Going green, going clean: Lean‐green sustainability strategy and firm growth

Despite the widespread recognition of the paybacks of “going green” and “going clean,” limited research has focused on the impact of lean‐green strategy on firm growth. In this study, we contribute to strategy and environmental sustainability literatures by investigating the possibility that the inf...

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Veröffentlicht in:Business strategy and the environment 2020-01, Vol.29 (1), p.118-139
Hauptverfasser: Lartey, Theophilus, Yirenkyi, Diana Owusu, Adomako, Samuel, Danso, Albert, Amankwah‐Amoah, Joseph, Alam, Ashraful
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container_end_page 139
container_issue 1
container_start_page 118
container_title Business strategy and the environment
container_volume 29
creator Lartey, Theophilus
Yirenkyi, Diana Owusu
Adomako, Samuel
Danso, Albert
Amankwah‐Amoah, Joseph
Alam, Ashraful
description Despite the widespread recognition of the paybacks of “going green” and “going clean,” limited research has focused on the impact of lean‐green strategy on firm growth. In this study, we contribute to strategy and environmental sustainability literatures by investigating the possibility that the influence on lean‐green strategy and firm growth is driven by different levels of industry competition, managerial power, and family ties. Using panel data from 732 firms in four major industrialized economies (the United States, Germany, France, and the United Kingdom), we found that lean‐green strategy positively relates to firm growth and this relationship is amplified at higher levels of competition, managerial power, and family ties. Theoretical and practical implications of the study are also discussed.
doi_str_mv 10.1002/bse.2353
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subjects Competition
Economic concentration
environment
growth
lean‐green strategy
managerial power
Panel data
Power
Strategy
Sustainability
title Going green, going clean: Lean‐green sustainability strategy and firm growth
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