An examination of the effects of financial and process innovation on the sustainability of businesses under the influence of entrepreneurial leadership: a research in energy companies

IF 1.1 Q4 BUSINESS
Fatma Sonmez Cakir, Zafer Adiguzel
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Abstract

PurposeCompanies must implement sustainability measures in order to survive due to the relationship between financial, social and environmental performances. These elements must be integrated into the business in a complementary manner in this regard. As a result, this study aims to investigate the effects of entrepreneurial leadership on sustainability, as well as financial and process innovation.Design/methodology/approachWithin the scope of the research, a survey was conducted with 295 white-collar employees working in energy companies. SPSS 25, the LISREL program, and SOBEL analysis were used to determine the relationships between the variables.FindingsIn the research, financial innovation perceptions and process innovation activities have a positive effect on business sustainability and entrepreneurial leadership. As both an independent and a mediating variable, entrepreneurial leadership has a positive impact on business sustainability.Research limitations/implicationsCompanies engaged in renewable energy production, operating in the Marmara region, constitute the sample mass. For this reason, it would be more accurate to evaluate the results obtained in this research only for companies producing renewable energy.Practical implicationsIt is concluded that energy companies should prioritize financial and process innovations and that entrepreneurial leadership is required to ensure the sector's long-term viability.Originality/valueThis paper is an innovative study in terms of the scope and content of the research as data are collected and analyzed from companies that produce renewable energy.
在企业家领导的影响下,金融和流程创新对企业可持续性影响的检验:一项对能源公司的研究
由于财务、社会和环境绩效之间的关系,公司必须实施可持续发展措施才能生存。在这方面,这些要素必须以互补的方式整合到业务中。因此,本研究旨在探讨企业家领导力对可持续性以及财务和流程创新的影响。设计/方法/方法在研究范围内,对295名在能源公司工作的白领进行了调查。采用SPSS 25、LISREL程序和SOBEL分析确定各变量之间的关系。研究发现,金融创新认知和流程创新活动对企业可持续性和创业领导力有正向影响。企业家领导力对企业可持续性具有正向影响,既是一个独立变量,也是一个中介变量。研究局限/启示从事可再生能源生产的公司,在马尔马拉地区经营,构成样本质量。因此,仅对生产可再生能源的公司评估本研究的结果更为准确。本文的结论是,能源公司应优先考虑财务和流程创新,并且需要企业家领导才能确保该部门的长期生存能力。原创性/价值这篇论文在研究的范围和内容方面是一个创新的研究,因为数据是从生产可再生能源的公司收集和分析的。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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