How does green intellectual capital affect environmental performance? Evidence from manufacturing firms in Ghana

Abstract

Purpose Industrialization has contributed to global environmental problems, especially in developed countries, but increasingly so in developing ones as well. Leveraging on the natural resource-based view theory, this study aims to examine the mediating role of environmental consciousness (EC) on the relationship between green intellectual capital (IC) and environmental performance among manufacturing firms in Ghana against a backdrop of increasing national drive towards greater industrialization. Design/methodology/approach This study used a cross-sectional survey design to obtain data from 245 manufacturing firms using purposive sampling technique. Structural equation modelling was used to test for the hypothesized relationships among variables. Findings Evidence suggests that green IC has a significantly positive effect on environmental performance. Furthermore, it was found that green IC has a positive and significant effect on EC, but EC only mediated the relationship between green IC and environmental performance. Practical implications Manufacturing firms within emerging economies like Ghana can improve on their green practices by incorporating these findings in their business models, while research could be guided to focus their inquiries on this and related genre of scholarly work. Originality/value This study is an early-stage study to identify EC as a variable which mediates the relationship between green IC and environmental performance among manufacturing firms in an emerging economy like Ghana.