The effect of green strategies and eco‐innovation on Mexican automotive industry sustainable and financial performance: Sustainable supply chains as a mediating variable

Rubén Michael Rodríguez‐González, Gonzalo Maldonado‐Guzman and Antonia Madrid‐Guijarro

Corporate Social Responsibility and Environmental Management, 2022, vol. 29, issue 4, 779-794

Abstract: This work focuses on the study of how green strategies (GBS) and eco‐innovation (EI) contribute to increasing sustainable and financial performance in the context of the Mexican manufacturing industry, and whether these relationships are mediated by the practices involved in sustainable supply chains (SSCs). This analysis is carried out through an empirical study of a sample of 460 companies in the automotive industry. The results reveal direct positive effects of GBS and EI on performance both, sustainable and financial. In spite of the key role played by SSC, this variable only exerts a mediating effect on the sustainable performance. Nevertheless, although the significant direct effect of sustainable supply chains on financial performance is not verified, there is an indirect effect of supply chains on financial performance through their influence on sustainable development. The findings reveal important implications for managers. They provide rational arguments (increase in performance) that should motivate companies in the Mexican automotive industry to incorporate values, standards, and actions focused on reducing the effects of their activities on the environment. These considerations will lead to a change in behavior which is better aligned with global environmental demands.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/csr.2233

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:corsem:v:29:y:2022:i:4:p:779-794

Access Statistics for this article

More articles in Corporate Social Responsibility and Environmental Management from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().