Browsing by Author "Konadu, R."

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    Environmental sustainability orientation and performance of family and nonfamily firms
    (Wiley, 2019-04-01) Adomako, Samuel; Amankwah-Amoah, J.; Danso, Albert; Konadu, R.; Owusu-Agyei, Samuel
    Despite the growing research evidence on the effect of environmental sustainability orientation (ESO) on firm outcomes, contingent factors that may influence the strength of this relationship have received little scholarly attention. In this study, we use insights from the literature on ESO and family business to introduce family status and firm age as moderators in the ESO-performance linkage. Using time-lagged data from 253 small and medium-sized enterprises (SMEs) in Ghana, we found the impact of ESO on firm performance is amplified for nonfamily firms but not significant for family firms. Our evidence suggests it is stronger among older firms than younger ones. Implications and directions for future research are discussed.
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    Environmental sustainability orientation, competitive strategy and financial performance
    (Wiley, 2019-02-18) Danso, Albert; Adomako, Samuel; Amankwah-Amoah, J.; Owusu-Agyei, Samuel; Konadu, R.
    Extant research has established that environmental sustainability orientation (ESO) has a positive influence on performance outcomes. Nevertheless, several contingencies tend to affect the strength of this relationship. In this study, we draw on natural resource-based theory to introduce competitive strategies as moderators in the ESO-performance nexus. Using time-lagged data obtained from 269 firms in Ghana, this study finds that firms pursuing the differentiation strategy can positively boost performance outcomes with ESO than without differentiation strategy. We also find that firms can use the low-cost or the integrated strategy to get higher impact on performance with ESO respectively. Based on the results, firms in Ghana do not need differentiation strategy in order to boost the effect of ESO on financial performance. Theoretical and practical implications are discussed.