The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies

This paper aims to research the organizational factors influencing the implementation of energy efficiency measures in companies. The analysis was performed on a sample of companies from Serbia included in the World Bank Enterprise Survey. The raw data collected by the World Bank were utilized to an...

Full description

Bibliographic Details
Main Authors: Vučković Aleksandar, Džunić Marija
Format: Article
Language:English
Published: Sciendo 2023-06-01
Series:Naše Gospodarstvo
Subjects:
Online Access:https://doi.org/10.2478/ngoe-2023-0010
_version_ 1797784148659666944
author Vučković Aleksandar
Džunić Marija
author_facet Vučković Aleksandar
Džunić Marija
author_sort Vučković Aleksandar
collection DOAJ
description This paper aims to research the organizational factors influencing the implementation of energy efficiency measures in companies. The analysis was performed on a sample of companies from Serbia included in the World Bank Enterprise Survey. The raw data collected by the World Bank were utilized to analyze the correlation between various organizational factors and the adoption of energy efficiency measures. The analysis revealed a statistically significant correlation between management maturity and the implementation of energy efficiency measures in companies. These findings suggest that improving energy efficiency is not an isolated process but rather closely related to the maturity of management practices, highlighting the importance of comprehensive organizational development for achieving optimal energy management.
first_indexed 2024-03-13T00:35:49Z
format Article
id doaj.art-73ccb8df6c3049b0a5d1f27ba3fda40b
institution Directory Open Access Journal
issn 2385-8052
language English
last_indexed 2024-03-13T00:35:49Z
publishDate 2023-06-01
publisher Sciendo
record_format Article
series Naše Gospodarstvo
spelling doaj.art-73ccb8df6c3049b0a5d1f27ba3fda40b2023-07-10T06:05:02ZengSciendoNaše Gospodarstvo2385-80522023-06-01692414910.2478/ngoe-2023-0010The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in CompaniesVučković Aleksandar0Džunić Marija11Belgrade Metropolitan University, FEFA Faculty, Bulevar Zorana Đinđića 44, 11000Belgrade, Serbia1Belgrade Metropolitan University, FEFA Faculty, Bulevar Zorana Đinđića 44, 11000Belgrade, SerbiaThis paper aims to research the organizational factors influencing the implementation of energy efficiency measures in companies. The analysis was performed on a sample of companies from Serbia included in the World Bank Enterprise Survey. The raw data collected by the World Bank were utilized to analyze the correlation between various organizational factors and the adoption of energy efficiency measures. The analysis revealed a statistically significant correlation between management maturity and the implementation of energy efficiency measures in companies. These findings suggest that improving energy efficiency is not an isolated process but rather closely related to the maturity of management practices, highlighting the importance of comprehensive organizational development for achieving optimal energy management.https://doi.org/10.2478/ngoe-2023-0010energy efficiencyenergy managementmanagement maturityorganizational factorsserbiac19l25o32q40
spellingShingle Vučković Aleksandar
Džunić Marija
The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies
Naše Gospodarstvo
energy efficiency
energy management
management maturity
organizational factors
serbia
c19
l25
o32
q40
title The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies
title_full The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies
title_fullStr The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies
title_full_unstemmed The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies
title_short The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies
title_sort influence of organizational factors on the adoption of energy efficiency measures in companies
topic energy efficiency
energy management
management maturity
organizational factors
serbia
c19
l25
o32
q40
url https://doi.org/10.2478/ngoe-2023-0010
work_keys_str_mv AT vuckovicaleksandar theinfluenceoforganizationalfactorsontheadoptionofenergyefficiencymeasuresincompanies
AT dzunicmarija theinfluenceoforganizationalfactorsontheadoptionofenergyefficiencymeasuresincompanies
AT vuckovicaleksandar influenceoforganizationalfactorsontheadoptionofenergyefficiencymeasuresincompanies
AT dzunicmarija influenceoforganizationalfactorsontheadoptionofenergyefficiencymeasuresincompanies