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Asia Pacific Journal of Management
Published in: Asia Pacific Journal of Management 3/2020

30-05-2019

Why firms go green and how green impacts financial and innovation performance differently: An awareness-motivation-capability perspective

Authors: Chengli Shu, Mengli Zhao, Jinxin Liu, Wendy Lindsay

Published in: Asia Pacific Journal of Management | Issue 3/2020

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Abstract

Based on the awareness-motivation-capability framework, this research examines how firm-level factors (environmental scanning and organizational slack) individually and collectively interact with institutional factors (government support and industry competition) to influence a firm’s adoption of green management. Moreover, we distinguish the impacts of green management on financial performance and innovation performance. The empirical findings reveal that environmental scanning and organizational slack facilitate green management, government support strengthens these positive relationships, and industry competition attenuates the effect of environmental scanning on green management. In addition, green management enhances innovation performance to a greater extent than financial performance. This research provides an integrative framework illustrating how firm-level factors and institutional environments influence green decisions and proposes that green management may impact firm performance measures in distinctive ways.
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Appendix
Available only for authorised users
Footnotes
1
Given the relatively small sample size (N = 42), we adopted the criterion of p < .10 in this part. All the results are available on request.
 
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Metadata
Title
Why firms go green and how green impacts financial and innovation performance differently: An awareness-motivation-capability perspective
Authors
Chengli Shu
Mengli Zhao
Jinxin Liu
Wendy Lindsay
Publication date
30-05-2019
Publisher
Springer US
Published in
Asia Pacific Journal of Management / Issue 3/2020
Print ISSN: 0217-4561
Electronic ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-018-9630-8

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