Autor segons l'article: Abdi, Yaghoub; Li, Xiaoni; Camara-Turull, Xavier
Departament: Gestió d'Empreses
Autor/s de la URV: Abdi, Yaghoub / Càmara Turull, Xavier / Li, Xiaoni
Paraules clau: Sustainable development State-ownership Financial performance Environmental, social, and governance Corporate social-responsibility Airline industry sustainable development strategy state-ownership social resource-based view management impact governance firm performance financial performance environmental disclosure determinants csr and governance
Resum: This study aims to broaden the research on the influence of financial performance (FP) on sustainable development activities proxied by environmental, social, and governance (ESG) disclosure in the airline industry. In addition, we examine the moderating effect of state-ownership on the FP-ESG relationship. Based on data collected from 36 airlines worldwide for the period 2008–2019, we found that ESG is negatively and significantly influenced by FP. This result implies that the willingness of airlines to contribute to ESG initiatives is diminished when economic conditions are favorable. State-ownership moderates the relationship between FP and ESG such that the negative relationship is weaker in presence of state shares. Our findings help to disentangle the roles of FP in its contribution to sustainability and are valuable in better understanding the topic in airline context. Also, our results have some important implications for how industry practitioners may act more effectively in the managerial social decision process and provide insights to assist investors who are considering eco-investing in the airline industry.
Àrees temàtiques: Saúde coletiva Renewable energy, sustainability and the environment Regional & urban planning Planning & development Medicina ii Medicina i Green & sustainable science & technology General o multidisciplinar Economia Development studies Development Ciencias sociales Administração pública e de empresas, ciências contábeis e turismo
Accès a la llicència d'ús: https://creativecommons.org/licenses/by/3.0/es/
Adreça de correu electrònic de l'autor: yaghoub.abdi@estudiants.urv.cat yaghoub.abdi@estudiants.urv.cat xiaoni.li@urv.cat xavier.camara@urv.cat xavier.camara@urv.cat
Identificador de l'autor: 0000-0002-7551-3068 0000-0002-7551-3068 0000-0002-4047-4046 0000-0001-7018-080X 0000-0001-7018-080X
Data d'alta del registre: 2024-10-12
Versió de l'article dipositat: info:eu-repo/semantics/publishedVersion
Enllaç font original: https://onlinelibrary.wiley.com/doi/full/10.1002/sd.2314
URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
Referència a l'article segons font original: Sustainable Development. 30 (5): 1252-1267
Referència de l'ítem segons les normes APA: Abdi, Yaghoub; Li, Xiaoni; Camara-Turull, Xavier (2022). How financial performance influences investment in sustainable development initiatives in the airline industry: The moderation role of state-ownership. Sustainable Development, 30(5), 1252-1267. DOI: 10.1002/sd.2314
DOI de l'article: 10.1002/sd.2314
Entitat: Universitat Rovira i Virgili
Any de publicació de la revista: 2022
Tipus de publicació: Journal Publications
Repositori URV