Forthcoming and Online First Articles

International Journal of Business Environment

International Journal of Business Environment (IJBE)

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International Journal of Business Environment (23 papers in press)

Regular Issues

  • Personality, self-efficacy and self-esteem as predictors of psychological well-being of workers: the flourishing scale (5-FS)   Order a copy of this article
    by María José Serrano-Fernández, Elena Pérez-Moreiras, Maria Boada-Grau, Jordi Assens-Serra, Joan Boada-Grau 
    Abstract: Flourishing refers to a person’s perceived feelings that life is going well. The purpose of this study is to increase our understanding of the flourishing experience, one of the psychological processes that occur in professional contexts. It aims to determine the relationship between flourishing and personality, self-efficacy, and self-esteem. Participants in the study were 856 workers selected through non-probability sampling and the data collected were processed with the SPSS 25.0 program. The factor obtained has adequate reliability and evidence of validity. A positive relationship is established between self-esteem, self-efficacy and flourishing. Regarding personality, the relationship is positive in relation to emotional stability and negative in relation to openness, conscientiousness and agreeableness. Emotional stability, self-efficacy, conscientiousness, self-esteem and agreeableness are the variables that account for greater variance when predicting flourishing.
    Keywords: flourishing; work; personality; self-esteem; self-efficacy.
    DOI: 10.1504/IJBE.2023.10058910
  • Factors influencing dynamic capabilities of entrepreneurial-led organisations to achieve analytical transformation   Order a copy of this article
    by Sandhya Kalale Srinivas, Arti Arun Kumar, N. Elangovan 
    Abstract: Entrepreneurial spirit transforms the economic scenario resulting in a significant contribution to society. Analytical transformation enables entrepreneurs with superior effective decision-making capability through information gathering, advanced technology adoption and data analysis. Effective analysis leads to superior organisational performance. However, in entrepreneurial-led large Indian organisations, the adoption of analytics is limited to predicting results. The study aims to identify the key factors that impact analytical transformation. The study also aims to identify key dynamic capabilities to achieve such transformation. This article identifies base theories related to the identified concepts. This article aims to develop an analytical transformation capability model for entrepreneurial-driven large industries. This study also empirically validates the proposed research model. The study concludes that entrepreneurial-led large Indian technology-driven industries lag behind their technology peers in adopting prescriptive analytics. The study also proposes an analytical transformation theory that aims to provide necessary techniques to improve organisational effectiveness.
    Keywords: analytical decision making; dynamic capability; prescriptive analytics; analytical transformation; organisational effectiveness; information processing; organisation efficiency; entrepreneur led organisation; analytical orientation; data centralisation; data infrastructure; networking capability; evidence-based decision making; advanced analytics; predictive analytics.
    DOI: 10.1504/IJBE.2023.10060241
  • Competitive domestic markets and marketing capabilities: the mediating effect of online presence in SMEs   Order a copy of this article
    by Guillermo Barquero-Chaves, Juan Carlos Leiva, Ronald Mora-Esquivel 
    Abstract: Marketing capabilities are essential to exploit opportunities and sustain competitive advantages in domestic markets. It is therefore fundamental to identify elements affecting these capabilities. This research aims to verify if there is a positive relationship between competitive domestic markets and marketing capabilities, and whether online presence of companies exerts a mediating effect between both factors. The empirical analysis uses OLS regressions and a mimic of process method in Stata software package on a sample of 205 SMEs from Costa Rica. The findings confirm a positive relationship between competitive domestic markets and marketing capabilities, and that online presence exerts a mediating effect on this relationship, with a total effect of greater relevance for SMEs, especially in the manufacturing sector. This implies that as organisations adapt their resources and generate actions to promote the use and adoption of their online presence, they are also having a positive impact on their marketing capabilities.
    Keywords: competitive domestic markets; online presence; marketing capabilities; SME; competitiveness.
    DOI: 10.1504/IJBE.2023.10060508
  • Consumer sentiments in automotive purchases before and after COVID-19: a text-mining study   Order a copy of this article
    by Ashok Bhattarai, Jiaxi Luo, Shih Yung Chou, Charles Ramser 
    Abstract: The COVID-19 pandemic has led to shortages in the automotive industry due to a limited supply of semiconductor chips, which has created a nonlinear dynamic and chaotic business environment in the industry. This leads to the following important yet unanswered questions: 1) Is there a divergence in consumer emphases placed on the car buying process prior to and after COVID-19?; 2) How do consumer sentiment patterns affect their ratings of car dealerships prior to and after COVID-19? To answer these questions, we utilise a text-mining approach and perform an ordered probit regression analysis. Results illustrate the following. First, the sentiment keyword fast had a positive impact on consumer online ratings after COVID-19, whereas clean had a positive impact on consumer online ratings before COVID-19. Third, the sentiment keyword wait had a negative impact on consumer online ratings after COVID-19. Fourth, the sentiment keyword willing had a negative impact on consumer online ratings both before and after COVID-19. Finally, the sentiment keyword mess had a negative impact on consumer online ratings both before and after COVID-19.
