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Sustainability and competitiveness in Mexico

Author

Listed:
  • Dennis J. Aigner
  • Antonio Lloret

Abstract

Purpose - – This paper summarizes the findings of a research project aimed at benchmarking the environmental sustainability practices of the top 500 Mexican companies. Design/methodology/approach - – The paper surveyed the firms with regard to various aspects of their adoption of environmental sustainability practices, including who or what prompted adoption, future adoption plans, decision-making responsibility, and internal/external challenges. The survey also explored how the adoption of environmental sustainability practices relates to the competitiveness of these firms. Findings - – The results suggest that Mexican companies are very active in the various areas of business where environmental sustainability is relevant. Not surprisingly, however, the Mexican companies are seen to be at an early stage of development along the sustainability “learning curve”. Research limitations/implications - – The sample consisted of 103 self-selected firms representing the six primary business sectors in the Mexican economy. Because the manufacturing sector is significantly overrepresented in the sample and because of its importance in addressing issues of environmental sustainability, when appropriate, specific results for this sector are reported and contrasted to the overall sample. Practical implications - – The vast majority of these firms see adopting environmental sustainability practices as being profitable and think this will be even more important in the future. Originality/value - – Improving the environmental performance of business firms through the adoption of sustainability practices is compatible with competitiveness and improved financial performance. In Mexico, one might expect that the same would be true, but only anecdotal evidence was heretofore available.

Suggested Citation

  • Dennis J. Aigner & Antonio Lloret, 2013. "Sustainability and competitiveness in Mexico," Management Research Review, Emerald Group Publishing Limited, vol. 36(12), pages 1252-1271, October.
  • Handle: RePEc:eme:mrrpps:v:36:y:2013:i:12:p:1252-1271
    DOI: 10.1108/MRR-06-2013-0138
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    Citations

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    Cited by:

    1. Miguel Angel Jaimes-Valdez & Carlos Armando Jacobo-Hernandez, 2016. "Sustainability and Corporate Governance: Theoretical Development and Perspectives," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 6(3), pages 44-56, September.
    2. Zia Ur Rehman & Muhammad Zahid & Haseeb Ur Rahman & Muhammad Asif & Majed Alharthi & Muhammad Irfan & Adam Glowacz, 2020. "Do Corporate Social Responsibility Disclosures Improve Financial Performance? A Perspective of the Islamic Banking Industry in Pakistan," Sustainability, MDPI, vol. 12(8), pages 1-18, April.
    3. Cecilia Martinez Villalobos & Roberto Gonzalez Acolt & Manuel Diaz Flores, 2018. "Influence Of The Environmental Dimension Of Corporate Social Responsibility On Innovation By Manufacturing Companies In Mexic Influencia De La Dimension Ambiental De La Responsabilidad Social Corporat," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 11(3), pages 57-67.
    4. Jacobo-Hernandez Carlos Armando & Jaimes-Valdez Miguel Ángel & Ochoa-Jiménez Sergio, 2021. "Benefits, challenges and opportunities of corporate sustainability," Management, Sciendo, vol. 25(1), pages 51-74, January.
    5. Lloret, Antonio, 2016. "Modeling corporate sustainability strategy," Journal of Business Research, Elsevier, vol. 69(2), pages 418-425.
    6. Vadim V. Krivorotov & Alexey V. Kalina & Zhanna S. Belyaeva & Sergey Ye Erypalov, 2016. "Optimisation model for industrial complex competitiveness: a path to sustainable innovation process," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 12(2/3), pages 254-269.
    7. Muhammad Zahid & Haseeb Ur Rahman & Musa Khan & Wajahat Ali & Fazaila Shad, 2020. "Addressing endogeneity by proposing novel instrumental variables in the nexus of sustainability reporting and firm financial performance: A step‐by‐step procedure for non‐experts," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3086-3103, December.
    8. Dennis J. Aigner & Luli Pesqueira, 2020. "The Effects of Organizational Traits on NGO–Business Engagement in Mexico," Sustainability, MDPI, vol. 12(23), pages 1-21, December.

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