Green supply chain management, risk-taking, and corporate value—Dual regulation effect based on technological innovation capability and supply chain concentration

Abstract

With the promotion of carbon-peak and carbon-neutral strategies and the increase in green awareness, green development is gradually gaining attention, and the green supply chain management (GSCM) derived from traditional supply chain management is gradually becoming a path to promote green development. At the same time, enterprise, as an important source of pollution, how to consider social responsibility, such as environmental protection, in the process of ensuring efficiency improvement has become an important issue. To study the impact of green supply chain management on enterprise value and its path of action, this paper examines the impact of green supply chain management on enterprise value, explores the moderating effect of the risk-taking level, and further analyzes the dual moderating effect played by technological innovation capability and supply chain concentration. Based on the micro data of 131 Chinese listed enterprises from 2014 to 2021, a panel-regression model is used to illustrate how green supply chain management affects enterprise value, and the results show that: 1) green supply chain management can promote enterprise value; 2) the level of risk-taking strengthens the promoting effect of green supply chain management on enterprise value enhancement; and 3) the technological innovation capability negatively regulates the moderating effect of risk-taking, while the supply chain concentration positively regulates the moderating effect of risk-taking. The research results of this paper enrich the path of the effect of implementing of green supply chain management on enterprise value enhancement, i.e., the process of green supply chain management to enhance enterprise value is regulated by the level of enterprise risk-taking, while technological innovation capability and supply chain concentration will also regulate the level of enterprise risk-taking and thus promote enterprise value enhancement. This research not only extends the research perspective and enriches the existing research, but also provides a theoretical basis for enterprises to implement green supply chain management to promote value enhancement and improve the level of green supply chain management implementation and the green development of enterprises.

Influence Mechanism between Corporate Social Responsibility and Financial Sustainability: Empirical Evidence from China

“…CSR to suppliers and customers is reflected as no defaulting on payment, no maliciously lowering of raw material prices, ensuring product quality, and meeting diverse consumer needs, thus winning the trust of upstream suppliers and downstream customers, bringing good reputation to the enterprise, establishing a good brand image, and increasing its visibility and reputation. In addition, fulfilling CSR to suppliers can ensure stable supply of materials, reduce transaction costs and risks, resist external environmental uncertainties, enhance enterprise sensitivity and flexibility [59], unveil business opportunities, accumulate organizational and management experience, and obtain unique social resources. Enterprises' implementation of CSR with regard to the environment can be as achieved by improving resource utilization efficiency, reducing pollutant emissions, using green and clean energy and equipment, and so on.…”

Pengaruh Pelaporan Terintegrasi, Pembangunan Berkelanjutan Dan Manajemen Rantai Pasokan Hijau Terhadap Kinerja Perusahaan

“…Konsep keberlanjutan atau pelestarian lingkungan dapat dicapai dengan penerapan strategi produksi seperti rantai pasokan hijau, melalui penggunaan bahan baku ramah lingkungan, pengurangan emisi pada proses distribusi atau penggunaan kemasan dengan inovasi yang mampu mendorong efisiensi produksi (Istiari & Murwaningsari, 2023). Perusahaan mengadopsi praktik manajemen rantai pasokan hijau sebagai salah satu cara meningkatkan keberlanjutan perusahaan dan menjadi kunci penting untuk membantu meningkatkan keunggulan kompetitif perusahaan (Zhang et al, 2023). Perhatian berbagai pihak kepada konsep keberlanjutan juga tergambar pada penetapan 17 Tujuan Pembangunan Berkelanjutan yang berperan dalam meningkatkan kesejahteraan manusia sekaligus melestarikan ekosistem planet (Ramos et al, 2022).…”

“…Manajemen rantai pasokan hijau yaitu sebuah strategi pengelolaan lingkungan yang dapat menyelesaikan masalah lingkungan dan membantu perkembangan bisnis perusahaan menjadi lebih sehat dengan tujuan mencapai kepuasan pelanggan. (Zhang et al, 2023). Tingkat pengambilan risiko perusahaan mempunyai pengaruh terhadap keputusan perusahaan dan hanya perusahaan dengan tingkat pengambilan risiko tinggi yang akan memilih untuk menerapkan manajemen rantai pasokan hijau dalam strategi bisnisnya.…”

AI Chatbot Adoption in SMEs for Sustainable Manufacturing Supply Chain Performance: A Mediational Research in an Emerging Country

“…Organizational and production knowledge management that encourages AI-based adoption and boosts SCV is one of the best ways to boost long-term SSCP. Few studies focus on the innovativeness of the prospects of green SCM and SC outcomes [58], but the IC link positively influences SSCP. Finally, the novelty of this study is to present the mediation effect of IC among AICs and SSCP (H6) → [(β-0.080, p-0.013, VAF score-0.307 (partial mediation)] and H7 indicates SCV among AICs and SSCP [(β-0.184, p-0.002, VAF score-0.502 also presenting partial mediation [59] effect.…”