Environmental Innovation, Environmental Performance and Financial Performance: Evidence from Malaysian Environmental Proactive Firms

被引:45
|
作者
Ong, Tze San [1 ]
Lee, Ah Suat [2 ]
Teh, Boon Heng [3 ]
Magsi, Hussain Bakhsh [4 ]
机构
[1] Univ Putra Malaysia, Fac Econ & Management, Dept Accounting & Finance, Upm Serdang 43400, Selangor, Malaysia
[2] Univ Tunku Abdul Rahman, Dept Commerce & Accountancy, Kampar 31900, Malaysia
[3] Multimedia Univ, Fac Management, Cyberjaya 63100, Malaysia
[4] Lasbela Univ Agr, Fac Management & Social Sci, Water & Marine Sci, Uthal 90150, Balochistan, Pakistan
关键词
environmental competitive capabilities; environmental performance; environmental innovation; financial performance; environmental management system; Malaysia; Q550; Q560; O310; O320; RESOURCE-BASED VIEW; GREEN PRODUCT INNOVATION; BUSINESS PERFORMANCE; SUPPLY CHAIN; COMPETITIVE ADVANTAGE; DYNAMIC CAPABILITIES; ECO-INNOVATION; MANAGEMENT; STANDARDS; COMPANIES;
D O I
10.3390/su11123494
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This study is aimed to investigate the relationship between environmental performance, environmental innovation, and financial performance of firms. A total of 124 responses were collected from managers of manufacturers certified by ISO 14001 EMS in Malaysia, and the data was subjected to a structural equation analysis using the Smart PLS version 3.2.7 software. The results have endorsed environmental competitive capabilities i.e. environmental innovation and environmental performance as the key enablers for the creation of economic values for environmental proactive manufacturing firms. Moreover, environmental innovation is also found to be the mediator that transforms the benefits of environmental performance into financial performance.
引用
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页数:18
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