RELATIONSHIP BETWEEN BUSINESS MODEL INNOVATION AND CORPORATE PERFORMANCE /
THE MEDIATING ROLE OF MANAGEMENT ACCOUNTING AND CONTROL SYSTEMS, AND SUSTAINABLE INNOVATION ORIENTATION
ENAS NADHER MOHAMMED ALBAGHDADI; SUPERVISOR: ASST. PROF. DR. HUSAM RJOUB
- 195 sheets; 31 cm. Includes CD
Thesis (PH.D.) - Cyprus International University. Institute of Graduate Studies and Research Business Administration Department
Includes bibliography (sheets 154-195)
ABSTRACT The issues of business model innovations (BMI) and corporate performance have been receiving a tremendous attention from scholars, business captains, and other stakeholders. This is owing to the dynamic and competitive of the contemporary business environment which makes it imperative for every organization to devise a strategy that will enable them to achieve competitive advantage in the market where they operates. The literature shows some gaps that in the understanding of this relationship, as the studies in this area of research are more of theoretical than empirical. Thus, this study aimed at answer the following research questions: i) do business model innovations (BMI) have a relationship with sustainable innovations orientation (SIO)? 2) What are the drivers and outcomes of sustainable innovations orientation? 3) do management accounting and control systems (MACS) have a relationship with sustainable innovation orientations? 4) Do business model innovation influence corporate performance (environmental performance, financial performance, employee performance, and sustainable process and product innovations) through sustainable innovation orientation? 5) Do management accounting and control systems influence corporate performance through sustainable innovation orientation?. In order to address these questions, 400 structured questionnaires were administered to the managers of the selected manufacturing companies in United Arab Emirate (UAE), out of which 355 (88.75%) questionnaire were retrieved and utilized for further analysis. PLS-SEM was employed for the model structural testing with the SmartPLS 3 utilized for data processing. Our study revealed that BMI does not directly influence SIO, but has a direct relationship with MACS, while MACS has a direct relationship with SIO. While industry-related factor shows to be a significant driver of SIO, firm-related shows not to be a determinant. This study found environmental performance (environmental performance, financial performance, employee performance, and sustainable process and product innovations) to be the significant outcomes of sustainable innovation orientations. Thus, the argument of SIO influences the overall corporate performance was supported with our findings. In addition, it was established in this study that MACS partially mediates the relationship between BMI and SIO; while SIO partially mediates the relationship between the followings: MACS and sustainable process innovation; MACS and sustainable product innovations; MACS and environmental performance; and, MACS and financial performance. Lastly, the implications of the study and suggestion for future studies were addressed in the study.