The influence of interaction s with stakeholder s on the relationship between sustainable business model innovation and firm performance of Dutch construction companies
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2023-08-31
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en
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Abstract
The Dutch construction sector is confronted with a compelling need for sustainability, driven
by its significant contribution to global carbon emissions. Additionally, there is a growing
awareness o f the negative environmental and social impacts of traditional business models.
Sustainable business model innovation (SBMI) is identified as a pathway to integrate
sustainability into business operations, creating long term value. Furthermore, stakeholder
interaction is recognized in previous research as an essential factor to improve organizational
sustainability. Therefore, based on the stakeholder theory and resource dependence theory, this
study examines the influence of interaction with primary and secondary stakeholders on the
relationship between SBMI and firm performance in the context of the Dutch constructi on
sector. This study employs a quantitative research design involving a survey , the analysis
utilizes multiple regression analysis.
The results
this study show a non significant positive effect on firm performance, but a
significant negative effect on no n financial performance was revealed in sensitivity analysis.
This research concludes that the interaction both with primary and secondary stakeholders was
found to weaken the relationship between SBMI and firm performance. These findings provide
theoretic al and managerial implications for Dutch construction companies to achieve
sustainable development and enhanced firm performance.
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Faculteit der Managementwetenschappen