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Firm resources and the development of environmental sustainability among small and medium-sized enterprises: evidence from the Australian wine industry

Firm resources and the development of environmental sustainability among small and medium-sized enterprises: evidence from the Australian wine industry
Firm resources and the development of environmental sustainability among small and medium-sized enterprises: evidence from the Australian wine industry
Scholars and industry professionals want clarification of the specific firm resources that influence the adoption and development of environmentally sustainable strategies. This paper, set in the context of the Australian wine industry, explores different firm resources that are beneficial for environmentally sustainable development and examines the role of management attitudes and norms in moderating this relationship. It establishes which resources small and medium‐sized enterprises (SMEs) should invest in to be more successful in following environmental principles. The findings of a survey of the owner‐managers of Australian wine‐producing SMEs are reported, and partial least squares structural equation modelling is utilized to analyze the data. Results clearly indicate that successful firms that manage their resources more effectively influence the application of environmental behaviour, with one distinct resource significantly influencing the disclosure of such behaviour. A moderating effect is established which supports the notion that pro‐environmental decision‐making in SMEs is heavily influenced by the attitudes and norms held by management.
0964-4733
25-39
Knight, Hanne
9e489161-75b5-4402-9783-187b5b02b9da
Megicks, Phil
5330ca01-abb8-4e41-b079-07c1e7656336
Agarwal, Sheela
f641932e-3d27-406f-a3a7-00ad1ebac622
Leenders, M.A.A.M.
0058f350-95a5-45ad-a95a-7a441a7cb06f
Knight, Hanne
9e489161-75b5-4402-9783-187b5b02b9da
Megicks, Phil
5330ca01-abb8-4e41-b079-07c1e7656336
Agarwal, Sheela
f641932e-3d27-406f-a3a7-00ad1ebac622
Leenders, M.A.A.M.
0058f350-95a5-45ad-a95a-7a441a7cb06f

Knight, Hanne, Megicks, Phil, Agarwal, Sheela and Leenders, M.A.A.M. (2019) Firm resources and the development of environmental sustainability among small and medium-sized enterprises: evidence from the Australian wine industry. Business Strategy and the Environment, 28 (1), 25-39. (doi:10.1002/bse.2178).

Record type: Article

Abstract

Scholars and industry professionals want clarification of the specific firm resources that influence the adoption and development of environmentally sustainable strategies. This paper, set in the context of the Australian wine industry, explores different firm resources that are beneficial for environmentally sustainable development and examines the role of management attitudes and norms in moderating this relationship. It establishes which resources small and medium‐sized enterprises (SMEs) should invest in to be more successful in following environmental principles. The findings of a survey of the owner‐managers of Australian wine‐producing SMEs are reported, and partial least squares structural equation modelling is utilized to analyze the data. Results clearly indicate that successful firms that manage their resources more effectively influence the application of environmental behaviour, with one distinct resource significantly influencing the disclosure of such behaviour. A moderating effect is established which supports the notion that pro‐environmental decision‐making in SMEs is heavily influenced by the attitudes and norms held by management.

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Firm resources and environmental sustainable development among SMEs Hanne Kroger Knight - Accepted Manuscript
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Accepted/In Press date: 4 April 2018
e-pub ahead of print date: 28 June 2018
Published date: 1 January 2019

Identifiers

Local EPrints ID: 434409
URI: http://eprints.soton.ac.uk/id/eprint/434409
ISSN: 0964-4733
PURE UUID: 88ed0c7f-6010-4ce3-bc52-ea238ae1e142

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Date deposited: 23 Sep 2019 16:30
Last modified: 27 Jun 2020 04:01

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