Impact of Strategical Sustainability on Real Estate Industry’s Sustainability Performance
Rashmi Jaymin Sanchaniya
Department of Civil Construction and Real Estate Economics and Management, Riga Technical UniversityRiga, LATVIA
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and Ineta Geipele
Department of Civil Construction and Real Estate Economics and Management, Riga Technical UniversityRiga, LATVIA
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Apr 30, 2024
About this article
Published Online: Apr 30, 2024
Page range: 59 - 66
DOI: https://doi.org/10.2478/fman-2024-0004
Keywords
© 2024 Rashmi Jaymin Sanchaniya et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Figure 1.
Regression effects of sustainability performance_ (Source: Authors’ own research)
| Dependent variable | Sustainability performance | |
|---|---|---|
| - | β | Std. Dev. |
| Controls | - | - |
| No. of participants | -3.85E-5 |
1.66E-5 |
| Main effect | - | - |
| Business strategy | 0.190 |
0.081 |
| Management | 0.054 | 0.088 |
| Model summary | - | - |
| F | 15.610 |
- |
| R2 | 0.391 | - |
| Adjusted R2 | 0.354 | - |
Intercorrelation of variables_ (Source: Authors’ own research)
| Variables | Mean | Std. Dev. | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|---|---|
| Business strategy | 3.12 | 0.958 | 0.722 |
0.746 |
0.752 |
1.000 | - | - |
| Management | 3.54 | 0.773 | 0.706 |
0.755 |
1.000 | - | - | - |
| Sustainability performance | 2.52 | 0.638 | 0.528 |
0.517 |
0.523 |
0.557 |
0.613 |
1.000 |
Measurement instrument_ (Source: Authors’ own research)
| Variables | Cronbach’s α |
|---|---|
| Business strategy | 0.891 |
| Management | 0.756 |
| Sustainability performance | 0.749 |