Abstract
The main objective of this paper is to bring a model for firm sustainability performance index by applying both classical and Bayesian structural equation modeling (parametric and semi-parametric modeling). Both techniques are considered to the research data collected based on a survey directed to the China, Taiwan, and Malaysia food manufacturing industry. For estimating firm sustainability performance index we consider three main indicators include knowledge management, organizational learning, and business strategy. Based on the both Bayesian and classical methodology, we confirmed that knowledge management and business strategy have significant impact on firm sustainability performance index.
Highlights
Schaltegger and Gualandris [1] believed that firm sustainability performance is a multi-dimensional concept which is not directly measurable and requires a set of indicators to be assessed
We found few studies discussing the practical relationship among knowledge management, business strategy, organizational learning, and firm sustainability performance index [17]
The main objective of the present paper is to demonstrate the value of the CSEM and the BSEM technique in modeling with firm sustainability performance index on food manufacturing factories in Taiwan, China, and Malaysia
Summary
Schaltegger and Gualandris [1] believed that firm sustainability performance is a multi-dimensional concept which is not directly measurable and requires a set of indicators to be assessed. Literature on sustainability management studies have been highlighted that knowledge management [2,3,4], business strategy [5,6], and organizational learning [7,8] are considered as vital indicators of firm sustainability performance improvement. Many scholars conducted research to recognize the linkage among knowledge management, organizational learning, and firm sustainability performance [13,14,15,16]. We found few studies discussing the practical relationship among knowledge management, business strategy, organizational learning, and firm sustainability performance index [17].
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