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Sustainable product attributes and firm performance: The moderating role of marketing resource intensity
- Source :
- Business Strategy and the Environment. 30:4107-4120
- Publication Year :
- 2021
- Publisher :
- Wiley, 2021.
-
Abstract
- This paper aims to study the performance implications of sustainable product attributes (SPA) of US manufacturing firms. Specifically, it analyzes the influence of aggregate and disaggregated SPA on firm profitability. The study further explores the moderating influence of marketing resource intensity on aggregate and disaggregated SPA and firm profitability relationships. The fixed-effect regression analysis of 433 US manufacturing firms’ panel dataset reveals that aggregate and disaggregated SPA positively influence the firm profitability. The moderation analysis also confirms the positive influence of marketing resource intensity on aggregate and disaggregated SPA and firm profitability relationship. The current paper contributes to the triple-bottom-line and theory-of-the-firm literature streams by empirically studying the influence of aggregate and disaggregated SPA on firm profitability. Furthermore, this study uses the resource-based view to complement theory-of-the-firm model of SPA and empirically study the moderating role of marketing resource intensity between aggregate and disaggregated SPA and firm profitability. Finally, the findings inform the managers of the increased firm profitability by aggregate and disaggregated SPA, and the pivotal role of marketing resource intensity in strengthening the positive influence of aggregate and disaggregated SPA on US manufacturing firms’ profitability.
- Subjects :
- socially sustainable product attributes
Resource intensity
Strategy and Management
Triple bottom line
Geography, Planning and Development
Theory of the firm
triple-bottom-line
firm profitability
resource-based view
theory-of-the-firm
Management, Monitoring, Policy and Law
environmentally sustainable product attributes
marketing resource intensity
Resource-based view
sustainable product attributes
Product (category theory)
Business
Business and International Management
Industrial organization
Subjects
Details
- ISSN :
- 10990836 and 09644733
- Volume :
- 30
- Database :
- OpenAIRE
- Journal :
- Business Strategy and the Environment
- Accession number :
- edsair.doi.dedup.....3f52bf4287bcbfefe8d8afe8a2d8f2f5
- Full Text :
- https://doi.org/10.1002/bse.2859