2016
DOI: 10.1080/10496491.2016.1121753
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Wine Sector: Companies' Performance and Green Economy as a Means of Societal Marketing

Abstract: The first research goal is to examine the impact of the wine consumption trend on Italian and foreign wine companies' economic performance. The second goal is to identify the most relevant green concepts for the wine industry with regard to addressing environmental challenges and as a means of societal marketing. Italian wine consumption trend impacted negatively on core business performance, but not on the return on equity. In regard to foreign companies, global wine consumption has remained at a similar leve… Show more

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Cited by 111 publications
(118 citation statements)
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“…The first hypothesis is therefore accepted despite the very low explained variance (11.6%). Unsurprisingly, other factors do exist that determine and explain the economic results of wineries, such as label and designation of origin [27]. The importance of these results stems from the fact that wineries have traditionally ignored environmental concerns which they consider to be irrelevant since this is not one of most polluting sectors [73].…”
Section: Discussionmentioning
confidence: 99%
“…The first hypothesis is therefore accepted despite the very low explained variance (11.6%). Unsurprisingly, other factors do exist that determine and explain the economic results of wineries, such as label and designation of origin [27]. The importance of these results stems from the fact that wineries have traditionally ignored environmental concerns which they consider to be irrelevant since this is not one of most polluting sectors [73].…”
Section: Discussionmentioning
confidence: 99%
“…First, marketing management approaches can be applied to improve the value of sustainability in the wine sector (Bresciani, Ferraris, Santoro, & Nilsen, 2016;Contò, Fiore, Vrontis, & Silvestri, 2015).…”
mentioning
confidence: 99%
“…"Green economy" and "sustainable development" have become the focus of many studies in the literature and of national and international directives (Bresciani, Ferraris, Santoro, & Nilsen, 2016;Wu, 2017;Franceschelli, Santoro, & Candelo, 2018). For example, the International Energy Agency report presented in 2016 at the Conference of the Parties 22 in Marrakesh stated that the global economy is becoming "greener."…”
Section: Introductionmentioning
confidence: 99%