Does supply chain matter for environmental firm performance: mediating role of financial development in China

Wei Zhao (), ZhengShan Luo () and Qilei Liu ()
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Wei Zhao: Xi’an University of Architecture and Technology
ZhengShan Luo: Xi’an University of Architecture and Technology
Qilei Liu: Xi’an University of Posts and Telecommunications

Economic Change and Restructuring, 2023, vol. 56, issue 6, No 4, 3837 pages

Abstract: Abstract The purpose of this research is to understand the impact of technological innovation on corporate social responsibility and corporate environmental performance, as well as the difference in the measurement of this impact between domestic and foreign companies. Supply chain management is an essential tool to promote environmentally sustainable manufacturing by owning green products, green supply chain management and green manufacturing processes, believes that companies should participate in inappropriate policies, assessments, practices and activities while achieving all components of economy, environment, charity and ethics. The hierarchical regression model is used to analyse 175 small and medium enterprises samples. The survey results show that technological innovation will affect environmental performance and will also have a positive impact on company performance. Efficient companies can bring greater financial success, which not only supports economic community projects but also supports social welfare. Innovating through the participation of management and employees in environmental protection practices can not only improve the company’s performance but also enhance the company’s image among stakeholders. The findings of this article strengthen existing theories and help establish sustainable practices in Chinese and other developing and developed countries.

Keywords: Technology innovation; Supply chain management; Environmental- supply chain management; Financial supply chain management; Small and medium enterprises (SMEs) (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s10644-022-09410-7

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