Human capital efficiency, corporate sustainability, and performance: Evidence from emerging economies

IF 8.3 2区管理学 Q1 BUSINESS

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-27 DOI:10.1002/csr.3013

Yaser Saleh Al frijat, Ahmed A. Elamer

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Abstract

This study examines how corporate sustainability (CS) influences the relationship between human capital (HC) effectiveness and corporate performance (CP) in the context of emerging economies. Drawing on HC theories and CS, we employ partial least squares structural equation modeling (PLS-SEM) to analyze data from 94 industrial and service firms listed on the Amman Stock Exchange (ASE) between June and October 2022. Our findings reveal the dual role of HC, which not only directly influences CP but also significantly reinforces CS efforts. This research contributes to strategic management literature by highlighting the mediating role of CS in the HC-performance nexus. The results underscore the strategic value of HC in enhancing sustainable practices, which positively affect CP. These insights are particularly relevant for emerging economies, where understanding the role of HC can guide corporate strategies toward sustainable growth. Theoretical and practical implications are discussed, with a focus on the importance of HC development to promote resilience and support sustainability goals in emerging markets. Future research could explore these dynamics across other industries and regions.

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人力资本效率、企业可持续性与绩效：来自新兴经济体的证据

本研究探讨了新兴经济体背景下企业可持续性（CS）如何影响人力资本（HC）有效性与企业绩效（CP）之间的关系。利用HC理论和CS，我们采用偏最小二乘结构方程模型（PLS-SEM）分析了2022年6月至10月在安曼证券交易所（ASE）上市的94家工业和服务公司的数据。我们的研究结果揭示了HC的双重作用，它不仅直接影响CP，而且显著加强了CS的努力。本研究通过强调CS在hc -绩效关系中的中介作用，为战略管理文献做出了贡献。研究结果强调了HC在加强可持续实践方面的战略价值，这对CP产生了积极影响。这些见解与新兴经济体特别相关，在新兴经济体中，理解HC的作用可以指导企业实现可持续增长的战略。讨论了理论和实践意义，重点讨论了HC发展对促进新兴市场恢复力和支持可持续发展目标的重要性。未来的研究可以探索其他行业和地区的这些动态。

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来源期刊

Corporate Social Responsibility and Environmental Management Multiple-

CiteScore

17.20

自引率

16.30%

发文量

189

期刊介绍： Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas. The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.