Circular economy practices and sustainable performance: A meta-analysis

Shiyuan Yin; Fu Jia; Lujie Chen; Qinru Wang

doi:10.1016/j.resconrec.2022.106838

Circular economy practices and sustainable performance: A meta-analysis

Shiyuan Yin, Fu Jia^*, Lujie Chen, Qinru Wang

^*Corresponding author for this work

Department of Intelligent Operations and Marketing

Research output: Contribution to journal › Review article › peer-review

33 Citations (Scopus)

Abstract

This paper aims to investigate the relationship between circular economy (CE) practices and enterprise performance based on existing empirical studies adopting a meta-analysis method. By systematically reviewing the literature, we identify 41 papers published on this topic between 2005 and 2021. The key finding supports that CE practice has benefited both firms’ commercial and ecological sustainability. The results also show that industry type, enterprise scale, and country have a moderating effect on the relationship between CE practices and sustainable performance. In addition, the results of this study can support managers to have greater confidence in adopting CE practices in order to improve both commercial and ecological performance. Further, this may be the first meta-analysis on this topic resolving the mixed results in the existing literature.

Original language	English
Article number	106838
Journal	Resources, Conservation and Recycling
Volume	190
DOIs	https://doi.org/10.1016/j.resconrec.2022.106838
Publication status	Published - Mar 2023

Keywords

Circular economy
Firm performance
Meta-analysis

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.resconrec.2022.106838

Cite this

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title = "Circular economy practices and sustainable performance: A meta-analysis",

abstract = "This paper aims to investigate the relationship between circular economy (CE) practices and enterprise performance based on existing empirical studies adopting a meta-analysis method. By systematically reviewing the literature, we identify 41 papers published on this topic between 2005 and 2021. The key finding supports that CE practice has benefited both firms{\textquoteright} commercial and ecological sustainability. The results also show that industry type, enterprise scale, and country have a moderating effect on the relationship between CE practices and sustainable performance. In addition, the results of this study can support managers to have greater confidence in adopting CE practices in order to improve both commercial and ecological performance. Further, this may be the first meta-analysis on this topic resolving the mixed results in the existing literature.",

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T1 - Circular economy practices and sustainable performance

T2 - A meta-analysis

AU - Yin, Shiyuan

AU - Jia, Fu

AU - Chen, Lujie

AU - Wang, Qinru

PY - 2023/3

Y1 - 2023/3

N2 - This paper aims to investigate the relationship between circular economy (CE) practices and enterprise performance based on existing empirical studies adopting a meta-analysis method. By systematically reviewing the literature, we identify 41 papers published on this topic between 2005 and 2021. The key finding supports that CE practice has benefited both firms’ commercial and ecological sustainability. The results also show that industry type, enterprise scale, and country have a moderating effect on the relationship between CE practices and sustainable performance. In addition, the results of this study can support managers to have greater confidence in adopting CE practices in order to improve both commercial and ecological performance. Further, this may be the first meta-analysis on this topic resolving the mixed results in the existing literature.

AB - This paper aims to investigate the relationship between circular economy (CE) practices and enterprise performance based on existing empirical studies adopting a meta-analysis method. By systematically reviewing the literature, we identify 41 papers published on this topic between 2005 and 2021. The key finding supports that CE practice has benefited both firms’ commercial and ecological sustainability. The results also show that industry type, enterprise scale, and country have a moderating effect on the relationship between CE practices and sustainable performance. In addition, the results of this study can support managers to have greater confidence in adopting CE practices in order to improve both commercial and ecological performance. Further, this may be the first meta-analysis on this topic resolving the mixed results in the existing literature.

KW - Circular economy

KW - Firm performance

KW - Meta-analysis

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DO - 10.1016/j.resconrec.2022.106838

M3 - Review article

AN - SCOPUS:85145994047

SN - 0921-3449

VL - 190

JO - Resources, Conservation and Recycling

JF - Resources, Conservation and Recycling

M1 - 106838

ER -

Circular economy practices and sustainable performance: A meta-analysis

Abstract

Keywords

UN SDGs

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