IDEAS home Printed from https://ideas.repec.org/a/aes/amfeco/v24y2022i59p46.html
   My bibliography  Save this article

Sustainable Transformation of Romanian Companies through Industry 4.0, Green Production and Environment Commitment

Author

Listed:
  • Georgeta-Madalina Meghisan-Toma

    (Bucharest University of Economic Studies, Romania)

  • Silvia Puiu

    (University of Craiova, Romania)

  • Nicoleta Florea

    (University of Craiova, Romania)

  • Flaviu Meghisan

    (University of Pite?ti. Romania)

  • Roxana Badircea

    (University of Craiova, Romania)

  • Alina Manta

    (University of Craiova, Romania)

Abstract

The main aim of this research article is to develop an econometric model in order to establish the influence of green performance on digitization, green production and environment commitment. The data was collected through a questionnaire- based survey on companies’ representatives. The analysis was made using the Partial Least Square ? Structural Equation Modelling (PLS-SEM) with the statistical software SmartPLS. The results of the research confirm the three hypotheses. Thus, green performance of Romanian companies has a positive impact on green production, digitization and environment commitment. The novelty consists in the interconnected analysis of the four variables (green performance, digitization, green production and environment commitment), the research highlighting valuable results that can be used by the companies to improve their green performance, using green production and digitization. The paper offers a picture of the sustainable transformation of Romanian companies based on the industry 4.0, green production and environment commitment, highlighting the interdependence of the analysed variables. The research is helpful for companies that want to be more responsible towards the environment and the community.

Suggested Citation

  • Georgeta-Madalina Meghisan-Toma & Silvia Puiu & Nicoleta Florea & Flaviu Meghisan & Roxana Badircea & Alina Manta, 2022. "Sustainable Transformation of Romanian Companies through Industry 4.0, Green Production and Environment Commitment," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(59), pages 1-46.
    • Handle: RePEc:aes:amfeco:v:24:y:2022:i:59:p:46
    as

