Agro-Environmental Practices and Business Performance in the Wine Sector

Svetlana Ignjatijević, Jelena Vapa Tankosić, Nemanja Lekić, Duško Petrović, Sandra Brkanlić, Bojan Vapa, Vladimir Tomašević, Nikola Puvača, Radivoj Prodanović and Irena Milojević
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Svetlana Ignjatijević: Faculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, Serbia
Jelena Vapa Tankosić: Faculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, Serbia
Nemanja Lekić: Belgrade Business and Arts Academy of Applied Studies, Bulevar Zorana Đinđića 152а, 11070 Beograd, Serbia
Duško Petrović: Faculty of Technical Sciences, University of Novi Sad, Trg Dositeja Obradovića 6, 21000 Novi Sad, Serbia
Sandra Brkanlić: Faculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, Serbia
Bojan Vapa: Academy of Business Economics Čačak, Bulevar Vuka Karadžića, 32000 Čačak, Serbia
Vladimir Tomašević: School of Engineering Management, Bulevar Vojvode Mišića 43, 11000 Belgrade, Serbia
Nikola Puvača: Faculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, Serbia
Radivoj Prodanović: Faculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Cvećarska 2, 21000 Novi Sad, Serbia
Irena Milojević: Institute of Applied Sciences Belgrade, Lomina 2, 11000 Belgrade, Serbia

Agriculture, 2022, vol. 12, issue 2, 1-21

Abstract: Wine production is directly related to the environmentally responsible production. In recent years, due to demands for an environmentally responsible wine production in the Republic of Serbia, wine producers have become aware of the environmental responsibilities and are taking measures to prevent environmental problems. The objective of this research was to investigate attitudes of winery owners/managers on business performance of the wineries concerning the environmental behavior and its disclosure. The research has been conducted in the period from July to the end of October 2021 on a sample of 330 small wineries in the Republic of Serbia. The data were processed in the Smart PLS software v.3.2.7. The findings show a positive connection between of both service and financial performance with an ethical environmental behavior and environmental disclosure. However, no positive connection between innovative performance and ethical environmental behavior or ethical environmental disclosure has been determined. The positive attitudes of managers on the environment influence the business performance of wineries and indirectly on environmental behavior and disclosure. The current study should contribute to the relevant literature, as it investigates not only firm behavior in the wine sector, but also the impact of firm performance on the environment.

Keywords: environmental disclosure; business performance; brand performance; service performance; financial performance; innovative performance; environmental attitudes (search for similar items in EconPapers)
JEL-codes: Q1 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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