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Stakeholder integration, environmental sustainability orientation and financial performance

机译：利益相关者整合，环境可持续性定位和财务表现

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摘要

Despite the growing research on the influence of stakeholder integration on organizational outcomes, our understanding of the specific firm-level conditions that may mediate the relationship between stakeholder integration and financial performance is lacking. Using primary data gathered from 233 small and medium-sized enterprises in Ghana, we found empirical support for our contention that the link between stakeholder integration and financial performance is mediated by a firm's environmental sustainability orientation (ESO). In addition, our study demonstrated that competitive intensity moderates the indirect relationship between stakeholder integration and financial performance in such a way that the indirect effect through environmental sustainability orientation is stronger for higher levels of industry competition. We discuss theoretical and managerial implications of these findings.
机译：尽管有关利益攸关方对组织成果的影响越来越越来越多的研究，但我们对可能介绍利益攸关方融合和财务业绩之间关系的具体公司级别条件的理解。使用从加纳的233个中小企业收集的主要数据，我们发现了对我们的论点的实证支持，即利益相关者整合和财务业绩之间的联系是由公司的环境可持续性定位（ESO）的调解。此外，我们的研究表明，竞争力强度采取利益相关者整合和财务表现之间的间接关系，使环境可持续性定位的间接效应更强，对产业竞争更高。我们讨论了这些发现的理论和管理含义。

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