    Keywords: automotive purchase; COVID-19; consumer sentiments; text mining.
    DOI: 10.1504/IJBE.2023.10060886
  • Delineating corporate governance and earnings management - a bibliometric review and future directions   Order a copy of this article
    by Kashish Sharma, Shridev Devji, Tonmoy Choudhury, M.D. Abubakar Siddique 
    Abstract: In this study, we outline the significant topics and present dynamics in the corporate governance and earnings management domain, in addition to research directions for the future. Utilising the bibliometric analysis technique, a total of 319 studies were examined from Scopus Database for a period starting from 1988 to 2021. We performed a publications trend analysis and found the most prominent authors, sources, and articles based on their citations and publications. Additionally, using the technique of bibliographic coupling, we performed the thematic analysis and identified six themes that represent the intellectual structure of literature on corporate governance and earnings management. Besides, despite the immense popularity of the research field, potential avenues exist for future growth. Therefore, we provide the possible future research directions that the upcoming scholars can explore to strengthen the concerned research domain.
    Keywords: corporate governance; earnings management; bibliometric analysis; bibliographic clustering.

  • A review of two decades of research on language in international management (1997-2022)   Order a copy of this article
    by Yung-Hwal Park, Kevin Lehnert 
    Abstract: This research reviews over two decades of research on language within international management. This comprehensive review codes and summarises 263 articles, highlighting the impact of language in various strategic areas of management: language policy; HRM and organisational behaviour; internationalisation; HQ-subsidiary relationship; knowledge sharing; corporate reporting and governance; and mergers and acquisitions (M&A) and inter-firm strategic collaboration. This study also highlights two major needs within the discipline (internal vs. external focus of language and level of analysis - individual, group and organisational), and addressed the call for a broader future research agenda.
    Keywords: literature review; language; management; international strategy; communication.
    DOI: 10.1504/IJBE.2023.10061123
  • The spill-over effects of foreign direct investment on technical efficiency of domestic supporting industry firms in Vietnam   Order a copy of this article
    by To Trung Thanh, Nguyen Quynh Trang 
    Abstract: The relationship between domestic supporting industry (SI) firms and foreign direct investment (FDI) firms plays an important role in the development of many developing countries, including Vietnam. To better understand the impact of FDI on the domestic SI firms in Vietnam, the paper investigates two channels of FDI spill-overs: horizontal and backward spill-over effects. Utilizing the approach of Stochastic Frontier Analysis, the paper considers the impacts of FDI spill-overs on the Technical Efficiency of domestic SI firms for the period 2014-2018. Interacting variables are included in the models to see how the absorptive capacity of the domestic firms may influence the spill-over effects. The results show that FDI firms in both horizontal and backward linkages bring negative impacts and the domestic SI firms with higher-skilled workers may mitigate the negative backward spill-over effects. The findings suggest policy implications not only for Vietnam but also for other developing countries to better attract FDI and improve domestic SI firms’ performance.
    Keywords: FDI spillover effects; domestic supporting industry; absorptive capacity; Technical Efficiency.
    DOI: 10.1504/IJBE.2023.10061156
  • ESG disclosure and financial performance in the European oil and gas industry   Order a copy of this article
    by Federica Doni, Antonio Corvino, Silvio Bianchi Martini 
    Abstract: Lately, the disclosure of sustainability issues has played a pivotal role in corporate reporting. In the academic debate, some scholars noted the need for more concerning the influence exerted by environmental, social and governance (ESG) issues over the corporate image, reputation and value creation. To bridge the last gap, this study investigates the relationship between ESG disclosure and financial performance by analysing a sample of European-listed large-sized companies operating in the oil and gas industry from 2010-2014. The methodological choice for that period resides in the intention to investigate the earlier relationship before the entry into force of the EU Directive 95/2014 on disclosure of non-financial information. Our findings demonstrate that financial performance dimension, pertinent to corporate profitability or the firms financial autonomy, can positively affect ESG disclosure policies. These empirical findings can highlight the effectiveness of ESG disclosure by confirming the relevance of the EU initiatives.
