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The extensive focus on information technology (IT) within organizations, along with the substantial significance of information security issues, has made information security a top priority for executives. The International Organization for Standardization 27001 (ISO-27001) policy outlines the requirements for an effective Information Security Management System (ISMS). Implementing an ISMS not only enhances the overall profitability of a firm, but it also has a significant impact in various scenarios. In this study, we examined how ISMS implementation can assist corporations financially, with a specific focus on the moderating effect of Indian national culture. We analyzed financial performance following ISMS and ISO-27001 implementation using sample data from 420 Indian small and medium-sized enterprises (SMEs). By analyzing 256 survey questionnaires from 420 SMEs, we found that national culture amplifies the strong interaction between ISMS implementation and SME performance in India. We found that ISMS implementation increased the profitability of recognized Indian firms, supporting study hypotheses. The findings provide valuable insights for SMEs seeking to enhance financial performance through ISMS implementation, emphasizing the moderating role of national culture in shaping these outcomes. [ABSTRACT FROM AUTHOR]

From the perspective of firm capability, this study explores the impact of digital intelligence transformation and management innovation on the performance and sustainable development of Chinese firms. On the basis of constructing an evaluation index system of firm digital intelligence transformation and management innovation, a comprehensive evaluation model of firm digital intelligence transformation and management innovation is constructed via the analytic network process (ANP) and fuzzy comprehensive evaluation method. Taking Chinese film and television firms as an example, this study selects 160 data samples from 85 firms and constructs a structural equation model to empirically analyze the impact of digital intelligence transformation and management innovation on the performance of firms. The study results show that, in the context of digitalization and intelligence, firm digital intelligence capability and dynamic capability have a significant positive effect on firm performance. Firm digital intelligence transformation and management innovation directly impact performance and can play a role through firm digital intelligence capability and dynamic capability as intermediaries, and the chain intermediary effect of digital intelligence capability and dynamic capability is significant. The research results show that firm digital intelligence and dynamic capabilities provide a functional path for firm digital intelligence transformation and management innovation to improve performance. Moreover, the innovative application of digital intelligence technology has an important impact on the sustainable development of firms. Digital transformation and management innovation can help firms enhance their ability to manage environmental uncertainties, improve firm performance and foster the achievement of sustainable development goals. [ABSTRACT FROM AUTHOR]

Purpose: considering the resource-based view, embracing green supply chain management (GSCM) influences a firm's performance (FP). This study finds the nexus between GSCM and FP by analyzing the reporting trends among the authors, countries, and sources along with collaboration among countries and authors, the emerging topics, and different themes in this field with their impact, centrality, and density. Lastly, it probes into the different methodologies, affiliating concepts, influencers, drivers, and impacts of GSCM through content analysis. Design/methodology/approach: this paper spotted 1518 documents narrowed down to 938, pertinent to GSCM and performance, utilizing the Scopus database. It uses sources, authors, word analysis, coupling, network analysis of keywords, social structure, and conceptual structure analysis in the Biblioshiny package of Rstudio (Version 4.4.0) to identify the progress in the fields spanning through the decade (2014–2023). Moreover, content analysis has been used to study the concepts and contexts of different themes identified through thematic analysis. Findings: the study found Journal of cleaner production in sources, Sarkis in authors, and China in countries to have the highest no. of documents. Closed-loop, digital, and circular supply chains and Industry 4.0 have been identified as the trending topics. Moreover, the key themes identified are (1) Supply Chain Optimization Models for Sustainability, (2) Affiliating concepts to, and the relationship between, Sustainable Supply Chain Strategies and TBL Performance in Manufacturing Sectors of Developing Countries, (3) Life Cycle Analysis of Natural-Resource Based Supply Chains for Sustainability Assessment on TBL, and (4) Factors Influencing and Performances Impacted by GSCM. Originality/Value: this research adds to the previous literature by analyzing both the concepts of GSCM and FP collectively, and finding new themes in between their intersection. Implications: it will direct future researchers in choosing the right theme, methodology, intervening variables, affiliating concepts, and country and author collaboration for the fields related to GSCM and FP. [ABSTRACT FROM AUTHOR]

This research aims to present a holistic view of sustainable investments on firm performance by exploring the dimensions of sustainable investments and firm performance concerning Indian private and publicly listed companies. Panel data regression has been used to explore the relationship between sustainable investment and firm performance. The data of 75 BSE-listed companies has been extracted from Prowess IQ from 2012–2022.Two panels based on different ownership structures were created to observe the impact of sustainable investment and firm performance. The findings of this study indicate that sustainable investments positively impact firm performance in private ownership but negatively impact the firm's performance in public ownership. The study provides an extensive and holistic view of sustainable investments in Indian companies listed in the BSE, which can be helpful for researchers, professionals, and policymakers in the field. The findings of this research contribute to the solutions to socio-economic challenges and support sustainable development goals through sustainable investments. This research is one of the first attempts to provide a holistic view of sustainable investments by including various aspects of sustainability and firm performance in Indian listed companies and ownership. [ABSTRACT FROM AUTHOR]

This paper uses the data of nonfinancial firms from 49 countries to show that the benefits of improvements in COVID-19-induced sentiment accrue to firms that expend more resources on sustainable environmental, social, and governance (ESG) activities. The findings remain robust across various estimation strategies and across various subsamples. The findings also show that the social and environmental dimensions of ESG moderate the relationship between COVID-19-induced sentiment and firm performance. In contrast, the governance dimension has no significant impact. Our findings suggest that firms should prioritize the environmental and social dimensions of ESG to build resilience and protect themselves from adverse shocks. [ABSTRACT FROM AUTHOR]

In this research work, we investigate the direct impact of CEO power on corporate performance, as well as the mediating role of green innovation in this hypothesized relationship. In this study, we use observation data collected from 780 listed manufacturing companies, explicitly focusing on the Karachi Stock Exchange (KSE), and adopt a GMM (generalized method of moments) model for testing our hypotheses. The results of this research show that CEO power has a negative impact on sustainable corporate performance, while the mediating role of green innovation positively and completely regulates the effect of CEO power on enterprises' sustainable performance. This study adds novelty to the literature as it explores the influence of green innovation in manufacturing enterprises on CEO power and firm performance and observes the direct impact of green innovation and CEO power on sustainable business performance. The results of this study show that a green innovation strategy significantly affects CEO power and manufacturing firm performance and that companies that adopt green initiatives can increase corporate value and improve their reputation among stakeholders. The conclusions of this study have important implications for both theory and practice in this field. [ABSTRACT FROM AUTHOR]

