Management innovation, green product innovation, green process innovation influence on financial performance. A study of South African manufacturing firms.

Abstract

This research aims to evaluate the nexus of green innovation on registered companies' financial performance on the Johannesburg Stock Exchange (J.S.E.). The paper followed the content analysis approach in evaluating green products, green processes, management innovation ability, and green image variables on 64 manufacturing firms from 2011 up to 2018. This article adopted Smart PLS-SEM 3 analyses to check the models suggested for the study empirically. The findings reveal that management innovation ability had a significant favorable influence on the green process; however, the relation with financial performance was insignificant. Green process innovation had a significant negative association with enterprise financial performance. Again, the effect of green process innovation on green products was enormously significant. Green products did not have a considerable influence on financial performance. Finally, the moderating variable green image was introduced into the model, green product, and green process; both indicated an insignificant positive effect on the enterprise financial performance. The conclusion of this research supports the theoretical assertation that mutually green products and green processes are complementary.

Moderating Environmental Leadership on Corporate Social Responsibility and Green Innovation of SMEs Performance

“…AS produced in table 5, leadership had an inverse moderating connection on the affiliation between CSR and GRNI. In the work of (Nsiah et al, 2022) research work in South Africa, their findings shows that management had a favorable effect on GRNI leading to a significant financial efficiency. The results have revealed that ENVL in the SME's sector do not participate in CSR activities that will lead to GRNI.…”

“…According to (Hernández-Linares et al, 2021), businesses committed to sustainable practices have a significant opportunity to attract additional customers. (Nsiah et al, 2022) research on management innovation and enterprise efficiency demonstrated that to achieve environmentally progress firms must integrate products and services that are green. Enterprises that disclose their corporate social responsibility are able to stay out of negative news.…”

Green Innovations and Environmental Performance of Hotels in Kano, Nigeria: Moderating Role of Green Transformational Leadership

“…On specific notes, the management ensures that the hotel uses materials that produce minimal environmental problems, always search for and adopt materials that consume less energy and resources, use facilities that are easy to recycle, reuse, and decompose, and also uses items that helps to design or deliver environment friendly product or services. These were also supported by Green product, process, technology, and organisational innovation have a beneficial impact on sustainability performance (Elzek et al, 2021;Nsiah et al, 2022).…”

“…Frare and Beuren (2021) investigates 81 Brazilian agricultural technology companies, and emphasized the significance of green process innovation in promoting green entrepreneurship, proactive sustainability strategy and environmental performance. A survey of 64 South African firms showed that management innovation capability significantly influenced the green process in a positive way, while the relationship with financial performance was negligible (Nsiah et al, 2022). Saudi et al (2019) researched on SMEs in Malaysia, and found that while green product innovation and green process innovation have a favourable and significant impact on economic and environmental performance.…”