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Journals / Business and Management Studies: An International Journal / 2021 / Cilt: 9 - Sayı: 3

Sustainable supply chain management and financialperformance: An empirical analysis of Turkishmanufacturing companies

Sürdürülebilir tedarik zinciri yönetimi ve finansal performans: Türk imalat işletmelerinin ampirik bir analizi

Deniz ÖZBAY
Pages
908–921
Publication Date
2022-10-11
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Similar to the literature's general view, the findingssupport a positive linear relationship between SSCM and firm financial performance.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The linkage between sustainable supply chain management (SSCM) and financial performance hasattracted increasing interest from both researchers and practitioners.
📊
Key Findings & Data:Although many have argued thatthe SSCM practices improve financial performance, empirical studies have produced mixed results,and the direction of the relationship is still unclear.
💡
Conclusion & Impact:Similar to the literature's general view, the findingssupport a positive linear relationship between SSCM and firm financial performance.
🔬Design:Research Article
📍Scope:2007-2019 Verileri
⚙️Variables:Domain Parameters

Abstract

The linkage between sustainable supply chain management (SSCM) and financial performance hasattracted increasing interest from both researchers and practitioners. Although many have argued thatthe SSCM practices improve financial performance, empirical studies have produced mixed results,and the direction of the relationship is still unclear. This study examined the relationship betweenSSCM and financial performance for Turkish manufacturing companies. Financial performance wasmeasured using ROA, ROE and price to book ratio, while SSCM performance was measured with anew multivariable performance indicator. Financial performance data were obtained from theBloomberg Database, while SSCM data were collected from non-financial reports using contentanalysis. The total sample included 47 manufacturing companies listed in Borsa İstanbul, covering 584firm-year observations for 2007-2019. Panel data regression analysis was used to test the relationshipbetween SSCM and financial performance. Similar to the literature's general view, the findingssupport a positive linear relationship between SSCM and firm financial performance.

Özet

Sürdürülebilir tedarik zinciri yönetimi (STZY) ve finansal performans arasındaki ilişki, hemaraştırmacılar hem de uygulayıcılar için artan bir ilgi uyandırmaktadır. Çoğu çalışma, STZYuygulamalarının finansal performansı iyileştirdiğini iddia etse de, ampirik çalışmalarda karmasonuçlar elde edilmiş olup ilişkinin yönü belirsizliğini korumaktadır. Bu çalışma, Türk imalatşirketleri için STZY ile finansal performans arasındaki ilişkiyi incelemektedir. Finansal performansROA, ROE ve piyasa değeri/defter değeri oranı kullanılarak ölçülürken, STZY performansı çokdeğişkenli yeni bir performans göstergesi ile ölçülmüştür. Finansal performans verileri Bloombergveri tabanından elde edilirken, STZY verileri, içerik analizi kullanılarak, şirketlerin finansal olmayanraporlarından elde edilmiştir. Araştırma örneklemi, Borsa İstanbul'da işlem gören 47 imalat şirketineait 2007-2019 yılı arasındaki 584 veriyi içermektedir. STZY ile finansal performans arasındaki ilişkiyitest etmek için panel veri regresyon analizi kullanılmış olup, literatürdeki genel görüşe benzer şekilde,bulgular STZY ile şirketlerin finansal performansı arasında pozitif doğrusal ilişkiyi desteklemektedir.

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Cite This Article

ÖZBAY, D. (2022). Sustainable supply chain management and financialperformance: An empirical analysis of Turkishmanufacturing companies. Business and Management Studies: An International Journal, Cilt: 9 - Sayı: 3, 908–921. https://ajindex.com/articles/470310

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