The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling Approach
Global environmental problems, such as global warming, pollution, or deforestation, are critical issues that require a rapid and common response. In this context, companies play a decisive role in achieving environmental objectives through the ecological knowledge they can store and manage. In this...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Hindawi-Wiley
2022-01-01
|
| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2022/6024077 |
| _version_ | 1797995249851695104 |
|---|---|
| author | Bartolomé Marco-Lajara Patrocinio Zaragoza-Sáez Javier Martínez-Falcó Lorena Ruiz-Fernández |
| author_facet | Bartolomé Marco-Lajara Patrocinio Zaragoza-Sáez Javier Martínez-Falcó Lorena Ruiz-Fernández |
| author_sort | Bartolomé Marco-Lajara |
| collection | DOAJ |
| description | Global environmental problems, such as global warming, pollution, or deforestation, are critical issues that require a rapid and common response. In this context, companies play a decisive role in achieving environmental objectives through the ecological knowledge they can store and manage. In this context, the present research focuses its interest on analyzing how the set of green intangibles possessed by organizations, i.e., Green Intellectual Capital (GIC), affects their Green Performance (GP). Specifically, the study shows how GP is influenced by GIC through the mediating role of the Green Innovation (GI) variable. Therefore, the research questions to be answered by this study are as follows: Does GIC influence environmental performance? Does GI mediate the GIC-GP relationship? What actions can companies take to improve their GP? There are several reasons that have led us to carry out this research. First, there is little empirical evidence of the relationships proposed in this study. Second, to the best of our knowledge, there is no previous research that has contextualized the relationships raised in the wine industry, thus representing an advance in the comprehension of the constructs studied. Third, GIC represents an incipient field of study that needs to be developed and established within the literature linked to Intellectual Capital (IC). In order to achieve the proposed objectives, data from a survey of 202 wineries in Spain were used and a quantitative approach was followed using Structural Equation Modeling (PLS-SEM). The results of the research indicate that there is a positive and significant relationship between GIC and GP. In addition, GI partially mediates the relationship between these two variables, playing a key role in the environmental management of wineries. The theoretical and practical contributions of the study improve the understanding of the relationships raised, being a pioneering study due to its contextualization in the wine industry, as well as providing a series of guidelines for both environmental managers and winemakers to improve their GP. |
| first_indexed | 2024-04-11T09:58:27Z |
| format | Article |
| id | doaj.art-820bdceefa5943209ce031d3d2e8750f |
| institution | Directory Open Access Journal |
| issn | 1099-0526 |
| language | English |
| last_indexed | 2024-04-11T09:58:27Z |
| publishDate | 2022-01-01 |
| publisher | Hindawi-Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj.art-820bdceefa5943209ce031d3d2e8750f2022-12-22T04:30:29ZengHindawi-WileyComplexity1099-05262022-01-01202210.1155/2022/6024077The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling ApproachBartolomé Marco-Lajara0Patrocinio Zaragoza-Sáez1Javier Martínez-Falcó2Lorena Ruiz-Fernández3Management DepartmentManagement DepartmentManagement DepartmentManagement DepartmentGlobal environmental problems, such as global warming, pollution, or deforestation, are critical issues that require a rapid and common response. In this context, companies play a decisive role in achieving environmental objectives through the ecological knowledge they can store and manage. In this context, the present research focuses its interest on analyzing how the set of green intangibles possessed by organizations, i.e., Green Intellectual Capital (GIC), affects their Green Performance (GP). Specifically, the study shows how GP is influenced by GIC through the mediating role of the Green Innovation (GI) variable. Therefore, the research questions to be answered by this study are as follows: Does GIC influence environmental performance? Does GI mediate the GIC-GP relationship? What actions can companies take to improve their GP? There are several reasons that have led us to carry out this research. First, there is little empirical evidence of the relationships proposed in this study. Second, to the best of our knowledge, there is no previous research that has contextualized the relationships raised in the wine industry, thus representing an advance in the comprehension of the constructs studied. Third, GIC represents an incipient field of study that needs to be developed and established within the literature linked to Intellectual Capital (IC). In order to achieve the proposed objectives, data from a survey of 202 wineries in Spain were used and a quantitative approach was followed using Structural Equation Modeling (PLS-SEM). The results of the research indicate that there is a positive and significant relationship between GIC and GP. In addition, GI partially mediates the relationship between these two variables, playing a key role in the environmental management of wineries. The theoretical and practical contributions of the study improve the understanding of the relationships raised, being a pioneering study due to its contextualization in the wine industry, as well as providing a series of guidelines for both environmental managers and winemakers to improve their GP.http://dx.doi.org/10.1155/2022/6024077 |
| spellingShingle | Bartolomé Marco-Lajara Patrocinio Zaragoza-Sáez Javier Martínez-Falcó Lorena Ruiz-Fernández The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling Approach Complexity |
| title | The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling Approach |
| title_full | The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling Approach |
| title_fullStr | The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling Approach |
| title_full_unstemmed | The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling Approach |
| title_short | The Effect of Green Intellectual Capital on Green Performance in the Spanish Wine Industry: A Structural Equation Modeling Approach |
| title_sort | effect of green intellectual capital on green performance in the spanish wine industry a structural equation modeling approach |
| url | http://dx.doi.org/10.1155/2022/6024077 |
| work_keys_str_mv | AT bartolomemarcolajara theeffectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach AT patrociniozaragozasaez theeffectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach AT javiermartinezfalco theeffectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach AT lorenaruizfernandez theeffectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach AT bartolomemarcolajara effectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach AT patrociniozaragozasaez effectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach AT javiermartinezfalco effectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach AT lorenaruizfernandez effectofgreenintellectualcapitalongreenperformanceinthespanishwineindustryastructuralequationmodelingapproach |