Advancing corporate sustainability via big data analytics, blockchain innovation, and organizational dynamics—A cross‐validated predictive approach

Abstract In today's business landscape, the paramount focus of firms is to achieve advanced corporate sustainability. This objective has led to the development of big data analytics, reliable big and cloud data analytics capabilities, and blockchain technology as powerful tools worldwide that have helped firms increase sustainable performance. Capitalizing on these technologies, this study provides new insight into the role data‐driven competitive sustainability, data‐driven culture, and organizational management information in steering firms' performance. Using a quantitative research approach, data was collected through a structured survey administered to managers and IT professionals across various industries. The relationships between the variables were analyzed using structural equation modeling (SEM), confirming that all proposed hypotheses were supported. The results demonstrate the significant positive impact of big data analytics capabilities, reliable big and cloud data analytics capabilities, and blockchain technology on corporate sustainable performance and data‐driven competitive sustainability. Furthermore, data‐driven competitive sustainability was found to mediate the relationships between BDA, RBCDA, blockchain technology, and corporate sustainable performance. Additionally, OMIS‐fit and data‐driven culture were identified as critical moderators that enhance the effects of these technological capabilities on competitive sustainability and corporate performance. These findings provide valuable insights for organizations seeking to leverage advanced technological capabilities to achieve a sustainable competitive advantage in emerging economies.

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Publication Details

Journal
Business Strategy and the Environment
Published
2024-11-15
DOI
https://doi.org/10.1002/bse.4056
Citations
10
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
5.29
Controls
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article

Advancing corporate sustainability via big data analytics, blockchain innovation, and organizational dynamics—A cross‐validated predictive approach

Larisa Ivaşcu, İlknur Öztürk, Muddassar Sarfraz, Youli Xu et al.
10 citations
Business Strategy and the Environment
Big Data and Business Intelligence
5.29
article

Advancing corporate sustainability via big data analytics, blockchain innovation, and organizational dynamics—A cross‐validated predictive approach

Larisa Ivaşcu, İlknur Öztürk, Muddassar Sarfraz, Youli Xu, Jianmin Sun
article en
10 citations

Abstract

Abstract In today's business landscape, the paramount focus of firms is to achieve advanced corporate sustainability. This objective has led to the development of big data analytics, reliable big and cloud data analytics capabilities, and blockchain technology as powerful tools worldwide that have helped firms increase sustainable performance. Capitalizing on these technologies, this study provides new insight into the role data‐driven competitive sustainability, data‐driven culture, and organizational management information in steering firms' performance. Using a quantitative research approach, data was collected through a structured survey administered to managers and IT professionals across various industries. The relationships between the variables were analyzed using structural equation modeling (SEM), confirming that all proposed hypotheses were supported. The results demonstrate the significant positive impact of big data analytics capabilities, reliable big and cloud data analytics capabilities, and blockchain technology on corporate sustainable performance and data‐driven competitive sustainability. Furthermore, data‐driven competitive sustainability was found to mediate the relationships between BDA, RBCDA, blockchain technology, and corporate sustainable performance. Additionally, OMIS‐fit and data‐driven culture were identified as critical moderators that enhance the effects of these technological capabilities on competitive sustainability and corporate performance. These findings provide valuable insights for organizations seeking to leverage advanced technological capabilities to achieve a sustainable competitive advantage in emerging economies.

Business Strategy and the EnvironmentVol. 34(1)
İstanbul Nişantaşı Üniversitesi (TR), Polytechnic University of Timişoara (RO), Nanjing University of Posts and Telecommunications (CN), Zhejiang Shuren University (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 4%
Big Data and Business Intelligence
5.29
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