Nexus between Sustainability Disclosure, Project Success and Competitive Advantage: Analyzing the Moderating Role of Stakeholder Pressure in Public and Private Organizations

Abstract

Project success is a vital element of any business that sustainability effects. Recently, many researchers have been trying to link sustainability with project management as there is very little information available on what is meant by sustainable project management and the responsibilities of the project management to disclose their sustainability activities. Organizations are trying to incorporate sustainability in their business strategies, marketing, and communication. Sustainability is receiving more and more attention, and the relationship between sustainability and project success is still in its infancy ,as shown in the extant literature. The main objective of this study is to investigate the impact of sustainability principles and sustainability disclosure on project success in the presence of competitive Advantage as a mediator and stakeholder pressure as a moderator. 314 valid responses were collected from project-based organizations across Pakistan. Hayes PROCESS and IBM SPSS 26 were utilized for data analysis. The study finds that sustainability principles and sustainability disclosure have a significant positive impact on project success. The study also identified that competitive Advantage significantly mediates the relationship between sustainability principles and project success and the relationship between sustainability disclosure and project success. The findings of the study have theoretical and practical implications. It will be helpful for the organizations to gain competitive Advantage and project success by incorporating sustainability principles and practicing sustainability disclosure.