Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance
The concept of green manufacturing is a topical discourse in sustainability studies, but its adoption seems to be lagging due to an unclear link to financial performance. The study aims to test the relationship between green manufacturing and financial performance, with quality performance as a medi...
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Format: | Article |
Language: | English |
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LLC "CPC "Business Perspectives"
2022-10-01
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Series: | Environmental Economics |
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Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/17204/EE_2022_01_Ononye.pdf |
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author | Uzoma Ononye Francis Ndudi Judith Aloamaka Mauryn Mba Tobi Ejumudo |
author_facet | Uzoma Ononye Francis Ndudi Judith Aloamaka Mauryn Mba Tobi Ejumudo |
author_sort | Uzoma Ononye |
collection | DOAJ |
description | The concept of green manufacturing is a topical discourse in sustainability studies, but its adoption seems to be lagging due to an unclear link to financial performance. The study aims to test the relationship between green manufacturing and financial performance, with quality performance as a mediator and entrepreneurial orientation as a moderator. The partial least square (PLS) method was applied for hypotheses testing. Data were randomly obtained from 116 managerial staff in manufacturing firms operating in the polymer industry in Southern Nigeria. From the PLS results, green manufacturing is positively related to financial performance (β = 0.167, p = 0.027), and this relationship is mediated by quality performance (β = 0.194, p = 0.000) and moderated by entrepreneurial orientation (β = 0.115, p = 0.000). The results demonstrated that green manufacturing spurs financial performance directly. However, optimality can be achieved indirectly through quality performance and under generative conditions or behaviors effectuated by entrepreneurial orientation. In conclusion, quality performance and entrepreneurial orientation may account for the ways in which green manufacturing enhances financial performance significantly and positively. |
first_indexed | 2024-04-12T16:19:04Z |
format | Article |
id | doaj.art-4067b9c112ea4d708f77c9a96916d073 |
institution | Directory Open Access Journal |
issn | 1998-6041 1998-605X |
language | English |
last_indexed | 2024-04-12T16:19:04Z |
publishDate | 2022-10-01 |
publisher | LLC "CPC "Business Perspectives" |
record_format | Article |
series | Environmental Economics |
spelling | doaj.art-4067b9c112ea4d708f77c9a96916d0732022-12-22T03:25:38ZengLLC "CPC "Business Perspectives"Environmental Economics1998-60411998-605X2022-10-01131506010.21511/ee.13(1).2022.0517204Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performanceUzoma Ononye0https://orcid.org/0000-0001-6261-9640Francis Ndudi1https://orcid.org/0000-0002-7171-5279Judith Aloamaka2Mauryn Mba3Tobi Ejumudo4Ph.D. in Management, Lecturer, Faculty of Management and Social Sciences, Department of Business Administration, Dennis Osadebay UniversityPh.D. in Management, Lecturer, Faculty of Management and Social Sciences, Department of Business Administration, Dennis Osadebay UniversityPh.D. Candidate, Assistant Lecturer, Faculty of Management and Social Sciences, Department of Business Administration, Dennis Osadebay UniversityPh.D., Lecturer, Faculty of Management Sciences, Department of Entrepreneurial Studies, Chukwuemeka Odumegwu Ojukwu UniversityPh.D. Candidate, Assistant Lecturer, Faculty of Management and Social Sciences, Department of Entrepreneurship, Dennis Osadebay UniversityThe concept of green manufacturing is a topical discourse in sustainability studies, but its adoption seems to be lagging due to an unclear link to financial performance. The study aims to test the relationship between green manufacturing and financial performance, with quality performance as a mediator and entrepreneurial orientation as a moderator. The partial least square (PLS) method was applied for hypotheses testing. Data were randomly obtained from 116 managerial staff in manufacturing firms operating in the polymer industry in Southern Nigeria. From the PLS results, green manufacturing is positively related to financial performance (β = 0.167, p = 0.027), and this relationship is mediated by quality performance (β = 0.194, p = 0.000) and moderated by entrepreneurial orientation (β = 0.115, p = 0.000). The results demonstrated that green manufacturing spurs financial performance directly. However, optimality can be achieved indirectly through quality performance and under generative conditions or behaviors effectuated by entrepreneurial orientation. In conclusion, quality performance and entrepreneurial orientation may account for the ways in which green manufacturing enhances financial performance significantly and positively.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/17204/EE_2022_01_Ononye.pdfentrepreneurial orientationfinancial healthperformancequality improvementssustainable manufacturing |
spellingShingle | Uzoma Ononye Francis Ndudi Judith Aloamaka Mauryn Mba Tobi Ejumudo Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance Environmental Economics entrepreneurial orientation financial health performance quality improvements sustainable manufacturing |
title | Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance |
title_full | Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance |
title_fullStr | Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance |
title_full_unstemmed | Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance |
title_short | Examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance |
title_sort | examining the role of quality performance and entrepreneurial orientation on green manufacturing and financial performance |
topic | entrepreneurial orientation financial health performance quality improvements sustainable manufacturing |
url | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/17204/EE_2022_01_Ononye.pdf |
work_keys_str_mv | AT uzomaononye examiningtheroleofqualityperformanceandentrepreneurialorientationongreenmanufacturingandfinancialperformance AT francisndudi examiningtheroleofqualityperformanceandentrepreneurialorientationongreenmanufacturingandfinancialperformance AT judithaloamaka examiningtheroleofqualityperformanceandentrepreneurialorientationongreenmanufacturingandfinancialperformance AT maurynmba examiningtheroleofqualityperformanceandentrepreneurialorientationongreenmanufacturingandfinancialperformance AT tobiejumudo examiningtheroleofqualityperformanceandentrepreneurialorientationongreenmanufacturingandfinancialperformance |