Impact of green absorptive capacity on corporate sustainability: a model for sustainable development
Main Article Content
Keywords
Green absorptive capacity, environmental integrity, economic prosperity, sustainable development, social equity
Abstract
All sectors of society have faced numerous economic, social, technological, competitive, and environmental changes in a dynamic and changing marketplace. The purpose of the study is to examine the relationship of the green absorptive capacity on the environmental integrity, economic prosperity, and social equity of sustainable development in the industrial context in Mexico. The research method was a quantitative cross-sectional design, with a sample size of 108, and the data analysis used PLS-SEM. The results showed a strong and significant relationship between green absorptive capacity with environmental integrity, economic prosperity, and social equity. The results of this research support to argue how to promote sustainable development, based on the pillars of Resource-Based Theory. This study fills a research gap, and provides new theoretical arguments. The world of business is increasingly challenging and dynamic, so the results could also help to solve practical problems.
KEYWORDS
Green absorptive capacity, sustainable development, environmental integrity, economic prosperity, social equity.
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References
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Cohen, W.M., & Levinthal, D.A (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative Science Quarterly, 35: 128-152.
Creswell, J.W., & Creswell, D. (2018). Research Design: Qualitative: Quantitative and Mixed Methods Approaches. California: SAGE
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Droste, N., Hansjürgens, B., Kuikman, P., Otter, N., Antikainen, R., & Leskinen, P., Thomsen, M. (2016). Steering innovations towards a green economy: Understanding government intervention. Journal of Cleaner Production, 135, 426–434.
Gefen, D., Rigdon, E.E., & Straub, D. (2011). An update and extension to SEM guidelines for Administrative and Social Science research. MIS Quarterly, 35 (2): iii–xiv.
Gomez-Trujillo, A. M., Velez-Ocampo, J., Castrillon-Orrego, S. A., Alvarez-Vanegas, A., & Manotas, E. C. (2021). Patrones de producción y consumo responsable: La carrera por el logro de los Objetivos de Desarrollo Sostenible (ODS) en mercados emergentes. AD-Minister, (38), 93–120. https://doi.org/10.17230/Ad-minister.38.4
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Grant, R. M. (1991). The resource-based theory of competitive advantage: implications for strategy formulation. California Management Review, 33(3), 114–135.
Grant, R. M. (1996). Toward a knowledge-based theory of the firm. Strategic Management Journal, 17(S2), 109–122.
Hart, S. L. (1995). A Natural Resource‐Vased View of the firm. Academy of Management Review, 20(4), 986–1014
Hair, J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2022). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM) (3e). Thousand Oaks, CA: Sage.
Hair, J. F., Ringle, C.M., & Sarsted, M. (2011). PLS-SEM: Indeed a silver bullet. Journal of Marketing Theory and Practice, 19, 139-151.
Henseler, J., Ringle, C.M., & Sinkovics, R. R. (2009). The use of partial least squares path modeing in international marketing. Advance in International Marketing, 20, 2077-320.
Henseler, J., Dijkstra, T.K, Sarsted, M., Ringle, C., Diamantopouslos, A., Straub, D.W., Ketchen, D.J., Hair, F., Hultl, M., & Calantone, J. (2014). Common Beliefs and Reality About PLS: Comments on Ro¨nkko¨ and Evermann. Organizational Research Methods, 17(2), 182-209. DOI: 10.1177/1094428114526928
Henseler, J., Ringle, C., & Sarsted, M. (2015). A New Criterion for Assessing Discriminant Validity in Variance-based Structural Equation Modeling. J. of the Acad. Mark. Sci, 43,115–135 DOI 10.1007/s11747-014-0403-8
Henseler, J., G. Hubona, & P. A. Ray. (2016). Using PLS Path Modeling in New Technology Research: Updated Guidelines. Industrial Management & Data Systems, 116 (1), 2–20.
Hu, L., Bentler, P., & Kano, Y. (1992). Can test statistics in covariance structure analysis be trusted? Psychol. Bull. ,112 (2), 351–362.
Hussinki, H., Ritala, P., Vanhala, M., & Kianto, A.C. (2017). Intellectual capital, knowledge management practices and firm performance. Journal of Intellectual Capital 18(4), 904-922. DOI: 10.1108/JIC-11-2016-0116
Jamali, D., Lund-Thomsen, P., & Jeppesen, S. (2015). SMEs and CSR in Developing Countries. Business and Society, 56 (1), 1–12. doi:10.1177/0007650315571258.
