Environmental sustainability orientation and performance of family and nonfamily firms
Environmental sustainability orientation and performance of family and nonfamily firms
Despite the growing research evidence on the effect of environmental sustainability orientation (ESO) on firm outcomes, contingent factors that may influence the strength of this relationship have received little scholarly attention. In this study, we use insights from the literature on ESO and family business to introduce family status and firm age as moderators in the ESO-performance linkage. Using time-lagged data from 253 small and medium-sized enterprises in Ghana, we found the impact of ESO on firm performance is amplified for nonfamily firms but not significant for family firms. Our evidence suggests it is stronger among older firms than younger ones. Implications and directions for future research are discussed.
1250-1259
Adomako, S.
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Amankwah-Amoah, J.
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Danso, A.
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Konadu, R.
0b73ef3a-f741-417c-80b0-842c6466e6e0
Owusu-Agyei, S.
89f0abc2-0756-480e-962d-a4b01d7c04dc
3 September 2019
Adomako, S.
b258532c-686a-48fe-a8f8-eedab5c943e6
Amankwah-Amoah, J.
d2ad1a30-774b-4d63-b77f-4e66976666da
Danso, A.
a78c616e-5975-49b3-825c-f3f6b617b02b
Konadu, R.
0b73ef3a-f741-417c-80b0-842c6466e6e0
Owusu-Agyei, S.
89f0abc2-0756-480e-962d-a4b01d7c04dc
Adomako, S., Amankwah-Amoah, J., Danso, A., Konadu, R. and Owusu-Agyei, S.
(2019)
Environmental sustainability orientation and performance of family and nonfamily firms.
Business Strategy and the Environment, 28 (6), .
(doi:10.1002/bse.2314).
Abstract
Despite the growing research evidence on the effect of environmental sustainability orientation (ESO) on firm outcomes, contingent factors that may influence the strength of this relationship have received little scholarly attention. In this study, we use insights from the literature on ESO and family business to introduce family status and firm age as moderators in the ESO-performance linkage. Using time-lagged data from 253 small and medium-sized enterprises in Ghana, we found the impact of ESO on firm performance is amplified for nonfamily firms but not significant for family firms. Our evidence suggests it is stronger among older firms than younger ones. Implications and directions for future research are discussed.
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Accepted/In Press date: 9 March 2019
e-pub ahead of print date: 1 April 2019
Published date: 3 September 2019
Identifiers
Local EPrints ID: 452110
URI: http://eprints.soton.ac.uk/id/eprint/452110
ISSN: 0964-4733
PURE UUID: 8b8d1b7b-352e-4413-9696-02d5feba3b4e
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Date deposited: 11 Nov 2021 17:38
Last modified: 16 Mar 2024 14:14
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Author:
S. Adomako
Author:
J. Amankwah-Amoah
Author:
A. Danso
Author:
S. Owusu-Agyei
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