Correction: Bensouda, M.; Benali, M. Overcoming Risk Aversion Regarding Energy Efficiency Practices Through Mimetic Pressure and Financial Slack: Findings from the Moroccan Manufacturing Sector. Sustainability 2022, 14, 16261
and
Laboratory of Research and Studies in Management, Entrepreneurship and Finance (LAREMEF), National School of Commerce and Management of Fez, Sidi Mohamed Ben Abdellah University, Fes 30050, Morocco
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Author to whom correspondence should be addressed.
In the original publication [1], Reference [82] was included incorrectly. After careful review, the authors found that this reference is not relevant to the content of the manuscript and therefore should be deleted.
Accordingly:
Reference [82] has been removed from the reference list.
In the main text and Table 10, the citation of Reference [82] has been removed. The sentence
“Mimetic pressure dampens the negative relationship between risk aversion and energy efficiency practices. This result is consistent with our previous expectation. The previous literature assumes that external pressure (in this case, mimetic pressure) could play a moderating role to improve sustainability within companies [48,82]”.
has been changed to
“Mimetic pressure dampens the negative relationship between risk aversion and energy efficiency practices. This result is consistent with our previous expectation. The previous literature assumes that external pressure (in this case, mimetic pressure) could play a moderating role to improve sustainability within companies [48]”.
Table 10.
Comparison between previous studies’ results and the current study’s results.
Table 10.
Comparison between previous studies’ results and the current study’s results.
Reference
Findings
Previous studies
H1
[5,80]
High level of risk aversion decreases sustainability practices
H2
[28,32,33]
Companies are more likely to adopt EEP that their peers have benefited from
H3
[50,81]
Companies that perceive higher mimetic pressure are less likely to be risk averse
H4
[48,82]
External pressure could play a moderating role to improve sustainability within companies
H5
[51]
Financial slack leads to more energy efficiency practices within companies
[83]
Financial slack inhibits energy saving within companies
[28]
Financial slack does not accelerate energy efficiency practices within companies, unless it is mediated by other factors
H6
[84,85]
High level of financial slack leads companies to be less risk averse
H7
[84,85]
High level of financial slack directly reduces risk aversion, and this translates into innovative practices/behaviors
Current study
H1
High level of risk aversion decreases sustainability practices
H2
Companies are more likely to adopt EEP that their peers have benefited from
H3
Companies that perceive higher mimetic pressure are less likely to be risk averse
H4
External pressure could play a moderating role to improve sustainability within companies
H5
Financial slack leads to more energy efficiency practices within companies
H6
High level of financial slack leads companies to be less risk averse
H7
Financial slack decreases the level of risk aversion, but this does not always translate into energy efficiency practices
has been changed to
Table 10.
Comparison between previous studies’ results and the current study’s results.
Table 10.
Comparison between previous studies’ results and the current study’s results.
Reference
Findings
Previous studies
H1
[5,80]
High level of risk aversion decreases sustainability practices
H2
[28,32,33]
Companies are more likely to adopt EEP that their peers have benefited from
H3
[50,81]
Companies that perceive higher mimetic pressure are less likely to be risk averse
H4
[48]
External pressure could play a moderating role to improve sustainability within companies
H5
[51]
Financial slack leads to more energy efficiency practices within companies
[82]
Financial slack inhibits energy saving within companies
[28]
Financial slack does not accelerate energy efficiency practices within companies, unless it is mediated by other factors
H6
[83,84]
High level of financial slack leads companies to be less risk averse
H7
[83,84]
High level of financial slack directly reduces risk aversion, and this translates into innovative practices/behaviors
Current study
H1
High level of risk aversion decreases sustainability practices
H2
Companies are more likely to adopt EEP that their peers have benefited from
H3
Companies that perceive higher mimetic pressure are less likely to be risk averse
H4
External pressure could play a moderating role to improve sustainability within companies
H5
Financial slack leads to more energy efficiency practices within companies
H6
High level of financial slack leads companies to be less risk averse
H7
Financial slack decreases the level of risk aversion, but this does not always translate into energy efficiency practices
All subsequent references have been renumbered accordingly.
The authors state that the scientific conclusions are not affected. This correction was approved by the Academic Editor. The original publication has been updated.
Reference
Bensouda, M.; Benali, M. Overcoming Risk Aversion Regarding Energy Efficiency Practices through Mimetic Pressure and Financial Slack: Findings from the Moroccan Manufacturing Sector. Sustainability2022, 14, 16261. [Google Scholar] [CrossRef] [Scilit]
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