Purpose: This study was conducted to investigate the influence of isomorphism institutional theory on green supply chain management (GSCM) and firm performance by using the structural equation model (SEM) to explain the driving factors of reducing the impact of environmental processes on the firm.Design/methodology/approach: Structural equation model (SEM) to explain the driving factors of reducing the impact of environmental processes on the firm.Findings: Isomorphism institutional factors showed a statistically significant positive effect on GSCM practices. Moreover, GSCM practices showed a statistically significant positive effect on firm performance. Under the literature review, customer pressure and top management support are primary factors to achieve GSCM practices and potential to establish firm performance.Research limitations/implications: First, the common hypothesizes do not provide insight into all the relationships that warrant additional inspection. Second, Thailand manufacturers have experiences pressures from foreign customers and competitors but they have opportunities to learn from them to better improvement GSCM practices.Practical implications: Results may highlight pressure for greening and which more efforts are needed for GSCM practices. GSCM practices generally require more effort due to need for collaborating with customer and competitor. Thailand manufacturers are increasingly confronted with isomorphism institutional pressure to implement GSCM practices.Social implications: It is useful the Thailand government promotes GSCM by creating an awareness of the benefits. GSCM can help to alleviate the question of the followers about implementing GSCM and decrease their risk association with the environmental adoption.Originality/value: Research creates clarity of the relationship between isomorphism institutional pressures, top management support, and performance in Thailand, which is a developing country with environmental investment concerns that affect profits from the operations of the firm.
The idea of supply chain finance (SCF), often called "working capital management", is to optimize the flow of funds across the entire supply chain in businesses, theoretically enhancing supply chain participants' efficiency. This study aims to investigate if the relationship between supply chain finance and firm performance is consistent across industry sectors. The sample includes businesses that were listed on the Stock Exchange of Thailand (SET) between 2016 and 2020. The study compared 64 firms in the agro-industry with 668 firms from all SET industries. The annual financial report (Form 56-1) and data from the SETSMART database were mined for source data. Though the multiple regression study found a substantial positive relationship between SCF and firm performance for the agro-industry, it was not consistent across all other industries. The results revealed a significant positive relationship between SCF and firm performance. This research thus assists in understanding how companies listed on the SET manage their financial supply chains. The listed companies may apply the findings to improve their performance through effective working capital management. In addition, governmental agencies can use the results to develop policies that support effective financial supply chain management for all supply chain participants.
Green supply chain management is increasingly recognized in public, and many industry sectors progressively acknowledge its essential. The study's goals were to find an effective green operation strategy model that results in a sustainable competitive advantage for the SMEs agri-foods business. A total of 250 SMEs agri-food business owners were responded to a survey questionnaire. In this study, the partial least squares (PLS-SEM) technique was used for hypothesis testing. Research results indicate that green operation strategy influences the companies to gain better efficiency, environmental, and economic performance.
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