Environmental commitment and firm financial performance: a moderated mediation study of environmental collaboration with suppliers and CEO gender
| Autor: | Wilson V.T. Dang, Thinh Truong Vu |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Economics and Econometrics
Financial performance 05 social sciences Socialization Questionnaire Sample (statistics) 010501 environmental sciences 01 natural sciences Structural equation modeling Environmental issue Philosophy Moderated mediation 0502 economics and business Business Marketing Stakeholder theory 050203 business & management 0105 earth and related environmental sciences |
| Zdroj: | International Journal of Ethics and Systems. 37:53-69 |
| ISSN: | 2514-9369 |
| Popis: | PurposePrior studies have found a mixed result on the relationship between environmental commitment and firm performance. To shed a new light on this relationship, this study aims to draw on stakeholder theory, upper echelon theory and gender socialization theory to determine the mediating role of environmental collaboration with suppliers and the moderating role of chief executive officers (CEOs) gender into this relationship.Design/methodology/approachThis study conducts a questionnaire survey to collect sample data of 177 CEOs in manufacturing firms in China. Structural equation modeling is used to analyze data and test hypotheses.FindingsEmpirical results show that environmental commitment has a positive influence on firm financial performance. Furthermore, the results show that environmental collaboration with suppliers mediates the link between environmental commitment and financial performance. In addition, CEO gender has a moderating effect on the relationship between environmental commitment and environmental collaboration with suppliers. Finally, CEO gender also moderates the indirect effect of environmental commitment on financial performance through environmental collaboration with suppliers.Originality/valueFindings of this study helps to clarify the mediating and moderating mechanism in the relationship between environmental commitment and firm performance. That is this study helps to clarify the mixed relationship between environmental commitment and firm performance in prior literature. This study also provides new insight and knowledge for business managers to make better decision in dealing with the environmental issue to enhance firm performance. |
| Databáze: | OpenAIRE |
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