GREEN INNOVATION ANDFIRM PERFORMANCE: THE ECOLOGICAL MODERNIZATION PERSPECTIVE

2017 ◽  
Vol 12 (Number 1) ◽  
pp. 21-31
Author(s):  
Fadhilah Mohd. Zahari ◽  
T. Ramayah
Keyword(s):  
Firm Performance ◽  
Business Strategy ◽  
Performance Outcomes ◽  
Ecological Modernization ◽  
Economic Prosperity ◽  
Green Innovation ◽  
Sustainable Environment ◽  
Central Argument ◽  
The Impact ◽  
Economic Improvement

Green innovation is becoming an essential business strategy in the 21stcentury as it brings sustainable environment and economic prosperity hand in hand. Consequently, the impact of green innovation on firm performance has drawn enormous attention among the scholars for the past few decades, aiming at empirically justify the positive implications of being green in business. However, the analysis from the ecological modernization perspective remains limited, although the focus on preventive approach to achieve environmentaland economic improvement is the central argument of this theoretical lens. This study tackles the above issue by examining the performance outcomes of green innovation adoption in view of ecological modernization perspective. A quantitative, survey based study collected data from 130 Malaysian manufacturing firms, which was subsequently analyzed using SmartPLS 2.0. The findings generally corroborate the positive implications of green innovation on firm performance in the aspects of environment, economic and competitive advantage. Likewise, EM perspective fits in offering plausible insights of the findings, hence entails the alternative ground to be employed in other studies of the like.

New evidence of the relationship between employee satisfaction and firm economic performance

2015 ◽  
Vol 44 (6) ◽  
pp. 906-929 ◽  
Author(s):  
Santiago Melián-González ◽  
Jacques Bulchand-Gidumal ◽  
Beatriz González López-Valcárcel
Keyword(s):  
Firm Performance ◽  
Organizational Performance ◽  
Employee Satisfaction ◽  
Performance Outcomes ◽  
Firm Level ◽  
Content Type ◽  
Worker Satisfaction ◽  
The Impact ◽  
The Relationship ◽  
Level Performance

Purpose – Employee satisfaction appears in any discussion about how employees can contribute to organizational performance. The purpose of this paper is to test the relationship between employee satisfaction and organizational performance; this later measured with three firm-level performance outcomes (return over assets, operating margin, and revenue per employee). Design/methodology/approach – At different times and from two independent sources the authors obtained firms’ data about worker attitudes and financial and productivity performance, respectively. The analyzed sample of 475 firms is the biggest among the studies that analyze performance and employee satisfaction at the firm level. The impact of employee satisfaction over firm performance was assessed. Findings – Overall satisfaction and satisfaction with senior leadership, compensation, and work/life balance, respectively impact firm performance. Research limitations/implications – The ratings come from both employees and ex-employees and the individual characteristics were unknown. Additionally as an internet-based sample there has been a lack of control over the individuals’ response process. Practical implications – Managers have evidence about the importance of their employees’ satisfaction on firm performance, and on how the facets involved on worker satisfaction impact the performance. Social implications – Employer review web sites are increasing their popularity. However, unlike the marketing field with consumers HR area has not taken advantage of this trend. The found results may contribute to highlight the importance of this kind of data. Originality/value – Hitherto there is only one empirical evidence about the positive role of worker satisfaction in objective and financial firm level performance. That was based in best-firms type data. The current study draws in a big sample independent of this kind of rankings. Additionally, the job facet satisfaction conceptualization considered demonstrates the usefulness of this way to understand the employee satisfaction.

The Business Value of IT: A Synthesis and Framework of Archival Research

2011 ◽  
Vol 25 (2) ◽  
pp. 81-116 ◽  
Author(s):  
Adi Masli ◽  
Vernon J. Richardson ◽  
Juan Manuel Sanchez ◽  
Rodney E. Smith
Keyword(s):  
Firm Performance ◽  
Balanced Scorecard ◽  
Business Strategy ◽  
Firm Value ◽  
Business Value ◽  
Future Research ◽  
Archival Research ◽  
Accounting Information Systems ◽  
Business Context ◽  
The Impact

ABSTRACT This paper synthesizes recent empirical archival research investigating the link between information technology investment and business value. It examines (1) financial and nonfinancial measures to represent different elements of business value, (2) IT investment measures and links with firm performance, (3) IT and business complementarities that affect firm performance, and (4) the impact of business context and IT alignment with business strategy on resulting performance. The review of prior research is guided by a balanced scorecard framework that places IT in a business context and highlights the role of potential drivers and contextual factors that impact the association between IT and firm value. The paper concludes by proposing several broad avenues of future research that may be of particular interest to archival accounting information systems researchers.

