Green initiatives adoption and environmental performance of public listed companies in Malaysia

Environmental issues bring about thoughtful questions on the roles of business organisations in society. Irrespective of whether they are contributing to a better environment or worsening it, organisations have to acknowledge environmental or green issues through impact research and measurement. Thi...

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Main Authors: Abdul Aziz, Nor Azah, Ong, Tze San, Foong, Soon Yau, Senik, Rosmila, Attan, Hassan
Format: Article
Language:English
Published: MDPI 2018
Online Access:http://psasir.upm.edu.my/id/eprint/72865/
http://psasir.upm.edu.my/id/eprint/72865/1/Green%20initiatives%20adoption%20and%20environmental%20performance%20of%20public%20listed%20companies%20in%20Malaysia%20.pdf
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author Abdul Aziz, Nor Azah
Ong, Tze San
Foong, Soon Yau
Senik, Rosmila
Attan, Hassan
author_facet Abdul Aziz, Nor Azah
Ong, Tze San
Foong, Soon Yau
Senik, Rosmila
Attan, Hassan
author_sort Abdul Aziz, Nor Azah
building UPM Institutional Repository
collection Online Access
description Environmental issues bring about thoughtful questions on the roles of business organisations in society. Irrespective of whether they are contributing to a better environment or worsening it, organisations have to acknowledge environmental or green issues through impact research and measurement. This article aims to examine the extent of green initiatives adoption and its impact on environmental performance of public listed companies (PLCs) in Malaysia. A questionnaire survey was conducted on PLCs and data from 120 samples were analysed using a statistical tool partial least square-structural equation modelling (PLS-SEM). Interviews were also conducted with a few selected companies to obtain in-depth information on green practices and to support the survey findings. The findings reveal that the extent of green initiatives adoption and environmental performance is at moderate level. Green initiatives adoption positively affects the environmental performance of Malaysian PLCs. The present study contributes to the literature of environmental management in the context of green and sustainable development. It also provides some important contributions for management practices by providing empirical evidence to managers that green initiatives should be extensively adopted to enhance environmental performances.
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spelling upm-728652021-03-26T01:14:22Z http://psasir.upm.edu.my/id/eprint/72865/ Green initiatives adoption and environmental performance of public listed companies in Malaysia Abdul Aziz, Nor Azah Ong, Tze San Foong, Soon Yau Senik, Rosmila Attan, Hassan Environmental issues bring about thoughtful questions on the roles of business organisations in society. Irrespective of whether they are contributing to a better environment or worsening it, organisations have to acknowledge environmental or green issues through impact research and measurement. This article aims to examine the extent of green initiatives adoption and its impact on environmental performance of public listed companies (PLCs) in Malaysia. A questionnaire survey was conducted on PLCs and data from 120 samples were analysed using a statistical tool partial least square-structural equation modelling (PLS-SEM). Interviews were also conducted with a few selected companies to obtain in-depth information on green practices and to support the survey findings. The findings reveal that the extent of green initiatives adoption and environmental performance is at moderate level. Green initiatives adoption positively affects the environmental performance of Malaysian PLCs. The present study contributes to the literature of environmental management in the context of green and sustainable development. It also provides some important contributions for management practices by providing empirical evidence to managers that green initiatives should be extensively adopted to enhance environmental performances. MDPI 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/72865/1/Green%20initiatives%20adoption%20and%20environmental%20performance%20of%20public%20listed%20companies%20in%20Malaysia%20.pdf Abdul Aziz, Nor Azah and Ong, Tze San and Foong, Soon Yau and Senik, Rosmila and Attan, Hassan (2018) Green initiatives adoption and environmental performance of public listed companies in Malaysia. Sustainability, 10 (6). pp. 1-14. ISSN 2071-1050 https://www.mdpi.com/2071-1050/10/6/2003 10.3390/su10062003
spellingShingle Abdul Aziz, Nor Azah
Ong, Tze San
Foong, Soon Yau
Senik, Rosmila
Attan, Hassan
Green initiatives adoption and environmental performance of public listed companies in Malaysia
title Green initiatives adoption and environmental performance of public listed companies in Malaysia
title_full Green initiatives adoption and environmental performance of public listed companies in Malaysia
title_fullStr Green initiatives adoption and environmental performance of public listed companies in Malaysia
title_full_unstemmed Green initiatives adoption and environmental performance of public listed companies in Malaysia
title_short Green initiatives adoption and environmental performance of public listed companies in Malaysia
title_sort green initiatives adoption and environmental performance of public listed companies in malaysia
url http://psasir.upm.edu.my/id/eprint/72865/
http://psasir.upm.edu.my/id/eprint/72865/
http://psasir.upm.edu.my/id/eprint/72865/
http://psasir.upm.edu.my/id/eprint/72865/1/Green%20initiatives%20adoption%20and%20environmental%20performance%20of%20public%20listed%20companies%20in%20Malaysia%20.pdf