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DOI

  • Fadi Alkaraan
    University of Lincoln
  • Mahmoud Elmarzouky
    Aston University
  • Khaled Hussainey
    University of Portsmouth
  • Venkataswamy Venkatesh
    EM Normandie Business School
  • Yangyan Shi
    Shenzhen MSU-BIT University
  • Nadia Gulko
    University of Lincoln
The study explores the influence of contextual factors surrounding production planning and green strategic investment decision-making practices (GSIDMP) in UK companies. We utilize a mixed-method approach as a research methodology to study the current trend of production planning and GSIDMP. This study's conceptual model is rooted conspicuously in the resource-based theory (RBT), natural-resource-based view and dynamic capabilities. We empirically examine the nexus between GSIDMP, technological innovation, dynamic capability and companies’ performance. Our study based on a sample selected from UK-listed companies, FTSE ALL-Share Index for the period (2012-2021). Also, the study utilizes data from the UK Innovation Survey (2018-2020) and corporate disclosure through companies' annual reports as a complementary approach for data collection. Findings of this study explore the interdependencies between company dynamic capability, advanced technological innovation and governance mechanisms, and their mediation influence on the nexus between GSIDMP and companies’ performance. This study sheds lights on current business innovation strategies. Findings reveal how current practices of production planning and GSIDM in large UK companies shaped by boardrooms absorptive and adaptive capabilities, knowledge-generating and knowledge-collaboration capabilities, technological adoption, and corporate governance mechanisms. This study offers insight regarding boardrooms proactive engagement in exploration and exploitation activities to strengthen ambidexterity through various innovation trajectories associated with green production and GSIDMP towards sustainability. We provide managerial implications for decision-makers, regulators, investors, scholars, and other stakeholders.
Original languageEnglish
JournalBusiness Strategy and the Environment
Early online date11 Jan 2024
DOIs
Publication statusE-pub ahead of print - 11 Jan 2024
Externally publishedYes
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