    Keywords: environmental; social and governance; ESG; disclosure; EU Directive; integrated reporting; financial performance; oil and gas industry; Europe.
    DOI: 10.1504/IJBE.2024.10061582
  • Comparative analysis of community pharmacies and retail pharmacy chains: the case of Chile   Order a copy of this article
    by Luis Felipe Vergara Maldonado, Ines Gabriela Rodriguez Morales, Eduardo Barrueto Mercado, Víctor Manuel Yáñez Jara, Andrés Antonio Rubio Rivera 
    Abstract: A strategic analysis of Chiles pharmaceutical industry has revealed strong competitive dynamics, in which three main competitor pharmacy chains have a high concentration, representing about 80% of the sector; pharmacy Ahumada, Cruz Verde y Salcobrand, followed by other pharmacies and mid-range chain pharmacies such as Dr. Simi, Dr. Ahorro, Knop and Galenica. The growth of community or peoples pharmacies in the Chilean pharmaceutical market can be observed as a result of the collusion case between the large pharmacy chains Cruz Verde, Ahumada, and Salcobrand, between 2007 and 2008. This research was conducted through a comparison of the Communal Pharmacy of Chillan, Chile, with retail or chain pharmacies. The analysis included a comparison of the Communal Pharmacy and large retail chain pharmacies in terms of competitive advantages. One of the main findings was a significant difference in the prices of drugs sold by the communal pharmacy of Chillan versus chain pharmacies, with some cases observing a difference of up to 400%.
    Keywords: pharmaceutical industry; community pharmacies benchmark studies; market; retail chain; drugs; prices; competitive advantages; Chile.
    DOI: 10.1504/IJBE.2024.10061907
  • Does institutional framework shape the corporate social responsibility?   Order a copy of this article
    by Assem Orazayeva, Muhammad Arslan 
    Abstract: Corporate social responsibility (CSR) and sustainability are important to corporations for several reasons. This study applied a novel institutional framework to answer the question of why firms in developing and emerging economies undertake CSR issues. We explored the role of the state, financial markets, human capital, social capital, corporate governance and financial performance in shaping CSR based on a sample of 108 firms from 26 countries representing Asian, African, Latin American, East European and Middle Eastern regions for the period 2016 to 2020. By employing a dynamic linear model (GMM), we found support for propositions that underdeveloped financial markets can facilitate firms’ relationships with external stakeholders while weak labour rights and CSR are inversely related. We also found a statistically significant positive coefficient of CSR with corporate governance. The results showed an insignificant relationship for other propositions on the roles of financial performance, social capital and government ownership in shaping CSR. We found significant positive relationship of CSR with size while insignificant with leverage.
    Keywords: corporate social responsibility; CSR; institutional framework; corporate governance; understudied countries; generalised method of moments; GMM; sustainability; labour rights.
    DOI: 10.1504/IJBE.2024.10061997
  • Business strategies on service quality for expanding Taiwanese restaurant chain overseas: the application of TRIZ theory and ISM   Order a copy of this article
    by Yi-Hsiang Hsu, Tzong-Ru Lee, Ching-Hua Yeh, Rika Ampuh Hadiguna 
    Abstract: A Taiwan restaurant chain’s business strategy to expand overseas is an exciting topic. The strategy intends to implement a Taiwanese restaurant chain to expand overseas stores. This study examines comprehensively by involving several methods: grey relational analysis (GRA), TRIZ and interpretive structural model (ISM). This study proves that market expansion is possible if supported by a timely innovation strategy and the right market segment. A restaurant chain concept is a new approach to global market penetration and cultural recognition. This paradigm is interesting as a new study topic for several countries with food variety, tourism potential and high-value cultures.
    Keywords: business strategy; restaurant chain; grey relational analysis; GRA; TRIZ; interpretive structural model; ISM.

  • The impact of international coopetitive relationships on surrounding vertical networks during COVID-19   Order a copy of this article
    by Shuwei Jiang, Annika Laine-Kronberg 
    Abstract: This study investigates the evolution of international coopetitive relationships and their impact on vertical networks during the global COVID-19 pandemic. There is a call for more research about coopetition from an international perspective. Moreover, vertical coopetition from a network perspective is scarcely researched. In this study we aim to fill these research gaps. The empirical study is based on qualitative case study methodology. The findings demonstrate that coopetitive relationships have both positive and negative effects on the activities, performances, and business relationships of actors within vertical networks. The impact differs for suppliers and distributors as relationships evolve, influenced by the COVID-19 pandemic. This research contributes to existing theory on coopetition by widening the scope to include surrounding vertical networks and adopting a dynamic temporal perspective to illustrate the evolution of coopetitive relationships and their implications, particularly during a pandemic.
