The Impact of Lean Management Practices and Sustainably-Oriented Innovation on Sustainability Performance of Small and Medium-Sized Enterprises:Empirical Evidence from the UK

Abstract

While lean management practices (LMP) help small and medium-sized enterprises (SMEs) to be efficient, sustainability-oriented innovation (SOI) facilitates adopting environmental and social practices. Although prior research looks into the effect of LMP on the economic performance (EP) of SMEs, less is known about the effect of LMP on sustainability (economic, environmental and social) performance. Studies on the effect of SOI on sustainability and economic performance are also scant. Additionally, examining the mediating effect of corporate social responsibility (CSR) practices (environmental and social practices) on both LMP and SOI achieving sustainability performance (SP) is rare. This research bridges these knowledge gaps by answering the question of how LMP, SOI, CSR practices, sustainability and economic performance are correlated. Through hypothesis testing using structural equation modelling, this study reveals the impact of LMP, SOI, CSR (environmental and social) practices on sustainability and economic performance. The study uses data from 119 SMEs within manufacturing industries in the Midlands, UK. The analysis reveals that LMP and SOI facilitate achieving both sustainability and economic performance, and SOI mediates LMP to achieve sustainability performance. Additionally, although CSR practices mediate LMP to achieve sustainability performance, they only borderline mediate SOI to achieve sustainability performance.

Publication DOI: https://doi.org/10.1111/1467-8551.12388
Divisions: College of Business and Social Sciences > Aston Business School > Operations & Information Management
College of Business and Social Sciences > Aston Business School > Aston India Foundation for Applied Research
College of Business and Social Sciences > Aston Business School
Additional Information: This is the peer reviewed version of the following article: Dey, P.K., Malesios, C., De, D., Chowdhury, S. and Abdelaziz, F.B. (2019), The Impact of Lean Management Practices and Sustainably‐Oriented Innovation on Sustainability Performance of Small and Medium‐Sized Enterprises: Empirical Evidence from the UK. Brit J Manage., which has been published in final form at https://doi.org/10.1111/1467-8551.12388.  This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.
Uncontrolled Keywords: Business, Management and Accounting(all),Strategy and Management,Management of Technology and Innovation
Publication ISSN: 1467-8551
Last Modified: 29 Mar 2024 08:17
Date Deposited: 07 Oct 2019 12:04
Full Text Link:
Related URLs: https://onlinel ... 1467-8551.12388 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2020-01
Published Online Date: 2019-11-21
Accepted Date: 2019-10-07
Authors: Dey, Prasanta K (ORCID Profile 0000-0002-9984-5374)
Malesios, Chrysovalantis (ORCID Profile 0000-0003-0378-3939)
De, Debashree
Chowdhury, Soumyadeb (ORCID Profile 0000-0002-8074-248X)
Abdelaziz, Fouad Ben

Download

[img]

Version: Accepted Version

| Preview

Export / Share Citation


Statistics

Additional statistics for this record