IDEAS home Printed from https://ideas.repec.org/a/bla/bstrat/v27y2018i8p1334-1346.html
   My bibliography  Save this article

Corporate sustainability performance improvement using an interrelationship hierarchical model approach

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/bse.2182
    Download Restriction: no

    File URL: https://libkey.io/10.1002/bse.2182?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rodrigo Lozano, 2015. "A Holistic Perspective on Corporate Sustainability Drivers," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 22(1), pages 32-44, January.
    2. Székely, Francisco & Knirsch, Marianna, 2005. "Responsible Leadership and Corporate Social Responsibility:: Metrics for Sustainable Performance," European Management Journal, Elsevier, vol. 23(6), pages 628-647, December.
    3. Bernd Siebenhüner & Marlen Arnold, 2007. "Organizational learning to manage sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 16(5), pages 339-353, July.
    4. Gudiel Pineda, Pedro Jose & Liou, James J.H. & Hsu, Chao-Che & Chuang, Yen-Ching, 2018. "An integrated MCDM model for improving airline operational and financial performance," Journal of Air Transport Management, Elsevier, vol. 68(C), pages 103-117.
    5. Subhabrata Bobby Banerjee, 2001. "Managerial perceptions of corporate environmentalism: interpretations from industry and strategic implications for organizations," Journal of Management Studies, Wiley Blackwell, vol. 38(4), pages 489-513, June.
    6. Liu, Yang & Zhu, Qinghua & Seuring, Stefan, 2017. "Linking capabilities to green operations strategies: The moderating role of corporate environmental proactivity," International Journal of Production Economics, Elsevier, vol. 187(C), pages 182-195.
    7. Rocha, Robson Sø & Granerud, Lise, 2011. "The search for legitimacy and organizational change: The agency of subordinated actors," Scandinavian Journal of Management, Elsevier, vol. 27(3), pages 261-272, September.
    8. Nuttaneeya Torugsa & Wayne O’Donohue & Rob Hecker, 2013. "Proactive CSR: An Empirical Analysis of the Role of its Economic, Social and Environmental Dimensions on the Association between Capabilities and Performance," Journal of Business Ethics, Springer, vol. 115(2), pages 383-402, June.
    9. Lloret, Antonio, 2016. "Modeling corporate sustainability strategy," Journal of Business Research, Elsevier, vol. 69(2), pages 418-425.
    10. Alice Klettner & Thomas Clarke & Martijn Boersma, 2014. "The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy," Journal of Business Ethics, Springer, vol. 122(1), pages 145-165, June.
    11. Vildåsen, Sigurd Sagen & Keitsch, Martina & Fet, Annik Magerholm, 2017. "Clarifying the Epistemology of Corporate Sustainability," Ecological Economics, Elsevier, vol. 138(C), pages 40-46.
    12. Luis Perez-Batres & Jonathan Doh & Van Miller & Michael Pisani, 2012. "Stakeholder Pressures as Determinants of CSR Strategic Choice: Why do Firms Choose Symbolic Versus Substantive Self-Regulatory Codes of Conduct?," Journal of Business Ethics, Springer, vol. 110(2), pages 157-172, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mohsin Shahzad & Ying Qu & Abaid Ullah Zafar & Andrea Appolloni, 2021. "Does the interaction between the knowledge management process and sustainable development practices boost corporate green innovation?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 4206-4222, December.
    2. Tat-Dat Bui & Hania Aminah & Ching-Hsin Wang & Ming-Lang Tseng & Mohammad Iranmanesh & Ming K. Lim, 2022. "Developing a Food and Beverage Corporate Sustainability Performance Structure in Indonesia: Enhancing the Leadership Role and Tenet Value from an Ethical Perspective," Sustainability, MDPI, vol. 14(6), pages 1-24, March.
    3. Amir Hossein Azadnia & Simon Stephens & Pezhman Ghadimi & George Onofrei, 2022. "A comprehensive performance measurement framework for business incubation centres: Empirical evidence in an Irish context," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2437-2455, July.
    4. I Ketut Setia Sapta & I Nengah Sudja & I Nengah Landra & Ni Wayan Rustiarini, 2021. "Sustainability Performance of Organization: Mediating Role of Knowledge Management," Economies, MDPI, vol. 9(3), pages 1-16, June.
    5. Camelia Oprean-Stan & Sebastian Stan & Vasile Brătian, 2020. "Corporate Sustainability and Intangible Resources Binomial: New Proposal on Intangible Resources Recognition and Evaluation," Sustainability, MDPI, vol. 12(10), pages 1-23, May.
    6. 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.
    7. 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.
    8. Wu, Kuo-Jui & Tseng, Ming-Lang & Yang, Wen-Hua & Ali, Mohd Helmi & Chen, Xiaobo, 2023. "Re-shaping sustainable value chain model under post pandemic disruptions: A fast fashion supply chain analysis," International Journal of Production Economics, Elsevier, vol. 255(C).
    9. 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.
    10. 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.
    11. Zainorfarah Zainuddin & Mohammad Iranmanesh & Ming‐Lang Tseng & Behzad Foroughi & Tengku Adeline Adura Tengku Hamzah, 2021. "Clean development mechanism implementation: External and organizational factors drives expected business benefits," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 3444-3453, December.
    12. 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.
    13. 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.
