Investigating supply chain participants’ circular economy action effects on firm financial performance from a stakeholder theory perspective

Gu, Jing; Wang, Junyao; Shi, Xinyu; Xu, Xun

doi:10.1016/j.pursup.2024.100903

Journal of Purchasing and Supply Management

2024

DOI: 10.1016/j.pursup.2024.100903

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Investigating supply chain participants’ circular economy action effects on firm financial performance from a stakeholder theory perspective

Jing Gu,

Junyao Wang,

Xinyu Shi

et al.

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2024

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Cited by 4 publications

References 74 publications

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Assessing a Hierarchical Structure for Circular Supply Chain Management Performance: Improving Firms' Eco‐Innovation and Technological Performance

Kurrahman,

Tsai,

Sethanan

et al. 2024

Bus Strat Env

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This study develops and assesses the validity of a hierarchical structure for circular supply chain management performance (CSCMP) in the semiconductor industry. Previous studies have focused on synchronizing technological performance with eco‐innovation to enhance the circular operations, financial benefits, environmental advantages, and social benefits of CSCMP. This study employs a hybrid data–driven approach that combines qualitative and quantitative techniques to develop a hierarchical structure and determine the ranks of various attributes, thereby providing decision‐makers with valuable insights and practical guidance. Content and bibliographic analyses, the entropy‐weighted method, the fuzzy Delphi method, exploratory factor analysis, fuzzy decision‐making trials, evaluation laboratories, and fuzzy analytic network processes are incorporated in this data‐driven approach. The findings of this research suggest that stakeholders must collaborate to improve eco‐innovation and technological performance with the goal of enhancing CSCMP. Decision‐makers must prioritize stakeholder engagement, risk and responsibility sharing, and collaboration within the circular supply chain. Additionally, service innovations and network innovations can enhance the circularity model.

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Assessing a Hierarchical Structure for Circular Supply Chain Management Performance: Improving Firms' Eco‐Innovation and Technological Performance

Kurrahman,

Tsai,

Sethanan

et al. 2024

Bus Strat Env

View full text Add to dashboard Cite

show abstract

Closing the loop: The fundamental role of Purchasing and Supply Management in reaching a circular economy

Jia,

Chen

2024

Journal of Purchasing and Supply Management

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Buyer–supplier TMT background misalignment and green innovation performance: the moderating roles of TMT tenure and incentives

Yang,

Jiang,

Chen

2024

IJOPM

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PurposeWhile top management teams (TMTs) play an important role in shaping firms’ strategic choices and performance outcomes, studies on green innovation have rarely considered the influence of the TMT demographics of firms and their suppliers. Drawing upon upper echelon theory, this study investigates the impact of buyer–supplier TMT misalignment on green innovation performance, along with potential moderators of this effect.Design/methodology/approachThe empirical setting is Chinese-listed manufacturing firms that are present in both the Chinese Research Data Services Platform (CNRDS) database and the China Stock Market and Accounting Research (CSMAR) database. The study employs panel data regression methods on a dyadic dataset of 530 paired buyer–supplier firm-year observations over the period 2008–2019.FindingsBuyer–supplier TMT misalignment in terms of functional background and educational level is negatively associated with buyer green innovation performance. This negative effect can, however, be mitigated by TMT tenure and long-term incentives in buyer firms.Originality/valueBy introducing the notion of TMT background misalignment to the supply chain, this study advances the understanding of relational TMT demographics in predicting organizational performance and extends upper echelon theory.

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Investigating supply chain participants’ circular economy action effects on firm financial performance from a stakeholder theory perspective

Cited by 4 publications

References 74 publications

Assessing a Hierarchical Structure for Circular Supply Chain Management Performance: Improving Firms' Eco‐Innovation and Technological Performance

Assessing a Hierarchical Structure for Circular Supply Chain Management Performance: Improving Firms' Eco‐Innovation and Technological Performance

Closing the loop: The fundamental role of Purchasing and Supply Management in reaching a circular economy

Buyer–supplier TMT background misalignment and green innovation performance: the moderating roles of TMT tenure and incentives

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