Sustaining the future: How green capabilities and digitalization drive sustainability in modern business.

Zeying Li, Saad Rasool, Mustafa Fedai Cavus, Waseem Shahid
Author Information
  1. Zeying Li: Department of Computer Science and Engineering, Hanshan Normal University, Chaozhou, PR China.
  2. Saad Rasool: Department of Computer Science, Concordia University Chicago, 7400 Augusta St, River Forest, IL, 60305, United States.
  3. Mustafa Fedai Cavus: Faculty of Economics and Administrative Sciences, Osmaniye Korkut Ata University, Osmaniye, Turkey.
  4. Waseem Shahid: Faculty of Business and Management, Universiti Teknologi MARA (UiTM), Selangor, Malaysia.

Abstract

In recent years, the unprecedented growth in environmental vulnerabilities has made the firms realize the need for environmental protection. With this, the rapid surge for ecological preservation has made worldwide businesses divert their focus toward greener practices that ensure the firm's financial and environmental performance. This study examines the relationships between green management strategies (green dynamic capabilities, internal green supply chain management and green technology adoption), and organizational outcomes, specifically environmental and financial performance. The data was collected from the 471 employees working in the manufacturing firms. Utilizing the Structural Equation Modeling (SEM) method via Smart-PLS, our findings show the importance of integrating green practices in supply chain management, dynamic capabilities, and technology adoption to enhance both environmental and financial outcomes under the moderating role of industry dynamism and green knowledge acquisition.

Keywords

References

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Word Cloud

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