Gestão & Produção
https://gestaoeproducao.com/article/doi/10.1590/1806-9649-2022v29e117
Gestão & Produção
Artigo Original

The role of green supply chain management and green innovation in the effect of corporate social responsibility on firm performance

Maya Novitasari; Dian Agustia

Downloads: 0
Views: 68

Abstract

Abstract:: The application of social performance as a material for transparency of environmental commitments that drive company management on company performance is required in the firms. The purpose of this study was to look into the environmental implications of the firms, specifically the role of green supply chain management and green innovation as intervening variables between the effect of corporate social responsibility on firm performance and the effect of corporate social responsibility on firm performance. This was quantitative research. PROPER companies listed on the Indonesia Stock Exchange from 2015 to 2019 comprised the study's population. Research data was obtained from the Indonesia Stock Exchange. The sample for this study was 211 companies' annual reports and financial statements, which were obtained through a purposive sampling method. STATA was used to test the data in this study. The results of the study revealed that green supply chain management mediated the effect of corporate social responsibility on firm performance, green innovation did not mediate the effect of corporate social responsibility on firm performance, green supply chain management mediated the effect of corporate social responsibility on green innovation, and green innovation did not mediate the effect of green supply chain management on firm performance.

Keywords

Corporate social responsibility, Green supply chain management, Green innovation, Firm performance, Sustainability

Referências

Abeysekara, N., Wang, H., & Kuruppuarachchi, D. (2019). Effect of supply-chain resilience on firm performance and competitive advantage: a study of the Sri Lankan apparel industry. Business Process Management Journal, 25(7), 1673-1695. http://dx.doi.org/10.1108/BPMJ-09-2018-0241.

Abu Seman, N. A., Govindan, K., Mardani, A., Zakuan, N., Mat Saman, M. Z. M., Hooker, R. E., & Ozkul, S. (2019). The mediating effect of green innovation on the relationship between green supply chain management and environmental performance. Journal of Cleaner Production, 229, 115-127. http://dx.doi.org/10.1016/j.jclepro.2019.03.211.

Acquah, I. S. K., Agyabeng-Mensah, Y., & Afum, E. (2021). Examining the link among green human resource management practices, green supply chain management practices and performance. Benchmarking, 28(1), 267-290. http://dx.doi.org/10.1108/BIJ-05-2020-0205.

Agan, Y., Kuzey, C., Acar, M. F., & Açikgöz, A. (2016). The relationships between corporate social responsibility, environmental supplier development, and firm performance. Journal of Cleaner Production, 112, 1872-1881. http://dx.doi.org/10.1016/j.jclepro.2014.08.090.

Agustia, D., Sawarjuwono, T., & Dianawati, W. (2019). The mediating effect of environmental management accounting on green innovation: firm value relationship. International Journal of Energy Economics and Policy, 9(2), 299-306.

Ahmed, W., Najmi, A., & Khan, F. (2019). Examining the impact of institutional pressures and green supply chain management practices on firm performance. Management of Environmental Quality, 31(5), 1261-1283. http://dx.doi.org/10.1108/MEQ-06-2019-0115.

Al-Matari, E. M., Al-Swidi, A. K., & Fadzil, F. H. B. (2014). The measurements of firm performance’s dimensions. Asian Journal of Finance & Accounting, 6(1), 24. http://dx.doi.org/10.5296/ajfa.v6i1.4761.

Al-Shammari, M. A., Banerjee, S. N., & Rasheed, A. A. (2021). Corporate social responsibility and firm performance: a theory of dual responsibility. Management Decision, 60(3), 1513-1540.

Angel, K., Menéndez-Plans, C., & Orgaz-Guerrero, N. (2018). Risk management: comparative analysis of systematic risk and effect of the financial crisis on US tourism industry: panel data research. International Journal of Contemporary Hospitality Management, 30(3), 1920-1938. http://dx.doi.org/10.1108/IJCHM-03-2016-0173.

Anser, M. K., Zhang, Z., & Kanwal, L. (2018). Moderating effect of innovation on corporate social responsibility and firm performance in realm of sustainable development. Corporate Social Responsibility and Environmental Management, 25(5), 799-806. http://dx.doi.org/10.1002/csr.1495.

Asif, M. S., Lau, H., Nakandala, D., Fan, Y., & Hurriyet, H. (2020). Adoption of green supply chain management practices through collaboration approach in developing countries: from a literature review to the conceptual framework. Journal of Cleaner Production, 276, 124191. http://dx.doi.org/10.1016/j.jclepro.2020.124191.

