Impact of green innovation on the sustainable performance of food industrial firms applying green industry initiatives under the Green Industry Project of the Ministry of Industry of Thailand
Monika Tantayanubutr, and
Vinai Panjakajornsak
Business and Economic Horizons (BEH), 2017, vol. 13, issue 2, 192-209
Abstract:
This research examines the impact of green innovation on the sustainable performance of Thai food industry implementing green industry initiatives in compliance with the national Green Industry Project. The correlation analysis was conducted on green supply chain integration (GSCI) and corporate social responsibility (CSR) as key influencing variables, while the green innovation was a moderator. A total of 441 samples were received from the total population of 8,520 accredited Green Industry Mark enterprises (GIM) (2016). Structural equation modeling (SEM) was employed to test the empirical data derived from surveys, which were collected from entrepreneurs and chief executive officers involved in the Thai food industry. The model indicated the absolute fit indices, confirming the validity and reliability of the SEM analysis. The findings confirmed the positive relationship of the selected key factors and their effect on the sustainable performance.
Keywords: Food industry; green industry; green innovation; sustainable performance; structural equation modeling (search for similar items in EconPapers)
JEL-codes: L25 Q56 Q58 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pdc:jrnbeh:v:13:y:2017:i:2:p:192-209
DOI: 10.15208/beh.2017.15
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