This study explores the influence of consumer engagement for sustainability purposes on customer satisfaction and firm performance. Our study utilized unique actual data on the study variables to test these relationships in the context of S&P 500 firms. We collected data from 405 firms from 2013 to 2022. The analysis revealed that customer engagement is positively related to firm performance and customer satisfaction. The OLS approach demonstrated that a one-unit increase in CE resulted in an 8.1% improvement in company value and a 4.7% improvement in customer satisfaction. It also revealed that the relationship between customer engagement and firm performance is stronger when the company integrates climate change into their strategies. These findings offer meaningful implications for theory and practice in the context of sustainability. [ABSTRACT FROM AUTHOR]

The objective of this study was to examine the potential moderating effects of the relationship between macroeconomic variables and the financial liquidity of enterprises. Given the significance of liquidity for companies and the profound impact of the macroeconomic environment, a research gap was identified in relation to the limited number of studies investigating the influence of macroeconomic factors on corporate liquidity. Additionally, the limited scope of companies surveyed in this area, in terms of sector, size, capital market presence, and the limited range of macroeconomic variables examined were notable. Most importantly, the absence of studies examining moderators of the relationship between macroeconomic factors and liquidity was a significant concern. To this end, two main research questions were formulated. First, what factors moderate the relationship between macroeconomic variables and the financial liquidity of companies? Second, what is the nature of the moderating effects on the relationship between macroeconomic variables and corporate financial liquidity? This research employed panel data analysis on an unbalanced panel comprising 5327 Polish enterprises spanning from 2003 to 2021. The primary analytical technique utilised was linear regression (pooled OLS) with robust standard errors clustered at the firm level. The main results of this study indicate that: (1) debt level, profitability, and the fixed assets to total assets ratio are significant moderators of some of the relationships between macroeconomic variables and corporate liquidity; (2) debt level moderates the relationship between the ratio of internal expenditures on research and development to GDP and financial liquidity, as well as the relationship between inflation rate and liquidity; the relationship is statistically significant and positive only for those enterprises with above-median debt levels; (3) profitability moderates the relationship between the employment coefficient and financial liquidity, as well as the relationship between the inflation rate and liquidity; in the high-profitability group, those relationships are positive, whereas in the low-profitability group, they are negative; (4) the ratio of fixed assets to total assets moderates the relationship between the money supply and corporate financial liquidity; for enterprises with low asset flexibility, there is a negative relationship between the money supply and financial liquidity; conversely, for enterprises with high asset flexibility, there is a positive relationship between the money supply and financial liquidity; (5) the rationale behind these findings can be derived from capital structure theory and financial analysis theory. The results of this study represent a step towards a more comprehensive understanding of the relationship between the macro environment and corporate liquidity, as well as the factors that moderate this relationship from both a microeconomic and a macroeconomic perspective. The findings of this study may also inform policy decisions governing the corporate sector due to a more nuanced understanding of the relationships between macroeconomic factors and corporate liquidity. [ABSTRACT FROM AUTHOR]

Sustainability of biological, social, and economic systems is crucial for protecting our common future and preserving the balance between nature and humans. Environmental concerns should be adopted by all units of society and sustainability awareness should be adapted to all processes through optimum technologies both in daily life and in business management. The basic objective of this article is to determine the effects of green core competencies, green process innovation, and firm performance variables on each other and to examine the moderating role of sustainability consciousness on these effects. A survey and semi-structured interview forms were preferred as data collection methods. In the analysis of the survey data, AMOS was adopted to test the hypothetical model and the Hayes Process macro was employed to determine the moderating effect. The data of interview forms were analyzed with the bag of words model. The research results show that green core competencies positively affect green process innovation and green process innovation positively affects firm performance. In addition, the moderating effect of the attitudinal and behavioral dimensions of sustainability awareness on the impact of green process innovation on firm performance is supported, while the moderating effect of the sustainability knowingness dimension is not supported. [ABSTRACT FROM AUTHOR]

Amidst ongoing global economic and environmental crises, the concept of legitimacy has gained paramount importance for firms, which must not only survive but also maintain their legitimacy through comprehensive disclosures. This study investigates the mediating role of corporate governance in shaping firm performance and voluntary disclosure, emphasizing sustainability implications. Analyzing 82 firms across various sectors in Turkey from 2010 to 2020, the research reveals no direct relationship between corporate governance and equity. However, it identifies a partial mediation effect of corporate governance on the disclosure of general, strategic, and forward-looking financial information related to net profit. Critically, our findings demonstrate that corporate governance fully mediates the relationship between net profit and the disclosure of social and board information, with the magnitude of this indirect effect being complete. This underscores the fact that robust corporate governance enhances transparency in social and environmental reporting, thereby supporting firms in their efforts to align with sustainable business practices and stakeholder expectations. These results highlight the crucial role of effective governance in ensuring comprehensive disclosures that support the sustainability goals of modern enterprises. [ABSTRACT FROM AUTHOR]

This study utilizes a Cobb–Douglas production function and an instrumental variables regression approach to analyze the impact of quality certification and product diversification on asset productivity at the firm level. Analyzing a panel dataset of approximately 2500 firms from 2011, 2013, and 2015 showed that regional norms significantly influence adoption behaviors, which vary across industries and business types. The study reveals that firms employing computers and those with a larger scale are more inclined to adopt these strategies. The results showed that quality certification enhances asset productivity by approximately 26%, highlighting its positive role. In contrast, firms with diversified products exhibit about 18% lower asset productivity than mono-product firms, suggesting a trade-off inherent in diversification. The study concludes with policy recommendations emphasizing the promotion of quality certification while carefully considering the complexities and potential inefficiencies arising from product diversification strategies. [ABSTRACT FROM AUTHOR]

This research delves into the intricate interplay between green innovation performance (GIP), firm performance (FP), and corporate social responsibility (CSR) reporting, leveraging enterprise life stage performance as a pivotal moderator. Analyzing a robust sample of 5450 firm-year observations spanning from 2015 to 2021, this study employs OLS regressions with panel data sourced from the CSMAR and HEXUN databases to validate prevailing research hypotheses. The findings underscore the pivotal role of CSR reporting in augmenting corporate value while concurrently mitigating inadequacies within the system. Moreover, this study uncovers a nuanced relationship between CSR reporting, GIP, and FP in the context of China, revealing a significant moderation effect attributed to the enterprise life cycle. These revelations carry profound implications for CSR reporting stakeholders, including academics, practitioners, and regulators. Notably, they provide valuable insights to authorities and boards of directors concerning the growth potential of enterprises and states. A distinctive facet of this study lies in its exploration of the moderating influence of an enterprise's life stage on the relationship between CSR reporting and GIP or FP. [ABSTRACT FROM AUTHOR]

