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Circular Economy and Business Models: Managing Efficiency in Waste Recycling Firms

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dc.contributor.authorParte Esteban, Laura
dc.contributor.authorAlberca Oliver, María Pilar
dc.date.accessioned2024-09-17T06:54:49Z
dc.date.available2024-09-17T06:54:49Z
dc.date.issued2023-11-23
dc.description.abstractBusiness orientation toward sustainable development goals and the circular economy are relevant research topics today in business theory and practice. The waste recycling sector is a key industry in the circular economy framework for promoting clean production and environmental sustainability. This study analyzes business performance in the recycling sector, focusing on efficiency indicators. The associations between firm efficiency and risk variables were also evaluated. The study goes through several methodological stages, including a Data Envelopment Analysis (DEA) multistage method and multivariate modeling: tobit regression, bootstrap models, and generalized method of moments (GMM). The main results indicate that the average efficiency of waste recycling firms is at a medium level. Large-sized firms achieve higher levels of efficiency than medium-sized and small firms, supporting the economies of scale hypothesis. The evidence also suggests that risk variables (rating score and Zscore) and capital structure are key determinants of firm efficiency in the waste recycling industry.en
dc.description.versionversión publicada
dc.identifier.citationParte, Laura; Alberca, Pilar (2024). Circular Economy and Business Models: Managing Efficiency in Waste Recycling Firms. Business & Society, 63(6), 1426-1461. https://doi.org/10.1177/00076503231205798. Sage Journals.
dc.identifier.doihttps://doi.org/10.1177/00076503231205798
dc.identifier.issn0007-6503; eISSN: 1552-4205
dc.identifier.urihttps://hdl.handle.net/20.500.14468/23755
dc.journal.issue6
dc.journal.titleBusiness & Society
dc.journal.volume63
dc.language.isoen
dc.page.final1461
dc.page.initial1426
dc.publisherSAGE Publications
dc.relation.centerFacultad de Ciencias Económicas y Empresariales
dc.relation.departmentEconomía de la Empresa y Contabilidad
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/deed.es
dc.subject53 Ciencias Económicas
dc.subject.keywordscircular economyen
dc.subject.keywordswaste recycling firmsen
dc.subject.keywordsbusiness performanceen
dc.subject.keywordsenvironmental sustainabilityen
dc.subject.keywordsnonparametric DEA modelsen
dc.titleCircular Economy and Business Models: Managing Efficiency in Waste Recycling Firmsen
dc.typeartículoes
dc.typejournal articleen
dspace.entity.typePublication
relation.isAuthorOfPublicationae710893-6e76-4079-8768-de71b11648e8
relation.isAuthorOfPublicationa1325c82-75a1-4406-9038-d928ab86192d
relation.isAuthorOfPublication.latestForDiscoveryae710893-6e76-4079-8768-de71b11648e8
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