    Keywords: coopetition; vertical network; dynamics; Chinese market; automotive industry; COVID-19.
    DOI: 10.1504/IJBE.2024.10063675
  • The role of absorptive capacity in the relationship global diversification-performance   Order a copy of this article
    by Encarnación Manresa-Marhuenda, Bartolomé Marco-Lajara, Pedro Seva-Larrosa, Esther Poveda-Pareja, Sergio Arjona Giner 
    Abstract: Many researchers have tried to test whether there really is a relationship between global diversification and firm performance, although many of them only deal with one aspect, be it market diversification or product diversification, without considering the role of the internal capacities of the company. Considering the importance of knowledge and its management in complex and uncertain contexts such as the current ones, the study investigates the effect of absorptive capacity on the global diversification-performance relationship. This research analyses the global diversification-firm relationship, considering the moderating role of absorptive capacity, in a sample of 496 Spanish medium-high and high technology companies for the period corresponding to 2019. The conclusions obtained, through statistical inference tests confirm an inverted U-shaped relationship between diversification and firm performance and, partially, the moderating effect of absorptive capacity in this relationship.
    Keywords: diversification; absorptive capacity; knowledge; corporate performance.
    DOI: 10.1504/IJBE.2024.10064060
  • The impact of marketing signals on the performance of foreign subsidiaries in the COVID-19 pandemic   Order a copy of this article
    by Antonios Georgopoulos, Eleftherios Aggelopoulos, Elen Paraskevi Paraschi, Maria Kalogera 
    Abstract: An interesting research issue that has not yet been satisfactorily explored is the investigation of business strategic responses in periods of crisis and their performance effects. To shed light on this issue, we take the COVID-19 pandemic as a paradigm and explore the impact of marketing signals such as brand name, advertising, warranties, and pricing on the perceived performance of 165 subsidiaries of multinational enterprises located in Greece. We find differentiated performance effects of the four signals under examination. In particular, brand name and advertising have positive performance effects, whereas pricing negatively affects performance and warranties have a statistically insignificant influence. Further, the perceived performance impact of the specific signals varies across diverse industries. In addition, our research reveals the enhancing performance effect of e-commerce as a means of distribution during the pandemic. The findings suggest that an entrenched marketing policy in the COVID-19 pandemic should be applied selectively and targeted in terms of marketing tools and industry types. Our results are robust for various performance indicators and have marketing, performance, and crisis management implications.
    Keywords: marketing signals; signalling theory; perceived performance; COVID-19 pandemic; Greece.
    DOI: 10.1504/IJBE.2023.10058506

Special Issue on: Innovation and Sustainability in Industrial Latin American Contexts

  • Barriers affects application of lean practices and financial performance in Mexican manufacturing SMEs   Order a copy of this article
    by Gonzalo Maldonado-Guzmán 
    Abstract: In the literature, emphasis has been placed on identifying the barriers that affect the application of lean practices, in order to improve financial performance. However, only a limited number of studies have focused on the analysis of the barriers that limit the application of lean practices in SMEs, in addition to the fact that most of these studies have focused on the application of a methodology of lean studies individual cases. Therefore, this study aims to analyse the status of the application of lean practices, as well as their barriers and financial benefits in manufacturing SMEs in Mexico. The results obtained suggest that technical and human barriers have effects on the application of lean practices and on financial performance, in turn, lean practices also have effects on the financial performance of SMEs.
    Keywords: lean; lean barriers; lean practices; financial performance; manufacturing industry.
    DOI: 10.1504/IJBE.2024.10064291
  • Limits of open innovation: bridging boundaries between technological and non-technological innovation   Order a copy of this article
    by Fernando G. Sánchez-Henríquez, Ángel Sevil, Roberto S. Vassolo 
    Abstract: Research on open innovation has mainly focused on managing knowledge flow across organisational boundaries for technological (product and process) innovations. However, the effect of external knowledge sources on non-technological innovation (process, marketing, managerial) has not been assessed yet. Thus, this paper extends the study of open innovation to non-technological (organisational and marketing) innovations, arguing that the effect of external knowledge sources on innovation is contingent on the type of innovation an organisation pursues. Using a panel data from 3,977 firms-year observations obtained from three consecutive panels of the Chilean Innovation Survey (2009-2014), we show that external knowledge sources have a u-shape relationship with technological innovations but a positive relationship with non-technological innovations. We contribute to innovation literature by proposing a conceptual model of innovation openness and creating a theoretical bridge between the emerging open innovation literature and the growing literature on organisational innovation.
