GSCM practices, financial and environmental performance of food industries in China: Basis for sustainable supply chain management framework

International Journal of Research Studies in Management
CollabWritive Special Issue
2023 Volume 11 Issue 9

Available Online25 August 2023

Author/s:

Xu, Nairu
Graduate School, Lyceum of the Philippines University – Batangas, Philippines

Abstract:

This study determined the impact of GSCM practices on the finance and environment through assessment the financial performance and the environmental performance in terms of each dimensions. To improve financial performance, respondents revealed the importance of company competitiveness, ecological environmental protection design, internal environmental management, supply chain green cooperation, investment recovery. To improve environmental performance, respondents revealed the importance of internal environmental management, ecological environmental protection design, investment recovery, supply chain green cooperation. This study also shows that the computed rho-values indicate a moderate to strong relationship among sub variables of supply chain management practices and environmental performance & financial performance. It confirms that a statistically significant relationship between GSCM practices and environmental performance & financial performance. Finally, a framework was developed to show that leadership culture is the prime culture predictor towards innovation while culture commitment appeared negligible.

Keywords: environmental performance, financial performance, green supply chain, sustainable development

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DOIhttps://doi.org/10.5861/ijrsm.2023.1121

Cite this article:
Xu, N. (2023). GSCM practices, financial and environmental performance of food industries in China: Basis for sustainable supply chain management framework. International Journal of Research Studies in Management, 11(9), 101-114. https://doi.org/10.5861/ijrsm.2023.1121