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Change Management, Digital Maturity, and Green Development: Are Successful Firms Leveraging on Sustainability?

Author

Listed:
  • Anna Irimiás

    (Corvinus University of Budapest, 1093 Budapest, Hungary)

  • Ariel Mitev

    (Corvinus University of Budapest, 1093 Budapest, Hungary)

Abstract
The purpose of this paper is to capture firms’ perceptions on the relationship between change management, digitalization, business performance, and green development. The adaptation of digital technologies has challenged the business environment, leading to a major incorporation of the role of entrepreneurs in the process of fostering green development. Building on data from a survey study with 270 Small and Medium Enterprises (SMEs) and large companies located in a relatively developed Hungarian region and adopting the Strategic Action Field (SAF) theory, firms’ perceptions on change management, digital maturity, and green development were explored. The data was analyzed using partial least squares structural equation modelling (PLS-SEM). Results revealed that change management has a direct positive effect on digital maturity and on business performance and has a small effect on companies’ commitment towards green development. This paper contributes to the debate on the relationship between digitalization and green development within entrepreneurial organizations.

Suggested Citation

  • Anna Irimiás & Ariel Mitev, 2020. "Change Management, Digital Maturity, and Green Development: Are Successful Firms Leveraging on Sustainability?," Sustainability, MDPI, vol. 12(10), pages 1-13, May.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:10:p:4019-:d:358043
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    References listed on IDEAS

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    2. Astadi Pangarso & Kristina Sisilia & Retno Setyorini & Yahya Peranginangin & Agni Alam Awirya, 2022. "The long path to achieving green economy performance for micro small medium enterprise," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-19, December.
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    6. Joan Torrent‐Sellens & Pilar Ficapal‐Cusí & Mihaela Enache‐Zegheru, 2023. "Boosting environmental management: The mediating role of Industry 4.0 between environmental assets and economic and social firm performance," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 753-768, January.

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