ORGANIZATIONAL AMBIDEXTERITY, ESG AND PERFORMANCE IN SMEs
DOI:
https://doi.org/10.12712/rpca.v.193.69297Abstract
This research investigates the effects of organizational ambidexterity and ESG practices on the organizational performance of micro and small enterprises (MSEs) in the state of Roraima. Using a quantitative approach, 50 companies from the trade and services sectors were analyzed. The data were analyzed using multiple linear regression (MLR). The empirical results revealed a lack of statistical significance between the independent variables (ambidexterity and ESG) in the impact on organizational performance, suggesting that, in contexts of low institutionalization and limited resources, innovation strategies and ESG practices are not yet capable of generating perceived performance gains.
Downloads
References
Abbas, J., Bresciani, S., Subhani, G., & De Bernardi, P. (2025). Nexus of ambidexterity and frugal innovation for enhanced ESG performance of entrepreneurial firms. The role of organizational capabilities. International Entrepreneurship and Management Journal, 21(1), 1-23. https://doi.org/10.1007/s11365-024-01062-5
Agostini, L., Nosella, A., & Filippini, R. (2016). Towards an integrated view of the ambidextrous organization: a second-order factor model. Creativity and Innovation Management, 25 (1), 129-141. https://doi.org/10.1111/caim.12167
Aybars, A., Ataünal, L., & Gürbüz, A. O. (2019). ESG and financial performance: impact of environmental, social and governance issues on corporate performance. In Handbook of research on management thinking in global business economics, 520-536. https://doi.org/10.4018/978-1-5225-7180-3.ch029
Boronat-Navarro, M., Escribá-Esteve, A., & Navarro-Campos, J. (2024). Ambidexterity in micro and small firms: Can competitive intelligence compensate for size constraints?. BRQ Business Research Quarterly, 27(3), 210-226. https://doi.org/10.1177/23409444211054861
Broadstock, D. C., Matousek, R., Meyer, M., & Tzeremes, N. G. (2020). Does corporate social responsibility impact firms' innovation capacity? The indirect link between environmental & social governance implementation and innovation performance. Journal of Business Research, 119, 99-110.https://doi.org/10.1016/j.jbusres.2019.07.014
Carlsson, R., & Nevzorova, T. (2025). Measuring sustainable transformation of small and medium-sized enterprises using management systems standards. Business Strategy and the Environment, 34(1), 708-723. https://doi.org/10.1002/bse.3995
Chams-Anturi, O. Moreno-Luzon, M. D., & Escorcia-Caballero, J. P. (2019). Linking organizational trust and performance through ambidexterity. Personnel Review, 49(4), 956–973. https://doi.org/10.1108/PR-07-2018-0239.
Chen, D., & Wang, S. (2024). Digital transformation, innovation capabilities, and servitization as drivers of ESG performance in manufacturing SMEs. Scientific Reports, 14(1), 24516. https://doi.org/10.1038/s41598-024-76416-8
Chigori, D. T., Chinyamurindi, W., & Rungani, E. C. (2024). Dynamic innovation model for ambidextrous SMEs: Insights from a bibliometrics analysis. South African Journal of Business Management, 55(1), 4282. https://hdl.handle.net/10520/ejc-busman_v55_n1_a4282
Chouaibi, S., Chouaibi, J., & Rossi, M. (2022). ESG and corporate financial performance: The mediating role of green innovation: UK common law versus Germany civil law. EuroMed Journal of Business, 17(1), 46–71. https://doi.org/10.1108/EMJB-09-2020-0101
Cohen, J., Cohen, P., West, S. G., & Aiken, L. S. (2013). Applied multiple regression/correlation analysis for the behavioral sciences. Routledge
Cooper, D. R., & Schindler, P. S. (2016). Métodos de Pesquisa em Administração (12a ed.). McGraw Hill Brasil.
Edmans, A. (2023). The end of ESG. Financial management, 52 (1), 3-17. https://doi.org/10.1111/fima.12413
Field, A. (2013). Discovering statistics using IBM SPSS statistics. Sage.
