Environmental orientation and corporate performance: The mediation mechanism of green supply chain management and moderating effect of competitive intensity

Chan, Ricky Y. K.; He, Hongwei; Chan, Hing Kai; Wang, William Y.C.

doi:10.1016/j.indmarman.2012.04.009

Cited by 444 publications

(371 citation statements)

References 59 publications

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“…Accordingly, the environmental orientation of a firm might vary from the internal to external orientation [41]. Firms with a strong internal environmental orientation pursue more reactive environmental strategies and focus more on internal values, rules, and ethical standards regarding the level of commitment to environmental protection [21]. Environmental conservation and protection manifest only in the formal policies, documents, and procedures of a firm [20].…”

Section: Firms' Environmental Orientationmentioning

confidence: 99%

“…Environmental conservation and protection manifest only in the formal policies, documents, and procedures of a firm [20]. Furthermore, these types of firms provide formal environmental training for their employees [21]. Recently established firms with a strong external environmental orientation pursue more proactive environmental strategies and integrate environmental issues at higher levels of strategy [42], and the founders of such firms are more concerned about how to satisfy the environmental demands of external stakeholders, e.g., consumers, supplier, alliance firms, government, and community [41].…”

Section: Firms' Environmental Orientationmentioning

confidence: 99%

“…Corporate environmental protection enhances shareholder value [45] and organizational capabilities [36,46], and customers prefer to buy from firms that show more commitment to the natural environment [47,48]. Previous studies showed that the environmental orientation of a firm improves its competitiveness [49] and performance [21,50,51]. However, not all firms in the same industry pay equal attention to the environment, and some of them pursue more proactive environmental strategies than others [46].…”

Section: Firms' Environmental Orientationmentioning

confidence: 99%

“…We used eight items from Chan et al [21] to measure the environmental orientation of the firms. The first four items measured the firms' internal environmental orientation, and the second four items measured the firms' external environmental orientation.…”

Section: Firms' Environmental Orientationmentioning

confidence: 99%

“…However, despite the growing consciousness of environmental issues, not all entrepreneurs and their firms are environmentally oriented [14]. Environmental orientation plays an important role in a firms' strategy formulation [19,20] and performance [21]. Therefore, it is worth determining which type of entrepreneurs pay more attention to the environment and have more willingness to pursue proactive environmental strategies in their firms.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

Does Thinking Style Make a Difference in Environmental Perception and Orientation? Evidence from Entrepreneurs in Post-Sanction Iran

2018

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Styles of thinking set different paths for an entrepreneur's perception and strategic action. In order to understand the environmental consequences of a thinking style, we investigated the relations between entrepreneurs' linear and nonlinear styles of thinking with their perception of environmental uncertainty in their businesses. Furthermore, we tested the effect of the entrepreneurs' linear and nonlinear style of thinking on their newly established firms' orientation towards preserving the surrounding internal and external environment. Entrepreneurs with linear or rational thinking styles prefer more tangible data, information, facts, and analytical tools, and entrepreneurs with nonlinear or non-rational thinking styles rely more on internal feelings, impressions, imagination, creativity, and sensations when making important organizational decisions. By using cross-sectional survey data from 144 entrepreneurs in post-sanction Iran (2016-2017), we found that entrepreneurs with a linear style of thinking, in comparison to entrepreneurs with a nonlinear style of thinking, perceive a higher level of environmental state, effect, and response uncertainty in their business context. Furthermore, our survey results reveal that newly established firms by entrepreneurs with nonlinear styles of thinking have a more external environmental orientation, while newly established firms by entrepreneurs with a linear style of thinking have a more internal environmental orientation. Recognizing this contingency advances our understanding of how entrepreneurs perceive and enact their environments.

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Section: Firms' Environmental Orientationmentioning

confidence: 99%

Section: Firms' Environmental Orientationmentioning

confidence: 99%

Section: Firms' Environmental Orientationmentioning

confidence: 99%

Section: Firms' Environmental Orientationmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Does Thinking Style Make a Difference in Environmental Perception and Orientation? Evidence from Entrepreneurs in Post-Sanction Iran

2018

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Green supply chain management: Pressures, practices, and performance—An integrative literature review

Balon

2019

Bus Strat Dev

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The evolution of supply chain management, such as green supply chain and sustainable supply chain implementation in the industry, has been a great momentum over the past two decades, particularly from the mid of third industrial revolution to the current fourth industrial revolution. Given this interest, engineering and management scholars have examined various concepts and theoretical developments of green supply chain management (GSCM), especially during the past decade. The purpose of this paper, therefore, is to critically review the extant literature on pressures, practices, and performance of GSCM. The paper surveyed more than 150 research articles published in high‐impact refereed academic journals. The review synthesis has been discussed through GSCM pressures (government rules and regulations, corporate social responsibility, investment recovery, and green market), GSCM practices (eco‐design, internal environmental management, waste management, green purchasing aspect, quality, and product recovery), and GSCM performance (financial, operational, and environmental). Bibliometric results were presented, including the types of sources, year‐wise publications, country‐wise output, journal‐wise output, and top contributors in GSCM research.

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What does targeting ecological sustainability mean for company financial performance?

Mendonca

Zhou

2019

Bus Strat Env

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This study empirically examines the effects of companies' environmental orientation on their long‐run financial performance. It also examines the mediating roles of environmental legitimacy and environmental performance. We use PLS‐SEM among a sample of large U.S.‐based companies. The results show that an environmental orientation that targets ecological sustainability is directly and positively associated with the debt ratio and with long‐run market value but to a lesser degree than what is obtained by not targeting ecological sustainability. Targeting ecological sustainability has a greater positive impact on environmental legitimacy than not targeting ecological sustainability. Environmental legitimacy, but not environmental performance, mediates the link between environmental orientation and long‐run profitability and market value. These findings suggest that targeting ecological sustainability is important for improving environmental legitimacy, but companies are not proactive in improving environmental performance. This study offers insights to managers for improving financial performance by targeting ecological sustainability.

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Environmental orientation and corporate performance: The mediation mechanism of green supply chain management and moderating effect of competitive intensity

Cited by 444 publications

References 59 publications

Does Thinking Style Make a Difference in Environmental Perception and Orientation? Evidence from Entrepreneurs in Post-Sanction Iran

Does Thinking Style Make a Difference in Environmental Perception and Orientation? Evidence from Entrepreneurs in Post-Sanction Iran

Green supply chain management: Pressures, practices, and performance—An integrative literature review

What does targeting ecological sustainability mean for company financial performance?

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