    Keywords: innovation; technological innovation; non-technological innovation; Chile.
    DOI: 10.1504/IJBE.2024.10064292
  • Eco-innovation drivers really improve firm performance? Sustainable performance mediating role in Mexican automotive industry   Order a copy of this article
    by Sandra Yesenia Pinzón-Castro, Gonzalo Maldonado-Guzmán, Raymundo Juárez-Del Toro 
    Abstract: The increasing pressure that manufacturing companies must reduce pollution levels and environmental degradation by society, is forcing firms to implement new strategies that allow them to produce environmentally friendly products, without neglecting their economic measures. In this sense, the literature is increasingly considering eco-innovation as a strategy that allows firms not only to improve firm performance, but also sustainable performance. However, little is known about the influence of eco-innovation on sustainable performance and firm performance. The objective of this study is the analysis of the existing relationship between eco-innovation, firm performance, and sustainable performance, since there are relatively few studies published in the literature that analyse these three constructs together. Likewise, a questionnaire was distributed to a sample of 460 companies in the automotive industry in Mexico, analysing the dataset through PLS-SEM. The results obtained suggest that eco-innovation have a positive influence on both firm and sustainable performance of the automotive industry. In conclusion, empirical evidence has been provided that demonstrated that eco-innovation has a positive effect on firm and sustainable performance, as sustainable performance significantly improves the relationship between eco-innovation and firm performance.
    Keywords: eco-innovation; innovation; sustainable performance; firm performance; automotive industry.
    DOI: 10.1504/IJBE.2023.10058605
  • Innovation in KIBS firms: the effects of innovation activities, employees' level of education, and the sources in the supply chain   Order a copy of this article
    by Jean Pierre Seclen-Luna, Pablo J. Moya-Fernández, Javier Fernando Del Carpio Gallegos, Elizabeth Aylas Florez 
    Abstract: There has been a growing interest in the study of knowledge-intensive business services (KIBS) due to the important role that they play in the business processes of their clients. Even though extant literature assumes that KIBS firms are innovators, there is evidence that not all KIBS are equally innovative. Our exploratory research uses data gathered from the National Survey of Innovation in the manufacturing and KIBS industries and uses the LOGIT model on a sample of 311 Peruvian KIBS firms. The effects of innovation activities, employee level of education and the sources in the supply chain on developing innovations are determined. Findings indicate that not all innovation activities positively affect innovation. We found that most of these activities are related to technological innovation, rather than non-technological innovation, and the hiring of graduated personnel favours the development of organisational innovation. However, the interplay with customers, suppliers and competitors gives no benefit concerning the development of innovation.
    Keywords: technological innovation; non-technological innovation; innovation activities; knowledge-intensive business services; KIBS; employees' level of education.
    DOI: 10.1504/IJBE.2023.10060731
  • Innovation in strategic planning through fuzzy methodologies: a study of the industrial context of Bogota, Colombia during COVID-19   Order a copy of this article
    by Fabio Blanco-Mesa, Ernesto León-Castro 
    Abstract: The paper analyses the strategic planning in the industrial context of Bogota, Colombia during COVID-19. Because of the different perspectives and subjectivity of the topic, the objective is to use an innovative methodology based on different multi-criteria decision-making (MCDM) characteristics and fuzzy logic to analyse the problem. The methodologies used were the Bonferroni ordered weighted average (OWA) operator and the Pitchat algorithm. The study was based on five sectors with seven strategic scopes. Among the main results was possible to visualise that all the sectors find the most important scope in marketing and the less important scope in Formalisation. Finally, some specific analyses of the results for each sector are presented to visualise how the scopes of the strategic planning can change depending on the sector.
    Keywords: innovation; strategic planning; MCDM; industrial context.
