How does ecological responsibility affect manufacturing firms' environmental and economic performance?

Koo, Chulmo; Chung, Namho; Ryoo, Sung Yul

doi:10.1080/14783363.2013.835615

Cited by 60 publications

(49 citation statements)

References 36 publications

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“…Prior studies have shown that organizations can benefit from greening their operations in terms of cost reduction, productivity, innovation and economic performance (e.g. Iraldo et al, 2009;Koo et al, 2014). As suggested by Psomas et al (2011), there are several competitive opportunities associated with environmentally friendly management, ranging from internal performance benefits to external marketing benefits.…”

Section: Theoretical Perspective Of the Link Between Sustainability Amentioning

confidence: 99%

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Do corporate sustainability practices enhance organizational economic performance?

Maletič

Dahlgaard

Dahlgaard‐Park

et al. 2015

International Journal of Quality and Service Sciences

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Purpose -Corporate sustainability is a growing area of importance for organizational development. Managing sustainability practices successfully is an imperative in achieving competitive advantage. This study intends to clarify the relation between sustainability practices and financial and market performance, and also, the role of non-financial performance outputs in this relation. Methodology/Approach -Using empirical data based on a large-scale survey among organizations in five countries (i.e. Germany, Poland, Serbia, Slovenia and Spain), this paper utilized mediation analysis to estimate and test the mediated effects in a multiple mediator model. As such, the sizes of indirect effects of sustainability practices on financial and market performance through potential mediators were estimated. Findings -The results showed that innovation performance exerts a mediation effect in the relation between sustainability practices and financial and market performance. The main conclusion is that a greater engagement in sustainability practices leads to an increased innovation performance, which in turn, leads to financial and market performance. Originality/value -This paper is one of the first attempts to empirically validate sustainability exploitation and sustainability exploration practices. Besides, the analysis of the direct and indirect effects of sustainability exploration and sustainability exploitation practices on financial and market performance has not been yet addressed to a great extent.

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Section: Theoretical Perspective Of the Link Between Sustainability Amentioning

confidence: 99%

“…Weber, 2008), environmental performance (Koo et al, 2014;Wagner and Schaltegger, 2004) as well as sustainability performance (e.g. Wagner, 2010).…”

Section: Introductionmentioning

confidence: 99%

Do corporate sustainability practices enhance organizational economic performance?

Maletič

Dahlgaard

Dahlgaard‐Park

et al. 2015

International Journal of Quality and Service Sciences

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“…Arguments that support the positive relationship between sustainability practices and organisational performance suggest that organisations can increase their competitiveness and simultaneously support sustainable development (see, e.g., Wagner et al, 2010;Koo et al 2013). Therefore, organisations have the opportunity to address sustainable development while improving efficiency, reducing costs, increasing innovation rate, and enhancing profitability (Koo et al 2013;Schaltegger, and Wagner, 2006).…”

Section: Performance Outputmentioning

confidence: 99%

“…Therefore, organisations have the opportunity to address sustainable development while improving efficiency, reducing costs, increasing innovation rate, and enhancing profitability (Koo et al 2013;Schaltegger, and Wagner, 2006). In this regard, one can argue that increases in the extent of sustainability practices will lead to increased economic performance (Wagner, 2010), increased innovation performance (Rennings et al, 2006), increased environmental performance (Wagner and Schaltegger, 2004), increased social performance (Weber, 2008) and increased quality performance (Corbett and Klassen, 2006).…”

Section: Performance Outputmentioning

confidence: 99%

Sustainability exploration and sustainability exploitation: from a literature review towards a conceptual framework

Maletič

Dahlgaard

Dahlgaard‐Park

et al. 2014

Journal of Cleaner Production

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Theoretical and empirical research often points to a positive relation between corporate sustainability and organisational performance; however, attempts to conceptualise the multi-dimensional nature of sustainability practices are rare in the current literature. Thus, the purpose of this paper is to present a conceptual framework to aid in understanding and explaining the relationship between sustainability practices and organisational performance. The concepts of exploitation and exploration are adopted to distinguish between different types of sustainability practices. The research model is then analysed in terms of different outcomes related to sustainability performance, quality performance and business performance. Based on an interdisciplinary perspective, this paper suggests a new approach for the discussion of corporate sustainability and its implications for the organisational context. The results of the research suggest that the organisation may place a stronger focus on developing new sustainability-centred competencies when it is faced with an uncertain and rapidly changing environment. In contrast, efficiency and responsiveness to various stakeholders expectations and demands might dominate in highly competitive environments. The primary conclusion of this paper is that the alternative relationships between sustainability practices (exploitation and exploration) and organisational performance depend on different factors, including environmental uncertainty, competitiveness, long-term orientation and institutional approaches. These arguments indicate that managers in resource-constrained contexts may benefit from focusing on the management of trade-offs between sustainability exploration and sustainability exploitation demands; however, for long-term success, the simultaneous pursuit of exploration and exploitation is both desirable and necessary

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“…(1) First order effect: Direct impacts on the environment due to the physical existence and use of IT, often labeled as "Green IT" (e.g., Dao et al 2011;Molla 2009;Murugesan 2008;Karanasios, Cooper, Deng, Molla, and Pittayachawan 2010;Schmidt, Erek, Kolbe, and Zarnekow 2011;Opitz, Thies, Erek, Kolbe, and Zarnekow 2013;Reiter, Fettke, and Loos 2013;Ryoo and Koo 2013;) (2) Second order effect: Enabling effects of ICTs in other sectors such as energy, logistics, mobility, and manufacturing that lead to more sustainable business operations, often labeled as "Green (by) IS" (Watson et al 2010a;Watson, Boudreau, Li, and Levis 2010b;Butler 2011;Kranz and Picot 2011a;Sarkis, Zhu, and Lai 2011;Loeser, Erek, and Zarnekow 2012;Brandt, Feuerriegel, and Neumann 2013;Busse et al 2013;Hilpert et al 2013;Stiel and Teuteberg 2013;Wunderlich et al 2013;Koo, Chung, and Ryoo 2014) (3) Third order effect: Systemic effects of ICTs causing medium-or long-term changes of behavior and economic structures towards more eco-sustainable practices, often labeled as "Green IS" (Watson et al 2011;e.g., Loock et al 2013;Seidel et al 2013) To analyze where the field is going, we have conducted a literature review of articles in major IS journals. Our search included the AIS basket of eight leading IS journals (European Journal of Information Systems, Information Systems Journal, Information Systems Research, Journal of AIS, Journal of Information Technology, Journal of MIS, Journal of Strategic Information Systems, and MIS Quarterly), Electronic Markets, and Business & Information Systems Engineering.…”

Section: Where Do We Stand?mentioning

confidence: 99%

Smart energy: where do we stand and where should we go?

et al. 2015

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How does ecological responsibility affect manufacturing firms' environmental and economic performance?

Cited by 60 publications

References 36 publications

Do corporate sustainability practices enhance organizational economic performance?

Do corporate sustainability practices enhance organizational economic performance?

Sustainability exploration and sustainability exploitation: from a literature review towards a conceptual framework

Smart energy: where do we stand and where should we go?

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