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Absorptive capacity and value in the banking industry: A multiple mediation model

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  • Cepeda-Carrion, Ignacio
  • Leal-Millán, Antonio G.
  • Martelo-Landroguez, Silvia
  • Leal-Rodriguez, Antonio L.

Abstract

Firms continually look new ways to get the best results. This study focuses on the relationship between absorptive capacity (ACAP) and value, proposing a multiple mediation model to analyze this relationship. The study's contribution to the literature is to examine empirically, and in greater depth the antecedents and determinants of this variable. Thus, the research fills a gap in the literature through the analysis of the mediating role of knowledge stock (KS) and knowledge application (KA). This study applies variance-based structural equation modeling via partial least squares to a sample of 151 branch office managers from the Spanish banking industry. The results show that both the direct effect and indirect effect, through the mediation of KS and KA, are significant in the relationship between ACAP and value.

Suggested Citation

  • Cepeda-Carrion, Ignacio & Leal-Millán, Antonio G. & Martelo-Landroguez, Silvia & Leal-Rodriguez, Antonio L., 2016. "Absorptive capacity and value in the banking industry: A multiple mediation model," Journal of Business Research, Elsevier, vol. 69(5), pages 1644-1650.
    • Handle: RePEc:eee:jbrese:v:69:y:2016:i:5:p:1644-1650
    DOI: 10.1016/j.jbusres.2015.10.032
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    2. Chan, Haksin & Yang, Morgan X. & Zeng, Kevin J., 2022. "Bolstering ratings and reviews systems on multi-sided platforms: A co-creation perspective," Journal of Business Research, Elsevier, vol. 139(C), pages 208-217.
    3. Ronald Eastburn, 2018. "Realising Value from Absorptive Capacity," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-26, March.
    4. Jung-Chieh Lee & Wen-Chin Hsu & Chung-Yang Chen, 0. "Impact of absorptive capability on software process improvement and firm performance," Information Technology and Management, Springer, vol. 0, pages 1-15.
    5. Jung-Chieh Lee & Wen-Chin Hsu & Chung-Yang Chen, 2018. "Impact of absorptive capability on software process improvement and firm performance," Information Technology and Management, Springer, vol. 19(1), pages 21-35, March.
    6. Silvia Martelo-Landroguez & Gema Albort-Morant & Antonio L. Leal-Rodríguez & Belén Ribeiro-Soriano, 2018. "The Effect of Absorptive Capacity on Green Customer Capital under an Organizational Unlearning Context," Sustainability, MDPI, vol. 10(1), pages 1-20, January.
    7. Nikiforou, Argyro Iro & Lioukas, Spyros & Voudouris, Irini, 2020. "Network structure and firm-level entrepreneurial behavior: The role of market and technological knowledge networks," Journal of Business Research, Elsevier, vol. 106(C), pages 129-138.
    8. 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.
    9. Zheng, Yi & Wu, Da, 2023. "The impact of opacity on bank valuation during the global financial crisis: A channel analysis," International Review of Financial Analysis, Elsevier, vol. 87(C).
    10. Dolores Gallardo-Vázquez & Luis Enrique Valdez-Juárez & Ángela María Castuera-Díaz, 2019. "Corporate Social Responsibility as an Antecedent of Innovation, Reputation, Performance, and Competitive Success: A Multiple Mediation Analysis," Sustainability, MDPI, vol. 11(20), pages 1-28, October.

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