Constructing a Hierarchical Agribusiness Framework in Chinese Belt and Road Initiatives under Uncertainty

Li Cui, Min Zhang, Kuo-Jui Wu and Ming-Lang Tseng
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Li Cui: School of Business, Dalian University of Technology, Panjin 124211, China
Min Zhang: School of Business, Dalian University of Technology, Panjin 124211, China
Kuo-Jui Wu: School of Business, Dalian University of Technology, Panjin 124211, China
Ming-Lang Tseng: School of Business, Dalian University of Technology, Panjin 124211, China

Sustainability, 2018, vol. 10, issue 1, 1-17

Abstract: As a result of China launching its belt and road initiatives, an increasing number of firms are searching for an approach to developing sustainability. In particular, agribusinesses are encountering difficulties exploring decisive practices for sustainable food in a context involving diverse stakeholders. To clarify these differences in expectations between agribusinesses and their stakeholders, this study employs vague sets associated with interpretive structural modelling to develop a framework for agribusinesses and their customers. A comparison of these two frameworks reveals that the government still plays a key role in motivating sustainable food development in terms of establishing the relevant regulations and processes. Moreover, the customer is the final stakeholder that must be taken into account by agribusiness. Both agribusinesses and customers are concerned about health and safety considerations in sustainable food. Further details related to this context are addressed in the present study.

Keywords: sustainable food; stakeholder theory; agribusiness; vague interpretive structural modelling (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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