January 25, 2024 - 3:00 pm
January 25, 2024 - 4:00 pm
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An in-depth study on stakeholder collaboration in green supply chain management and firm performance: evidence from the Vietnamese garment industry
Student: Huỳnh Tấn Đạt, VNP-27
Supervisor: Prof.Dr. Nguyễn Trọng Hoài, Dr. Elissaios Papyrakis
This research paper explores the pressing need for sustainability in the face of the rapidly expanding global economy, which places significant strain on the environment. The study focuses on the pivotal role of Green Supply Chain Management (GSCM) within the
transition to circular economies. It systematically investigates how collaborative approaches to green practices among supply chain partners influence a firm’s sustainability performance. Data from 13 garment manufacturing firms in Vietnam were gathered through a mixed-method approach, including surveys and interviews, and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) and benchmarking methods. The findings reveal that buyer monitoring and institutional pressures have a positive and significant impact on internal green supply chain practices. The study emphasizes the need for alignment between Vietnam’s legal framework and international standards to foster environmentally friendly supply chain practices. Furthermore, it underscores the positive relationships between both internal and external GSCM practices and performance measures. Importantly, the research highlights the essential role of green supply chain practices and collaborative efforts in enhancing sustainability and performance in the garment industry. It emphasizes the responsibility of global buyers within the supply chain in driving collaborative initiatives with suppliers and ensuring the promotion of green practices throughout the supply chain, ultimately leading to comprehensive and positive impacts on sustainability.
Keywords: Green supply chain management; stakeholder theory; stakeholder collaboration; operational performance; financial performance; environmental performance; Vietnamese garment industry.
JEL Classification: L67, Q56, Q58