Effect of green procurement practices on financial performance

The study’s predictor variable was green procurement and its relationship with financial performance and the mediating effect of green purchasing behaviour. It could be said that, green procurement is a component/dimension of sustainable procurement. It is however, recommended that, future researchers must consider investigating the effect of sustainable procurement on firm financial performance. Again, the study conceptualized financial performance as the dependent/predicted variable. However, future studies and researchers are recommended to consider the effect of sustainable procurement on green performance as a predicted variable instead of financial performance. Finally, the current study adopted the manufacturing sector as a case study. the reason was that, it is that sector which predominantly procures goods and materials for further production. Though the study found positive relationship between green procurement financial performance. However, future studies are therefore recommended to conduct a comparative analysis between the manufacturing and service sector on sustainable procurement and its effect on green performance.

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Publication Details

Journal
African Journal of Procurement, Logistics & Supply Chain Management.
Published
2024-08-29
DOI
https://doi.org/10.4314/ajplscm.v7i8.2
Citations
1
Primary Topic
Public Procurement and Policy
Type
article
Field-Weighted Citation Impact
0.55
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article

Effect of green procurement practices on financial performance

David Ackah, Suzzy Krist Addo, Yornu Kofi Isaac
1 citations
African Journal of Procurement, Logistics & Supply Chain Management.
Public Procurement and Policy
0.55
article

Effect of green procurement practices on financial performance

David Ackah, Suzzy Krist Addo, Yornu Kofi Isaac
article en
1 citations

Abstract

The study’s predictor variable was green procurement and its relationship with financial performance and the mediating effect of green purchasing behaviour. It could be said that, green procurement is a component/dimension of sustainable procurement. It is however, recommended that, future researchers must consider investigating the effect of sustainable procurement on firm financial performance. Again, the study conceptualized financial performance as the dependent/predicted variable. However, future studies and researchers are recommended to consider the effect of sustainable procurement on green performance as a predicted variable instead of financial performance. Finally, the current study adopted the manufacturing sector as a case study. the reason was that, it is that sector which predominantly procures goods and materials for further production. Though the study found positive relationship between green procurement financial performance. However, future studies are therefore recommended to conduct a comparative analysis between the manufacturing and service sector on sustainable procurement and its effect on green performance.

African Journal of Procurement, Logistics & Supply Chain Management.Vol. 7(8)
Accra Technical University (GH), Ministry of Food and Agriculture (GH)
Openalex Percentile: Top 22%
Public Procurement and Policy
0.55
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