IDEAS home Printed from https://ideas.repec.org/a/wly/corsem/v26y2019i2p408-415.html
   My bibliography  Save this article

The importance of official certifications in globalized companies' performance: An empirical approach to the shipbuilding industry

Author

Listed:
  • Lorena Para‐González
  • Carlos Mascaraque‐Ramírez

Abstract

Companies belonging to broadly globalized sectors are looking for keys and guidelines that will allow them to stand out from their competitors in order to win the contracts tendered on a global scale. The study conducted in this research has found the importance of following the principles of the standards of Environmental Management (EM; ISO 14001), Corporate Social Responsibility (CSR; ISO 26000), Quality Management (QM; ISO 9001), and Occupational Health and Safety Assessment Series (OSHAS 18001) in the shipbuilding industry and its relationship with firms' performance. This research proposes a new measurement index that evaluates the degree of certification of the industry over time regarding EM, CSR, QM, and Occupational Health, demonstrating a link between the evolution of companies' results (in terms of orderbooks, completions, and new orders) and the implantation of official certifications and their maturity (time elapsed since certification).

Suggested Citation

  • Lorena Para‐González & Carlos Mascaraque‐Ramírez, 2019. "The importance of official certifications in globalized companies' performance: An empirical approach to the shipbuilding industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(2), pages 408-415, March.
    • Handle: RePEc:wly:corsem:v:26:y:2019:i:2:p:408-415
    DOI: 10.1002/csr.1692
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/csr.1692
    Download Restriction: no
    File URL: https://libkey.io/10.1002/csr.1692?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. Remmer Sassen & Leyla Azizi, 2018. "Voluntary disclosure of sustainability reports by Canadian universities," Journal of Business Economics, Springer, vol. 88(1), pages 97-137, January.
    2. Waris Ali & Jedrzej George Frynas & Zeeshan Mahmood, 2017. "Determinants of Corporate Social Responsibility (CSR) Disclosure in Developed and Developing Countries: A Literature Review," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(4), pages 273-294, July.
    3. Michaela Balzarova & Pavel Castka, 2018. "Social responsibility: Experts’ viewpoints on adoption of the ISO 26000 standard," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 819-824, September.
    4. Takuya Takahashi & Masao Nakamura, 2010. "The impact of operational characteristics on firms' EMS decisions: strategic adoption of ISO 14001 certifications," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 17(4), pages 215-229, July.
    5. Luc Fransen & Brian Burgoon & Sijeong Lim & Aseem Prakash, 2017. "From Quality Control to Labor Protection: ISO 9001 and Workplace Safety, 1993–2012," Global Policy, London School of Economics and Political Science, vol. 8, pages 66-77, May.
    6. Gregorio Martín‐de Castro & Javier Amores‐Salvadó & José E. Navas‐López, 2016. "Environmental Management Systems and Firm Performance: Improving Firm Environmental Policy through Stakeholder Engagement," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 23(4), pages 243-256, July.
    7. Giovanna Michelon & Giacomo Boesso & Kamalesh Kumar, 2013. "Examining the Link between Strategic Corporate Social Responsibility and Company Performance: An Analysis of the Best Corporate Citizens," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 20(2), pages 81-94, March.
    8. Jasmine Siu Lee Lam & Eddy van de Voorde, 2011. "Scenario analysis for supply chain integration in container shipping," Maritime Policy & Management, Taylor & Francis Journals, vol. 38(7), pages 705-725, April.
    9. Pui-Sze Chow & Ailie K.Y. Tang & Amy C.Y. Yip, 2016. "Scale Development and Operationalization of Social Responsibility Constructs: An ISO 26000 Context," Business and Economic Research, Macrothink Institute, vol. 6(2), pages 156-175, December.
    10. Taehee Joe & Hangbae Chang, 2017. "A Study on User-Oriented and Intelligent Service Design in Sustainable Computing: A Case of Shipbuilding Industry Safety," Sustainability, MDPI, vol. 9(4), pages 1-19, April.
    11. Sang M. Lee & Yonghwi Noh & Donghyun Choi & Jin Sung Rha, 2017. "Environmental Policy Performances for Sustainable Development: From the Perspective of ISO 14001 Certification," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(2), pages 108-120, March.
    12. repec:bla:glopol:v:8:y:2017:i:s3:p:66-77 is not listed on IDEAS
    13. Pi‐Hui Ting & Hsien‐yu Yin, 2018. "How do corporate social responsibility activities affect performance? The role of excess control right," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(6), pages 1320-1331, November.
    Full references (including those not matched with items on IDEAS)

