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Values, environmental concern and economic concern as predictors of enterprise environmental responsiveness

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  • Vojko Potocan
  • Zlatko Nedelko
  • Valentina Peleckienė
  • Kęstutis Peleckis

Abstract

This article reports on examination of the relationships between manager’s personal values, their attitudes toward concern for environment, concern for economic results and enterprise environmental responsiveness. Schwartz’s list of values and statements about the environmental and economic concerns is used. We analyzed 1179 managers’ answers from Slovenian enterprises with structural equation modeling. Manager’s concern results: (a) for environment positively and significantly and (b) for economics negatively and insignificantly, in influence on enterprise environmental responsiveness. Two value dimensions significantly influence enterprise environmental responsiveness and one negatively. Environmental concern mediates the effect of three, and concern for economic results mediates the effect of two value dimensions on enterprise’s environmental responsiveness. Generalization can be limited due to the focus on one Central Europe country; future examination is needed. Findings are useful for the development of enterprises’ pro-environmental behavior and development of enterprise value system. A model of enterprise’s environmental responsiveness is developed.

Suggested Citation

  • Vojko Potocan & Zlatko Nedelko & Valentina Peleckienė & Kęstutis Peleckis, 2016. "Values, environmental concern and economic concern as predictors of enterprise environmental responsiveness," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 17(5), pages 685-700, September.
  • Handle: RePEc:taf:jbemgt:v:17:y:2016:i:5:p:685-700
    DOI: 10.3846/16111699.2016.1202315
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    Cited by:

    1. Črešnar Rok & Jevšenak Senta, 2019. "The Millennials’ Effect: How Can Their Personal Values Shape the Future Business Environment of Industry 4.0?," Naše gospodarstvo/Our economy, Sciendo, vol. 65(1), pages 57-65, March.
    2. Yogesh Bhatt & Karminder Ghuman, 2022. "Managerial cognition and environmental behavioral intentions: A behavioral reasoning theory perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1315-1329, September.
    3. Edyta Bombiak, 2020. "Barierrs to Implementing the Concept of Green Human Resource Management: The Case of Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 66-81.
    4. Yuan Wu & Jin Zhang & Shoulin Liu & Lianrui Ma, 2022. "Does Government-Led Publicity Enhance Corporate Green Behavior? Empirical Evidence from Green Xuanguan in China," Sustainability, MDPI, vol. 14(6), pages 1-32, March.
    5. Huseyin Arasli & Ahmet Nergiz & Mehmet Yesiltas & Tugrul Gunay, 2020. "Human Resource Management Practices and Service Provider Commitment of Green Hotel Service Providers: Mediating Role of Resilience and Work Engagement," Sustainability, MDPI, vol. 12(21), pages 1-22, November.
    6. Zlatko Nedelko & Vojko Potocan, 2021. "Sustainability of Organizations: The Contribution of Personal Values to Democratic Leadership Behavior Focused on the Sustainability of Organizations," Sustainability, MDPI, vol. 13(8), pages 1-20, April.
    7. Vojko Potocan, 2021. "Technology and Corporate Social Responsibility," Sustainability, MDPI, vol. 13(15), pages 1-16, August.
    8. Katarzyna Kolasińska-Morawska & Łukasz Sułkowski & Piotr Buła & Marta Brzozowska & Paweł Morawski, 2022. "Smart Logistics—Sustainable Technological Innovations in Customer Service at the Last-Mile Stage: The Polish Perspective," Energies, MDPI, vol. 15(17), pages 1-33, September.

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