Publication details
Do environmental and ethical aspects of interfunctional coordination lead to smaller business performance?
| Authors | |
|---|---|
| Year of publication | 2019 |
| Type | Article in Periodical |
| Magazine / Source | Technological and Economic Development of Economy |
| MU Faculty or unit | |
| Citation | |
| Web | Open access časopisu |
| Doi | http://dx.doi.org/10.3846/tede.2019.11245 |
| Keywords | Ethical aspects; Environmental aspects; Interfunctional Coordination (IFC); Business Performance; SME. |
| Attached files | |
| Description | The paper deals with interfunctional coordination (IFC) from ethical and environmental point of view. It will be interesting to know if the parts of IFC connected with ethical and environmental aspects have positive or negative influence on business performance. Data was gained from 60 SMEs producing electrical equipment and electronic components in the Czech Republic. It was used the survey questionnaire and critical discussion with the literature. Kaiser-Meyer-Olkin (KMO) test and Bartett´s sphericity test was applied. Spearman’s rank correlation were used for analysing the influence of ethical and environmental aspect on business performance. The results show: (1) a positive relation between ethical aspects and business performance, (2) no positive relation between implementation of environmental aspects and business performance, and (3) no difference in results in marketing business performance and financial business performance. The results can suggest that, a preference towards ethical decisions and behaviour leads to a higher business performance and by contraries, environmental aspects leads to smaller business performance. The collected data shows that environmental and ethical decisions of managers in the Czech Republic can differ from environmental and ethical decisions of managers in different countries. |