Mazzini, Kossuth, and British Radicalism, 1848–1854

1989 ◽  
Vol 28 (3) ◽  
pp. 225-261 ◽  
Author(s):  
Gregory Claeys
Keyword(s):  
Working Class ◽  
Political Action ◽  
Political Stability ◽  
Economic Prosperity ◽  
Class Politics ◽  
Self Help ◽  
Union Leaders ◽  
The Subject ◽  
The Impact ◽  
Economic Improvement

The relative quiescence of British working-class radicalism during much of the two decades after 1848, so central to the foundations of mid-Victorian stability, has been the subject of many explanations. Though Chartism did not expire finally until the late 1850s, its mainstream strategy of constitutionalist organization, huge meetings, enormous parliamentary petitions, and the tacit threat of violent intimidation seemed exploded after the debacle of Kennington Common and the failed march on Parliament in April 1848. But other factors also contributed to undermine the zeal for reform. Alleviating the pressures of distress, emigration carried off many activists to America and elsewhere. Relative economic prosperity rendered the economic ends of reform less pressing, and proposals like the Chartist Land Plan less appealing. The popularity of various self-help doctrines, including consumer cooperation, also militated against collectivist political action. “Labour aristocrats” and trade union leaders, moreover, preferred local and sectional economic improvement to the risks and expense of political campaigning.Accounts of mid-Victorian political stability have had little to say, however, about the impact of European radicalism on the British working-class movement after 1848. That the failure of the continental revolutions brought thousands of refugees to Britain is well known. But although useful studies exist of the internationalist dimensions of Chartism prior to 1849—and of some of the refugee groups generally in this period—the effects of the exiled continental radicals on British working-class politics in the early 1850s have remained largely unconsidered.

The Impact of Business Strategy on Firm Performance of Listed Firms in Vietnam

2020 ◽  
Vol 36 (5E) ◽  
Author(s):  
Khuong Nguyen Vinh ◽  
Le Phan Minh Thu ◽  
Luong Bao Han ◽  
Nguyen Thuy Minh Dan ◽  
Pham Truc Mai ◽  
...  
Keyword(s):  
Firm Performance ◽  
Business Strategy ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Positive Association ◽  
Listed Firms ◽  
Differentiation Strategy ◽  
Leadership Strategy ◽  
The Impact ◽  
Cost Leadership Strategy

This study was conducted to contribute empirical evidence of the impact of Michael Porter’s business strategy on performance in Vietnamese listed firms. Based on data from 620 firms on the Vietnamese stock exchange from 2010 to 2019, we use a quantitative research method to demonstrate the positive association between performance and differentiation strategy. We found cost leadership strategy has no meaning. Based on the results, we make implications for listed firms and regulatory agencies which will contribute to improving firm performance.

How resource alignment moderates the relationship between environmental innovation strategy and green innovation performance

2018 ◽  
Vol 33 (3) ◽  
pp. 316-324 ◽  
Author(s):  
Jing-Wen Huang ◽  
Yong-Hui Li
Keyword(s):  
Empirical Support ◽  
Performance Outcomes ◽  
Innovation Performance ◽  
Innovation Strategy ◽  
Ecological Modernization ◽  
Green Innovation ◽  
Environmental Innovation ◽  
Green Management ◽  
Content Type ◽  
Resource Alignment

Purpose Empirical evidences support the benefits of environmental innovation to improve performance. However, previous research has not considered the role of resource alignment in green supply chain management. To fill the research gap, this paper aims to identify resource alignment as a potential moderating mechanism and to examine the relationships between environmental innovation strategy, resource alignment and green innovation performance. Design/methodology/approach The empirical study uses a questionnaire approach designed to collect data. Regression analysis is used for hypotheses testing. Findings The findings indicate that environmental innovation strategy and resource alignment between partners are positively related to green innovation performance. This study also provides considerable support to the key contingent moderator of resource alignment. The positive effect of environmental innovation strategy on green innovation performance is stronger under the conditions of a higher level of resource alignment between partners. Research limitations/implications This study provides empirical support of the ecological modernization theory and integrates partner analysis literature and green management literature. Higher resource alignment may facilitate firms to develop environmental innovation strategy to attain green innovation performance. Practical implications Environmental innovation strategy enables firms to integrate ecological issues into their business operation. Managers could learn how to execute environmental incentive programs to promote sustainable development of green new product and green process. Managers need to pay attention to resource alignment that may have moderating influence on the performance outcomes of environmental innovation strategy. Originality/value This study highlights the importance of environmental innovation strategy and resource alignment in the process of green management and helps scholars and managers to better understand the moderator of resource alignment in quest of environmental innovation and green management.

