Environmental Management: Testing the Win‐Win Model

Karagozoglu, Necmi; Lindell, Martin

doi:10.1080/09640560020001700

Cited by 107 publications

(71 citation statements)

References 20 publications

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“…We considered two groups of items to measure that variable: competitive advantage on costs (4 items) and competitive advantage in differentiation (5 items), which were drawn from Christmann (2000), Karagozoglu and Lindell (2000) and Wagner and Schaltegger (2004). Through a 7-point Likert scale, managers rated his or her organization's competitiveness relative to that of other firms in the sector.…”

Section: Competitive Advantagementioning

confidence: 99%

The whole relationship between environmental variables and firm performance: Competitive advantage and firm resources as mediator variables

López‐Gamero

Molina‐Azorín

Claver‐Cortés

2009

Journal of Environmental Management

339

246

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a b s t r a c tThe examination of the possible direct link between environmental protection and firm performance in the literature has generally produced mixed results. The present paper contributes to the literature by using the resource-based view as a mediating process in this relationship. The study specifically tests whether or not the resource-based view of the firm mediates the positive relationships of proactive environmental management and improved environmental performance with competitive advantage, which also has consequences for financial performance. We also check the possible link between the adoption of a pioneering approach and good environmental management practices. Our findings support that early investment timing and intensity in environmental issues impact on the adoption of a proactive environmental management, which in turn helps to improve environmental performance. The findings also show that a firm's resources and competitive advantage act as mediator variables for a positive relationship between environmental protection and financial performance. This contribution is original because the present paper develops a comprehensive whole picture of this path process, which has previously only been partially discussed in the literature. In addition, this study clarifies a relevant point in the literature, namely that the effect of environmental protection on firm performance is not direct and can vary depending on the sector considered. Whereas competitive advantage in relation to costs influences financial performance in the IPPC law sector, the relevant influence in the hotel sector comes from competitive advantage through differentiation.

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Section: Competitive Advantagementioning

confidence: 99%

The whole relationship between environmental variables and firm performance: Competitive advantage and firm resources as mediator variables

López‐Gamero

Molina‐Azorín

Claver‐Cortés

2009

Journal of Environmental Management

339

246

View full text Add to dashboard Cite

show abstract

“…This issue causes more experienced entrepreneurs to pay more attention to commercial legitimacy because a higher level of legitimacy assures a more intense spirit of innovation, and the more likely it is that an enterprise will gain a competitive advantage [58][59][60]. Especially, commercial legitimacy would be essential for green behavior to be of practical interest, as was proposed originally by the win-win strategy, and has not been shown empirically for various profit criteria [61][62][63]. Moreover, in green research, the value of GE is more difficult to realize than the value of ordinary entrepreneurship opportunities because green start-ups are confronted by the double constraint of sociopolitical legitimacy and commercial legitimacy [64].…”

Section: Legitimacymentioning

confidence: 99%

The Influence of Legitimacy on a Proactive Green Orientation and Green Performance: A Study Based on Transitional Economy Scenarios in China

Jiang

Gao

et al. 2016

Sustainability

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Abstract:With environmental pollution, climate change and resource scarcity being serious global issues, green entrepreneurship is increasingly seen as an approach to simultaneously address economic performance, environmental impact and social responsibility. As green entrepreneurship needs to consider both venture performance and social responsibility, it will be subject to legitimacy constraints at the system level. Whether these legitimacy constraints are favorable to green enterprise is not yet clear from current research. Especially for transition economies, the problem of whether proactive green enterprises facing legitimacy constraints under institutional uncertainty can achieve green performance requires further study. Thus, a theoretical model to determine the relationship between green proactiveness orientation (GPO), green performance, legitimacy, and transitional economics was proposed. Based on the data from 235 new Chinese green firms, the empirical results suggest that green startups launch with a green proactiveness orientation, which enables them to acquire a green performance advantage over their competitors. Improvements in green performance is also shown to be driven by the pressure from institutional legitimacy. Better green performance can be easily achieved if green startups have a higher level of legitimacy. However, against the background of transitional economies, the increase in institutional uncertainty will damage the promotion of political legitimacy and make the enterprises that are subject to political legitimacy constraints lose their green performance. Currently, political legitimacy is no longer an impetus. However, the increase in institutional uncertainty will strengthen the promotion of commercial legitimacy and cause green-oriented startups to pursue more commercial interests. Thus, to a certain extent, it will lead to market uncertainty. The conclusion of this study not only provides guidance for startups in different industries to develop green actions under the pressure of institutional constraints but also warns governments to improve policies and regulations quickly under different situations of institutional uncertainty.

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“…Corporate environmental performance defines the sustainability targets that articulate the goals of the companies by achieving set targets to satisfy shareholders, creditors, employees, customers, suppliers and community and to comply with the regulatory compliance and legal requirements in organizations. As suggested by Karagozoglu and Lindell (2000), environmentally proactive strategies promote ecological innovation and can lead to competitive advantage.…”

Section: Environmental Performancementioning

confidence: 99%

The Impact of Green Banking Practices on Bank�s Environmental Performance: Evidence from Sri Lanka

Shaumya¹,

Arulrajah²

2017

JFBM

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Today, all the sectors of world economy are facing huge challenges to deal with the environmental problems and their related impacts in their day to day businesses. In Sri Lanka, banks are launching green banking initiatives in recent years. Apparently, there are lacunas in empirical studies undertaken in Sri Lankan context regarding green banking and bank's environmental performance. Hence, the objective of this paper is to measure the impact of green banking practices on bank's environmental performance. In order to achieve the objective, primary data were collected from 155 employees of selected bank branches and the structured questionnaire was administered to collect the data. The data were analyzed by using univariate, bivariate and multivariate analyses. The finding of the study revealed that green banking practices have positive and significant impact on bank's environmental performance in overall. And it also found that employee related practice, daily operation related practice and bank's policy related practice were found to have positive and significant impact on bank's environmental performance however, customer related practice has no significant impact on bank's environmental performance. The current study will be vital in understanding the empirical knowledge regarding the impact of green banking practices on bank's environmental performance.

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Environmental Management: Testing the Win‐Win Model

Cited by 107 publications

References 20 publications

The whole relationship between environmental variables and firm performance: Competitive advantage and firm resources as mediator variables

The whole relationship between environmental variables and firm performance: Competitive advantage and firm resources as mediator variables

The Influence of Legitimacy on a Proactive Green Orientation and Green Performance: A Study Based on Transitional Economy Scenarios in China

The Impact of Green Banking Practices on Bank�s Environmental Performance: Evidence from Sri Lanka

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