As the functioning of firms has been changing, the digital transformation process is becoming inevitable for all firms. Therefore, scholars and managers pay great attention to this topic. However, there are still significant gaps about its human-related antecedents, and existing studies on its effects on firm outcomes have presented contradictory findings. By addressing these gaps in the literature, this study examines the effect of transformational leadership and employee self-efficacy as human-related antecedents of digital transformation and also its impact on firm performance. Data were collected from 305 participants who are managers in the manufacturing sector. The findings indicate that both transformational leadership and employee self-efficacy are positively related to digital transformation. Results also reveal that digital transformation is associated with operational and financial performance, and that environmental uncertainty strengthens its relationship with financial performance. This research, therefore, contributes to digital transformation literature, deepens the current knowledge, and offers novel and comprehensive insight, by addressing the gaps in the literature. [ABSTRACT FROM AUTHOR]

Businesses are actively integrating sustainability principles into their operations by pursuing goals that go beyond reputation management, which all help companies capture value through growth and return on investment. This study aimed to investigate the current status of the Sustainable Workplace Equality Policy (SWEP) in an emerging country—Kuwait—and how it impacts firms' financial and market performance. This study included companies listed in the Kuwait Boursa (Boursa Kuwait is the operator of the Kuwait Stock Exchange) in the period between 2016 and 2021. A disclosure index was prepared for SWEP based on guidelines provided by a combination of various sources and standards such as the Global Reporting Initiatives (GRI) Standard, S&P Global Corporate Sustainability Assessment, Dow Jones Sustainability Index, United Nations Global Compact, and KPMG Sustainability Reporting Standards. Time series regression analysis was used to examine the hypotheses of this study which were developed using Rawls' Theory of Justice (1971). The results revealed a strong positive relationship between SWEP disclosure and firm measures of financial performance. The results also indicate that SWEP is value-relevant and affects firms' market value, suggesting that investors consider firms' disclosure of SWEP when making investment decisions in Kuwait. The results of the current study are of interest to several stakeholders, especially investors and policymakers. Specifically, this study is relevant to the Kuwaiti Government, which has defined a clear path for sustainable growth with the Vision 2035/New Kuwait initiative that is aimed at transforming the country into a financial and commercial hub for the region by 2035. [ABSTRACT FROM AUTHOR]

This study explores how the dimensions of corporate social responsibility (CSR) as defined by Carroll, along with environmental responsibility, impact business model innovation (BMI), competitive advantage, and firm performance in small- and medium-sized enterprises in Iran. This paper proposes a theoretical framework, based on past studies. Afterward, structural equation modeling was used to test the conceptual model. The data of this research were collected face-to-face, and 483 valid questionnaires were collected from small- and medium-sized businesses in Iran. The results show that all dimensions of CSR (except philanthropic) directly and significantly affect Business Model Innovation. Furthermore, the competitive advantage is significantly impacted by the economic, legal, and ethical aspects of CSR. Additionally, the findings demonstrate that both BMI and competitive advantage play a direct and substantial role in influencing a company's performance. This study represents one of the initial investigations to specifically analyze how each facet of corporate social responsibility influences Business Model Innovation and competitive advantage. It is worth noting that a new dimension, environmental responsibility, was incorporated into Carroll's original model due to the growing significance of environmental concerns. This paper gives managers a better insight into CSR and its effects on company performance. In addition, it shows managers which aspects of CSR can have an impact on BMI and competitive advantage. [ABSTRACT FROM AUTHOR]

In China, the development of a new energy sector relies heavily on economic policies. In the strategic context of sustainable development, it possesses profound theoretical and practical values to objectively and quantitatively explore the influences of economic policies on the new energy firms' performance. This paper proposes three hypotheses after conducting a theoretical analysis. This paper regards China's economic policy uncertainty index (EPU) as a policy shock indicator and utilizes the panel data of listed firms in China's new energy sector from 2008 to 2021 to explore the influence of EPU on China's new energy enterprises' performance. The research results show that EPU exerts a negative influence on the performance of new energy companies, and this negative impact is robust after the replacement of the explanatory variables. On this basis, we further investigate the influence of EPU on the new energy enterprises' performance in different ownership systems and different regions. It also shows that the impact of economic uncertainty is more obvious on non-state-owned enterprises and the western and central regions. Finally, countermeasures are proposed based on the study results. [ABSTRACT FROM AUTHOR]

This research applied the resource-based view (RBV) theory to examine the effects of entrepreneurial financial support on new ventures' performance via competitive advantage and innovation. A questionnaire survey was performed to collect data from 315 entrepreneurs of new ventures in the Ho Chi Minh City region. A quantitative method was applied, and partial least squares structural equation modeling (PLS-SEM) was utilized to confirm the significant relationships among variables of the research model. The findings demonstrated that all financial and operational performances of new venture constructs in this research model were completely supported. Furthermore, entrepreneurial financial support had the strongest direct and indirect effects on firm innovation and competitive advantage, while firm innovation and competitive advantage fully mediated relationships between entrepreneurial financial support and firms' financial and operational performance. Hence, this research solved extant debates in the literature, concurrently enhancing the RBV theory in the entrepreneurship context. In the post-COVID-19 pandemic era, it offers novel insight for governors and other stakeholders to build an efficient financial support system, while providing entrepreneurs with strategies to leverage said system to develop innovation for achieving better competitive advantage, leading to higher firm performance. [ABSTRACT FROM AUTHOR]

Supply chain collaboration is acknowledged for its benefits, but realizing these advantages can be challenging. The role of government subsidies in supply chain collaboration, collaborative advantage, and firm performance remains unclear. In this study, we explored how supply chain collaboration can enhance firm performance and the roles of collaborative advantage and government subsidies in that process. Firstly, we reviewed the related literature and proposed our hypotheses. Secondly, we formulated an innovative theoretical framework and issued our questionnaire after a pilot study. After collecting and evaluating the sample data, we utilized structural equation modeling to comprehensively examine those relationships in a supply chain, unlike the previous studies on trust, firm size, etc. Lastly, in the context of government interventions, this study addresses the question: "To what extent do government subsidies influence the relationships among supply chain collaboration, collaborative advantage, and firm performance?" Our findings indicate that supply chain collaboration is fundamental in shaping collaborative advantage and firm performance, while collaborative advantage is crucial in enhancing firm performance. Additionally, government support in the form of subsidies acts as a catalyst, further enhancing the positive outcomes of supply chain collaboration and ultimately benefiting firm performance. This research underscores the strategic significance of supply chain collaboration and government subsidies in promoting overall business success. By illuminating the roles of collaborative advantage and government subsidies in this context, this study contributes to a deeper understanding of the dynamic capability involved in achieving improved firm performance through effective supply chain collaboration. [ABSTRACT FROM AUTHOR]

