Date of Conferral
2021
Degree
Doctor of Business Administration (D.B.A.)
School
Information Systems and Technology
Advisor
John C. Hannon
Abstract
Some U.S. small public corporations are delisting within five years of an initial public offering, mostly because of financial failure. Domestic small capitalization firms in the advanced manufacturing and technology industries may not know which specific business practices impact financial performance. Grounded in stakeholder theory, the purpose of this quantitative study examined the relationship between waste prevention, stakeholder confidence, and financial performance. Archival data records (N = 72) were from public U.S. firms with a specific Standard Industrial Classification code, deemed by the U.S. Securities and Exchange Commission as stock issuers without suspended or revoked securities in 2013. Results of the multiple linear regression analyses were significant, F(2, 69) = 20.68, p < .01, R2 = .38. Waste prevention (β = .22) and stakeholder confidence (β = .52) were significant contributors to financial performance. A recommendation is that U.S. small stock company leaders in both industries promote efforts to educate community youth in underserved areas on how the manufacturing and technology industries develop sustainable practices to serve society better. Implications for positive social change include the potential to reduce risk-related impacts on human health from toxic chemical releases, promote capital efficiency, and create jobs. U.S. small public company leaders in advanced manufacturing and technology industries may improve financial performance.
Recommended Citation
Davenport, Deborah Lynn, "Relationship Between Waste Prevention, Stakeholder Confidence, and Financial Performance of U.S. Public Manufacturers in the Advanced and Technology Industries" (2021). Walden Dissertations and Doctoral Studies. 10380.
https://scholarworks.waldenu.edu/dissertations/10380
