Studying the impact of corporate governance on sustainable performance (Case study: Mashhad Carpet Company)

Document Type : Research Paper

Authors

1 Master of Business Management, International university of Imam Reza, Mashhad, Iran.

2 Assistant Professor, Department of Management, Faculty of Management and Accounting, Imam Reza International University, Mashhad, Iran.

10.22080/jsn.2025.5686

Abstract

The aim of this study was to investigate the impact of environmental performance, social performance, and corporate governance on sustainable performance through the mediating role of innovation performance in Mashhad Carpet Company. This study is applied in terms of its purpose and descriptive-survey and correlational in terms of its implementation method. The statistical population of the present study is the employees of Mashhad Carpet Company, whose number was 500 people; based on the Morgan table, 220 people from this statistical population were selected by the available sampling method. The data collection tool was the standard questionnaires of Zhou et al. (2023), Habib (2020), and Suzblier (2018). To measure face validity from the experts' point of view, convergent validity and divergent validity were used by the Fornell and Larker method and factor analysis. To measure reliability, Cronbach's alpha and composite reliability indices were used. The total Cronbach's alpha value was estimated to be 0.949, which is within the acceptable range (above 0.7). Data analysis was performed using structural equation modeling based on partial least squares and SmartPLS 3 software. The results showed that environmental, social and corporate governance performance have a positive and significant effect on innovation performance. The effect of innovation performance on the company's sustainable performance was also reported to be positive and significant.

Keywords

Journal of Society and the Environment
Volume 2, Issue 2
August 2025
Pages 33-56

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