Interest in firms' ESG performance is longstanding and growing. However, understanding remains fragmented across firms at different stages of their life cycle. This study investigates the role of life cycle stages in the relationship between ESG and firm performance in the Chinese context. Using a sample of 26,412 firm–year observations of firms listed in China from 2011 to 2021, the results provide evidence that, although ESG has a significant positive effect on firm performance, the effect is contingent on the stages of the firm's life cycle. The association between ESG and firm performance is more pronounced for firms in the growth and mature phases. We also find that this effect is enhanced for state-owned growth firms localized in regions with a lower marketization degree. Furthermore, the findings also extend the distinct mediation roles of institutional investors and the agency cost of free cash flow in the nexus of ESG and firm performance. This paper provides direct empirical evidence for a better understanding of firm's behavior across different life cycle stages, as well as helps to achieve a win–win situation of firm performance and social value. [ABSTRACT FROM AUTHOR]

Corporate social responsibility (CSR) has become a management strategy that simultaneously pursues societal and company sustainable development. Additionally, CSR is becoming a key strategy to secure competitiveness and sustainability by improving a company's reputation and creating new business opportunities. Thus, expectations and demands for companies' social impacts and sustainability from various stakeholders, such as shareholders, consumers, employees, and local communities, have begun to rise. This study focused on the distinctive factor of rapid economic growth, which characterizes Korean development, and analyzed the relationship between CSR and firm performance according to the industries' growth rates. Regression analysis was conducted through multi-level analysis using data from a sample of 102 companies that prepared sustainability reports or ESG reports in Korea; the research results are as follows. First, CSR activities have a positive impact on firm performance. Second, when CSR activities increase, the firm performance increases faster for companies in the high-growth industry group than those in the low-growth industry group. Furthermore, we conducted additional analyses to examine the moderating effect of industry growth and found that companies in the high-growth industry group had higher overall CSR levels than those in the low-growth industry group. This study's results provide meaningful implications for understanding how CSR affects a company's economic performance and acts as a way to strike a balance between industrial development and fulfilling social responsibility. [ABSTRACT FROM AUTHOR]

The aim of this study is to investigate the relationship between green technology R&D investment and corporate performance (ROA) of 44 Beijing-listed energy companies from 2016 to 2021 using a threshold regression model. The results show that there is an inverse W-shaped nonlinear relationship between green technology R&D investment and firm performance. This means that green technology R&D investments only have a positive effect on firm performance within an appropriate green technology R&D investment interval, and a negative effect occurs outside this interval. Additionally, the study analyses the influence of three threshold variables (firm size, capital structure and capital density) on the relationship between green technology R&D investment and firm performance. The results show that firm size has an inversely- U-shaped relationship, the capital structure has a negative nonlinear relationship and the capital density has an inversely N-shaped relationship. Optimal intervals are observed for all three threshold variables. Moreover, the study shows that the green technology R&D investment intensity has a lagged effect on firm performance. The positive influence weakens over time, and the negative influence becomes more pronounced. The findings of the study can help energy companies to develop green technology R&D innovation strategies, such as differentiating green technology R&D expenditures for companies in different development situations. It can also exploit the driving effect of green technology R&D investment on firm performance in the context of China's energy sector restructuring. [ABSTRACT FROM AUTHOR]

During the COVID-19 pandemic, many restaurants implemented online food delivery (OFD) platforms to serve customers. However, it remains unclear how restaurant managers decide to implement OFD and whether or not the implementation can improve performance. We view OFD implementation as a form of service innovation. This study investigates and explains the reasons why restaurants implemented an OFD platform during the COVID-19 pandemic, and the impact of that implementation on restaurant performance, based on service innovation theory. An internet survey was conducted to collect data from restaurant owners or managers to test the proposed research model. The results show that the perceived benefit of increasing the firm's reach is the key driver of OFD implementation, and the implementation has a positive impact on both financial and non-financial performance. A follow-up interview was also conducted to obtain the opinions of industry experts, who explained the phenomena. The research findings can advance our understanding of how restaurant managers decide to innovate by implementing OFD services and help them better understand whether and how the implementation of this service can actually improve performance. [ABSTRACT FROM AUTHOR]

This study investigated the role of Carbon disclosure on firm performance while considering the moderating role of management environmental training as it enhances the mechanisms of governance and monitoring practices. The data was collected from eleven European countries and listed in the Reuters Eikon database from 2016 to 2021. The Hausman test is used to test the usage of the panel method (panel data) with fixed and random effects. The results are the following: The management's environmental training played a moderating role in carbon emission disclosure, resulting in better firm performance. This means that management environmental training would play a vital role in addressing such disclosure issues and being prepared to formulate better measurements to tackle their effects. Our study is one of the few that analyzes how the moderating role of management environmental training in carbon emission disclosure results in better firm performance. [ABSTRACT FROM AUTHOR]

This study examines the influence of Knowledge Management (KM) on SMEs' performance using data from a survey of 210 owners/managers of Algerian Small and Medium Enterprises (SMEs) operating in the Food and Beverage (F&B) industry. It highlights the moderating effect of trust as a facilitator of the potential acquisition, sharing, and application of the company's knowledge to improve SMEs' financial and non-financial performance. To analyze this moderating effect, we used the method of second-generation structural equations (PLS-SEM) using SmartPLS 3.2.7 statistical software. The results show a significant and positive effect of knowledge management on SMEs' performance. On the other hand, these results indicate that the importance of the direct effect of KM on firm performance became very strong in the presence of a high level of trust. Implications of the study and future directions for research are discussed at the end of the study. [ABSTRACT FROM AUTHOR]

