Journal ArticleDOI
Interdependence among dimensions of sustainability: Evidence from the Indian leather industry
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TLDR
In this article, the authors investigated the interdependence among dimensions of sustainability, i.e. economic, social and environmental performance, focusing on leading states of the Indian leather industry.Abstract:
Purpose
The purpose of this paper is to investigate the interdependence among dimensions of sustainability, i.e. economic, social and environmental performance, this study focuses on leading states of the Indian leather Industry.
Design/methodology/approach
This study followed exploratory research where partial least square (PLS) based structural equation modeling has been used. The states have been selected based on judgmental sampling. The study used unit level data for the leading states of Indian leather Industry − namely, Tamil Nadu (TN), West Bengal and Uttar Pradesh. The study has used Annual Survey of Industry data from 2007-2008 to 2011-2012. The proposed hypotheses have been tested using WarpPLS 5.0 software.
Findings
The structural equation analysis of unit-wise leather industry data supports a significant bi-directional negative relationship between social performance and economic performance among all the selected states. In contrast, the relationship between economic performance and environmental performance, as expected and supported by many existing theories, has shown a bidirectional positive relationship. However, the relationship between social and environmental performance has shown quite mysterious and mixed trends. TN has depicted significantly negative coefficients, which could be attributed to higher pressure for environmental compliance that might have led to a trade-off between the two to gain cost competitiveness.
Research limitations/implications
Unavailability of data for many critical indicators is the biggest limitation of this study.
Originality/value
The sustainability framework proposed in this work is an original contribution of authors to the existing literature. Moreover, this study on the Indian leather industry fills the gap and resolves the mystery of interconnection among the dimensions of sustainability.read more
Citations
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References
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Book
A primer on partial least squares structural equation modeling (PLS-SEM)
TL;DR: The Second Edition of this practical guide to partial least squares structural equation modeling is designed to be easily understood by those with limited statistical and mathematical training who want to pursue research opportunities in new ways.
Book
Capitalism and Freedom
TL;DR: In the classic bestseller, Capitalism and Freedom, Friedman presents his view of the proper role of competitive capitalism as both a device for achieving economic freedom and a necessary condition for political freedom as mentioned in this paper.
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The corporate social performance-financial performance link
Sandra Waddock,Samuel B. Graves +1 more
TL;DR: In this article, the authors report the results of a rigorous study of the empirical linkages between financial and social performance, finding that corporate social performance (CSP) is positively associated with prior financial performance, supporting the theory that slack resource availability and CSP are positively related.
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Partial least squares structural equation modeling (PLS-SEM): An emerging tool in business research
TL;DR: Partial least squares (PLS) is an evolving approach to structural equation modeling (SEM), highlighting its advantages and limitations and providing an overview of recent research on the method across various fields as discussed by the authors.
Green and Competitive: Ending the Stalemate
TL;DR: The Dutch flower industry has responded to its environmental problems by developing a closed-loop system to reduce the risk of infestation, reducing the need for fertilizers and pesticides, and improving product quality as mentioned in this paper.