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Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms

This study is aimed to investigate the relationship between environmental performance, environmental innovation, and financial performance of firms. A total of 124 responses were collected from managers of manufacturers certified by ISO 14001 EMS in Malaysia, and the data was subjected to a structur...

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Main Authors: Ong, Tze San, Lee, Ah Suat, Teh, Boon Heng, Magsi, Hussain Bakhsh
Format: Article
Language:English
Published: MDPI 2019
Online Access:http://psasir.upm.edu.my/id/eprint/38350/1/38350.pdf
http://psasir.upm.edu.my/id/eprint/38350/
https://www.mdpi.com/2071-1050/11/12/3494
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spelling my.upm.eprints.383502020-05-04T16:20:54Z http://psasir.upm.edu.my/id/eprint/38350/ Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms Ong, Tze San Lee, Ah Suat Teh, Boon Heng Magsi, Hussain Bakhsh This study is aimed to investigate the relationship between environmental performance, environmental innovation, and financial performance of firms. A total of 124 responses were collected from managers of manufacturers certified by ISO 14001 EMS in Malaysia, and the data was subjected to a structural equation analysis using the Smart PLS version 3.2.7 software. The results have endorsed environmental competitive capabilities i.e. environmental innovation and environmental performance as the key enablers for the creation of economic values for environmental proactive manufacturing firms. Moreover, environmental innovation is also found to be the mediator that transforms the benefits of environmental performance into financial performance. MDPI 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/38350/1/38350.pdf Ong, Tze San and Lee, Ah Suat and Teh, Boon Heng and Magsi, Hussain Bakhsh (2019) Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms. Sustainability, 11 (12). art. no. 3494. pp. 1-18. ISSN 2071-1050 https://www.mdpi.com/2071-1050/11/12/3494 10.3390/su11123494
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description This study is aimed to investigate the relationship between environmental performance, environmental innovation, and financial performance of firms. A total of 124 responses were collected from managers of manufacturers certified by ISO 14001 EMS in Malaysia, and the data was subjected to a structural equation analysis using the Smart PLS version 3.2.7 software. The results have endorsed environmental competitive capabilities i.e. environmental innovation and environmental performance as the key enablers for the creation of economic values for environmental proactive manufacturing firms. Moreover, environmental innovation is also found to be the mediator that transforms the benefits of environmental performance into financial performance.
format Article
author Ong, Tze San
Lee, Ah Suat
Teh, Boon Heng
Magsi, Hussain Bakhsh
spellingShingle Ong, Tze San
Lee, Ah Suat
Teh, Boon Heng
Magsi, Hussain Bakhsh
Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms
author_facet Ong, Tze San
Lee, Ah Suat
Teh, Boon Heng
Magsi, Hussain Bakhsh
author_sort Ong, Tze San
title Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms
title_short Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms
title_full Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms
title_fullStr Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms
title_full_unstemmed Environmental innovation, environmental performance and financial performance: evidence from Malaysian environmental proactive firms
title_sort environmental innovation, environmental performance and financial performance: evidence from malaysian environmental proactive firms
publisher MDPI
publishDate 2019
url http://psasir.upm.edu.my/id/eprint/38350/1/38350.pdf
http://psasir.upm.edu.my/id/eprint/38350/
https://www.mdpi.com/2071-1050/11/12/3494
_version_ 1665895977838444544
score 13.211869

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