Executive stock incentives, as an important tool for attracting talent and achieving long-term development goals, have a profound impact on the development of green innovation in enterprises. Based on this, this article uses data from Chinese listed companies from 2007 to 2020 and employs a two-way fixed effects model and a two-stage least squares method to explore the impact of executive stock incentives on green innovation in China. The study found that executive stock incentives have a significant positive impact on green innovation in enterprises. This promotional effect is more pronounced in non-state-owned enterprise groups characterized by operating losses, reduced institutional holdings, and fewer negative media reports. Mechanism analysis suggests that increasing the intensity of executive stock incentives can enhance profitability, increase tolerance for failure, and promote increased investment in green innovation. Finally, based on the conclusions, relevant policy implications are drawn. [ABSTRACT FROM AUTHOR]

Sustainable development strategies are necessary to ensure sustainable performance even though resources are scarce in a firm. In this study, a two-stage production process is designed to analyze a firm's performance, including sustainability and marketability, using a two-stage network data envelopment analysis. This process will help managers of a firm understand how to improve sustainability and marketability efficiency. The relationship between environmental investment and firm performance is also investigated using truncated regression. The results show that the environmental innovation score (EIS) and resource use score (RUS) have significant negative relationships with firm performance in the short term due to the fact of additional expenses incurred during the innovative research and development of new products and services. Moreover, the study reveals that the emission score positively affects both sustainability efficiency and marketability efficiency, while EIS and RUS have no effects on the efficiencies. These empirical findings are meant to assist managers in better comprehending the characteristics of business sustainability across industries with varying scales and performance levels, offer better business strategies for resource allocation, and enhance a firm's performance in the post-pandemic era. [ABSTRACT FROM AUTHOR]

This study aims to apply the golden ratio to the capital structure of non-financial institutions in France and the United Kingdom to find the effect of the golden ratio's deviation from the capital structure on financial performance. A golden ratio is an irrational number with an approximate value of 1.618. In this paper, the golden ratio was applied to develop the assumption that the firm should use debt at a percentage of 61.8% and equity at 38.2%, which deviates from the capital structure variables. The final study sample consisted of 150 non-financial institution firms from France and 200 from the U.K. between 2002 and 2021. In addition, the general method of movement (GMM) was chosen to estimate the effect of capital structure variables deviating from the golden ratio on firms' financial performance. The study results show that when a firm uses equity at a percentage of 38.2% in its capital structure, it can have a positive and significant impact on its financial performance in both France and the U.K. However, the results show that the debt-to-equity ratio deviated from the golden ratio and had a negative and statistically significant effect on both countries' TOBQ, EPS, ROA, and ROE. Moreover, the firms' adoption of IFRS can positively and significantly impact financial performance in France and the UK. Generally, managers in France are encouraged to use 38.2% equity and 61.8% debt in their capital structure. However, managers in the U.K. should apply equity of 38.2% and debt of 61.8%, depending on the performance measurement demanded. [ABSTRACT FROM AUTHOR]

This paper evaluates the effect of intellectual capital (IC) on firm financial performance in the service sector in an emerging country, Vietnam. This research is dissimilar from earlier ones for the following reasons: (i) this is the first study of IC's impact on service firms at different knowledge intensity levels, sizes, and ownerships in an emerging country, Vietnam; (ii) it expresses empirical evidence in details of service activities, particularly the research and development, financial, and technology services that play significant roles for the development of emerging countries; (iii) it examines the effects of the gender issue, firms' responsiveness to the government and employees, and market concentration. Applying the two-step system GMM model for the period 2005–2014, the results express that IC components generally had significant impacts on firm performance. Human capital efficiency had the strongest positive impact while capital employed efficiency had the second strongest impact. The impact of structural capital efficiency was inconsistent, depending on the knowledge intensity levels and the types of service activities. IC is more efficient for knowledge-intensive sub-sectors than the less knowledge-intensive ones. IC efficiencies differ among knowledge intensity levels, sizes, and ownerships, suggesting that policy makers and firm leaders should implement corresponding solutions. [ABSTRACT FROM AUTHOR]

In accordance with the segregation of oversight from management decision making, the board-level information technology governance is accountable for supervising managerial IT activities. This research empirically analyzes the impact of board-level IT governance on the performance and earnings management practices of Saudi Arabian stock exchange (Tadawul)-listed companies between 2008 and 2020. The study sample includes cross-sectional time-series data from 154 firms with 18,018 firm-year observations. This study used regression analysis and other econometric models to examine probable endogeneities. The findings show that only the return on assets' operational performance is positively and significantly related to board-level IT governance among the three performance metrics (return on assets, return on equity, and Tobin's Q). This indicates that a higher proportion of members with IT experience and the presence of a board-level IT professional as chief information officer/chief technology officer and an IT committee positively impact operational performance. Finally, board-level IT governance competence and other governance attributes do not deter earnings management practices. Therefore, countries like Saudi Arabia should enhance their corporate governance environment considering the increasing significance of IT governance (control, service, and monitoring). There is also a need to review provisions of the Saudi Arabia Corporate Governance Regulations, especially for board composition, the appointment of independent and IT-literate directors, and penalties for non-compliance with regulations. [ABSTRACT FROM AUTHOR]

Responding to the latest demand for strategic human resource management research, the paper investigates the links between the strategic choice of sustainable competitive advantage for firms and the executive-employee compensation gap (EECG), and the moderating role of marketization degree in influencing such links between the two. A balanced panel of data consisting of 3900 annual observations of companies listed in China's Shanghai and Shenzhen A-share manufacturing industries from 2008 to 2017 is used as the research sample, using SPSS 23.0 and STATA 16.0 software. The paper makes empirical analysis using several methods, including factor analysis, correlation analysis, multiple linear regression analysis based on OLS/2SLS, and fixed effect regression analysis, respectively. The empirical results confirmed that the differentiation strategy had a positive effect on EECG, and the marketization degree would strengthen the positive effect; and that the cost leadership strategy had an inhibitory effect on EECG, and the marketization degree would strengthen the inhibitory effect. Further exploration has found that both differentiation and cost leadership strategies can effectively improve firm performance and enhance sustainable competitive advantage when matched with a moderately higher EECG; the level of participation of female executives in corporate governance would harm the performance consequences of differentiation strategy, while improving the performance consequences of cost leadership strategy. [ABSTRACT FROM AUTHOR]

