Publication detail

Do environmental and ethical aspects of interfunctional coordination lead to smaller business performance?

TOMÁŠKOVÁ, E. KAŇOVSKÁ, L.

Original Title

Do environmental and ethical aspects of interfunctional coordination lead to smaller business performance?

English Title

Do environmental and ethical aspects of interfunctional coordination lead to smaller business performance?

Type

journal article in Web of Science

Language

en

Original Abstract

The paper deals with interfunctional coordination (IFC) from ethical and environmental point of view. It will be interesting to know if the parts of IFC connected with ethical and environmental aspects have positive or negative influence on business performance. Data was gained from 60 SMEs producing electrical equipment and electronic components in the Czech Republic. It was used the survey questionnaire and critical discussion with the literature. Kaiser-Meyer-Olkin (KMO) test and Bartett´s sphericity test was applied. Spearman’s rank correlation were used for analysing the influence of ethical and environmental aspect on business performance. The results show: (1) a positive relation between ethical aspects and business performance, (2) no positive relation between implementation of environmental aspects and business performance, and (3) no difference in results in marketing business performance and financial business performance. The results can suggest that, a preference towards ethical decisions and behaviour leads to a higher business performance and by contraries, environmental aspects leads to smaller business performance. The collected data shows that environmental and ethical decisions of managers in the Czech Republic can differ from environmental and ethical decisions of managers in different countries.

English abstract

The paper deals with interfunctional coordination (IFC) from ethical and environmental point of view. It will be interesting to know if the parts of IFC connected with ethical and environmental aspects have positive or negative influence on business performance. Data was gained from 60 SMEs producing electrical equipment and electronic components in the Czech Republic. It was used the survey questionnaire and critical discussion with the literature. Kaiser-Meyer-Olkin (KMO) test and Bartett´s sphericity test was applied. Spearman’s rank correlation were used for analysing the influence of ethical and environmental aspect on business performance. The results show: (1) a positive relation between ethical aspects and business performance, (2) no positive relation between implementation of environmental aspects and business performance, and (3) no difference in results in marketing business performance and financial business performance. The results can suggest that, a preference towards ethical decisions and behaviour leads to a higher business performance and by contraries, environmental aspects leads to smaller business performance. The collected data shows that environmental and ethical decisions of managers in the Czech Republic can differ from environmental and ethical decisions of managers in different countries.

Keywords

Ethical aspects; Environmental aspects; Interfunctional Coordination (IFC); Business Performance, SME.

Released

16.10.2019

Publisher

Vilnius Gediminas Technical University

Location

Vilnius

Pages from

1282

Pages to

1292

Pages count

11

URL

BibTex


@article{BUT157623,
  author="Eva {Tomášková} and Lucie {Kaňovská}",
  title="Do environmental and ethical aspects of interfunctional coordination lead to smaller business performance?",
  annote="The paper deals with interfunctional coordination (IFC) from ethical and environmental point of view. It will be interesting to know if the parts of IFC connected with ethical and environmental aspects have positive or negative influence on business performance. Data was gained from 60 SMEs producing electrical equipment and electronic components in the Czech Republic. It was used the survey questionnaire and critical discussion with the literature. Kaiser-Meyer-Olkin (KMO) test and Bartett´s sphericity test was applied. Spearman’s rank correlation were used for analysing the influence of ethical and environmental aspect on business performance. The results show: (1) a positive relation between ethical aspects and business performance, (2) no positive relation between implementation of environmental aspects and business performance, and (3) no difference in results in marketing business performance and financial business performance. The results can suggest that, a preference towards ethical decisions and behaviour leads to a higher business performance and by contraries, environmental aspects leads to smaller business performance. The collected data shows that environmental and ethical decisions of managers in the Czech Republic can differ from environmental and ethical decisions of managers in different countries.",
  address="Vilnius Gediminas Technical University",
  chapter="157623",
  doi="10.3846/tede.2019.11245",
  howpublished="online",
  institution="Vilnius Gediminas Technical University",
  number="6",
  volume="25",
  year="2019",
  month="october",
  pages="1282--1292",
  publisher="Vilnius Gediminas Technical University",
  type="journal article in Web of Science"
}