Abstract
The purpose of this research is to examine the association between strategic environmental management, i.e. environmental strategic focus, shared vision and financial performance in manufacturing companies. Data were collected from 124 Malaysian manufacturers with ISO 14001 EMS certification. Structural equation modelling analysis was carried out using SEM-PLS software Version 3.2.7. The findings indicated that environmental strategic focus had contributed positively to environmental performance. Likewise, environmental performance also affected the companies’ financial performance positively. On the contrary, environmental shared vision showed no effect on environmental performance. The results empirically endorsed the role of environmental strategic focus as the driver in improving environmental performance, and the role of environmental performance in driving superior financial performance. On the contrary, the study could not validate environmental shared vision as a driver of performance.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.