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Environmental sustainability orientation and performance of family and nonfamily firms

Adomako, Samuel, Amankwah-Amoah, Joseph, Danso, Albert, Konadu, Renata, Owusu-Agyei, Samuel (2019) Environmental sustainability orientation and performance of family and nonfamily firms. Business Strategy and the Environment, 28 (6). pp. 1250-1259. ISSN 0964-4733. (doi:10.1002/bse.2314) (KAR id:72901)

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Official URL
https://doi.org/10.1002/bse.2314

Abstract

Despite the growing research evidence on the effect of environmental sustainability orientation (ESO) on firm outcomes, contingent factors that may influence the strength of this relationship have received little scholarly attention. In this study, we use insights from the literature on ESO and family business to introduce family status and firm age as moderators in the ESOperformance linkage. Using time-lagged data from 253 small and medium-sized enterprises (SMEs) in Ghana, we found the impact of ESO on firm performance is amplified for nonfamily firms but not significant for family firms. Our evidence suggests it is stronger among older firms than younger ones. Implications and directions for future research are discussed.

Item Type: Article
DOI/Identification number: 10.1002/bse.2314
Uncontrolled keywords: Environmental sustainability; sustainable development; family vs. nonfamily firms; Ghana; Africa; performance
Subjects: H Social Sciences
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Depositing User: Joseph Amankwah-Amoah
Date Deposited: 09 Mar 2019 09:29 UTC
Last Modified: 08 Oct 2021 15:55 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/72901 (The current URI for this page, for reference purposes)
Amankwah-Amoah, Joseph: https://orcid.org/0000-0003-0383-5831
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