Going green, going clean: Lean‐green sustainability strategy and firm growth
研究了精益绿色战略对企业增长的影响,发现行业竞争、管理层权力和家族纽带会增强这一正向关系,基于美、德、法、英732家企业的面板数据。
Abstract 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.