Institutional Pressures on Sustainability and Green Performance: The Mediating Role of Digital Business Model Innovation

Yi Liang, Chenyu Zhao and Min-Jae Lee ()
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Yi Liang: School of Foreign Languages, Neijiang Normal University, Neijiang 641100, China
Chenyu Zhao: Neijiang Economic Cooperation and Development Bureau, Neijiang 641100, China
Min-Jae Lee: Department of Global Business, Mokwon University, Daejeon 35349, Republic of Korea

Sustainability, 2023, vol. 15, issue 19, 1-14

Abstract: The purpose of this study is to examine the mediating role of digital business model innovation (DBMI) in the relationship between institutional pressures (i.e., regulation and normative pressures) on sustainability and green performance. To verify our hypotheses, we performed the structural equation model as an analytical technique using 396 datasets from firms listed on the China Stock Exchange. The structural results showed that institutional pressures had a positive effect on DBMI, and that DBMI had a significant effect on green performance. The analysis also supports the full mediation role of DBMI between institutional pressures and green performance. We believe that our findings contribute to ongoing knowledge by enriching institutional perspectives on sustainable management and providing managers with practical implications on how to drive DBMI.

Keywords: institutional pressure; digital business model innovation; green performance; digital transformation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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