Analysis of the Influence of Green Supply Chain Management on Economic Performance
DOI:
https://doi.org/10.24256/kharaj.v6i3.5547Keywords:
green supply chain management, environmental performance, social performance, economic performanceAbstract
This study aims to analyze the influence of green supply chain management practices on economic performance, both directly and mediated by environmental and social performance, in furniture MSMEs in Yogyakarta. This research employs a quantitative descriptive approach, with the population being all furniture SMEs in Yogyakarta. The sampling technique used in this study is purposive sampling. The data used is primary data obtained through questionnaires and interviews. The analysis used in this study is Structural Equation Modeling (SEM) with Partial Least Squares (PLS) version 4.0. The results of this study indicate that green supply chain management practices have a positive impact on environmental and social performance, but green supply chain management practices do not have a positive impact on economic performance, either directly or indirectly mediated by environmental and social performance. Meanwhile, environmental performance has a positive impact on economic performance, while social performance does not have a positive impact on the company's economic performance. Furniture SMEs in Yogyakarta should further enhance the implementation of green supply chain management practices and elaborate on them with the development of existing information technology, adapting them to the conditions of each company to be effective and efficient, thus positively impacting the company's performance.
References
Alfa Puryono, D., & Kurniawan, S. Y. (2017). Penerapan Model Green Supply Chain Management Untuk Meningkatkan Daya Saing UMKM Batik Bakaran. Journal Speed-Sentra Penelitian Engineering Dan Edukasi, 9, 1–9. http://dx.doi.org/10.55181/speed.v9i3.610
Burhan, A. H. N., & Rahmanti, W. (2012). The Impact of Sustainability Reporting on Company Performance. In Journal of Economics (Vol. 15, Issue 2). www.industryweek.com
Carter, C. R., & Rogers, D. S. (2008). A framework of sustainable supply chain management: Moving toward new theory. International Journal of Physical Distribution and Logistics Management, 38(5), 360–387. https://doi.org/10.1108/09600030810882816
Cirprandy Riopaldo Tambunan. (2023, June 23). Kontribusi UMKM dalam perekonomian Indonesia. Publikasi KEMENTERIAN KEUANGAN RI, UMKM. https://djpb.kemenkeu.go.id/kppn/lubuksikaping/id/data-publikasi/artikel/3134-kontribusi-umkm-dalam-perekonomian-indonesia.html
Dian, W., Pambudi, W. F., Adriani Janny, D., Bintang A.M Leonardus, S., Sukrisno, & Kundori. (2022). The mediating role of environmental sustainability between green human resources management, green supply chain, and green business: A conceptual model. Uncertain Supply Chain Management, 10(3), 933–946. https://doi.org/10.5267/j.uscm.2022.3.001
Diskoperindag DIY. (2024). Diskoperindag DIY. https://disperindag.jogjaprov.go.id/industri-furnitur-artikel-33e75ff09dd601bbe69f351039152189
Djunaidi, M., Sholeh, M. A. A., & Mufiid, N. M. (2018). Identifikasi faktor Penerapan Green Supply Chain Management Pada Industri Furniture Kayu. Jurnal Teknik Industri, 19(1), 1–10. https://doi.org/10.22219/jtiumm.vol19.no1.1-10
Efendi Lubis, I., & Rahyuda, H. (2022). The Effect of Environmental Performance on Company Financial Performance With Company Size and Good Corporate Governance as Moderating Variables. Business and Accounting Research (IJEBAR) Peer Reviewed-International Journal, 6. https://jurnal.stie-aas.ac.id/index.php/IJEBAR
Eriksson, D., & Svensson, G. (2015). Elements affecting social responsibility in supply chains. Supply Chain Management, 20(5), 561–566. https://doi.org/10.1108/SCM-06-2015-0203
Feng, M., Yu, W., Wang, X., Yew Wong, C., Xu, M., & Xiao, Z. (2018). Green supply chain management and financial performance: The mediating roles of operational and environmental performance. Business Strategy and the Environment, 27(7), 811–824. https://doi.org/10.1002/bse.2033
Firmansyah, A., Qadri, R. A., & Arfiansyah, Z. (2021). The green supply chain and sustainability performance in emerging country. Journal of Governance and Regulation, 10(1), 139–152. https://doi.org/10.22495/jgrv10i1art13
Green, K. W., Zelbst, P. J., Meacham, J., & Bhadauria, V. S. (2012). Green supply chain management practices: Impact on performance. Supply Chain Management, 17(3), 290–305. https://doi.org/10.1108/13598541211227126
Haholongan, R. (2016). Kinerja Lingkungan Dan Kinerja Ekonomi Perusahaan Manufaktur Go Public. Jurnal Ekonomi Dan Bisnis, 19(3), 414–423. https://doi.org/10.24914/jeb.v19i3.477
Hervani, A. A., Helms, M. M., & Sarkis, J. (2005). Performance measurement for green supply chain management. Benchmarking, 12(4), 330–353. https://doi.org/10.1108/14635770510609015
Holling, H., & Backhaus, L. (2023). A Meta-Analysis of Green Supply Chain Management Practices and Firm Performance. Sustainability, 15(6), 4730. https://doi.org/10.3390/su15064730
Huang, H. (2022). Green Supply Chain Management and Its Impact on Economic-Environmental Performance: Evidence from Asian Countries. Journal of Environmental and Public Health, 2022. https://doi.org/10.1155/2022/7035260
Jermsittiparsert, K., Siriattakul, P., & Wattanapongphasuk, S. (2019). Determining the Environmental Performance of Indonesian SMEs influence by Green Supply Chain Practices with Moderating Role of Green HR Practices. In Int. J Sup. Chain. Mgt (Vol. 8, Issue 3). http://excelingtech.co.uk/
Kalyar, M. N., Shoukat, A., & Shafique, I. (2020). Enhancing firms’ environmental performance and financial performance through green supply chain management practices and institutional pressures. Sustainability Accounting, Management and Policy Journal, 11(2), 451–476. https://doi.org/10.1108/SAMPJ-02-2019-0047
Kompas.com. (2024, February 27). Kinerja UMKM Furnitur Capai Rp kinerja umkm- furnitur capai rp.438 triliun dalam 3 tahun terakhir.
