Environmental performance and spillover effects on productivity: Evidence from horticultural firms

Gómez, Emilio Galdeano; Céspedes‐Lorente, José; Martínez-del-Río, Javier

doi:10.1016/j.jenvman.2007.07.028

Cited by 88 publications

(83 citation statements)

References 49 publications

(77 reference statements)

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“…The contribution of proactive environmental management to competitive advantage is in terms of costs and differentiation (Galdeano-Gó mez et al, 2008;Gonzá lez-Benito and Gonzá lezBenito, 2005;Shrivastava, 1995). Cost advantages typically arise from the adoption of practices that improve the production process (Hart, 1995) increasing its efficiency and reducing input and waste disposal costs (Hart, 1995;Shrivastava, 1995).…”

Section: Environmental Protection and Competitive Advantage Through Tmentioning

confidence: 99%

“…Differentiation advantages typically arise from the perception on the part of customers that the product is more valuable (Lankoski, 2008). Thus, differentiation advantages usually depend on the fit of product characteristics and market needs, and on the firm's ability to market the environmental characteristics of their products and services (Galdeano-Gó mez et al, 2008).…”

Section: Environmental Protection and Competitive Advantage Through Tmentioning

confidence: 99%

“…This is because, while some studies have documented a positive relationship (e.g. Aragó n-Correa and Rubio-Ló pez, 2007;Galdeano-Gó mez et al, 2008;Nakao et al, 2007;Wahba, 2008), others do not identify a positive impact of environmental proactivity on financial performance (Link and Naveh, 2006;Wagner, 2005;Watson et al, 2004).…”

Section: Introductionmentioning

confidence: 97%

“…Increasing awareness of environmental problems brought about by economic activity has led to greater political and social demands on firms to reduce their environmental impact (Galdeano-Gó mez et al, 2008). Managers are confronted with environmental issues.…”

Section: Introductionmentioning

confidence: 99%

“…Proactive corporate environmental strategies that go beyond regulatory compliance have a positive effect on firm performance when mediated by valuable organizational capabilities (Galdeano-Gó mez et al, 2008;Russo and Fouts, 1997;Sharma and Vredenburg, 1998;Wagner, 2005). Moreover, Judge and Elenkov (2005) indicate that the higher the organization's capacity for change, the more likely its environmental performance is to be high.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

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

321

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: Environmental Protection and Competitive Advantage Through Tmentioning

confidence: 99%

Section: Environmental Protection and Competitive Advantage Through Tmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 97%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

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

321

246

View full text Add to dashboard Cite

show abstract

Small agricultural businesses' performance—What is the role of dynamic capabilities, entrepreneurial orientation, and environmental sustainability commitment?

2021

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The role that the resources and capabilities of agricultural entrepreneurs play on both environmental performance (EP) and financial performance (FP) is still unclear. This study analyzes how small farms enhance EP and FP in an inland Portuguese region through the relationship between dynamic capabilities (DCs), entrepreneurial orientation (EO), and environmental sustainability commitment (ESC). Based on a sample of 160 fresh fruit farms and applying a partial least squares structural equation modeling (PLS-SEM), our study concludes that EO and ESC influence EP and FP positively.Hence, farms can achieve competitive advantage through mitigating their profound impacts on the environment as proposed by the natural resource-based view (NRBV).Farms are also improving DCs, but farmers respond to the higher environmental requirements of agricultural markets primarily through research and development (R&D) capabilities and not through marketing capabilities. Having as theoretical supports the NRBV and the DCs, our study contributes to a better understanding of the mechanisms through which entrepreneurs enhance EP and FP in sectors with high environmental impacts such as agriculture. The findings suggest that entrepreneurship training projects may enable farmers to approach food security as a market opportunity and not only as rules they must follow.

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Boosting environmental management: The mediating role of Industry 4.0 between environmental assets and economic and social firm performance

2022

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The adoption of new innovative ecosystems linked to Industry 4.0 (I4.0) in industrial firms has created new opportunities for performance. In this study, we investigate whether I4.0 can reinforce environmental asset management in achieving firm economic and social performance. We intend to contrast the existence of I4.0‐based reward mechanisms for being green. Using a panel of 1028 Spanish industrial firms in 2009–2016 period and a partial least squares structural equation modelling econometric methodology, the research has obtained two main results. First, the management of environmental assets generates positive effects on the economic and social performance of the industrial firm. Second, research findings confirm the mediating role of I4.0, which ends up reinforcing the relationship between environmental assets and the economic and social firm performance. The results obtained highlight the importance of complementary relationships between digital and environmental transformation to promote firm performance. Implications for firm strategy and business models are also discussed.

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Environmental performance and spillover effects on productivity: Evidence from horticultural firms

Cited by 88 publications

References 49 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

Small agricultural businesses' performance—What is the role of dynamic capabilities, entrepreneurial orientation, and environmental sustainability commitment?

Boosting environmental management: The mediating role of Industry 4.0 between environmental assets and economic and social firm performance

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