Circular economy practices, green innovation and financial performance: The moderating role of big data analytics

dc.contributor.authorNguyen, Khac Hieu
dc.contributor.authorNguyen, Thi Anh Van
dc.contributor.authorDang, Trang Thi Huyen
dc.contributor.authorHoang, Sinh Duc
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2025-09-03T08:44:53Z
dc.date.available2025-09-03T08:44:53Z
dc.description.abstractEnvironmental pollution and resource degradation have prompted researchers and policymakers to seek solutions. Circular economy practices (CEP) can help enterprises reduce emissions into the environment and move towards sustainable development. CEP has been studied widely in developed countries but less studied in developing countries due to the limited application of CEP in enterprises and the limitation of data. This paper aims to analyse the effect of CEP on financial performance, including revenue, profit and ROA. We also analyse the mediating role of green innovation and the moderating role of big data analytics in the relationship between CEP and financial performance. The natural resource based view (NRBV) theory is used to explain the relationship between variables and establish research hypotheses. We collected data from 413 Vietnamese manufacturing enterprises and used the regression method to test the research hypotheses. The results show that CEP positively impacts financial performance through the mediating role of green innovation. Besides, big data analytics also positively impacts the relationship between CEP and green innovation. In addition to the main results above, digital transformation positively impacts financial performance, but quality management practices do not affect financial performance. The research results are empirical evidence for enterprises considering implementing CEP to move towards sustainable development.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2025-5-014
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/177917
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectCircular economy practicesen
dc.subjectgreen innovationen
dc.subjectbig data analyticsen
dc.subjectdigital transformationen
dc.subjectquality management practicesen
dc.subjectfinancial performanceen
dc.subjectROAen
dc.subject.classificationO14
dc.subject.classificationL15
dc.subject.classificationL25
dc.subject.classificationD22
dc.titleCircular economy practices, green innovation and financial performance: The moderating role of big data analyticsen
dc.typeArticleen
local.accessopen
local.citation.epage16
local.citation.spage1
local.facultyFaculty of Economics
local.filenameEM_3_2025_1
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue3
local.relation.volume28
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