Friede, G., Busch, T., & Bassen, A. (2015). ESG and financial performance: Aggregated evidence from more than 2000 empirical studies. Journal of Sustainable Finance & Investment, 5(4), 210–233. https://doi.org/10.1080/20430795.2015.1118917
Forte, S.H.A.C., Ferreira Neto, M. N., & Santos, A. C. O. (2022). Effects ex-ante and during the COVID-19 pandemic of the antecedents of market turbulence and propensity to innovate in the relationship between absorptive capacity and performance of micro and small enterprises. Revista Portuguesa e Brasileira de Gestão, 12, 142-162. https://doi.org/10.12660/rgplp.v21n3.2022.88069
Gieske, H., George, B., van Meerkerk, I., & van Buuren, A. (2020). Innovating and optimizing in public organizations: does more become less? Public Management Review, 22(4), 475-497. https://doi.org/10.1080/14719037.2019.1588356.
Gomes, A. K., & Callado, A. (2016). Desempenho organizacional das micro e pequenas empresas localizadas em João Pessoa: Estudo comparativo entre redes de cooperação horizontal e empresas não cooperadas. In XVI Congresso USP Contabilidade e Controladoria. https://congressousp.fipecafi.org/anais/16UspInternational/70.pdf
Hahn, T., Pinkse, J., Preuss, L., & Figge, F. (2015). Tensions in corporate sustainability: towards an integrative framework. Business Ethics Magazine, 127, 297-316. https://doi.org/10.1007/s10551-014-2047-5
Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2018). Multivariate Data Analysis (8ª ed.). Cengage Learning.
Huang, D. Z. (2021). Environmental, social and governance (ESG) activity and firm performance: A review and consolidation. Accounting and Finance, 61, 335–360. https://doi.org/10.1111/ACFI.12569
IBGE. (2023). Censo Demográfico 2022 e indicadores socioeconômicos: densidade demográfica e IDH 2021. https://www.ibge.gov.br/estatisticas/sociais/saude/22827-censo-demografico-2022.html
Katou, A. A., Budhwar, P. S., & Patel, C. (2021). A trilogy of organizational ambidexterity: Leader’s social intelligence, employee work engagement and environmental changes. Journal of Business Research. 128, 688-700. https://doi.org/10.1016/j.jbusres.2020.01.043
Kustyadi, G., & Wijayanti, A. (2021). Ambidexterity and leadership agility in micro, small and medium enterprises (MSME)'s performance: An empirical study in Indonesia. The Journal of Asian Finance, Economics and Business, 8(7), 303-311, https://www.koreascience.or.kr/article/JAKO202118057801273.page
Liang, H., Renneboog, L., & Wang, H. (2022). The foundations of ESG investing: Corporate social responsibility, preferences, and stock ownership. Journal of Financial Economics, 144(3), 721-746. https://doi.org/10.1016/j.jfineco.2021.12.001
Liu, Y., Kim, CY, Lee, EH e Yoo, JW (2022). Relationship between sustainable management activities and financial performance: mediating effects of non-financial performance and moderating effects of the institutional environment. Sustainability, 14 (3), 1168. https://doi.org/10.3390/su14031168
Lubatkin, M. H., Simsek, Z., Ling, Y., & Veiga, J. F. (2006). Ambidexterity and performance in small-to medium-sized firms: The pivotal role of top management team behavioral integration. Journal of management, 32(5), 646-672. https://doi.org/10.1177/0149206306290712
Mao, G., & Kongkaew, T. (2024). How ESG Performance Affects Enterprise Total Factor Productivity: The Moderating Role of Regional and Corporate-Level Innovation Capacity. Journal of Arts Management, 8(4), 532-556. https://so02.tci-thaijo.org/index.php/jam/article/view/272079
March, J. G. (1991). Exploration and exploitation in organizational learning. Organization Science, 2(1), 71-87. https://doi.org/10.1287/orsc.2.1.71
Mayer, C. (2021). The future of the corporation and the economics of purpose. Journal of the British Academy, 9(3), 1–30. https://doi.org/10.1111/joms.12660
O'Reilly, C. A., & Tushman, M. L. (2021). Lead and disrupt: How to solve the innovator's dilemma. Stanford Business Books.
