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Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana

Manufacturing companies have come under intense pressure to sustain the environment in which they operate. This has led to the adoption of ‘greener’ and more environmentally friendly approaches among firms. This paper explores the effects of sustainability practices on the growth of manufacturing co...

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Detalles Bibliográficos
Autores principales: Bour, Kwame B., Asafo, Akowuah Jones, Kwarteng, Bernard Owusu
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6595167/
https://www.ncbi.nlm.nih.gov/pubmed/31294098
http://dx.doi.org/10.1016/j.heliyon.2019.e01903
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author Bour, Kwame B.
Asafo, Akowuah Jones
Kwarteng, Bernard Owusu
author_facet Bour, Kwame B.
Asafo, Akowuah Jones
Kwarteng, Bernard Owusu
author_sort Bour, Kwame B.
collection PubMed
description Manufacturing companies have come under intense pressure to sustain the environment in which they operate. This has led to the adoption of ‘greener’ and more environmentally friendly approaches among firms. This paper explores the effects of sustainability practices on the growth of manufacturing companies in urban Ghana involving six manufacturing companies. Using the cross-sectional design with a two-stage sampling technique, 600 respondents were selected through structured questionnaires across 6 companies. The empirical model was tested using regression analysis, to verify the hypothetical relationships of the study. The results of this study indicate model Summary with R Square of 0.813 shows that environmental sustainability practices of manufacturing companies have significant positive profit margins in their operational activities. Again, regression coefficients of the predictor variables are at 1% and 5% significance. The (2-tailed) Pearson Correlation between cost of Maintaining ESPs and the Plans for Improving ESPs is significant at 1%. Further sustainability practices are suggested to strengthen the operations of manufacturing companies.
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spelling pubmed-65951672019-07-10 Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana Bour, Kwame B. Asafo, Akowuah Jones Kwarteng, Bernard Owusu Heliyon Article Manufacturing companies have come under intense pressure to sustain the environment in which they operate. This has led to the adoption of ‘greener’ and more environmentally friendly approaches among firms. This paper explores the effects of sustainability practices on the growth of manufacturing companies in urban Ghana involving six manufacturing companies. Using the cross-sectional design with a two-stage sampling technique, 600 respondents were selected through structured questionnaires across 6 companies. The empirical model was tested using regression analysis, to verify the hypothetical relationships of the study. The results of this study indicate model Summary with R Square of 0.813 shows that environmental sustainability practices of manufacturing companies have significant positive profit margins in their operational activities. Again, regression coefficients of the predictor variables are at 1% and 5% significance. The (2-tailed) Pearson Correlation between cost of Maintaining ESPs and the Plans for Improving ESPs is significant at 1%. Further sustainability practices are suggested to strengthen the operations of manufacturing companies. Elsevier 2019-06-21 /pmc/articles/PMC6595167/ /pubmed/31294098 http://dx.doi.org/10.1016/j.heliyon.2019.e01903 Text en © 2019 The Authors http://creativecommons.org/licenses/by/4.0/ This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Bour, Kwame B.
Asafo, Akowuah Jones
Kwarteng, Bernard Owusu
Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana
title Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana
title_full Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana
title_fullStr Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana
title_full_unstemmed Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana
title_short Study on the effects of sustainability practices on the growth of manufacturing companies in urban Ghana
title_sort study on the effects of sustainability practices on the growth of manufacturing companies in urban ghana
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6595167/
https://www.ncbi.nlm.nih.gov/pubmed/31294098
http://dx.doi.org/10.1016/j.heliyon.2019.e01903
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