Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms

This study assessed green-servitization (GS) as a means of sustainable performance (SP) for publicly listed manufacturing firms in Malaysia. Manufacturing firms in recent times have faced serious challenges due to huge cost paid for environmental clean-up resulting from traditional operating system....

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Main Authors: Oyelakin, I.O., Johl, S.K.
Format: Article
Institution: Universiti Teknologi Petronas
Record Id / ISBN-0: utp-eprints.28912 /
Published: Cogent OA 2022
Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85121658833&doi=10.1080%2f23311916.2021.2014250&partnerID=40&md5=b68c309f683e06b7b99a71e89a61fcb3
http://eprints.utp.edu.my/28912/
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spelling utp-eprints.289122022-03-16T08:42:54Z Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms Oyelakin, I.O. Johl, S.K. This study assessed green-servitization (GS) as a means of sustainable performance (SP) for publicly listed manufacturing firms in Malaysia. Manufacturing firms in recent times have faced serious challenges due to huge cost paid for environmental clean-up resulting from traditional operating system. Primary and secondary data were used for this study. Data were collected through the use of structured questionnaire. Ten (10) manufacturing companies were randomly selected, and three management staffs of the selected companies were purposely selected based on their designation to be the respondents. A simple linear regression was used to analyse the relationship between green-servitization (GS) and sustainable performance (SP). The regression result showed that the coefficient of green servitization GS is �0.040 and p = 0.247. The correlation coefficient, R = 0.218, indicates a very weak correlation between green servitization (GS) and sustainable performance (SP). The R2 = 0.048 shows that the variation in SP is only accounted for by 4.8 of the GS. The F-test for the hypothesis testing showed that F = 1.400, p > 0.001, which implies that there is no positive significant relationship between green servitization (GS) and sustainable performance (SP). The implication of this research will be useful for policymakers to design suitable policies and industrial practitioners to improve their operations in terms of firms� sustainable performance. © 2021 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. Cogent OA 2022 Article NonPeerReviewed https://www.scopus.com/inward/record.uri?eid=2-s2.0-85121658833&doi=10.1080%2f23311916.2021.2014250&partnerID=40&md5=b68c309f683e06b7b99a71e89a61fcb3 Oyelakin, I.O. and Johl, S.K. (2022) Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms. Cogent Engineering, 9 (1). http://eprints.utp.edu.my/28912/
institution Universiti Teknologi Petronas
collection UTP Institutional Repository
description This study assessed green-servitization (GS) as a means of sustainable performance (SP) for publicly listed manufacturing firms in Malaysia. Manufacturing firms in recent times have faced serious challenges due to huge cost paid for environmental clean-up resulting from traditional operating system. Primary and secondary data were used for this study. Data were collected through the use of structured questionnaire. Ten (10) manufacturing companies were randomly selected, and three management staffs of the selected companies were purposely selected based on their designation to be the respondents. A simple linear regression was used to analyse the relationship between green-servitization (GS) and sustainable performance (SP). The regression result showed that the coefficient of green servitization GS is �0.040 and p = 0.247. The correlation coefficient, R = 0.218, indicates a very weak correlation between green servitization (GS) and sustainable performance (SP). The R2 = 0.048 shows that the variation in SP is only accounted for by 4.8 of the GS. The F-test for the hypothesis testing showed that F = 1.400, p > 0.001, which implies that there is no positive significant relationship between green servitization (GS) and sustainable performance (SP). The implication of this research will be useful for policymakers to design suitable policies and industrial practitioners to improve their operations in terms of firms� sustainable performance. © 2021 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license.
format Article
author Oyelakin, I.O.
Johl, S.K.
spellingShingle Oyelakin, I.O.
Johl, S.K.
Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms
author_sort Oyelakin, I.O.
title Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms
title_short Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms
title_full Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms
title_fullStr Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms
title_full_unstemmed Green servitization as a means of sustainable performance: Evidence of listed manufacturing firms
title_sort green servitization as a means of sustainable performance: evidence of listed manufacturing firms
publisher Cogent OA
publishDate 2022
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-85121658833&doi=10.1080%2f23311916.2021.2014250&partnerID=40&md5=b68c309f683e06b7b99a71e89a61fcb3
http://eprints.utp.edu.my/28912/
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score 11.62408

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