Prieto, I. M., & Pilar Pérez Santana, M. (2012). Building ambidexterity: the role of the human being resource practices in the performance of companies in Spain. Human resource Management, 51 (2), 189-211. https://doi.org/10.1002/hrm.21463
Sadiq, M., Ngo, T. Q., Pantamee, A. A., Khudoykulov, K., Thi Ngan, T., & Tan, L. P. (2022). The role of environmental social and governance in achieving sustainable development goals: evidence from ASEAN countries. Economic Research-Ekonomska Istraživanja, 36(1), 1–21. https://doi.org/10.1080/1331677x.2022.2072357
Sarmento, M., Simões, C., & Lages, L. F. (2024). From organizational ambidexterity to organizational performance: The mediating role of value co-creation. Industrial Marketing Management, 118, 175-188.https://doi.org/10.1016/j.indmarman.2024.02.010
Sebrae. (2022). Como é a Lei da Micro e Pequena Empresa. Portal Sebrae. https://sebrae.com.br/sites/PortalSebrae/galeriavideo/como-e-a-lei-da-micro-e-peque na-empresa%2Cf5cffafc9f3bd710VgnVCM100000d701210aRCRD
Sebrae. (2023, julho). ESG e o impacto nas MPEs. https://www.sebrae.com.br/sites/PortalSebrae/artigos/esg-e-o-impacto-nas-mpes
Sebrae-RR. (2024). Crescimento dos pequenos negócios em Roraima em 2023. Serviço Brasileiro de Apoio às Micro e Pequenas Empresas – Unidade Roraima. https://rr.agenciasebrae.com.br/economia-e-politica/em-roraima-mais-de-78-mil-pequenos-negocios-foram-abertos-em-2023/
SEPLAN–RR. (2023). Informativo-022-2023: PIB de Roraima 2021. https://seplan.rr.gov.br/wp-content/uploads/2023/11/Informativo-022-2023-PIB-DE-RORAIMA-2021.pdf
Severgnini, E., Galdamez, E. V. C., & Vieira, V. A. (2019). The Effects of Exploration, Exploitation, and Ambidexterity on Software Firm Performance/Efeitos do Exploration, Exploitation e Ambidestria no Desempenho das Organizações de Software. RAC-Revista de Administração Contemporânea, 23(1), 111-135. https://doi.org/10.1590/1982-7849rac2019170330
Severgnini, E., Vieira, V. A. & Cardoza Galdamez, E. V. (2018). The indirect effects of performance measurement system and organizational ambidexterity on performance. Business Process Management Journal, 24 (5), 1176-199. https://doi.org/10.1108/BPMJ-06-2017-0159
Sharma, A., Gautam, H., & Chaudhary, R. (2020). Red Tape and Ambidexterity in Government Units. International Journal of Public Administration, 43(8), 736- 743. https://doi.org/10.1080/01900692.2019.1652314.
Thang, D. D., & Chinh, N. T. (2025 Building a model to study the impact of ESG on business performance at small and medium enterprises. International Journal of Advanced Multidisciplinary Research and Studies, 5(2), 801–804. https://doi.org/10.62225/2583049X.2025.5.2.3898
Tohang, V. (2024). Does Innovation Capacity Improve ESG Performance in Digital Industries? E3S Web of Conferences, 571, 06001. https://doi.org/10.1051/e3sconf/202457106001
Tushman, M. L., & O'Reilly, C. A. (1996). Ambidextrous organizations: Managing evolutionary and revolutionary change. California Management Review, 38(4), 8–30. https://doi.org/10.2307/41165852
Úbeda‐García, M., Marco‐Lajara, B., Zaragoza‐Sáez, PC, Manresa‐Marhuenda, E., & Poveda‐Pareja, E. (2022). Green ambidexterity and environmental performance: The role of green human resources. Corporate Social Responsibility and Environmental Management, 29(1), 32-45. https://doi.org/10.1002/csr.2171
Velte, P. (2017). Does ESG performance have an impact on financial performance? Evidence from Germany. Journal of Global Responsibility, 8(2), 169–178. https://doi.org/10.1108/JGR-11-2016-0029.
Wooldridge, J. M. (2016). Introductory Econometrics: A Modern Approach (6ª ed.). Cengage Learning.
Downloads
Published
Issue
Section
License
Authors retain the copyright and grant the journal the right of first publication with simultaneously license under the Creative Commons Attribution License, permitting sharing the paper with acknowledgment of its first publication in this journal.
Authors are allowed to take additional contracts for non-exclusive distribution of the version of the paper published in this journal (eg, publish in institutional repository or publish as a chapter of a book), always with an acknowledgment of its initial publication in this journal.