Bu, X., Dang, W. V. T., Wang, J., & Liu, Q. (2020). Environmental orientation, green supply chain management, and firm performance: empirical evidence from chinese small and medium-sized enterprises. International Journal of Environmental Research and Public Health, 17(4), 1199. http://dx.doi.org/10.3390/ijerph17041199. PMid:32069931.

Buallay, A., Kukreja, G., Aldhaen, E., Al Mubarak, M., & Hamdan, A. M. (2020). Corporate social responsibility disclosure and firms’ performance in mediterranean countries: a stakeholders’ perspective. EuroMed Journal of Business, 15(3), 361-375. http://dx.doi.org/10.1108/EMJB-05-2019-0066.

Carroll, A. B., & Brown, J. A. (2018). Corporate social responsibility: a review of current concepts, research, and issues. In Corporate social responsibility (Business and Society 360, Vol. 2, pp. 39-69). Bingley: Emerald Publishing Limited. http://dx.doi.org/10.1108/S2514-175920180000002002.

Chakroun, S., Salhi, B., Ben Amar, A., & Jarboui, A. (2020). The impact of ISO 26000 social responsibility standard adoption on firm financial performance evidence from France. Management Research Review, 43(5), 545-571. http://dx.doi.org/10.1108/MRR-02-2019-0054.

Chan, L., An, B., & Nasir, A. B. M. (2019). Does the method of corporate diversification matter to firm’s performance? Asia-Pacific Contemporary Finance and Development, 26, 207-233. http://dx.doi.org/10.1108/S1571-038620190000026011.

Cheng, S., Lin, K. Z., & Wong, W. (2016). Corporate social responsibility reporting and firm performance: evidence from China. The Journal of Management and Governance, 20(3), 503-523. http://dx.doi.org/10.1007/s10997-015-9309-1.

Chiu, J. Z., & Hsieh, C. C. (2016). The impact of restaurants’ green supply chain practices on firm performance. Sustainability (Switzerland), 8(1), 1-14. http://dx.doi.org/10.3390/su8010042.

Choi, S. B., Min, H., Joo, H. Y., & Choi, H. B. (2017). Assessing the impact of green supply chain practices on firm performance in the Korean manufacturing industry. International Journal of Logistics Research and Applications, 20(2), 129-145. http://dx.doi.org/10.1080/13675567.2016.1160041.

Corsi, K., & Arru, B. (2021). Role and implementation of sustainability management control tools : critical aspects in the Italian context. Accounting, Auditing & Accountability Journal, 34(9), 29-56. http://dx.doi.org/10.1108/AAAJ-02-2019-3887.

Duan, Z., He, Y., & Zhong, Y. (2018). Corporate social responsibility information disclosure objective or not: an empirical research of chinese listed companies based on text mining. Nankai Business Review International, 9(4), 519-539. http://dx.doi.org/10.1108/NBRI-01-2018-0003.

Frempong, M. F., Mu, Y., Adu-yeboah, S. S., Hossin, M. A., & Adu-gyamfi, M. (2021). Corporate sustainability and firm performance: the role of green innovation capabilities and sustainability - oriented supplier - buyer relationship. Sustainability (Switzerland), 13(18), 1-20. http://dx.doi.org/10.3390/su131810414.

Frimpong, F. K. S., Ofei, E. F., Okuntey, A. A., & Eric, H. (2021). Investigating corporate social responsibility on financial performance in the telecommunication industry: MTN - Ghana perspective. International Journal of Economics and Business Administration, 7(2), 80-88.

Green, K. W., Inman, R. A., Sower, V. E., Zelbst, P. J., & Green, K. W. (2019). Impact of JIT, TQM and green supply chain practices on environmental sustainability. Journal of Manufacturing Technology Management, 30(1), 26-47. http://dx.doi.org/10.1108/JMTM-01-2018-0015.

Halkos, G., & Nomikos, S. (2020). Corporate social responsibility: trends in global reporting initiative standards. Economic Analysis and Policy, 69, 106-117. http://dx.doi.org/10.1016/j.eap.2020.11.008.

Hassan, A. (2019). Verbal tones in sustainability assurance statements: an empirical exploration of explanatory factors. Sustainability Accounting Management and Policy Journal, 10(3), 427-450. http://dx.doi.org/10.1108/SAMPJ-06-2017-0051.

Hernández, J. P. S., Yañez-Araque, B., & Moreno-Garcia, J. (2020). Moderating effect offirm size on the influence of corporate socialresponsibility in the economic performance of micro-, small- and medium-sized enterprises. Technological Forecasting and Social Change, 151, 119774. http://dx.doi.org/10.1016/j.techfore.2019.119774.

