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CORPORATE SUSTAINABILITY PRACTICES AND ORGANIZATIONAL ECONOMIC PERFORMANCE

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22 Pages : 343-355

http://dx.doi.org/10.31703/gssr.2018(III-IV).22      10.31703/gssr.2018(III-IV).22      Published : Dec 2018

Corporate Sustainability Practices and Organizational Economic Performance

Abstract

    Since last decade corporate sustainability has been of great interest to practitioners and researchers, both. Successful implementation of sustainability practices is vital for organizational survival and competitive advantage. Based on institutional theory, this study aims at to enhance understanding regarding the relationship of sustainability practices and corporate performance directly and indirectly through non-financial performance. Data from managerial level employees of manufacturing and services providing organizations of Pakistan was collected through a survey questionnaire. Based on 346 participants’ responses we found that sustainability practices (exploration and exploitation) have significant relationship with financial and market performance. The multi-mediation analysis shows that all mediators partially mediate the relationship between sustainability practices and corporate performance. In the context of Pakistan, this study is the first of its kind to validate sustainability practices scale.

    (1) Sajid Rahman Khattak
    Assistant Professor, Institute of Business & Management Sciences, The University of Agriculture, Peshawar, KP, Pakistan.
    (2) Imran Saeed
    Lecturer, Institute of Business & Management Sciences, The University of Agriculture, Peshawar, KP, Pakistan.
    (3) Bilal Tariq
    Assistant Professor, Department of Management Sciences, COMSAT, Vehari Campus, Vehari, Punjab, Pakistan.
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Cite this article

APA

    APA : Khattak, S. R., Saeed, I., & Tariq, B. (2018). Corporate Sustainability Practices and Organizational Economic Performance. Global Social Sciences Review, III(IV), 343-355. https://doi.org/10.31703/gssr.2018(III-IV).22

CHICAGO

    CHICAGO : Khattak, Sajid Rahman, Imran Saeed, and Bilal Tariq. 2018. "Corporate Sustainability Practices and Organizational Economic Performance." Global Social Sciences Review, III (IV): 343-355 doi: 10.31703/gssr.2018(III-IV).22

HARVARD

    HARVARD : KHATTAK, S. R., SAEED, I. & TARIQ, B. 2018. Corporate Sustainability Practices and Organizational Economic Performance. Global Social Sciences Review, III, 343-355.

MHRA

    MHRA : Khattak, Sajid Rahman, Imran Saeed, and Bilal Tariq. 2018. "Corporate Sustainability Practices and Organizational Economic Performance." Global Social Sciences Review, III: 343-355

MLA

    MLA : Khattak, Sajid Rahman, Imran Saeed, and Bilal Tariq. "Corporate Sustainability Practices and Organizational Economic Performance." Global Social Sciences Review, III.IV (2018): 343-355 Print.

OXFORD

    OXFORD : Khattak, Sajid Rahman, Saeed, Imran, and Tariq, Bilal (2018), "Corporate Sustainability Practices and Organizational Economic Performance", Global Social Sciences Review, III (IV), 343-355

TURABIAN

    TURABIAN : Khattak, Sajid Rahman, Imran Saeed, and Bilal Tariq. "Corporate Sustainability Practices and Organizational Economic Performance." Global Social Sciences Review III, no. IV (2018): 343-355. https://doi.org/10.31703/gssr.2018(III-IV).22