Thumbnail Image
Publication

Environmental sustainability orientation, competitive strategy and financial performance

Danso, A.
; 
Adomako, Samuel
; 
Amankwah-Amoah, J.
; 
Owusu-Agyei, S.
; 
Konadu, R.
Publication Date
2019-07
End of Embargo
Supervisor
Keywords
Environmental sustainability orientation, Sustainability, Sustainable development, Competitive strategy, Stakeholder engagement, Financial performance, Sub-Saharan Africa, Ghana
Rights
© 2019 John Wiley & Sons, Ltd and ERP Environment. This is the peer reviewed version of the following article: Danso A, Adomako S, Amankwah-Amoah J et al (2019) Environmental sustainability orientation, competitive strategy and financial performance. Business Strategy and the Environment. 28(5): 885-895, which has been published in final form at https://doi.org/10.1002/bse.2291. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.
Peer-Reviewed
Yes
Open Access status
openAccess
Accepted for publication
27/01/2019
Institution
Department
Awarded
Embargo end date
Collections
Management and Law Publications
Show all metadata
Files
Thumbnail Image
Adomako_BSEJ.pdf
Adobe PDF, 545.75 KB
Additional title
Abstract
Extant research has established that environmental sustainability orientation (ESO) has a positive influence on performance outcomes. Nevertheless, several contingencies tend to affect the strength of this relationship. In this study, we draw on natural resource-based theory to introduce competitive strategies as moderators in the ESO-performance nexus. Using time-lagged data obtained from 269 firms in Ghana, this study finds that firms pursuing the differentiation strategy can positively boost performance outcomes with ESO than without differentiation strategy. We also find that firms can use the low-cost or the integrated strategy to get higher impact on performance with ESO respectively. Based on the results, firms in Ghana do not need differentiation strategy in order to boost the effect of ESO on financial performance. Theoretical and practical implications are discussed.
URI
http://hdl.handle.net/10454/16791
Version
Accepted manuscript
Citation
Danso A, Adomako S, Amankwah-Amoah J et al (2019) Environmental sustainability orientation, competitive strategy and financial performance. Business Strategy and the Environment. 28(5): 885-895.
Link to publisher’s version
Link to published version
Link to Version of Record
https://doi.org/10.1002/bse.2291
Type
Article
Qualification name
Notes