IDEAS home Printed from https://ideas.repec.org/a/wly/sustdv/v32y2024i4p3226-3247.html
   My bibliography  Save this article

Unleashing the power of green culture: Exploring the path to sustainable development performance in enterprises

Author

Listed:
  • Fuping Bai
  • Yujie Huang
  • Qi Zhang
  • Mengting Shang

Abstract

How does green culture unleash the power of informal institutions to promote the low‐carbon transformation of production methods and achieve sustainable economic development? Limited literature examines this from the perspective of corporate culture. This study employs a comprehensive evaluation method to effectively identify “green”‐oriented corporate culture and selects Chinese A‐share listed companies from 2011 to 2021 as the research sample to systematically investigate the impact of green culture on sustainable development performance (SDP) and its mechanisms. The research findings indicate that: (1) Green culture can enhance both financial performance and Environmental and Social Responsibility (E&S) performance of companies, thereby improving their SDP. (2) Mechanism analysis reveals that green culture effectively enhances SDP through the promotion of green transformation, including green technological transformation and green managerial transformation. (3) Heterogeneous analysis reveals that CEO's green experiences and higher social responsibility pressure act as boundary factors that strengthen the relationship between green culture and SDP. This study enriches the theoretical research scope of green culture and provides empirical insights and guidance for promoting sustainable development practices in companies.

Suggested Citation

  • Fuping Bai & Yujie Huang & Qi Zhang & Mengting Shang, 2024. "Unleashing the power of green culture: Exploring the path to sustainable development performance in enterprises," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(4), pages 3226-3247, August.
    • Handle: RePEc:wly:sustdv:v:32:y:2024:i:4:p:3226-3247
    DOI: 10.1002/sd.2831
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/sd.2831
    Download Restriction: no
    File URL: https://libkey.io/10.1002/sd.2831?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
    ---><---

    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:sustdv:v:32:y:2024:i:4:p:3226-3247. 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.

    We have no bibliographic references for this item. You can help adding them by using 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)1099-1719 .

    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.