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Chief executive officers' sustainability orientation and firm environmental performance: Networking and resource contingencies

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  • Samuel Adomako
  • Joseph Amankwah‐Amoah
  • Albert Danso
  • George Obeng Dankwah

Abstract

Although the existing literature supports the relationship between chief executive officers' (CEOs') sustainability orientation (SO) and entrepreneurial behaviour, empirical studies exploring how SO drives firm environmental performance (FEP) are lacking. In addition, the potential moderating effects of firm‐level factors on this relationship are less understood. We contribute to filling this gap by examining the moderating effects of political connections and financial slack on the relationship between SO and FEP. Using data obtained from 297 small and medium‐sized enterprises (SMEs) in Ghana, our results reveal that SO is positively related to FEP. In addition, our results show that the effect of SO on FEP is negative when firms have stronger financial slack and when firms are highly politically connected.

Suggested Citation

  • Samuel Adomako & Joseph Amankwah‐Amoah & Albert Danso & George Obeng Dankwah, 2021. "Chief executive officers' sustainability orientation and firm environmental performance: Networking and resource contingencies," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 2184-2193, May.
    • Handle: RePEc:bla:bstrat:v:30:y:2021:i:4:p:2184-2193
    DOI: 10.1002/bse.2742
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    References listed on IDEAS

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    Cited by:

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    3. Mario Vaupel & David Bendig & Denise Fischer-Kreer & Malte Brettel, 2023. "The Role of Share Repurchases for Firms’ Social and Environmental Sustainability," Journal of Business Ethics, Springer, vol. 183(2), pages 401-428, March.
    4. Chunfeng Dong & Jun He & Longzheng Du & Jing Yang, 2023. "Executives with Environmental Experience and Corporate Environmental Performance: Evidence from China’s A-Share Listed Companies," Sustainability, MDPI, vol. 15(20), pages 1-22, October.
    5. Jörn H. Block & Pramodita Sharma & Lena Benz, 2024. "Stakeholder Pressures and Decarbonization Strategies in Mittelstand Firms," Journal of Business Ethics, Springer, vol. 193(3), pages 511-533, September.
    6. Simone Sehnem & Deivsson Souza Bispo & Jacinto Orlando João & Maria Aparecida Lima de Souza & Oscar Bertoglio & Rogério Ciotti & Simone Machado Deon, 2022. "Upscaling circular economy in foodtechs businesses in emergent countries: Towards sustainable development through natural resource based view," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1200-1221, October.
    7. Linghu, Jingying & Guo, Chengcheng, 2024. "Digital government: The new player in improving mining companies’ environmental performance?," Resources Policy, Elsevier, vol. 93(C).

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