    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. Lorena Para‐González & Carlos Mascaraque‐Ramírez, 2020. "The six dimensions of CSR as a driver of key results in the shipbuilding industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 576-584, March.
    2. Lorena Para‐González & Carlos Mascaraque‐Ramírez & Clara Cubillas‐Para, 2020. "Maximizing performance through CSR: The mediator role of the CSR principles in the shipbuilding industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 2804-2815, November.
    3. Hammad Riaz & Abubakr Saeed, 2020. "Impact of environmental policy on firm's market performance: The case of ISO 14001," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 681-693, March.
    4. María Consuelo Pucheta‐Martínez & Isabel Gallego‐Álvarez, 2018. "Environmental reporting policy and corporate structures: An international analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 788-798, September.
    5. Mark Anthony Camilleri, 2022. "The rationale for ISO 14001 certification: A systematic review and a cost–benefit analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(4), pages 1067-1083, July.
    6. Kun Su, 2019. "Does religion benefit corporate social responsibility (CSR)? Evidence from China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1206-1221, November.
    7. Khine Kyaw & Mojisola Olugbode & Barbara Petracci, 2017. "The Role of the Institutional Framework in the Relationship between Earnings Management and Corporate Social Performance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(6), pages 543-554, November.
    8. Belén Payán‐Sánchez & José Antonio Plaza‐Úbeda & Miguel Pérez‐Valls & Eva Carmona‐Moreno, 2018. "Social Embeddedness for Sustainability in the Aviation Sector," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 537-553, July.
    9. Bilal Afsar & Basheer M. Al‐Ghazali & Zia Ur Rehman & Waheed Ali Umrani, 2020. "Retracted: The moderating effects of employee corporate social responsibility motive attributions (substantive and symbolic) between corporate social responsibility perceptions and voluntary pro‐envir," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 769-785, March.
    10. Sadaf Ehsan & Mian Sajid Nazir & Mohammad Nurunnabi & Qasim Raza Khan & Samya Tahir & Ishfaq Ahmed, 2018. "A Multimethod Approach to Assess and Measure Corporate Social Responsibility Disclosure and Practices in a Developing Economy," Sustainability, MDPI, vol. 10(8), pages 1-18, August.
    11. Halkos, George & Nomikos, Stylianos, 2021. "Corporate social responsibility: Trends in global reporting initiative standards," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 106-117.
    12. Wioleta Kucharska & Rafał Kowalczyk, 2019. "How to achieve sustainability?—Employee's point of view on company's culture and CSR practice," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(2), pages 453-467, March.
    13. Mei‐Jane Teng & Shih‐Ying Wu, 2018. "Sustainable Development and Competitive Advantages – Utilizing Matching to Overcome Sample Selection Bias," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 313-326, July.
    14. Massimiliano Cerciello & Francesco Busato & Simone Taddeo, 2023. "The effect of sustainable business practices on profitability. Accounting for strategic disclosure," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 802-819, March.
    15. Matthew Johnson & Friederike Redlbacher & Stefan Schaltegger, 2018. "Stakeholder Engagement for Corporate Sustainability: A Comparative Analysis of B2C and B2B Companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 659-673, July.
    16. Rafał Kowalczyk & Wioleta Kucharska, 2020. "Corporate social responsibility practices incomes and outcomes: Stakeholders' pressure, culture, employee commitment, corporate reputation, and brand performance. A Polish–German cross‐country study," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 595-615, March.
    17. Olivier Boiral & Iñaki Heras‐Saizarbitoria & Marie‐Christine Brotherton, 2018. "Corporate Biodiversity Management through Certifiable Standards," Business Strategy and the Environment, Wiley Blackwell, vol. 27(3), pages 389-402, March.
    18. María Consuelo Pucheta-Martínez & Isabel Gallego-Álvarez, 2021. "The Role of CEO Power on CSR Reporting: The Moderating Effect of Linking CEO Compensation to Shareholder Return," Sustainability, MDPI, vol. 13(6), pages 1-19, March.
    19. Jonathan Luffarelli & Panos Markou & Antonios Stamatogiannakis & Dilney Gonçalves, 2019. "The effect of corporate social performance on the financial performance of business‐to‐business and business‐to‐consumer firms," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1333-1350, November.
    20. Halkos, George & Nomikos, Stylianos, 2021. "Business concerns regarding environmental responsibility," MPRA Paper 105330, University Library of Munich, Germany.

    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:wly:corsem:v:26:y:2019:i:2:p:408-415. 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: https://doi.org/10.1002/(ISSN)1535-3966 .

    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.