The Moderating Effect of Relational Capital and Board Gender Diversity on the Relationship Between Environmental Performance and Firm Performance in the Airline Industry
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引用次数: 0
Abstract
This study introduces a novel moderated moderating framework to investigate the influence of relational capital on the relationship between environmental and firm performances in the airline industry, with board gender diversity as a moderating factor. It employs a chance‐constrained network data envelopment analysis approach based on an enhanced Russell‐based directional distance measure to address the randomness of data and assess airline efficiencies. This study also conducts a biplot analysis to identify the advantages and disadvantages of airlines based on their efficiencies. The results from an analysis of 40 airlines show that environmental performance has a more significant effect on profitability than on operational efficiency. Notably, relational capital does not always enhance the relationship between environmental and firm performances; instead, it moderates the relationship between environmental performance and profitability efficiency when the board gender diversity of the firm is high.
期刊介绍:
Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.