    Download full text from publisher

    File URL: http://www.amfiteatrueconomic.ro/temp/Article_3063.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marie‐Josée Roy & François Thérin, 2008. "Knowledge acquisition and environmental commitment in SMEs," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 15(5), pages 249-259, September.
    2. Marcus Wagner & Stefan Schaltegger, 2004. "The Effect of Corporate Environmental Strategy Choice and Environmental Performance on Competitiveness and Economic Performance," Post-Print hal-00279008, HAL.
    3. Eric Neumayer, 2002. "Do Democracies Exhibit Stronger International Environmental Commitment? A Cross-country Analysis," Journal of Peace Research, Peace Research Institute Oslo, vol. 39(2), pages 139-164, March.
    4. Xiaoxia Chen & Mélanie Despeisse & Björn Johansson, 2020. "Environmental Sustainability of Digitalization in Manufacturing: A Review," Sustainability, MDPI, vol. 12(24), pages 1-31, December.
    5. Wagner, Marcus & Schaltegger, Stefan, 2004. "The Effect of Corporate Environmental Strategy Choice and Environmental Performance on Competitiveness and Economic Performance:: An Empirical Study of EU Manufacturing," European Management Journal, Elsevier, vol. 22(5), pages 557-572, October.
    6. Diána Esses & Mária Szalmáné Csete & Bálint Németh, 2021. "Sustainability and Digital Transformation in the Visegrad Group of Central European Countries," Sustainability, MDPI, vol. 13(11), pages 1-14, May.
    7. Nicoleta Mihaela Florea & Georgeta Madalina Meghisan & Cristina Nistor, 2016. "Multiple Linear Regression Equation for Economic Dimension of Standard of Living," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(18), pages 103-108, November.
    8. Li, Ying & Dai, Jing & Cui, Li, 2020. "The impact of digital technologies on economic and environmental performance in the context of industry 4.0: A moderated mediation model," International Journal of Production Economics, Elsevier, vol. 229(C).
    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. Gabriela Badareu & Nicoleta Mihaela Doran & Silvia Puiu & Roxana Maria Bădîrcea & Alina Georgiana Manta, 2023. "Is the Relationship between Corporate Social Responsibility, Environment and Energy Sufficiently Debated Nowadays?," Energies, MDPI, vol. 16(8), pages 1-17, 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. Jaroslava Hyršlová & Pavel Tomšík & Lucie Vnoučková, 2017. "Relation between Sustainability-Related Communication and Competitiveness in the Chemical Industry," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 65(1), pages 283-292.
    2. Muhammad Tariq & Muhammad Yasir & Abdul Majid, 2020. "Promoting employees' environmental performance in hospitality industry through environmental attitude and ecological behavior: Moderating role of managers' environmental commitment," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 3006-3017, November.
    3. Shreekant Gupta & Bishwanath Goldar & Shubham Dang, 2019. "Environmental Performance And Capital Markets--Evidence From India," Working papers 303, Centre for Development Economics, Delhi School of Economics.
    4. Shunbin Zhong & Huafu Shen & Ziheng Niu & Yang Yu & Lin Pan & Yaojun Fan & Atif Jahanger, 2022. "Moving towards Environmental Sustainability: Can Digital Economy Reduce Environmental Degradation in China?," IJERPH, MDPI, vol. 19(23), pages 1-23, November.
    5. Jui-Kuei Chen & I-Shuo Chen, 2012. "An Inno-Qual performance system for higher education," Scientometrics, Springer;Akadémiai Kiadó, vol. 93(3), pages 1119-1149, December.
    6. Sajid Rahman Khattak & Imran Saeed & Bilal Tariq, 2018. "Corporate Sustainability Practices and Organizational Economic Performance," Global Social Sciences Review, Humanity Only, vol. 3(4), pages 343-355, December.
    7. Christoph Trumpp & Thomas Guenther, 2017. "Too Little or too much? Exploring U‐shaped Relationships between Corporate Environmental Performance and Corporate Financial Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 26(1), pages 49-68, January.
    8. Kittisak Jermsittiparsert & Sudawan Somjai & Sriparinya Toopgajank, 2020. "Factors Affecting Firm s Energy Efficiency and Environmental Performance: The Role of Environmental Management Accounting, Green Innovation and Environmental Proactivity," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 325-331.
    9. Adolfo Carballo‐Penela & Juan Luis Castromán‐Diz, 2015. "Environmental Policies for Sustainable Development: An Analysis of the Drivers of Proactive Environmental Strategies in the Service Sector," Business Strategy and the Environment, Wiley Blackwell, vol. 24(8), pages 802-818, December.
    10. Ines Karra, 2021. "Resources and green strategic intent: towards improving the competitiveness of Tunisian industrial companies," SN Business & Economics, Springer, vol. 1(4), pages 1-25, April.
    11. Baoshan Ge & Dake Jiang & Yang Gao & Sang-Bing Tsai, 2016. "The Influence of Legitimacy on a Proactive Green Orientation and Green Performance: A Study Based on Transitional Economy Scenarios in China," Sustainability, MDPI, vol. 8(12), pages 1-20, December.
    12. Yang, Chung-Shan & Lu, Chin-Shan & Haider, Jane Jing & Marlow, Peter Bernard, 2013. "The effect of green supply chain management on green performance and firm competitiveness in the context of container shipping in Taiwan," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 55(C), pages 55-73.
    13. Laguir, Issam & Stekelorum, Rébecca & El Baz, Jamal, 2021. "Proactive environmental strategy and performances of third party logistics providers (TPLs): Investigating the role of eco-control systems," International Journal of Production Economics, Elsevier, vol. 240(C).
    14. Taih-Cherng Lirn & Hsiao-Wen Lin & Kuo-Chung Shang, 2014. "Green shipping management capability and firm performance in the container shipping industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 41(2), pages 159-175, March.
    15. Junkai He & Feng Chu & Feifeng Zheng & Ming Liu, 2021. "A green-oriented bi-objective disassembly line balancing problem with stochastic task processing times," Annals of Operations Research, Springer, vol. 296(1), pages 71-93, January.
    16. Xinpeng Xing & Tiansen Liu & Jianhua Wang & Lin Shen & Yue Zhu, 2019. "Environmental Regulation, Environmental Commitment, Sustainability Exploration/Exploitation Innovation, and Firm Sustainable Development," Sustainability, MDPI, vol. 11(21), pages 1-20, October.
    17. Lara Makowski & Qi Wu & Michiyuki Yagi & Katsuhiko Kokubu, 2015. "Does corporate environmental performance change through environmental policies between pre and post 2011? Evidence from firm-level data in Germany and Japan," Discussion Papers 2015-24, Kobe University, Graduate School of Business Administration.
    18. Samer Ajour El Zein & Carolina Consolacion-Segura & Ruben Huertas-Garcia, 2019. "The Role of Sustainability in Brand Equity Value in the Financial Sector," Sustainability, MDPI, vol. 12(1), pages 1-19, December.
    19. Ozusaglam, Serdal & Kesidou, Effie & Wong, Chee Yew, 2018. "Performance effects of complementarity between environmental management systems and environmental technologies," International Journal of Production Economics, Elsevier, vol. 197(C), pages 112-122.
    20. Zhu, Bangzhu & Xu, Chenxin & Wang, Ping & Zhang, Lin, 2022. "How does internal carbon pricing affect corporate environmental performance?," Journal of Business Research, Elsevier, vol. 145(C), pages 65-77.

    More about this item

    Keywords

    digitization; industry 4.0.; sustainability; environment commitment; green performance; green production.;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    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:aes:amfeco:v:24:y:2022:i:59:p:46. 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: Valentin Dumitru (email available below). General contact details of provider: https://edirc.repec.org/data/aseeero.html .

    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.