The Influence of Sustainability Management on Natural Environmental Control in Sustainable Companies With Family Ownership as Moderator
Year: 2024
Type: article
Abstract: This research aims to analyse the influence of sustainability management on natural environmental control within sustainable family companies, with family ownership acting as a moderating variable. The study focuses on 62 manufacturing family companies listed on the Indonesia Stock Exchange, employing purposive sampling. Secondary data, comprising financial and non-financial sources, were also used. This study is predictive and exploratory in nature, using the partial least squares structural model with Smart PLS 3. It was found that sustainability management has a positive and significant effect on the sustainability of family companies. Additionally, the moderation test indicates that family ownership strengthens the influence of sustainability management on these companies. This research contributes to the development of sustainability concepts aimed at preserving the natural environment in family-owned manufacturing firms by optimally applying sustainability principles. The findings suggest that authorities should establish robust regulations to enforce sustainability practices for listed companies, ensuring a positive impact on business, environmental, and social sustainability.
Institutions: Diponegoro University, Universitas Islam Batik
Language: English
Subfield: Marketing
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4404730391