TY - JOUR
T1 - Cultural Influence on Corporate Sustainability
T2 - A Board of Directors Perspective
AU - Escandon-Barbosa, Diana
AU - Salas-Paramo, Jairo
AU - Duque, José Luis
N1 - Publisher Copyright:
© 2023 by the authors.
PY - 2023/11/6
Y1 - 2023/11/6
N2 - This research aims to analyze the triple moderating effect of the board of directors in the country culture of a firm and its influence on the relationship between organizational innovation and organizational learning in corporate sustainability. A survey of 400 exporting companies of different commercial products from Colombia, Peru, Ecuador, and Bolivia was used to carry out this research. We used the structural equations model to explore the analysis of the causal and moderation relationships between the variables under study. As a result, it was found that the influence of the board of directors of a firm is essential for innovation processes because they drive their results to corporate sustainability. This last approach is due to the strategic approach adopted by large companies. In the case of SMEs, it was not possible to demonstrate that the board of directors has such a degree of influence. In the case of the moderating effect of the board of directors on the country’s culture, it was possible to observe that the board of directors becomes a factor in the firm’s performance despite its geographical location, which determines the influence of culture on its operation in corporations such as SMEs.
AB - This research aims to analyze the triple moderating effect of the board of directors in the country culture of a firm and its influence on the relationship between organizational innovation and organizational learning in corporate sustainability. A survey of 400 exporting companies of different commercial products from Colombia, Peru, Ecuador, and Bolivia was used to carry out this research. We used the structural equations model to explore the analysis of the causal and moderation relationships between the variables under study. As a result, it was found that the influence of the board of directors of a firm is essential for innovation processes because they drive their results to corporate sustainability. This last approach is due to the strategic approach adopted by large companies. In the case of SMEs, it was not possible to demonstrate that the board of directors has such a degree of influence. In the case of the moderating effect of the board of directors on the country’s culture, it was possible to observe that the board of directors becomes a factor in the firm’s performance despite its geographical location, which determines the influence of culture on its operation in corporations such as SMEs.
KW - corporate sustainability
KW - Board directors
KW - SMEs
KW - board of directors
KW - corporate sustainability
KW - country culture
KW - multinational firms
KW - organizational innovation
KW - organizational learning
UR - http://www.scopus.com/inward/record.url?scp=85180683885&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/0d438705-fc68-3231-97ad-f0762334f15a/
U2 - 10.3390/ijfs11040132
DO - 10.3390/ijfs11040132
M3 - Article
AN - SCOPUS:85180683885
SN - 2227-7072
VL - 11
JO - International Journal of Financial Studies
JF - International Journal of Financial Studies
IS - 4
M1 - 132
ER -