Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2021.2015612
Corporate social responsibility and environmental sustainability: achieving firms sustainable performance supported by plant capability
Huayi Li
Yen Ku Kuo
Muhammad Masood Mir
Mohammad Omar
Sažetak
In the contemporary industrial setting, corporations face direct
and indirect pressures from multiple intrinsic and extrinsic environmental constituents, including competitive entities and resource
limitations, hindering their continuity and sustainability. Against
this backdrop, Corporate social responsibility (CSR) is an industrial
dynamic that enables firms to address the pressures imposed by
these environmental constituents. Therefore, this study examines
the impact of CSR on firm’s sustainable performance conditioned
at different plant sizes. In doing so, the data was collected using a
survey instrument comprising close-ended items with five-point
likert scales on each item for measuring managerial perceptions
from manufacturing industries. Through non-probabilistic sampling, a sample of 399 responses from middle to top-level management was collected. Smart PLS was utilized to analyze the data
for validating the hypothesized relationships between the latent
constructs. To enhance the reliability of the tests used for the analysis, bootstrapping was used to iterate the sample size and refine
significance levels. Overall findings indicate that environmental
sustainable development is essential to explain the relationship
between ‘CSR for consumer’ and ‘Firm sustainable performance’.
The relationship between ‘CSR to employees’ and ‘Firm sustainable
performance’ is significant both with and without the explanatory
role of sustainable environmental performance. The link between
CSR to community and firm sustainable performance is not being
explained by environmental sustainable development. These
results offer valuable policy recommendations.
Ključne riječi
CSR; environmental sustainability; firms performance; sustainability
Hrčak ID:
302716
URI
Datum izdavanja:
31.3.2023.
Posjeta: 1.356 *