Effects of Sustainable Culture on CSR and Financial Performance in Manufacturing Industryof Sustainable Culture on Corporate Social Responsibility and Financial Performance in Manufacturing Industry

Sandra Yesenia Pinzón-Castro, Gonzalo Maldonado-Guzmán
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Abstract

The relationship between culture and firm sustainability practices is widely recognized in the literature, but little is known about a sustainable culture, particularly in a context of corporate social responsibility, since sustainability in manufacturing firms involves managing physical aspects of production and transforming the organization’s culture into a sustainable culture. However, the existing research in the literature has been mainly oriented towards the analysis of a culture that focuses on improving firm financial performance. The present study aims to fill this existing gap, and generate new knowledge of the relationship between these three constructs, distribute a questionnaire to a sample of 300 manufacturing firms in Mexico, and analyze the data through partial least squares structural equation modelling. The results showed that the sustainable culture has positive effects on social responsibility and firms financial performance, and corporate social responsibility has positive effects on financial performance of manufacturing firms. Thus, the results obtained allow us to conclude that manufacturing firms that have adopted a sustainable culture have not only improved their social responsibility, but also their financial performance. However, when corporate social responsibility acts as a mediating variable, it further improves firm financial performance.
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可持续文化对制造业企业社会责任和财务绩效的影响
文化与企业可持续发展实践之间的关系在文献中得到广泛认可,但对可持续发展文化知之甚少,特别是在企业社会责任的背景下,因为制造企业的可持续发展涉及管理生产的物理方面,并将组织的文化转变为可持续发展文化。然而,文献中的现有研究主要侧重于分析侧重于改善公司财务绩效的文化。本研究旨在填补这一现有的空白,并产生这三个结构之间的关系的新知识,分发一份调查问卷到300家墨西哥制造企业的样本,并通过偏最小二乘结构方程模型分析数据。结果表明,可持续文化对社会责任和企业财务绩效有正向影响,企业社会责任对制造业企业财务绩效有正向影响。因此,所获得的结果使我们能够得出这样的结论:采用可持续文化的制造企业不仅提高了他们的社会责任,而且提高了他们的财务绩效。然而,当企业社会责任作为一个中介变量时,它进一步提高了企业的财务绩效。
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来源期刊
CiteScore
2.70
自引率
0.00%
发文量
21
审稿时长
12 weeks
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