Jamal, T., Zahid, M., Martins, J.M., Mata, M.N., Rahman, H.U., & Mata, P.N. (2021). Perceived Green Human Resource Management Practices and Corporate Sustainability: Multigroup Analysis and Major Industries Perspectives. Sustainability, 13, 3045. https:// doi.org/10.3390/su13063045
Jaimes-Valdez, M. Ángel, Jacobo Hernández, C. A., & Ochoa-Jiménez, S. (2022). Sustentabilidad y mecanismos de gobernanza corporativa en la producción de carne de res en México. AD-Minister, (41), 7–34. https://doi.org/10.17230/Ad-minister.41.1
Kawesittisankhun, K., & Pongpeng, J. (2020). Social Sustainability: Satisfying Owners and Communities by Multilevel Strategies of Contractors. Sustainability, 12, 1.18. doi:10.3390/su12052131
Lo, S.-F., (2010). Performance Evaluation for Sustainable Business: A Profitability and Marketability Framework. Corporate Social Responsibility and Environmental Management, 17, 311–319. doi:10.1002/csr.214
Lozano, R. (2008). Envisioning sustainability three-dimensionally. Cleaner Production, 16(17), 1838.1846. https://doi.org/10.1016/j.jclepro.2008.02.008
Namdarian, L., Sajedinejad, A., Bahanesteh, S. (2020). The Impact of Knowledge Management on Organizational Performance: A Structural Equation Modeling Study. AD-Minister, (37), 85-108. DOI: https://doi.org/10.17230/Ad-minister.37.4
Mativenga, P.T., Awa-Ejon, J., Mbohwa, C., & Shuaib, N.A. (2017). Circular Economy Ownership Models: A view from South Africa Industry. Procedia Manufacturing, 8, 284-291. https://doi.org/10.1016/j.promfg.2017.02.036
Mohieldin, M., & Shehata, M. (2021). Los ODS como marco operativo para la respuesta y recuperación post COVID-19. AD-Minister, (38), 5–39. https://doi.org/10.17230/Ad-minister.38.1
Müller, J.M., Buliga, O., & Voigt, K-I. (2021). The role of absorptive capacity and innovation strategy in the design of industry 4.0 business Models - A comparison between SMEs and large enterprises. European Management Journal, 39(3), 333-343. https://doi.org/10.1016/j.emj.2020.01.002
Nonaka, I. 1994. A Dynamic Theory of Organizational Knowledge Creation. Organization Science, 5 (1), 14–37. doi:10.1287/orsc.5.1.14.
Ooi, K. B. (2014). TQM: A Facilitator to Enhance Knowledge Management? A structural snalysis. Expert Systems with Applications, 41 (11), 5167–5179. doi:10.1016/j.eswa.2014. 03.013.
Pacheco, L. M., Alves, M. F. R., & Liboni, L. B. (2018). Green absorptive capacity: A mediation-moderation model of knowledge for innovation. Business Strategy and the Environment, 31(3), 1502-1513. doi:10.1002/bse.2208
Patterson, W., & Ambrosini, V. (2015). Configuring absorptive capacity as a key process for research intensive firms. Technovation, 36, 77-89. https://doi.org/10.1016/j.technovation.2014.10.003
Peng, J., Li‐Hua, R., & Moffett, S. (2007). Trend of knowledge management in China: challenges and opportunities. Journal of Technology Management in China, 2(3), 198–211. doi:10.1108/17468770710825142
Rabeea, O., Nassar, I.A., & Khalid, M. (2019). Knowledge management processes and sustainable competitive advantage: An empirical examination in private universities. Journal of Business Research, 94, 320-334. https://doi.org/10.1016/j.jbusres.2018.02.013
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Dec 31, 2023
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Martinez, M., Valdés Medina, F. E., & Jaramillo Benhumea, E. . (2023). Impact of green absorptive capacity on corporate sustainability: a model for sustainable development. AD-Minister, (43), 5–24. https://doi.org/10.17230/Ad-minister.43.1
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Author Biographies
Minerva Martinez, Universidad Autónoma del Estado de México
Doctor from the Faculty of Accounting and Administration, Autonomous University of the State of Mexico, Mexico. Email: mmartineza@uaemex.mx ORCID: https://orcid.org/0000-0002-0921-019X
Filiberto E. Valdés Medina, Universidad Autónoma del Estado de México
Dr. in C. A. Autonomous University of the State of Mexico. https://orcid.org/0000-0003-1424-1465 filivalmed@gmail.com
Efraín Jaramillo Benhumea
M. in C. Autonomous University of the State of Mexico. https://orcid.org/0000-0003-3188-4892 ejaramillob@uaemex.mx
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