The role of strategic and value chain flexibility in achieving sustainability performance: an empirical analysis using conventional and consistent PLS

摘要

We contribute to the clarification of the link between dynamic and operational capabilities byexamining how strategic flexibility and value chain flexibility translate into superiorsustainability performance. Using survey data of chemical firms in Germany, our structuralequation model shows that value chain flexibility fully mediates the relationship betweenstrategic flexibility and sustainability performance. Further, we contribute to the ongoingresearch on the partial least squares (PLS) approach to structural equation modeling byestimating the proposed research model with both conventional and consistent PLS (PLSc) andoutlining a guideline for evaluating and reporting PLSc-related findings