    DOI: 10.1504/IJBE.2023.10060436
  • Technological learning in natural resources-based activities: the role of idiosyncratic knowledge and knowledge intensive business services   Order a copy of this article
    by Darío Milesi, Carlos Aggio, Vladimiro Verre 
    Abstract: This paper discusses the relationship between productive specialisation and the accumulation of technological capabilities. In particular, it analyses a potential move towards a more knowledge-intensive economic structure through technological learning in natural resources-based activities as opposed to the conventional thinking in which learning occurs only as a result of the creation and expansion of a high-tech manufacturing industry. Using evidence from the sectors of seeds, non-conventional oil and gas and wind energy from a multiple case study, the paper discusses the specificities of innovation in natural resources-based activities and the role of the idiosyncratic knowledge needed to develop such activities both as a source of technological capabilities accumulation and sustainable innovation. As part of this, the paper shows that the development of local knowledge-intensive business services (KIBS) based on general-purpose technologies can be the main driver of productivity gains and environmental preservation.
    Keywords: natural resources; idiosyncratic knowledge; sustainable innovation; technological learning; development.
    DOI: 10.1504/IJBE.2023.10058505
  • The B2B relationship in industrial companies from the position of hidden champions: knowledge-intensive services for small business   Order a copy of this article
    by Aimar Basañez-Zulueta, Jon Barrutia-Güenaga, Arturo Rodriguez-Castellanos, Emelina Gracia-Ramos 
    Abstract: SME access to advanced services is explored from a business and territorial perspective. Based on the term knowledge-intensive business services (KIBS), advanced services are conceptualised from this approach to define the existence of a KIBS function, which is not necessarily linked to organic structures explicitly declared as KIBS. A theoretical framework in which hidden champions are linked to KIBS has been established for this purpose and two propositions have been set forth. A qualitative analysis is used in two territories, the Basque Country (Spain) and the department of Antioquia (Colombia) to check them. The propositions were confirmed in both territories and a comparative analysis was also performed, which increases the robustness of results as the two areas belong to different geo-economic zones. The main conclusion is that hidden champions can act as KIBS to benefit SMEs in the area and territory where they are located.
    Keywords: competitiveness; innovation; knowledge-intensive business services; KIBS; sustainability; hidden champions.
    DOI: 10.1504/IJBE.2023.10059192
  • Exploring the influence of digitalisation on the formalisation process of informal businesses: a comparative strategic management in China and Peru   Order a copy of this article
    by Jorge Peña, Alejandro Flores, Jorge Heredia 
    Abstract: The formalisation of informal businesses is a complicated process that has been the subject of numerous attempts to find a satisfactory solution. Achieving this transition is an aspiration of academics, policymakers, and the government. To address this problem, our explorative and theoretical research focuses on the influence of digitalisation as a new strategic variable for the formalisation process of informal businesses. For this purpose, we employ comparative strategic management (CSM) in Peru and China businesses to know the factors that drive the formalisation process in heterogeneous contexts. This article demonstrates significant similarities and differences in the formalisation process's economic, institutional, and strategic environments. Also, from the experience learned from businesses in China, identify factors that could be useful for the Peruvian experience. Finally, this research presents propositions that explain the adaptation mechanisms of digitisation to increase the rate of business formalisation to contribute to sustainable development goals (SDGs), researchers, practitioners, and policymakers.
    Keywords: formalisation process; digitalisation; Peru; China; comparative strategic management; CSM; sustainable development goals; SDGs.
    DOI: 10.1504/IJBE.2023.10059459
  • Green management, perceived barriers to sustainability, and innovation performance in Latin American SMEs   Order a copy of this article
    by Germán Rojas-Cabezas, Ronald Mora-Esquivel, Nicolás Márquez Álvarez, Susana Chacón-Espejo, Victor Nocetti-Nuñez, Juan Carlos Leiva Bonilla 
    Abstract: The promotion of sustainable development is a paramount objective in Latin America, and it is crucial to comprehend how companies can contribute to this goal. This study examines the relationship between green management, perceived barriers to sustainability, and innovation performance in Latin American SMEs. Using a structural equation modelling methodology based on a primary dataset of 5,716 managers from 18 Latin American countries, the study finds that green management positively relates to SMEs' the innovation performance of SMEs in Latin America. However, perceived barriers to sustainability partially mediate this positive relationship. Theoretical implications suggest that sustainable practices can lead to improved innovation performance, while practical implications highlight the importance of addressing perceived barriers to sustainability in order to fully realise these benefits. This study fills a gap in the literature by providing evidence of the positive impact of green management on innovation performance in Latin American SMEs and offers suggestions for future research avenues.
    Keywords: innovation performance; green management; perceived barriers; sustainability; Iberoamerican SMEs observatory.
    DOI: 10.1504/IJBE.2023.10058034