Hou, T. C. (2019). The relationship between corporate social responsibility and sustainable financial performance: firm‐level evidence from Taiwan. Corporate Social Responsibility and Environmental Management, 26(1), 19-28. http://dx.doi.org/10.1002/csr.1647.

Huang, X., Yang, S., & Shi, X. (2021). How corporate social responsibility and external stakeholder concerns affect green supply chain cooperation among manufacturers: an interpretive structural modeling analysis. Sustainability (Switzerland), 13(5), 1-17. http://dx.doi.org/10.3390/su13052518.

Jabbour, C. J. C., Sarkis, J., Jabbour, A. B. L. de S., Renwick, D. W. S., Singh, S. K., Grebinevych, O., Kruglianskas, I., & Filho, M. G. (2019). Who Is In Charge? A review and a research agenda on the ‘human side’ of the circular economy. Journal of Cleaner Production, 222, 793-801. http://dx.doi.org/10.1016/j.jclepro.2019.03.038.

Jabbouri, I., & Almustafa, H. (2020). Corporate cash holdings, firm performance and national governance: evidence from emerging markets. International Journal of Managerial Finance, 17(5), 783-801. http://dx.doi.org/10.1108/IJMF-07-2020-0342.

Jang, S. S., Ko, H., Chung, Y., & Woo, C. (2019). CSR, social ties, and firm performance. Corporate Governance, 19(6), 1310-1323. http://dx.doi.org/10.1108/CG-02-2019-0068.

Javeed, S. A., & Lefen, L. (2019). An analysis of corporate social responsibility and firm performance with moderating effects of CEO power and ownership structure: a case study of the manufacturing sector of Pakistan. Sustainability (Switzerland), 11(1), 1-25. http://dx.doi.org/10.3390/su11010248.

Jiwa, Z., Tarigan, H., & Siagian, H. (2021). Impact of enhanced Enterprise Resource Planning (ERP) on firm performance through green supply chain management. Sustainability, 13(8), 4358. http://dx.doi.org/10.3390/su13084358.

Junaid, M., Zhang, Q., & Syed, M. W. (2022). Effects of sustainable supply chain integration on green innovation and firm performance. Sustainable Production and Consumption, 30, 145-157. http://dx.doi.org/10.1016/j.spc.2021.11.031.

Khan, P. A., & Johl, S. K. (2019). Nexus of comprehensive green innovation, environmental management system-14001-2015 and firm performance: a conceptual framework. Cogent Business & Management, 6(1), 1691833. http://dx.doi.org/10.1080/23311975.2019.1691833.

Kitchot, S., Siengthai, S., & Sukhotu, V. (2020). The mediating effects of HRM practices on the relationship between SCM and smes firm performance in Thailand. Supply Chain Management, 26(1), 87-101. http://dx.doi.org/10.1108/SCM-05-2019-0177.

Kraus, S., Rehman, S. U., & García, F. J. S. (2020). Corporate social responsibility and environmental performance: the mediating role of environmental strategy and green innovation. Technological Forecasting and Social Change, 160(July), 120262. http://dx.doi.org/10.1016/j.techfore.2020.120262.

Kusnadi, Y. (2019). Political connections and the value of cash holdings. Finance Research Letters, 30, 96-102. http://dx.doi.org/10.1016/j.frl.2019.03.035.

Laari, S., Töyli, J., Solakivi, T., & Ojala, L. (2016). Firm performance and customer-driven green supply chain management. Journal of Cleaner Production, 112, 1960-1970. http://dx.doi.org/10.1016/j.jclepro.2015.06.150.

Li, D., Zhao, Y., Zhang, L., Chen, X., & Cao, C. (2017). Impact of quality management on green innovation. Journal of Cleaner Production, 13(8), 462-470.

Lyu, G., Chen, L., & Huo, B. (2019). Logistics resources, capabilities and operational performance a contingency and configuration approach. Industrial Management & Data Systems, 119(2), 230-250. http://dx.doi.org/10.1108/IMDS-01-2018-0024.

Maldonado-guzman, G., Pinzón-castro, S. Y., & Leana-morales, C. (2017). Corporate social responsibility, brand image, and firm reputation in mexican small business. Journal of Management and Sustainability, 7(3), 38-47. http://dx.doi.org/10.5539/jms.v7n3p38.

Melander, L., & Pazirandeh, A. (2019). Collaboration beyond the supply network for green innovation: insight from 11 cases. Supply Chain Management, 24(4), 509-523. http://dx.doi.org/10.1108/SCM-08-2018-0285.

Michalski, M., Montes-Botella, J.-L., & Figiel, A. (2018). Corporate social responsibility in supply chain management: a new model approach. International Journal of Logistics Systems and Management, 30(4), 1-32. http://dx.doi.org/10.1504/IJLSM.2018.093584.

