Agro-Environmental Practices and Business Performance in the Wine Sector

Wine production is directly related to the environmentally responsible production. In recent years, due to demands for an environmentally responsible wine production in the Republic of Serbia, wine producers have become aware of the environmental responsibilities and are taking measures to prevent e...

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Main Authors: Svetlana Ignjatijević, Jelena Vapa Tankosić, Nemanja Lekić, Duško Petrović, Sandra Brkanlić, Bojan Vapa, Vladimir Tomašević, Nikola Puvača, Radivoj Prodanović, Irena Milojević
Format: Article
Language:English
Published: MDPI AG 2022-02-01
Series:Agriculture
Subjects:
Online Access:https://www.mdpi.com/2077-0472/12/2/239
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author Svetlana Ignjatijević
Jelena Vapa Tankosić
Nemanja Lekić
Duško Petrović
Sandra Brkanlić
Bojan Vapa
Vladimir Tomašević
Nikola Puvača
Radivoj Prodanović
Irena Milojević
author_facet Svetlana Ignjatijević
Jelena Vapa Tankosić
Nemanja Lekić
Duško Petrović
Sandra Brkanlić
Bojan Vapa
Vladimir Tomašević
Nikola Puvača
Radivoj Prodanović
Irena Milojević
author_sort Svetlana Ignjatijević
collection DOAJ
description Wine production is directly related to the environmentally responsible production. In recent years, due to demands for an environmentally responsible wine production in the Republic of Serbia, wine producers have become aware of the environmental responsibilities and are taking measures to prevent environmental problems. The objective of this research was to investigate attitudes of winery owners/managers on business performance of the wineries concerning the environmental behavior and its disclosure. The research has been conducted in the period from July to the end of October 2021 on a sample of 330 small wineries in the Republic of Serbia. The data were processed in the Smart PLS software v.3.2.7. The findings show a positive connection between of both service and financial performance with an ethical environmental behavior and environmental disclosure. However, no positive connection between innovative performance and ethical environmental behavior or ethical environmental disclosure has been determined. The positive attitudes of managers on the environment influence the business performance of wineries and indirectly on environmental behavior and disclosure. The current study should contribute to the relevant literature, as it investigates not only firm behavior in the wine sector, but also the impact of firm performance on the environment.
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spelling doaj.art-4cb13dcd71314b3fb6f68bc0a6abea862023-11-23T18:16:56ZengMDPI AGAgriculture2077-04722022-02-0112223910.3390/agriculture12020239Agro-Environmental Practices and Business Performance in the Wine SectorSvetlana Ignjatijević0Jelena Vapa Tankosić1Nemanja Lekić2Duško Petrović3Sandra Brkanlić4Bojan Vapa5Vladimir Tomašević6Nikola Puvača7Radivoj Prodanović8Irena Milojević9Faculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, SerbiaFaculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, SerbiaBelgrade Business and Arts Academy of Applied Studies, Bulevar Zorana Đinđića 152а, 11070 Beograd, SerbiaFaculty of Technical Sciences, University of Novi Sad, Trg Dositeja Obradovića 6, 21000 Novi Sad, SerbiaFaculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, SerbiaAcademy of Business Economics Čačak, Bulevar Vuka Karadžića, 32000 Čačak, SerbiaSchool of Engineering Management, Bulevar Vojvode Mišića 43, 11000 Belgrade, SerbiaFaculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, SerbiaFaculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, SerbiaInstitute of Applied Sciences Belgrade, Lomina 2, 11000 Belgrade, SerbiaWine production is directly related to the environmentally responsible production. In recent years, due to demands for an environmentally responsible wine production in the Republic of Serbia, wine producers have become aware of the environmental responsibilities and are taking measures to prevent environmental problems. The objective of this research was to investigate attitudes of winery owners/managers on business performance of the wineries concerning the environmental behavior and its disclosure. The research has been conducted in the period from July to the end of October 2021 on a sample of 330 small wineries in the Republic of Serbia. The data were processed in the Smart PLS software v.3.2.7. The findings show a positive connection between of both service and financial performance with an ethical environmental behavior and environmental disclosure. However, no positive connection between innovative performance and ethical environmental behavior or ethical environmental disclosure has been determined. The positive attitudes of managers on the environment influence the business performance of wineries and indirectly on environmental behavior and disclosure. The current study should contribute to the relevant literature, as it investigates not only firm behavior in the wine sector, but also the impact of firm performance on the environment.https://www.mdpi.com/2077-0472/12/2/239environmental disclosurebusiness performancebrand performanceservice performancefinancial performanceinnovative performance
spellingShingle Svetlana Ignjatijević
Jelena Vapa Tankosić
Nemanja Lekić
Duško Petrović
Sandra Brkanlić
Bojan Vapa
Vladimir Tomašević
Nikola Puvača
Radivoj Prodanović
Irena Milojević
Agro-Environmental Practices and Business Performance in the Wine Sector
Agriculture
environmental disclosure
business performance
brand performance
service performance
financial performance
innovative performance
title Agro-Environmental Practices and Business Performance in the Wine Sector
title_full Agro-Environmental Practices and Business Performance in the Wine Sector
title_fullStr Agro-Environmental Practices and Business Performance in the Wine Sector
title_full_unstemmed Agro-Environmental Practices and Business Performance in the Wine Sector
title_short Agro-Environmental Practices and Business Performance in the Wine Sector
title_sort agro environmental practices and business performance in the wine sector
topic environmental disclosure
business performance
brand performance
service performance
financial performance
innovative performance
url https://www.mdpi.com/2077-0472/12/2/239
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