This study investigates the effect of entrepreneurial orientation (EO; one of the most broadly acknowledged firm-level constructs) on the performance of small- and medium-sized enterprises (SMEs). Furthermore, we analyze the moderator effect of creating shared value (CSV) on firm performance. Our analysis was conducted using a structural equation model on a stratified sampling method of 294 manufacturing and service SMEs in Korea. The results show that an SME's efforts in some variables in EO constructs are statistically positively related to both its financial (economic benefits) and non-financial performance (social benefits). Our study results also reveal that there is a significant positive moderator effect of CSV on the EO-performance relationship. This implies that CSV, when bundled with EO, can boost firm performance and provide SMEs with not only a competitive and sustainable advantage but also reduces their risk. This research contributes to the extant literature by investigating the interactive effect of CSV on the relationship between EO and firm performance in the context of SMEs, which has received scant attention in the extant literature. In the last section, the limitations and future research agenda of this study are presented. [ABSTRACT FROM AUTHOR]

Digital marketing innovation plays an important role in a company's performance. Since this concept is quite new, there are not many empirical studies on the impact of marketing innovations. The purpose of this study is to examine the impact of digital marketing innovation on firm performance, consider the mediation effect of marketing capability on the impact of digital marketing capability on firm performance and explore the potential moderating effect of firm size on the mediation effect. Using KOSPI and KOSDAQ data and a linear moderated mediation estimation, we found that digital marketing innovation on firm performance through marketing capability has significant direct and indirect effects, with indirect effects greater than direct effects. Theoretical and practical implications are also discussed in this article. [ABSTRACT FROM AUTHOR]

Small and Medium-Scale Enterprises (SMEs) have been adopting corporate governance and international strategies to improve performance. However, little is known about the success of corporate governance practices and the international orientation of SMEs, especially in developing countries. Therefore, the objective of this paper is to examine the influence of corporate governance practices and international orientation on the performance of SMEs in a developing country. We used a survey to hand-collect data from 270 SMEs in Ghana in 2022. Consistent with prior studies, we perform robust reliability tests, including confirmatory factor analysis and the Cronbach alpha test. Further, we use the structural equation modelling to test the hypothesis of whether corporate governance and international orientation affect firm performance in SMEs. Our results are as follows. First, we found that international orientation drives good corporate governance practices, and this exerts a positive influence on firm performance. Second, we established that international orientation positively and significantly moderates the relationship between corporate governance and firm performance. The results imply that engaging in the international market offers new knowledge to SMEs in developing countries. Therefore, investors and the government should develop strategies and policies that support the internationalization of SMEs in developing countries. [ABSTRACT FROM AUTHOR]

Integrating green practices into supply chain management is an important issue for companies to combine both environmental responsibility and the goal of increasing profits. In this paper, we present a meta-analysis of the relationship between green supply chain management (GSCM) practices and firm performance. By using robust variance estimation, we can appropriately analyze dependent effect sizes that are common in the studies to be included in this meta-analysis. In this way, more information is extracted from the primary studies and the effects of moderator variables can be examined simultaneously. Based on 408 correlation coefficients (N = 30,568) from 134 studies, we find a significant mean positive relationship between GSCM practices and firm performance in general (r = 0.442), and in particular, for market-based, managerial, and accounting-based performance. However, the correlations vary considerably across studies. To explain this heterogeneity, we analyze the influence of different GSCM practices and organizational characteristics. [ABSTRACT FROM AUTHOR]

The main objective of this research is to generate insights about the effect of the depth and breadth of cloud computing assimilation on firm performance. The authors construct a research model based on several strands of theories to achieve the objective. This study considers two implementation alignment strategies: balanced fit and complementary fit, reflecting strategic choices made by organizations about the importance of the depth and breadth of cloud technology implementation. The model has been tested using a survey of Chinese businesses. The empirical study results show that cloud computing assimilation's depth and breadth, directly and indirectly, have a substantial positive effect, through organizational agility, on company performance. The depth and breadth of cloud deployment and organizational agility are also positively related. Furthermore, the complementary fit strategy has a major impact, whereas the balanced fit strategy has an insignificant effect on company performance. [ABSTRACT FROM AUTHOR]

Supply chain management is described as a business strategy that provides operative management of financial, material, and other information flows to ensure harmonization in distributed organizational structures. The predefined aim of this study was to describe the effects of green supply chain management practices on competitive strategic alliances using automobile firms in China. The study aimed to demonstrate different factors that aid strategic alliances, which automobile firms must acknowledge to improve their performance. Fifty automobile firms were used as the study population. The respondents were senior managers of five active areas in each automobile firm. There were a total of 420 respondents, among whom 320 respondents were selected by the convenience sampling method. The study was quantitative, while the data source was primary; the data were obtained using a closed-ended questionnaire as the major instrument for data collection. This closed-ended questionnaire was sent to the intended respondents via email and WeChat simultaneously. Five active areas were included, and Cronbach's alpha values were measured for each area. The values obtained ranged from 0.8 to 0.9, revealing the data's consistency and reliability. The primary data obtained were analyzed using descriptive statistics for demographic data and inferential structural equation modeling (SEM) for multivariate data. Considering the outcomes of the research analysis, it was concluded that forming competitive strategic alliances in firms to manage green supply chains could bring several benefits. [ABSTRACT FROM AUTHOR]

This paper examines the effects of adopting types of green innovation strategies on a firm's innovation success and performance. The empirical analysis applies propensity score and kernel matching to a Spanish firm panel during 2008–2016. The results provide robust evidence that the pursuit of green innovation strategies increases a firm's innovation success in the form of higher turnover due to new-to-market, or radical product innovation compared with innovating firms that do not adopt green innovation strategies. However, despite this positive effect on the competitiveness of firms that adopt green innovation strategies, they are generally little able to benefit in terms of their performance. While the results suggest improvements in the labour productivity of firms that adopt general green innovation strategies, no effects are experienced by firms that adopt green product innovation strategies. Moreover, the results suggest the absence of any firm performance benefits in terms of turnover or employment growth. These findings indicate that markets do not provide 'win-win' situations, and policy intervention is critical to support green innovation strategies. [ABSTRACT FROM AUTHOR]

This study examines the relationship between corporate social responsibility (CSR) and firm performance in the MENA region before and after COVID-19. It also seeks to understand how earnings management moderates that relationship. The final study sample consisted of 661 firm-year observations from 2007 to 2021. This study employed the random effect estimation (RE) method to examine the relationships and used GMM regression for robustness to investigate the results' consistency. The RE findings demonstrate that environmental, social, and governance (ESG) scores have a favorable impact on return on assets (ROA), even after adjusting for COVID-19. Regarding the moderating effect of EM, the outcome shows that CSR has an insignificant positive impact on financial performance. However, the results demonstrate that ESG has little impact on ROE. Additionally, the findings show a strong positive link between ESG and Tobin's Q. This study provides policymakers, board directors, and managers with a set of recommendations that are relevant to the context by enabling a better understanding of how managers react to CSR disclosure and the impact of minimizing earnings manipulation on firm performance. [ABSTRACT FROM AUTHOR]

