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Corporate sustainability performance improvement using an interrelationship hierarchical model approach

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  • Ming‐Lang Tseng
  • Ming K. Lim
  • Kuo‐Jui Wu

Abstract

This study: (i) contributes to screening less important corporate sustainability attributes, (ii) proposes an interrelationship and hierarchical model based on the focal firm in the electronic industry's approach, and (iii) compares the performance and importance levels to identify performance improvement attributes. Prior studies neglected performance improvement with interrelationships and hierarchical structure analytical models built on multi‐attributes. Hence, this study proposes to integrate exploratory factor analysis to eliminate less important attributes, adopts a fuzzy synthetic method to address the hierarchical model, and the fuzzy synthetic and the decision‐making trial and evaluation laboratory methods to trace the attributes' importance and performance levels. The importance and performance level discrepancies indicated improvement. The social image, corporate culture and stakeholder management led to economic activities. The results indicate that top management support and manager attitude and behaviour are the drivers of corporate sustainability performance improvement.

Suggested Citation

  • Ming‐Lang Tseng & Ming K. Lim & Kuo‐Jui Wu, 2018. "Corporate sustainability performance improvement using an interrelationship hierarchical model approach," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1334-1346, December.
  • Handle: RePEc:bla:bstrat:v:27:y:2018:i:8:p:1334-1346
    DOI: 10.1002/bse.2182
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    References listed on IDEAS

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    9. AGÂRBICEANU Simona Marcela & PĂUN Tatiana, 2021. "The Need For A Paradigm Shift In Finance: Sustainable Corporate Finance," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 13(1), pages 33-38, June.
    10. Xiaobo Wang & Xueru Zhao & Caixia Zhang, 2021. "An Attribute-Based Evaluation Framework for Sustainable Scientific Instruments Platforms," Sustainability, MDPI, vol. 13(21), pages 1-23, October.
    11. Sangita Choudhary & Anil Kumar & Sunil Luthra & Jose Arturo Garza‐Reyes & Simon Peter Nadeem, 2020. "The adoption of environmentally sustainable supply chain management: Measuring the relative effectiveness of hard dimensions," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3104-3122, December.
    12. Sebastian Emanuel Stan & Camelia Oprean-Stan & Aurel Mihail Țîțu, 2020. "Digitalization - Sustainable Development Convergence: Metrics And Effects In Romania," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 12(1), pages 1-9, June.
    13. Sadia Samar Ali & Rajbir Kaur & Shahbaz Khan, 2023. "Evaluating sustainability initiatives in warehouse for measuring sustainability performance: an emerging economy perspective," Annals of Operations Research, Springer, vol. 324(1), pages 461-500, May.
    14. Faruk Bhuiyan & Tarek Rana & Kevin Baird & Rahat Munir, 2023. "Strategic outcome of competitive advantage from corporate sustainability practices: Institutional theory perspective from an emerging economy," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4217-4243, November.
    15. Fabien Martinez & Ken Peattie & Diego Vazquez‐brust & Diego Vazquez-Brust, 2019. "Beyond win–win: A syncretic theory on corporate stakeholder engagement in sustainable development," Post-Print hal-02887685, HAL.
    16. Jian Xu & Binghan Wang, 2019. "Intellectual Capital Performance of the Textile Industry in Emerging Markets: A Comparison with China and South Korea," Sustainability, MDPI, vol. 11(8), pages 1-16, April.

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