Corporate culture, environmental innovation and financial performance

被引：99

作者：

Liao, Zhongju ^{[1
]}

机构：

[1] Zhejiang Sci Tech Univ, Sch Econ & Management, Hangzhou 310018, Zhejiang, Peoples R China

来源：

BUSINESS STRATEGY AND THE ENVIRONMENT | 2018年 / 27卷 / 08期

基金：

中国国家自然科学基金;

关键词：

corporate culture; environmental innovation; financial performance; market culture; GREEN INNOVATION; COMPETITIVE ADVANTAGE; EMPIRICAL-EVIDENCE; FIRM PERFORMANCE; ECO-INNOVATION; MANAGEMENT; ORIENTATION; DRIVERS;

D O I：

10.1002/bse.2186

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Based on the logic of culture-behaviour performance, this study constructs a theoretical model to examine the effect of four types of corporate culture (clan, adhocracy, hierarchy and market) on the three dimensions of a firm's environmental innovation (eco-organizational, eco-process and eco-product) and whether environmental innovation affects a firm's financial performance. Three hundred and sixty-six firms in the manufacturing and service industries are selected as a valid research sample, and a structural equation model is used for empirical analysis. The results show that adhocracy and market cultures are positively related to a firm's eco-organizational, eco-process and eco-product innovation; clan culture has a positive effect, and hierarchy culture a negative effect, on eco-organizational innovation; and the three dimensions of environmental innovation all promote a firm's financial performance. Based on these conclusions, this study discusses managerial implications and suggests future research directions.

引用

页码：1368 / 1375

页数：8

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