Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance
The primary aim of this research is to investigate the relationship between strategic sustainability and firm success within the real estate sector. Specifically, it aims to assess how strategic sustainability factors, notably business strategy and management, influence sustainability performance. B...
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| Format: | Article |
| Language: | English |
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Sciendo
2024-04-01
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| Series: | Foundations of Management |
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| Online Access: | https://doi.org/10.2478/fman-2024-0004 |
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| _version_ | 1832570298337067008 |
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| author | Sanchaniya Rashmi Jaymin Geipele Ineta |
| author_facet | Sanchaniya Rashmi Jaymin Geipele Ineta |
| author_sort | Sanchaniya Rashmi Jaymin |
| collection | DOAJ |
| description | The primary aim of this research is to investigate the relationship between strategic sustainability and firm success within the real estate sector. Specifically, it aims to assess how strategic sustainability factors, notably business strategy and management, influence sustainability performance. By exploring this uncharted territory, the study seeks to provide insights into the role of strategic sustainability in enhancing an intangible value in terms of sustainability performance. Through quantitative data gathered from the Latvian real estate industry, the research study demonstrates that greater emphasis on business strategy efforts and activities is positively associated with improved sustainability performance. Moreover, it establishes a correlation between enhanced management practices and higher sustainability performance. Ultimately, this research contributes to our understanding of how strategic sustainability can drive the long-term sustainability and success of real estate businesses, benefitting regions, nations, and the global community. |
| format | Article |
| id | doaj-art-452f5723d12c426583daa90305b0fb68 |
| institution | Kabale University |
| issn | 2300-5661 |
| language | English |
| publishDate | 2024-04-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Foundations of Management |
| spelling | doaj-art-452f5723d12c426583daa90305b0fb682025-02-02T15:48:06ZengSciendoFoundations of Management2300-56612024-04-01161596610.2478/fman-2024-0004Impact of Strategical Sustainability on Real Estate Industry’s Sustainability PerformanceSanchaniya Rashmi Jaymin0Geipele Ineta1Department of Civil Construction and Real Estate Economics and Management, Riga Technical University, Riga, LATVIADepartment of Civil Construction and Real Estate Economics and Management, Riga Technical University, Riga, LATVIAThe primary aim of this research is to investigate the relationship between strategic sustainability and firm success within the real estate sector. Specifically, it aims to assess how strategic sustainability factors, notably business strategy and management, influence sustainability performance. By exploring this uncharted territory, the study seeks to provide insights into the role of strategic sustainability in enhancing an intangible value in terms of sustainability performance. Through quantitative data gathered from the Latvian real estate industry, the research study demonstrates that greater emphasis on business strategy efforts and activities is positively associated with improved sustainability performance. Moreover, it establishes a correlation between enhanced management practices and higher sustainability performance. Ultimately, this research contributes to our understanding of how strategic sustainability can drive the long-term sustainability and success of real estate businesses, benefitting regions, nations, and the global community.https://doi.org/10.2478/fman-2024-0004strategic sustainabilityconstruction managementreal estate industrybusiness strategyc39l1l21m0m21 |
| spellingShingle | Sanchaniya Rashmi Jaymin Geipele Ineta Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance Foundations of Management strategic sustainability construction management real estate industry business strategy c39 l1 l21 m0 m21 |
| title | Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance |
| title_full | Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance |
| title_fullStr | Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance |
| title_full_unstemmed | Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance |
| title_short | Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance |
| title_sort | impact of strategical sustainability on real estate industry s sustainability performance |
| topic | strategic sustainability construction management real estate industry business strategy c39 l1 l21 m0 m21 |
| url | https://doi.org/10.2478/fman-2024-0004 |
| work_keys_str_mv | AT sanchaniyarashmijaymin impactofstrategicalsustainabilityonrealestateindustryssustainabilityperformance AT geipeleineta impactofstrategicalsustainabilityonrealestateindustryssustainabilityperformance |