Matching and Winning? The Impact of Upper and Middle Managers on Firm Performance in Major League Baseball

2020 ◽  
Vol 66 (6) ◽  
pp. 2735-2751 ◽  
Author(s):  
Thomas L. P. R. Peeters ◽  
Steven Salaga ◽  
Matthew Juravich
Keyword(s):  
Firm Performance ◽  
Educational Attainment ◽  
Business Strategy ◽  
Middle Managers ◽  
Major League Baseball ◽  
Match Quality ◽  
Firm Success ◽  
Hierarchical Levels ◽  
Major League ◽  
The Impact

We investigate the joint impact of managers at different hierarchical levels on firm performance in Major League Baseball. We separately quantify the contribution of upper and middle managers and the impact of their match quality—the degree to which managers cooperate effectively across layers to impact firm success. We establish that match quality is a statistically significant and economically meaningful driver of firm performance. Higher-quality managers tend to be matched together across levels and achieve higher match quality during their joint employment. Match quality does not improve over the length of a joint employment spell, but lower match quality is found in pairs with more divergent educational attainment and prior strategic approaches. Hence, match quality is partly innate, and manager pairings may have difficulty improving their cooperation through learning. When we control for match quality, we find significantly lower estimates of heterogeneity in manager ability compared with commonly used estimators of managerial impact. Still, both middle and upper managers retain a meaningful impact on firm performance. This paper was accepted by Bruno Cassiman, business strategy.

scholarly journals Variations in Performances in Chinese Small and Medium Enterprises

2009 ◽  
Author(s):  
Mohamad Hanapi Mohamad ◽  
Ching Ing Sung
Keyword(s):  
Firm Performance ◽  
Business Strategy ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Firm Strategy ◽  
Business Environment ◽  
Performance Outcomes ◽  
Chinese Entrepreneurs ◽  
Medium Enterprises ◽  
Multivariate Relationship

Malaysia, like many developing countries, is encouraging local businesses to take greater role in the management of its economy. While incentives and deregulation measures are offered, variations in performances still persist. Researchers have long been interested in explaining the variance in firm performance, as even those firms operating in the same industry and in the same business environment show differences in performance outcomes. Numerous paradigms in the literature have been employed to explain the variance in business performance, including the Classical Industry Organisation, the Revisionist school, the New Industrial Organisation school, the PIMS paradigm, the Austrian school, and the Resource-based school. This paper investigates the combined effects of managerial characteristics of owners/managers and business strategy on the firm performance of Chinese small and medium enterprises (SMEs) in Malaysia. Using multivariate relationship, the results of the study did not show any significant correlation between the managerial characteristics of the owners/managers and firm performance outcomes among the Chinese entrepreneurs. Nevertheless, a significant amount of variance in performance outcomes can be explained by firm strategy. Furthermore, several significant correlations were found between managerial characteristics and business strategy.  

scholarly journals Corporate Sustainability and Firm Performance: The Role of Green Innovation Capabilities and Sustainability-Oriented Supplier–Buyer Relationship

2021 ◽  
Vol 13 (18) ◽  
pp. 10414
Author(s):  
Michelle Frempomaa Frempong ◽  
Yinping Mu ◽  
Stephen Sarfo Adu-Yeboah ◽  
Md Altab Hossin ◽  
Mavis Adu-Gyamfi
Keyword(s):  
Firm Performance ◽  
Indirect Effect ◽  
Manufacturing Sector ◽  
Corporate Sustainability ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Economic Sustainability ◽  
Green Innovation ◽  
The Impact

