Supplier integration, green sustainability programs, and financial performance of fashion enterprises under global financial crisis

Wing Yan Li, Pui Sze Chow, Tsan Ming Choi, Hau Ling Chan

Research output: Journal article publicationJournal articleAcademic researchpeer-review

32 Citations (Scopus)

Abstract

Undoubtedly, both SI and GSP require significant resources and continuous commitment which affect cash flows and resource allocation of the fashion enterprises. How SI and GSP affect the financial performance of the fashion enterprises under the global financial crisis is hence an important issue. Motivated by the above relationship and based on publicly available data, this study aims to explore empirically (i) the impact of SI and GSP adoption on the financial performance of fashion enterprises, (ii) the ability of SI and GSP adoption to alleviate adversity owing to financial crisis, and (iii) the moderating effect brought by fashion content on the above relationships. The findings reveal that (i) both SI and GSP adoption can significantly improve the financial performance of the fashion enterprises, (ii) both SI and GSP adoption help to mitigate the adverse effect of financial tsunami on the fashion enterprise's financial performance; and (iii) fashion content has a moderating effect for fashion enterprises which sell fashionable items (i.e., “fashionable group”) to increase profits through a higher level of SI or executing GSP to act against financial tsunami. Managerial implications and insights are discussed.
Original languageEnglish
Pages (from-to)57-70
Number of pages14
JournalJournal of Cleaner Production
Volume135
DOIs
Publication statusPublished - 1 Nov 2016

Keywords

  • Empirical study
  • Fashion enterprises
  • Financial performance
  • Green sustainability programs
  • Supplier integration
  • Supply chain management

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment
  • Environmental Science(all)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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