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Does Greening of Supply Chain, Corporate Sustainability and Efficiency of Social and Economic Corporate Strategies Matter for Corporate Financial Performance? Sriparinya Toopgajank; Chonticha Somjai; Chandej Charoenwiriyakul; Kulnaree Maneechote
International Journal of Supply Chain Management Vol 8, No 6 (2019): International Journal of Supply Chain Management (IJSCM)
Publisher : International Journal of Supply Chain Management

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Abstract

The main purpose of the study is to examine the impact of greening of supply chain, corporate sustainability and efficiency of social and economic corporate strategies on the corporate financial performance of Thai manufacturing firms. Firstly, the study has examined the direct impact of the social and economic efficiency strategies on the corporate financial performance, secondly, the mediating role of corporate social performance, corporate environmental performance and the green supply chain in the relationship between corporate efficacy strategies and the corporate financial performance is examined. The study has surveyed the 435 Thai mangers and used the SEM-PLS to analyze the data. The findings of the study indicate the fact that the company incorporates environmental and social issues voluntarily in its business operations. Therefore, it is difficult to adopt sustainable business strategies. Sustainable strategies implementation is different in the organization in contrast to other business strategies. There is a clear relation between the profit and products for achieve operational goals. The focus in sustainability is to achieve financial, environmental, and social performance respectively. Managers are supported with the achievement of environmental, social and financial goals altogether.
The Entrepreneur Innovation, and Learning Orientation as Antecedents of Global Purchasing: Does the Environmental Turbulence Matter in Thai Import Oriented Industries? Jetsalid Anesukanjanakul; Chonticha Somjai; Chandej Charoenwiriyakul; Teepakorn boonaram
International Journal of Supply Chain Management Vol 8, No 6 (2019): International Journal of Supply Chain Management (IJSCM)
Publisher : International Journal of Supply Chain Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (389.188 KB)

Abstract

The study is planned to examine the impact of entrepreneur innovation and learning orientation on the global purchasing of firms in the five biggest import industries of Thailand. To have a more detailed insight the study has incorporated the two factors from environmental turbulence namely market turbulence, and technological turbulence as moderator. The study has used the PLS-SEM to answer the research questions. PLS-SEM has become an advanced alternative to previous co-variance approaches because of its unique features and abilities. PLS-SEM technique is the widely adopted approach and it has gained huge recognition among the researchers. The findings of the study have provided me the support to the hypotheses result. From the findings it has been found by this study that the organizations, which operate in environment with technological turbulence, possess a strong association between entrepreneurial innovation and learning orientation as compared to less turbulent organizations. There is need for managers to be aware of the level of technological change, which affects the influence of innovation and learning on purchasing performance. There is need for managers to emphasize on learning while operating in highly turbulent technological environment to foster innovation by developing long-term associations with suppliers.
Does the Greening of Supply Chain Have Any Impact on Sustainability and Organizational Performance of Firms in Thai Chemical Industry? Chandej Charoenwiriyakul; Nopadol Burananuth; Sittichai Reungjarungpong; Kittisak Jermsittiparsert
International Journal of Supply Chain Management Vol 8, No 6 (2019): International Journal of Supply Chain Management (IJSCM)
Publisher : International Journal of Supply Chain Management

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The prime objective of the current study is to investigate the determinant of the green supply chain, the impact of the green supply chain on the sustainable performance and lastly the impact of the sustainable performance eon the organizational performance of the Thai chemical firms. The study has employed the survey-based method to answer the research questions as manufacturing managers are surveyed as ultimately, manufacturing managers are responsible for the performance of the organizations for which they work. The SEM-PLS is used to analyze the data collected from the manufacturing managers of Thai chemical firms. The literature provides considerable empirical evidence regarding the linkage of supply chain success with the ERP information mechanism, which helps to share information between the partnering firms. The findings of the study have provided support to the hypotheses results. The consideration of four green constructs in the model explains that cooperation causes largest influence on the environmental performance, next comes the investment recovery and eco-design. However, no significant association was found between cooperation with customers and economic or environmental performance particularly in case of greater customer pressure for adopting environment friendly practices in Thailand.