This study attempts to examine the impact of corporate sustainability on firm performance by examining the indirect effect of sustainability-oriented supplier partnership and green innovation capabilities of a firm. The data acquired to address the research question is collected from management personnel, officers, and experts in the Ghana manufacturing sector using a list provided by the Association of Ghana Industries. Data acquired are tested for convergent validity and construct reliability and further examine the measurement model. The structural model is examined using partial least square structural equation modeling techniques. The empirical study supports seven (7) out of eight (8) stated hypotheses. Findings indicate that a sustainability-oriented supplier partnership indirectly influences the effect of social sustainability practices on a firm’s performance. In the same view, the outcome revealed that a sustainability-oriented supplier partnership does not positively influence the relationship between environmental, economic sustainability, and firm performance. Green innovation capabilities indirectly influence the effect of social and economic sustainability on firm performance except for environmental sustainability and firm performance. The findings of the study contribute to the literature by providing insights into the indirect effect of supplier–partnership and green innovation capabilities on firm performance, especially in the manufacturing sector.

scholarly journals Linking Business Environment Reform with Gender and Inclusion: A Study of Business Licensing Reform in Indonesia

2021 ◽  
Author(s):  
Amrita Saha ◽  
Jodie Thorpe ◽  
Keir Macdonald ◽  
Kelbesa Megersa
Keyword(s):  
Firm Performance ◽  
Business Performance ◽  
Large Scale ◽  
Business Environment ◽  
Performance Outcomes ◽  
Sociocultural Factors ◽  
Detailed Knowledge ◽  
Depth Analysis ◽  
Business Regulations ◽  
The Impact

Business environment reform (BER) targets inadequate business regulations. It is intended to remove constraints to business investment, enabling growth and job creation, and create opportunities for international business to contribute to and benefit from this growth. However, there is a lack of detailed knowledge of the impact of BER on gender and inclusion (G&I). While a review of existing literature suggests that in general, there is no direct link between BER and G&I, indirect links are likely through the influence of BER on firm performance. Outcomes will be influenced by the differential ways in which women-led firms experience the business environment when compared to their male counterparts, with disparities based on how they are treated under the law, as well as structural and sociocultural factors. The fact that in many countries, female-led firms are fewer and smaller than those of their male counterparts, and may operate in different sectors, also affects these dynamics. This research offers new insights through an in-depth analysis of the impact of the Pelayanan Terpadu Satu Pintu (PTSP) or one-stop shop business licensing reform in 2009 on firm performance in Indonesia, and how these impacts vary based on the gender of firm leadership. The results find that on average, firms benefited from improved business performance (sales), as a direct or indirect effect of this reform, as well as an increase in the number of medium and large-scale firms. Outside Jakarta (Bali, Banten, Lampung), women-led firms experienced a small but significant benefit relative to male-led firms, related to both sales and the number of medium and large-scale firms they run. In Jakarta, women-led firms continued to lag behind men and there were no significant effects on employment, and this held across province and gender. These findings are based on an analysis of the PTSP reform using data from the World Bank Enterprise Survey (WBES), a survey of small, medium and large firms (i.e. with more than four employees) which took place in Indonesia between 2009 and 2015.

Impact of multilevel strategic alliances on innovation and firm performance

2017 ◽  
Vol 9 (1) ◽  
pp. 53-80 ◽  
Author(s):  
Murat Atalay ◽  
Onur Dirlik ◽  
Fulya Sarvan
Keyword(s):  
Firm Performance ◽  
Strategic Alliances ◽  
Strategic Alliance ◽  
Positive Impact ◽  
Performance Outcomes ◽  
Innovation Performance ◽  
Network Ties ◽  
Content Type ◽  
Specific Category ◽  
The Impact

Purpose The purpose of this study is to explore the configuration of network ties that would have a positive impact on performance outcomes and test the presumed impact of multilevel strategic alliances on innovation and firm performance in a specific industry. Design/methodology/approach This study comprises part of a larger project on the network relations of yacht-building firms operating in Turkey. Data of the study was collected through face-to-face interviews and questionnaires with 143 yacht-building firms operating in major yacht-building regions of the country. Findings The findings of the study indicated the presence of meaningful relationship between total number of (strong) network relations perceived as strategic alliance and overall innovation performance. The generally presumed positive relationship between innovation performance and firm performance was supported. The type of innovation performance that was found to be related to the total number of network ties perceived as strategic alliance at national and global levels was product innovation performance. Practical implications A possible contribution of this study for industry members would be the implications of the finding that indicates positive impact of strategic alliances with different actors of the industry. Originality/value This study contributes to the exploration of network configurations that have a positive impact on innovation and firm performance, by dealing with the impact of the size, strength and geographical level of network relations in one single study. The yacht-building industry as the empirical setting represents a specific category of industry that rests on customized individual or small-batch manufacturing requiring considerable interaction with customers and suppliers. Because no study exists on this topic, findings can inspire similar industries.

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