Kusmantini, T., & Untoro, W. (2019). Strategic Profiling: Empirical Evidence of Supply Chain Strategy Practices in Small and Medium Enterprises. Journal of Indonesian Economy and Business, 34, 229–248. http://journal.ugm.ac.id/jieb
Mahajan, R., Lim, W. M., Sareen, M., Kumar, S., & Panwar, R. (2023). Stakeholder theory. Journal of Business Research, 166. https://doi.org/10.1016/j.jbusres.2023.114104
Mann, B. J. S., & Kaur, H. (2020). Sustainable Supply Chain Activities and Financial Performance: An Indian Experience. Vision, 24(1), 60–69. https://doi.org/10.1177/0972262919863189
Manrique, S., & Martí-Ballester, C. P. (2017). Analyzing the effect of corporate environmental performance on corporate financial performance in developed and developing countries. Sustainability (Switzerland), 9(11). https://doi.org/10.3390/su9111957
Margolis, J. D., & Walsh, J. P. (2003). Misery Loves Companies: Rethinking Social Initiatives by Business. Administrative Science Quarterly, 48(2). https://doi.org/10.2307/3556659
Mcwilliams, A., & Siegel, D. (2000). Research Notes and Communications Corporate Social Responsibility and Financial Performance: Correlation or Misspecification? In Strategic Management Journal Strat. Mgmt. J (Vol. 21). https://www.jstor.org/stable/3094143
Priyono, A. (2009). Determinant Factors Of Indonesian Furniture Export To european Union [Thesis]. Fakultas Ekonomi Universitas Indonesia.
Ramlawati R., Asriani Junaid, Syarifah Nurhalisa Alattas, & Muslim Muslim. (2022). The Effect Of Environmental Performance On Profitability With Environmental Disclosure As Moderating. Jurnal Akuntansi, 26(2), 306–323. https://doi.org/10.24912/ja.v26i2.933
Rosati, F., & Faria, L. G. D. (2019). Addressing the SDGs in sustainability reports: The relationship with institutional factors. Journal of Cleaner Production, 215, 1312–1326. https://doi.org/10.1016/j.jclepro.2018.12.107
Shafira, A. D. E., Kusmantini, T., & Wahyuningsih, T. (2021). The Analysis of the Influence of Green Supply Chain Management and Low-Cost Strategies on Environmental Performance. International Journal of Applied Business and International Management, 40–48.
Siregar, D. H., & Pinagara, F. A. (2022). Analysis of The Relationship between Practices and Performance of Green Supply Chain Management in Indonesian Micro, Small, and Medium Enterprises (MSMEs). The South East Asian Journal of Management, 16(2), 118–138. https://doi.org/10.21002/seam.v16i2.1169
Sueyoshi, T., & Goto, M. (2010). Measurement of a linkage among environmental, operational, and financial performance in Japanese manufacturing firms: A use of Data Envelopment Analysis with strong complementary slackness condition. European Journal of Operational Research, 207(3), 1742–1753. https://doi.org/10.1016/j.ejor.2010.07.024
Syaakir, S. (2017). Peran UMKM (Usaha Mikro, Kecil, Dan Menengah) Dalam Perekonomian Indonesia. Bilancia: Jurnal Ilmiah Akuntansi, 11(1).
Taj Hejazi, M., Al Batati, B., & Bahurmuz, A. (2023). The Influence of Green Supply Chain Management Practices on Corporate Sustainability Performance. Sustainability, 15(6), 5459. https://doi.org/10.3390/su15065459
Yalviolita, C., & Hendayani, R. (2022). Pengaruh green supply chain management terhadap kinerja lingkungan dan ekonomi perusahaan pada peternakan ayam di Kabupaten Pesisir Selatan Sumatera Barat. Jurnal Ilmiah Akuntansi Dan Keuangan, 5(2), 689–699. https://journal.ikopin.ac.id/index.php/fairvalue
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
Copyright (c) 2024 Agus Abdul Aziz, Titik Kusmantini, Nilmawati
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. In line with the license, authors are allowed to share and adapt the material. In addition, the material must be given appropriate credit, provided with a link to the license, and indicated if changes were made. If authors remix, transform or build upon the material, authors must distribute their contributions under the same license as the original.
