Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan

Purpose: This study aims to examine whether and how corporate sustainability capability influences energy efficiency through competitive intensity and slack resource availability. Design/methodology/approach: The authors applied a two-wave research design and administered a survey questionnaire to s...

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Main Authors: Tanveer, Arifa, Zeng, Shihong, Tian, Wei
Format: Article
Language:English
Published: Emerald Publishing 2024
Online Access:http://psasir.upm.edu.my/id/eprint/112851/1/112851.pdf
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author Tanveer, Arifa
Zeng, Shihong
Tian, Wei
author_facet Tanveer, Arifa
Zeng, Shihong
Tian, Wei
author_sort Tanveer, Arifa
collection UPM
description Purpose: This study aims to examine whether and how corporate sustainability capability influences energy efficiency through competitive intensity and slack resource availability. Design/methodology/approach: The authors applied a two-wave research design and administered a survey questionnaire to senior-level managers of 78 ISO-14001 and ISO-50001 certified manufacturing companies. The authors use a multi-method approach for data analysis. AMOS 23 software was applied for covariance-based structural equation modeling. In addition, SPSS 25 software was applied for hierarchical regression analysis to examine the causal relationships in the model. Findings: The finding reveals that corporate sustainability capabilities, which include energy-saving opportunities, seizing energy-saving opportunities and resource reconfiguration, significantly improve firms’ energy efficiency. In addition, competitive intensity and slack resource availability positively moderated the relationship between corporate sustainability capability and energy efficiency. Originality/value: To the best of the authors’ knowledge, this study is the first to examine the link between corporate sustainability capability and energy efficiency in developing countries such as Pakistan. Although the influence of various corporate sustainability capabilities on sustainable performance has been widely examined in the literature, the role of corporate sustainability capability has been limitedly explored with energy efficiency. This study extends the literature by adding to the knowledge of corporate sustainability capability that enhances boundary conditions in developing countries. © 2024, Emerald Publishing Limited.
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spelling upm.eprints-1128512024-11-06T03:52:01Z http://psasir.upm.edu.my/id/eprint/112851/ Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan Tanveer, Arifa Zeng, Shihong Tian, Wei Purpose: This study aims to examine whether and how corporate sustainability capability influences energy efficiency through competitive intensity and slack resource availability. Design/methodology/approach: The authors applied a two-wave research design and administered a survey questionnaire to senior-level managers of 78 ISO-14001 and ISO-50001 certified manufacturing companies. The authors use a multi-method approach for data analysis. AMOS 23 software was applied for covariance-based structural equation modeling. In addition, SPSS 25 software was applied for hierarchical regression analysis to examine the causal relationships in the model. Findings: The finding reveals that corporate sustainability capabilities, which include energy-saving opportunities, seizing energy-saving opportunities and resource reconfiguration, significantly improve firms’ energy efficiency. In addition, competitive intensity and slack resource availability positively moderated the relationship between corporate sustainability capability and energy efficiency. Originality/value: To the best of the authors’ knowledge, this study is the first to examine the link between corporate sustainability capability and energy efficiency in developing countries such as Pakistan. Although the influence of various corporate sustainability capabilities on sustainable performance has been widely examined in the literature, the role of corporate sustainability capability has been limitedly explored with energy efficiency. This study extends the literature by adding to the knowledge of corporate sustainability capability that enhances boundary conditions in developing countries. © 2024, Emerald Publishing Limited. Emerald Publishing 2024 Article PeerReviewed text en cc_by_4 http://psasir.upm.edu.my/id/eprint/112851/1/112851.pdf Tanveer, Arifa and Zeng, Shihong and Tian, Wei (2024) Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan. Studies in Economics and Finance, 41 (3). pp. 571-595. ISSN 1086-7376 https://www.emerald.com/insight/content/doi/10.1108/SEF-09-2023-0577/full/html 10.1108/SEF-09-2023-0577
spellingShingle Tanveer, Arifa
Zeng, Shihong
Tian, Wei
Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan
title Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan
title_full Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan
title_fullStr Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan
title_full_unstemmed Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan
title_short Closing the loop: does corporate sustainability capability matter for improving energy efficiency? Evidence from Pakistan
title_sort closing the loop does corporate sustainability capability matter for improving energy efficiency evidence from pakistan
url http://psasir.upm.edu.my/id/eprint/112851/1/112851.pdf
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