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The Relationship Between Sustainable Supply Chain Management, Stakeholder Pressure, and Financial Performance

Corporate sustainability confronts significant challenges when supply chain managers pursue short-term financial performance to meet stakeholders' expectations. To achieve sustainable economic success, organizational managers need to understand the relationship between corporate sustainability and long-term financial performance. Based on the resource dependence theory, the purpose of this correlational study was to examine the relationship between sustainable supply chain management (SCM), stakeholder pressure, and corporate sustainability performance. The population consisted of worldwide public organizations from Newsweek Global Green Ranking 2016 list engaged in sustainable SCM. The secondary data for the study were collected from databases hosted by Sustainalytics and Standard & Poor's. The hierarchical multiple regression analyses indicated statistically significant relationships between sustainable SCM and corporate sustainability performance, F(5, 158) = 3,981, p = .002, R2[.112], and between stakeholder pressure and corporate sustainability performance, F(5, 158) = 2,552 p = .030, R2[.075]. Analysis of the relationship between sustainable SCM and corporate sustainability performance with stakeholder pressure as a moderator showed non-significant interaction effect, F (5, 158) = 5.54, p < .001, R2 =.11. R2 -chng =.0007, p-int = .669. With stakeholder pressure as a mediator, the relationship showed non-significant indirect effect, b = .024, z = 0.97, p = .329. The findings of this study could contribute to the social change given that sustainable development of supply chains support the conservation of natural resources and living standards of stakeholders.

Identiferoai:union.ndltd.org:waldenu.edu/oai:scholarworks.waldenu.edu:dissertations-5127
Date01 January 2017
CreatorsTchaikovsky, Zulfiya
PublisherScholarWorks
Source SetsWalden University
LanguageEnglish
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceWalden Dissertations and Doctoral Studies

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