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Stakeholder integration, environmental sustainability orientation, and financial performance
Danso, A. Adomako, Samuel Lartey, T. Amankwah-Amoah, J. Owusu-Yirenkyi, D.
Danso, A.
Adomako, Samuel
Lartey, T.
Amankwah-Amoah, J.
Owusu-Yirenkyi, D.
Publication Date
2020-10
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© 2019 Elsevier. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.
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Yes
Open Access status
openAccess
Accepted for publication
16/02/2019
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Abstract
Despite the growing research on the influence of stakeholder integration on organizational outcomes, our understanding of the specific firm-level conditions that may mediate the relationship between stakeholder integration and financial performance is lacking. Using primary data gathered from 233 small and medium-sized enterprises in Ghana, we found empirical support for our contention that the link between stakeholder integration and financial performance is mediated by a firm’s environmental sustainability orientation. In addition, our study demonstrated that competitive intensity moderates the indirect relationship between stakeholder integration and financial performance in such a way that the indirect effect through environmental sustainability orientation is stronger for higher levels of industry competition. We discuss theoretical and managerial implications of these findings.
Version
Accepted manuscript
Citation
Danso A, Adomako S, Lartey T et al (2020) Stakeholder integration, environmental sustainability orientation, and financial performance. Journal of Business Research. 119: 652-662.
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Article