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Sustainability 2018, 10(6), 2003; https://doi.org/10.3390/su10062003

Green Initiatives Adoption and Environmental Performance of Public Listed Companies in Malaysia

1
Faculty of Technology Management and Technopreneurship, Universiti Teknikal Malaysia Melaka, Hang Tuah Jaya, Durian Tunggal 76100, Malaysia
2
Faculty of Economics and Management, Universiti Putra Malaysia, Serdang 43400, Malaysia
3
Putra Business School, Universiti Putra Malaysia, Serdang 43400, Malaysia
4
Faculty of Engineering Technology, Universiti Teknikal Malaysia Melaka, Hang Tuah Jaya, Durian Tunggal 76100, Malaysia
*
Author to whom correspondence should be addressed.
Received: 6 March 2018 / Revised: 18 May 2018 / Accepted: 23 May 2018 / Published: 14 June 2018
(This article belongs to the Special Issue Environmentally Sustainable Competitive Strategies)
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Abstract

Environmental issues bring about thoughtful questions on the roles of business organisations in society. Irrespective of whether they are contributing to a better environment or worsening it, organisations have to acknowledge environmental or green issues through impact research and measurement. This article aims to examine the extent of green initiatives adoption and its impact on environmental performance of public listed companies (PLCs) in Malaysia. A questionnaire survey was conducted on PLCs and data from 120 samples were analysed using a statistical tool partial least square-structural equation modelling (PLS-SEM). Interviews were also conducted with a few selected companies to obtain in-depth information on green practices and to support the survey findings. The findings reveal that the extent of green initiatives adoption and environmental performance is at moderate level. Green initiatives adoption positively affects the environmental performance of Malaysian PLCs. The present study contributes to the literature of environmental management in the context of green and sustainable development. It also provides some important contributions for management practices by providing empirical evidence to managers that green initiatives should be extensively adopted to enhance environmental performances. View Full-Text
Keywords: green initiatives adoption; environmental performance; public listed companies; Malaysia green initiatives adoption; environmental performance; public listed companies; Malaysia
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Abdul Aziz, N.A.; Ong, T.S.; Foong, S.Y.; Senik, R.; Attan, H. Green Initiatives Adoption and Environmental Performance of Public Listed Companies in Malaysia. Sustainability 2018, 10, 2003.

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