Min, H., & Kim, I. (2012). Green supply chain research: past, present, and future. Logistics Research, 4(1–2), 39-47. http://dx.doi.org/10.1007/s12159-012-0071-3.

Minh, N. N., Loc, N. D., & Author, C. (2020). The moderating effect of green supply chain management. EVIDENCE FROM., 7(19), 2823-2832.

Ministry of Environment and Forestry. (2021). Decree of the director general of pollution and environmental damage control SK.30/PPKL/WAS.3/4/2021. Jakarta, Indonesia: Ministry of Environment and Forestry.

Nirino, N., Ferraris, A., Miglietta, N., & Invernizzi, A. C. (2020). Intellectual Capital: the missing link in the corporate social responsibility–financial performance relationship. Journal of Intellectual Capital, 23(2), 420-438. http://dx.doi.org/10.1108/JIC-02-2020-0038.

Novitasari, M., & Agustia, D. (2021). Green supply chain management and firm performance: the mediating effect of green innovation. Journal of Industrial Engineering and Management, 14(2), 391-403. http://dx.doi.org/10.3926/jiem.3384.

Nyeadi, J. D. (2018). Corporate social responsibility and fi nancial performance nexus empirical evidence from south african listed firms. Global Responsibility, 9(3), 301-328. http://dx.doi.org/10.1108/JGR-01-2018-0004.

Padilla-Lozano, C. P., & Collazzo, P. (2021). Corporate social responsibility, green innovation, and competitiveness – causality in manufacturing. Competitiveness Review, 32(7), 21-39. http://dx.doi.org/10.1108/CR-12-2020-0160.

Qiu, L., Jie, X., Wang, Y., & Zhao, M. (2020). Green product innovation, green dynamic capability, and competitive advantage: evidence from Chinese manufacturing enterprises. Corporate Social Responsibility and Environmental Management, 27(1), 146-165. http://dx.doi.org/10.1002/csr.1780.

Qorri, A., Mujkić, Z., Gashi, S., & Kraslawski, A. (2018). Green supply chain management practices and company performance: a meta-analysis approach. Procedia Manufacturing, 17, 317-325. http://dx.doi.org/10.1016/j.promfg.2018.10.052.

Raut, R., Narkhede, B. E., Gardas, B. B., & Luong, H. T. (2018). An ISM approach for the barrier analysis in implementing sustainable practices: the Indian oil and gas sector. Benchmarking, 25(4), 1245-1271. http://dx.doi.org/10.1108/BIJ-05-2016-0073.

Riyadh, H. A., Sukoharsono, E. G., & Alfaiza, S. A. (2019). The impact of corporate social responsibility disclosure and board characteristics on corporate performance. Cogent Business and Management, 6(1), 1-18. http://dx.doi.org/10.1080/23311975.2019.1647917.

Saha, R., Shashi, Cerchione, R., Singh, R., & Dahiya, R. (2020). Effect of ethical leadership and corporate social responsibility on firm performance: a systematic review. Corporate Social Responsibility and Environmental Management, 27(2), 409-429. http://dx.doi.org/10.1002/csr.1824.

Samad, S., Nilashi, M., Almulihi, A., Alrizq, M., Alghamdi, A., Mohd, S., Ahmadi, H., & Azhar, S. N. F. S. (2021). Green supply chain management practices and impact on firm performance: the moderating effect of collaborative capability. Technology in Society, 67, 1-11. http://dx.doi.org/10.1016/j.techsoc.2021.101766.

Sellitto, A. M., Camfield, G. C., & Buzuku, S. (2020). Green innovation and competitive advantages in a furniture industrial cluster: a survey and structural model. Sustainable Production and Consumption, 23, 94-104. http://dx.doi.org/10.1016/j.spc.2020.04.007.

Sellitto, M. A. (2018). Assessment of the effectiveness of green practices in the management of two supply chains. Business Process Management Journal, 24(1), 23-48. http://dx.doi.org/10.1108/BPMJ-03-2016-0067.

Shahzad, M., Qu, Y., Javed, S. A., Zafar, A. U., & Rehman, S. U. (2020). Relation of environment sustainability to CSR and green innovation : a case of Pakistani manufacturing industry. Journal of Cleaner Production, 253, 119938. http://dx.doi.org/10.1016/j.jclepro.2019.119938.

Sharma, V. K., Chandna, P., & Bhardwaj, A. (2017). Green supply chain management related performance indicators in agro-industry: a review. Journal of Cleaner Production, 141, 1194-1208. http://dx.doi.org/10.1016/j.jclepro.2016.09.103.