The hospitality sector has been one of the worst-hit industries due to the onset of the COVID-19 pandemic, followed by nationwide lockdowns and curfews. Further, other factors, including the Russia–Ukraine war, commodity price rise, and recession, have acted as hurdles in the slow recovery process. Policy experts at different forums have advocated for proactive and robust measures by the government to reduce adverse impacts during these unprecedented times. To design such measures, determining the firm-specific factors that significantly impact their profitability is essential. In this context, this study tries to understand firm-specific factors that affect the hospitality sector's performance in India. It also explores whether the firm-specific characteristics have changed over time due to changes in political regimes and differ between private and publicly listed companies. Using a sample of 440 public and private hospitality firms for 11 years (2010–2020) and after controlling for unobserved heterogeneity using firm fixed effects, we tested the relationship between firm characteristics and performance. The estimation results demonstrate that the net asset turnover, liquidity, foreign earnings intensity, and age have significant, positive impacts on profitability. In contrast, solvency and size have negatively impacted firm performance. Further, we found differences in the magnitudes of coefficients for private and publicly listed companies. The findings provide important implications for managers and regulators to stimulate new solutions to overcome the ongoing difficult period. [ABSTRACT FROM AUTHOR]

Presently, particularly in China, the market for art education is still in the growth stage of industrial development. Nevertheless, there is a huge number of art education businesses competing for a share of China's art education industry, which is of a very modest size. Given the evolution of the economy and innovative culture, it is of the utmost necessity to comprehend both brand equity and corporate success in the present day. This study explored the relationship between brand equity and company performance under the adjustment of innovation culture using Chinese art education businesses as the baseline study. The present study examined the relationship between the five components of brand equity that are primarily comprised of brand awareness, brand association, perceived quality, brand loyalty, brand relevance, and brand equity with the moderating impact of innovation culture. A total of 300 respondents, including art education firm managers, teachers, and other key employees, participated in the survey and WarpPLS 8.0 was used to evaluate the proposed model. Subsequently, the statistical findings revealed a significant positive relationship between the brand equity components (i.e., perceived quality and brand relevance) and a firm's performance, while a firm's innovation culture was discovered to moderate the said relationship. The implications of these findings are further discussed. [ABSTRACT FROM AUTHOR]

This paper provides an in-depth study of how incremental innovation, a ubiquitous factor, affects the sustainability of performance of small- and large-sized firms differently. Specifically, this work examines the sustainability of firm growth in natural resource industries. In these industries, innovation is mainly based on processes in the form of incremental changes, and the adoption of innovations has significant sunk costs. We argue that, before incremental process innovation, firm performance is directly proportional to firm size. However, in the presence of incremental innovation events, firm performance is inversely proportional to firm size since smaller firms pose higher strategic flexibility and can adopt innovations faster. Our empirical findings highlight the relevance of incremental innovation as an inflection point of firm performance, creating a competitive opportunity window for small firms and a sustainability threat for large firms. [ABSTRACT FROM AUTHOR]

In the logistics service industry, the rapid advancement of Information Technology (IT) has cultivated a competitive dynamic that promotes uptake of logistics information technologies by Logistics Service Providers (LSPs). However, there remain many LSPs who have yet to embrace IT and thus have not realized their fullest competitiveness and financial success. This research conceptualizes the role of IT in logistics operations and investigates the degree to which IT, its usage, and its capabilities can affect LSP performance and competitiveness. The research interviews a logistics operations manager and the findings support that a firm's performance and competitive advantage are influenced by IT usage and (especially) capability. As IT capability complements service processes and allows for innovation in services, this research and suggested future research provide not only theoretical and technological but also managerial implications. [ABSTRACT FROM AUTHOR]

Current challenging environments pressure firms to improve their overall ESG performance. However, there is tension between the benefits of ESG disclosure and firm performance. We deepen the understanding of ESG disclosure's contribution to firms' cost of debt in an emerging economy context. This issue is critical in Latin America–a region with reduced financing, ample company heterogeneity, and scarce evidence associating ESG disclosure and firms' debt financing. Using fixed effects models, for the 2015–2020 period, we study Chilean listed firms. We explore two association channels between ESG disclosure and the cost of debt financing. Through a direct channel, greater disclosure relates to a lower cost; however, through an indirect channel, disclosure interacts with growth opportunities–a proxy for firms' prospective risk–and greater disclosure relates to a higher cost. Hence, evidence suggests that ESG disclosure affects the cost of financing in two opposite directions. Our results delve into how ESG disclosure encloses essential economic implications, particularly in countries that have recently adopted ESG practices: For regulators, on developing rules of ESG disclosure that consider their financial effects; for firms, on enhancing their ESG communications policies; and finally, for creditors, on the need to introduce ESG indicators in their financing decision-making. [ABSTRACT FROM AUTHOR]

Corporations are now expected to self-regulate in order to uphold their social obligations to society. This is known as the social responsibility of corporations or corporate social responsibility. CSR helps a business to be mindful of the impacts it has on the economy, society, and environment. The most important CSR component for the automotive industry is unquestionably environmental responsibility. Despite the fact that many businesses still place a strong emphasis on economic responsibility, it is widely acknowledged that all three CSR elements are essential for the success of a firm. This study's objective is to look into the effects of corporate social responsibility (CSR) on business performance in the automobile sector, with an emphasis on Asian nations. Sample companies were selected from the Thomson Reuters database according to the data availability on corporate social performance and firm performance for more than 10 years. Data analysis was performed using the software STATA. Fixed and random effects panel regression models were used to analyse the relationships. The findings of this study are consistent with the idea that corporate social responsibility considerably improves the performance of automobile companies. The study concludes that companies need to focus more on CSR spending, as it improves the financial performance of the company. The study contributes to the existing literature as it validates the strong relationship between CSR components and firm performance in the automobile sector, which has not been much explored in the extant literature. The results of the panel data regression demonstrated that not only the environmental score is significant in determining the firm performance; other components such as social and governance scores are also equally important in achieving the desired firm performance, which is totally against the common notion that since automobile firms cause much damage to the environment, they need to focus only on environmental aspects through their CSR initiatives. [ABSTRACT FROM AUTHOR]

