Please use this identifier to cite or link to this item: http://hdl.handle.net/10609/146962
Title: Boosting environmental management: The mediating role of Industry 4.0 between environmental assets and economic and social firm performance
Author: Torrent-Sellens, Joan  
Ficapal-Cusi, Pilar  
Enache-Zegheru, Mihaela  
Others: Universitat Oberta de Catalunya (UOC)
Keywords: economic performance
environmental assets
firm performance
Industry 4.0 (I4.0)
socialperformance
Issue Date: 15-Jun-2022
Publisher: Business Strategy and the Environment
Citation: Torrent-Sellens, J., Ficapal-Cusí, P. & Enache, M. (2022). Boosting environmental management: The mediating role of industry 4.0 between environmental assets and economic and social firm perfomance. Business Strategy and the Environment, 1-16. doi: 10.1002/bse.3173
Published in: 1;16
Also see: https://www.doi.org/10.1002/bse.3173
Abstract: The adoption of new innovative ecosystems linked to Industry 4.0 (I4.0) in industrial firms has created new opportunities for performance. In this study, we investigate whether I4.0 can reinforce environmental asset management in achieving firm economic and social performance. We intend to contrast the existence of I4.0-based reward mechanisms for being green. Using a panel of 1028 Spanish industrial firms in 2009–2016 period and a partial least squares structural equation modelling econometric methodology, the research has obtained two main results. First, the management of environmental assets generates positive effects on the economic and social performance of the industrial firm. Second, research findings confirm the mediating role of I4.0, which ends up reinforcing the relationship between environmental assets and the economic and social firm performance. The results obtained highlight the importance of complementary relationships between digital and environmental transformation to promote firm performance. Implications for firm strategy and business models are also discussed.
Language: English
URI: http://hdl.handle.net/10609/146962
ISSN: 1099-0836MIAR
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