Sustainable supply chain finance adoption and firm performance: Is green supply chain integration a missing link?

Abstract

Despite the importance of sustainable supply chain finance (SSCF), how it influences firm performance is still inconclusive. On the basis of social exchange theory, we examine how SSCF adoption affects firm performance via green supply chain integration (GSCI), as well as the moderating effect of environmental leadership. Employing data from 317 Chinese manufacturers, we conduct hierarchical regression analyses to examine research hypotheses. Our findings reveal that SSCF adoption positively affects GSCI. Green customer integration partially mediates the influence of SSCF adoption on firm performance. Green supplier integration partially mediates the effect of SSCF adoption on environmental performance, but does not mediate the effect of SSCF adoption on financial performance. Furthermore, environmental leadership negatively moderates the SSCF adoption–GSCI link. This research adds knowledge to the theory and practice by unveiling the “black box” between SSCF adoption and firm performance.

Green supply chain integration, supply chain agility and green innovation performance: Evidence from Chinese manufacturing enterprises

“…Green internal integration means that companies remove crossfunctional barriers and enable different departments to collaborate environmentally in strategy, decision-making, and operations to respond promptly to potential environmental issues (Shah and Soomro, 2021). Green supplier and customer integration, often referred to as external green integration, reflect the degree of cooperation between companies and their supply chain partners in environmental protection (Guo et al, 2022). Green supplier integration helps companies and suppliers understand each other's environmental responsibilities and helps companies reduce pollutant emissions at the source by jointly setting environmental goals and sharing environmental plans (Ji et al, 2020).…”

“…Green external integration creates an atmosphere of mutual trust between enterprises, which allows them to share risks and benefits with supply chain partners, thus building a long-term and stable cooperation network between them (Guo et al, 2022). This stable partnership helps enhance mutual trust and dependence, thus reducing the risk of resource spillover and speculation in cooperation and mitigating the tendency of opportunistic behavior by supply chain members.…”

The effect of human resource strategy on green supply chain integration: the moderating role of information systems and mutual trust

“…The findings also reveal a favorable effect of green supplier and customer integration on economic performance. Although Guo et al. (2022) and Song et al.…”

“…, 2023), relationship learning (Wang et al. , 2018), and sustainable supply chain finance adoption (Guo et al. , 2022).…”

“…The impacts of green supplier and customer integration on economic performance Suppliers and customers are imperative sources of innovative materials and market demand for green products, respectively, and thus, integrating them has favorable economic outcomes (Baah et al, 2021;Guo et al, 2022). Previous studies have identified a positive relationship between green implementation and firm performance.…”