Prior research has found mixed evidence regarding the relationships between board gender diversity (BGD) and firm value. Moreover, there is a lack of evidence on the channels through which BGD affects firm performance; hence, this paper tackles this issue. We aim to investigate the relationship between BGD and firm performance and to explore the mediating role of intellectual capital efficiency (ICE) in this relationship. Using a multivariate regression analysis and a sample of 4008 North American firms from 2002 to 2020 (14,382 firm-year observations), we find that gender diversity is positively related to financial performance, confirming that a diversified board improves board effectiveness and brings new resources to the firm, which allows it to improve its performance. More interestingly, the results of the Structural Equation Model (SEM) indicate that the relationship between gender diversity and performance is more pronounced with the mediating role of ICE. Our results are robust, controlling for the endogeneity and heteroscedasticity issues, with several controls for firm- and country-level characteristics, using alternative sample compositions and alternative econometric techniques, and including year, industry, country and firm-fixed effects. Interestingly, this paper shows strong evidence that the effect of BGD on firm value is more effective by incorporating the role of intellectual capital efficiency. [ABSTRACT FROM AUTHOR]

Technological innovation can restructure the production factors of enterprises, and it is an important factor for enterprises to meet market demand, improve competitiveness, form long-term competitive advantages and obtain sustainable development. This study focuses on the practical issue of the impact of technology innovation on firm performance. Taking 1166 listed companies in China from 2012 to 2020 as research samples, this study systematically investigates and reveals the impact of technological innovation on firm performance and its internal impact mechanism. The research shows that technological innovation significantly reduces firm performance, and that conclusion holds after an endogeneity test and a robustness test. The analysis of the impact mechanism shows that risk-taking is an important transmission path of corporate technological innovation affecting corporate performance and that technological innovation reduces firm performance by improving the risk-taking capacity. Finally, a heterogeneity test regarding the firm ownership shows that technological innovation has a significantly stronger negative impact on the performance of non-state-owned enterprises than on that of state-owned enterprises. The relevant government departments and market subjects should fully understand and give attention to the impact of enterprise technological innovation on firm performance and its mechanism, which has important practical significance for standardizing and strengthening enterprise R&D management, reducing the market and technological risks of firm technological innovation and perfecting modern enterprise systems. It is helpful for firms to form a sustainable technology innovation cycle development mode. [ABSTRACT FROM AUTHOR]

This study examines macroeconomic risk factors to investigate how they affect working capital management (WCM) and, ultimately, firm performance. Additionally, we examine the effect of credit default swaps (CDSs) as a countermeasure for WCM in the presence of volatile macroeconomic risk factors. In doing so, we use firm-level data from the United States, the United Kingdom, Germany, and China between 2006 and 2020. The two-step system generalized method of moments (GMM) estimation method is employed to analyze the study′s objectives. Results show that US, German, and Chinese firms are more conservative, while UK firms are more aggressive in maintaining WCM during economic policy uncertainty. Conversely, foreign exchange risks drive the USA, the UK, and Chinese firms to lengthen their cash conversion cycle level due to fear of value loss, while the opposite is true for German firms. Nevertheless, following CDS adoption, firms are more confident in working capital (WC) investment. CDSs eliminate the need for delayed receivables and payables and increased inventory as safety stock for US, UK, and Chinese firms. Finally, CDS interaction shows that USA, UK, and German firms may boost their profitability by increasing account receivable periods to create more sales, reducing account payable periods, and holding more inventories to expedite sales operations. Alternatively, CDSs suggest an optimal level of WC investment for Chinese firms. As a result, governments should consider CDS adoption in policy decisions when business performance sinks due to macroeconomic volatility. [ABSTRACT FROM AUTHOR]

The risk of frequent disasters is becoming a huge challenge for enterprises and their supply chains. In particular, sudden global public health events have brought a great test to the supply chain. How to make sustainable planning and preparedness and smoothly carry out supply chain operations and obtain sustainable firm performance in the complex market environment requires urgent attention from industries and academia. The different effects of supply chain operational capability and dynamic capability on the long-term performance and short-term performance of enterprises are still unclear; therefore, a model was established to discuss this. Based on the theory of dynamic capability, a relational model between supply chain dynamic capability, supply chain operational capability, and firm performance was constructed, a hypothesis testing method and Amos software were used to verify the set model, and the mechanisms of supply chain dynamic capability and supply chain operational capability on firm performance were discussed. The empirical results show that supply chain operational capability has a mediating effect on supply chain dynamic capability and firm performance, and supply chain dynamic capability has a moderating impact on supply chain operational capability and firm performance. The supply chain and its enterprises should cultivate and continuously improve the supply chain dynamic capability as soon as possible, so that in the face of emergencies, the supply chain operation capability can be reasonably configured to avoid damage, improve firm performance, and gain competitive advantages. [ABSTRACT FROM AUTHOR]

This study investigates the impact of sustainability reporting on firm performance. This paper also examines the moderating effect of family ownership on the relationship between sustainability disclosure and firm performance. The research sample consists of 850 primary and secondary sector companies listed on the Indonesian stock exchange between 2014 and 2020. This study generates its results using a panel model with Generalized Least Square (GLS) regression. This study concludes that sustainability disclosure has a positive impact on the financial performance of market- and accounting-based companies. Additionally, family businesses strengthen the link between sustainability disclosure and firm performance. The findings of this paper provide unique and useful information for company stakeholders and managers seeking to improve sustainability disclosure for optimal performance. In addition, it can be advantageous for the policymaker to establish the policy. This study contributes to the literature by providing comprehensive examination of the relationship between sustainability disclosure and company performance. [ABSTRACT FROM AUTHOR]

The purpose of this study was to test the impact of entrepreneurial marketing dimensions on firm performance in small and medium enterprises. Required data was gathered using the quantitative research approach. Particularly, the primary data was obtained through a structured survey from 153 SMEs operating in Saudi Arabia. The obtained data was then analyzed through SPSS and partial least square (PLS-SEM) approach to calculate the validity and reliability for the measurement items, and also to verify the impact of entrepreneurial marketing dimensions on firm performance. The results showed that customer intensity and value creation have positive effects on firm performance. The findings also confirmed that innovativeness and resource leveraging are positively correlated with firm performance. However, the effect of risk taking on firm performance was found insignificant. Finally, it was found that proactiveness and opportunity focus have significant positive effects on firm performance. This paper contributes to resource-advantage theory and empirical literature by addressing existing research gaps between the selected dimensions of entrepreneurial marketing and firm performance. It also contributes to the theory by bringing new insights from a Middle Eastern country owing to the lack of research on this topic, particularly in this region. [ABSTRACT FROM AUTHOR]