Examination of the Mediating Effects of Physical Asset Management on the Relationship Between Sustainability and Operational Performance
This study examines the mediating effects of physical asset management on the relationship between sustainability and operational performance. Using empirical data based on survey data from six European countries (i.e. Greece, Poland, Slovakia, Slovenia, Sweden and Turkey), this study utilized mediation analysis in order to address the research problem. A macro for SPSS was used to estimate the size of an indirect effect of sustainability on operational performance through a mediator (physical asset management). Results of this study show mediator effect of physical asset management on the relationship between sustainability and operational performance. The paper provides valuable insights into mechanism that have a potential to enhance operational performance. The results contribute to a better understanding on how organizations could achieve higher operational performance outcomes by implementing sustainability and physical asset management practices.