    14. 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.
    15. Shuo Gao & Ming Kim Lim & Renlu Qiao & Chensi Shen & Chentao Li & Li Xia, 2022. "Identifying critical failure factors of green supply chain management in China’s SMEs with a hierarchical cause–effect model," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(4), pages 5641-5666, April.
    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tseng, Ming-Lang & Wu, Kuo-Jui & Ma, Li & Kuo, Tsai Chi & Sai, Fuyume, 2019. "A hierarchical framework for assessing corporate sustainability performance using a hybrid fuzzy synthetic method-DEMATEL," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 524-533.
    2. Thaís Vieira Nunhes & Merce Bernardo & Otávio José de Oliveira, 2020. "Rethinking the Way of Doing Business: A Reframe of Management Structures for Developing Corporate Sustainability," Sustainability, MDPI, vol. 12(3), pages 1-32, February.
    3. María Luisa Pajuelo Moreno & Teresa Duarte-Atoche, 2019. "Relationship between Sustainable Disclosure and Performance—An Extension of Ullmann’s Model," Sustainability, MDPI, vol. 11(16), pages 1-33, August.
    4. Prasanta Kumar Dey & Chrisovaladis Malesios & Debashree De & Pawan Budhwar & Soumyadeb Chowdhury & Walid Cheffi, 2020. "Circular economy to enhance sustainability of small and medium‐sized enterprises," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2145-2169, September.
    5. Clementino, Ester & Perkins, Richard, 2020. "How do companies respond to environmental, social and governance (ESG) ratings? Evidence from Italy," LSE Research Online Documents on Economics 103046, London School of Economics and Political Science, LSE Library.
    6. Giorgia Nigri & Mara Del Baldo & Armando Agulini, 2020. "Governance and accountability models in Italian certified benefit corporations," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(5), pages 2368-2380, September.
    7. Rodrigo Lozano, 2020. "Analysing the use of tools, initiatives, and approaches to promote sustainability in corporations," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 982-998, March.
    8. Mina Nasiri & Tero Rantala & Minna Saunila & Juhani Ukko & Hannu Rantanen, 2018. "Transition towards Sustainable Solutions: Product, Service, Technology, and Business Model," Sustainability, MDPI, vol. 10(2), pages 1-18, January.
    9. Gupta, Suraksha & Czinkota, Michael & Melewar, T.C., 2013. "Embedding knowledge and value of a brand into sustainability for differentiation," Journal of World Business, Elsevier, vol. 48(3), pages 287-296.
    10. Luis Enrique Valdez-Juárez & Dolores Gallardo-Vázquez & Elva Alicia Ramos-Escobar, 2019. "Organizational Learning and Corporate Social Responsibility Drivers of Performance in SMEs in Northwestern Mexico," Sustainability, MDPI, vol. 11(20), pages 1-23, October.
    11. Sayantan Khanra & Puneet Kaur & Rojers P Joseph & Ashish Malik & Amandeep Dhir, 2022. "A resource‐based view of green innovation as a strategic firm resource: Present status and future directions," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1395-1413, May.
    12. Lu Zheng & Konstantinos Iatridis, 2022. "Friends or foes? A systematic literature review and meta‐analysis of the relationship between eco‐innovation and firm performance," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1838-1855, May.
    13. Núria Bautista-Puig & Rodrigo Lozano & Maria Barreiro-Gen, 2023. "Developing a sustainability implementation framework: insights from academic research on tools, initiatives and approaches," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(10), pages 11011-11031, October.
    14. Natacha Klein & Tomás B. Ramos & Pauline Deutz, 2022. "Factors and strategies for circularity implementation in the public sector: An organisational change management approach for sustainability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(3), pages 509-523, May.
    15. Calabrese, Armando & Costa, Roberta & Levialdi, Nathan & Menichini, Tamara, 2019. "Integrating sustainability into strategic decision-making: A fuzzy AHP method for the selection of relevant sustainability issues," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 155-168.
    16. Syed Awais Ahmad Tipu, 2022. "Organizational change for environmental, social, and financial sustainability: A systematic literature review," Review of Managerial Science, Springer, vol. 16(6), pages 1697-1742, August.
    17. Schöll, Michaela, 2017. "Three Essays on Sustainable Supply Chain Management – Towards Sustainable Supplier Selection and Sustainable Sourcing," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 172463, September.
    18. Tracy Van Holt & Martin Delaroche & Ulrich Atz & Kevin Eckerle, 2021. "Financial benefits of reimagined, sustainable, agrifood supply networks," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 102-118, March.
    19. Kumar Verma Bhupendra & Shirish Sangle, 2017. "What Drives Successful Implementation of Product Stewardship Strategy? The Role of Absorptive Capability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(3), pages 186-198, May.
    20. Violeta Jovanović & Sunčica Stanković & Vesna Krstić, 2023. "Environmental, Social and Economic Sustainability in Mining Companies as a Result of the Interaction between Knowledge Management and Green Innovation—The SEM Approach," Sustainability, MDPI, vol. 15(16), pages 1-15, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:bstrat:v:27:y:2018:i:8:p:1334-1346. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.