The Resource‐worthiness of Environmental Responsibility: A Resource‐based Perspective

Abstract

Abstract Due to the public/private funding debate and their social and physical presence in the community, the most visible touch‐points for environmental responsibility (ER) are arguably seen among public assembly facilities. However, while cost savings and perceptual benefits are considered the most salient outcomes of ‘going green’, little attention has been paid to the resource‐worthiness of ER. Applying facility manager perceptions to the Resource‐based View of the Firm (RBV), various ER impacts and outcomes were assessed. The RBV dimensions were theorized to influence stakeholder and local impacts, the outcomes of which are image enhancement and economic reward. The structural model results confirm our assertions; however, not all paths were in the hypothesized directions. The results show that as a resource, ER is perceived as valuable and to a lesser extent, rare, by facility managers, but it may not necessarily substitute for other organizational resources. Copyright © 2013 John Wiley & Sons, Ltd and ERP Environment