Soewarno, N., Tjahjadi, B., & Fithrianti, F. (2019). Green innovation strategy and green innovation: the roles of green organizational identity and environmental organizational legitimacy. Management Decision, 57(11), 3061-3078. http://dx.doi.org/10.1108/MD-05-2018-0563.

Tang, M., Walsh, G., Lerner, D., Fitza, M. A., & Li, Q. (2017). Green innovation, managerial concern, and firm performance: an empirical study. Business Strategy and the Environment

Teixeira, A. A., Jabbour, C. J. C., Sousa Jabbour, A. B. L., Latan, H., & Oliveira, J. H. C. (2016). Green training and green supply chain management: evidence from Brazilian Firms. Journal of Cleaner Production, 116, 170-176. http://dx.doi.org/10.1016/j.jclepro.2015.12.061.

Úbeda-García, M., Claver-Cortés, E., Marco-Lajara, B., & Zaragoza-Sáez, P. (2021). Corporate social responsibility and firm performance in the hotel industry. The mediating role of green human resource management and environmental outcomes. Journal of Business Research, 123, 57-69. http://dx.doi.org/10.1016/j.jbusres.2020.09.055.

United Nations Global Compact. (2020). Using bus: better word. Retrieved in 2022, March 29, from https://www.unglobalcompact.org/sdgs/about

Vacca, A., Iazzi, A., Vrontis, D., & Fait, M. (2020). The role of gender diversity on tax aggressiveness and corporate social responsibility: evidence from Italian listed companies. Sustainability (Switzerland), 12(5), 2007. http://dx.doi.org/10.3390/su12052007.

Wang, C. (2019). How organizational green culture influences green performance and competitive advantage: the mediating role of green innovation. Journal of Manufacturing Technology Management, 30(4), 666-683. http://dx.doi.org/10.1108/JMTM-09-2018-0314.

Wang, C., Zhang, Q., & Zhang, W. (2020). Corporate social responsibility, green supply chain management, and firm performance: the moderating role of big-data analytics capability. Research in Transportation Business & Management, 37, 100557. http://dx.doi.org/10.1016/j.rtbm.2020.100557.

Welford, R. (2007). Corporate governance and corporate social responsibility: issues for Asia. Corporate Social Responsibility and Environmental Management, 14(1), 42-51. http://dx.doi.org/10.1002/csr.139.

Xue, M., Boadu, F., & Xie, Y. (2019). The penetration of green innovation on firm performance: effects of absorptive capacity and managerial environmental concern. Sustainability, 11(9), 1-24. http://dx.doi.org/10.3390/su11092455.

Yang, M., Bento, P., & Akbar, A. (2019). Does CSR influence firm performance indicators? Evidence from Chinese pharmaceutical enterprises. Sustainability (Switzerland), 11(20), 1-18. http://dx.doi.org/10.3390/su11205656.

Yildiz Çankaya, S., & Sezen, B. (2019). Effects of green supply chain management practices on sustainability performance. Journal of Manufacturing Technology Management, 30(1), 98-121. http://dx.doi.org/10.1108/JMTM-03-2018-0099.

Yoon, B., & Chung, Y. (2018). The effects of corporate social responsibility on firm performance: a stakeholder approach. Journal of Hospitality and Tourism Management, 37, 89-96. http://dx.doi.org/10.1016/j.jhtm.2018.10.005.

Younis, H., & Sundarakani, B. (2020). The impact of firm size, firm age and environmental management certification on the relationship between green supply chain practices and corporate performance. Benchmarking, 27(1), 319-346. http://dx.doi.org/10.1108/BIJ-11-2018-0363.

Zhang, D., Rong, Z., & Ji, Q. (2019a). Green innovation and firm performance: evidence from listed companies in China. Resources, Conservation and Recycling, 144, 48-55. http://dx.doi.org/10.1016/j.resconrec.2019.01.023.

Zhang, Z., Gong, B., Tang, J., Liu, Z., & Zheng, X. (2019b). The joint dynamic green innovation and pricing strategies for a hybrid system of manufacturing and remanufacturing with carbon emission constraints. Kybernetes, 48(8), 1699-1730. http://dx.doi.org/10.1108/K-06-2018-0339.

Zhou, Y., Shu, C., Jiang, W., & Gao, S. (2019). Green management, firm innovations, and environmental turbulence. Business Strategy and the Environment, 28(4), 567-581. http://dx.doi.org/10.1002/bse.2265.
 

62f3ef2ba953954dbc613e52 gp Articles

Gest. Prod.

Share this page
Page Sections