Strategic Sustainability Orientation Influence on Organizational Resilience: Moderating Effect of Firm Size

Author:

Ahmić Azra1

Affiliation:

1. Faculty of Economics – International University Travnik , Bosnia and Herzegovina

Abstract

Abstract Background: Owing to the heaviness of setbacks and shocks companies frequently face from the internal/external business environment, building solid organizational resilience and shifting towards strategic sustainability have become the top demands in today’s wavering business world. Objectives: This study aimed to determine whether strategic sustainability orientation influences organizational resilience and how this relationship is moderated by firm size. Methods/Approach: This study uses a methodology structured around the stakeholder theory and embraces multiple regression analysis grounded on collected data from 124 enterprises in Bosnia and Herzegovina ambience. Results: Findings from the research revealed that strategic sustainability orientation significantly and positively influences organizational resilience and its three sub-components: anticipation, coping and adaptation capabilities. Results also uncovered that the Small size firms were significantly diverse from the Large and Medium size firms in terms of the influence of strategic sustainability orientation on three capabilities of organizational resilience. Conclusions: In addition to literature enriching in sustainability and organization by supplying empirical evidence of strategic sustainability orientation influence on organizational resilience, this study proposes and validates instruments for measuring strategic sustainability orientation and organizational resilience.

Publisher

Walter de Gruyter GmbH

Subject

Management of Technology and Innovation,Economics, Econometrics and Finance (miscellaneous),Information Systems,Management Information Systems

Reference61 articles.

1. 1. Agency for Statistics of Bosnia and Herzegovina (2022a), “Economic Statistics. BiH International Trade in Goods Statistics, January-December 2021”, Vol. 12, No. 12, pp. 1-32.

2. 2. Agency for Statistics of Bosnia and Herzegovina (2022b), “Economic Statistics. Producer Price Index in Bosnia and Herzegovina in December 2021”, Vol. 11, No. 12, pp. 1-10.

3. 3. Ahmić, A. (2016), “The influence of top manager’s personal values on sustainable business success of SMEs in Bosnia and Herzegovina”, Doctoral Thesis, Sarajevo, School of Business and Economics Sarajevo.

4. 4. Ahmić, A., Skopljak, L. (2021), “Problems and responses of small and medium enterprises in Bosnia and Herzegovina to COVID-19 related to the management of key stakeholders”, in Proceedings of the 21th International online Conference of International University Travnik, pp. 149-159.

5. 5. Ahmić, A., Šunje, A., Kurtić, E. (2016), “The influence of top manager’s personal values on sustainability of SMEs in developing countries”, Journal of Corporate Governance, Insurance, and Risk Management (JCGIRM), Vol. 3 No. 1, pp. 27-49.

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