Incorporating resource responsibility into production and logistics management: An empirical investigation
Fuzhen Liu,
Chaocheng He and
Kee-hung Lai
Transportation Research Part E: Logistics and Transportation Review, 2024, vol. 187, issue C
Abstract:
Resource responsibility is crucial not only in production operations but also in supply chain management. Nevertheless, limited academic research has delved into the significance of resource responsibility in production and logistics management for performance improvement. Drawing from the natural resource-based view (NRBV), this study examines the impact of resource responsibility and its interplay with digital transformation and political connections on financial performance. We find a positive association between resource responsibility and financial performance using propensity score matching and difference-in-differences analysis on 3,022 firm-year observations. Notably, our findings also reveal that digital transformation and political connections strengthen the positive influence of resource responsibility on financial performance. This study extends the NRBV literature by underscoring the role of digital transformation and political connections in enhancing the organization-resource relationship for economic returns. These insights offer valuable suggestions for managers to embrace resource responsibility in both production and logistics management and for policymakers to achieve sustainability goals.
Keywords: Resource responsibility; Natural resource-based view; Production management; Logistics management; Difference-in-differences analysis (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554524001844
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:187:y:2024:i:c:s1366554524001844
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic
DOI: 10.1016/j.tre.2024.103593
Access Statistics for this article
Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley
More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().