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Evaluation of Factors Affecting Sustainable Performance Using PLS-SEM Method and IPMA Chart: A Case Study in Vietnam

    Authors

    • Minh Duc Ly 1
    • Dang Thi Lam 2
    • Le Thi Bich Tram 2
    • Le Thi Huyen Tran Le 2
    • Minh Ly Duc 3

    1 Van Lang University, 69/68 Dang Thuy Tram, Ward 13, Binh Thanh District, HCMC, Vietnam

    2 HCMC University of Technology and Education, Faculty for High-Quality Training, Department of Industrial Management, Thu Duc District, Ho Chi Minh City, Vietnam

    3 Faculty of Commerce, University of Van lang, Binh Thanh District, Ho Chi Minh City, Vietnam.

,

Document Type : Case study

10.47392/IRJASH.2023.058
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Abstract

In a dynamic world, understanding the indirect impacts of green strategies on a company’s sustainable performance through corporate social responsi- bility and green innovation is essential for the environmental management of the workplace. This paper proposes a conceptual SEM model for examining the mediating role of corporate social responsibility and green innovation on the relationship between green strategies and the sustainable performance of manufacturers and Importance-Performance Map Analysis (IPMA) represents the independent variables acting on the same dependent variable on the graph with one axis being performance, the other being importance. The findings indicated that corporate social responsibility and green innovation play sig- nificant mediating roles in the linkage between green strategy and sustainable performance, as well as positively influencing sustainable performance. In this study, we surveyed managers and directors of 432 publicly listed manu- facturers in Vietnam; their responses were used to conduct hypotheses tests regarding the relationships among corporate social responsibility, green inno- vation, green strategies, and sustainable performance. The findings of this study revealed the importance of strategic thinking for finding a sustainable balance between economic, social, and environmental interests through which company leaders are motivated to perform actions that improve the long-term environmental performance of their businesses.

Keywords

  • Green Strategy
  • Green Innovation
  • Corporation Social Respon- sibility
  • Sustainable Performance
  • SEM
  • IPMA
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International Research Journal on Advanced Science Hub
Volume 5, Issue 08
August 2023
Page 316-329
Files
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  • PDF 2.25 M
History
  • Receive Date: 12 July 2023
  • Revise Date: 16 August 2023
  • Accept Date: 26 August 2023
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  • Article View: 265
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APA

Ly, M. Duc , Lam, D. T. , Bich Tram, L. T. , Tran Le, L. T. H. and Duc, M. L. (2023). Evaluation of Factors Affecting Sustainable Performance Using PLS-SEM Method and IPMA Chart: A Case Study in Vietnam. International Research Journal on Advanced Science Hub, 5(08), 316-329. doi: 10.47392/IRJASH.2023.058

MLA

Ly, M. Duc, , Lam, D. T. , , Bich Tram, L. T. , , Tran Le, L. T. H. , and Duc, M. L. . "Evaluation of Factors Affecting Sustainable Performance Using PLS-SEM Method and IPMA Chart: A Case Study in Vietnam", International Research Journal on Advanced Science Hub, 5, 08, 2023, 316-329. doi: 10.47392/IRJASH.2023.058

HARVARD

Ly, M. Duc, Lam, D. T., Bich Tram, L. T., Tran Le, L. T. H., Duc, M. L. (2023). 'Evaluation of Factors Affecting Sustainable Performance Using PLS-SEM Method and IPMA Chart: A Case Study in Vietnam', International Research Journal on Advanced Science Hub, 5(08), pp. 316-329. doi: 10.47392/IRJASH.2023.058

CHICAGO

M. Duc Ly , D. T. Lam , L. T. Bich Tram , L. T. H. Tran Le and M. L. Duc, "Evaluation of Factors Affecting Sustainable Performance Using PLS-SEM Method and IPMA Chart: A Case Study in Vietnam," International Research Journal on Advanced Science Hub, 5 08 (2023): 316-329, doi: 10.47392/IRJASH.2023.058

VANCOUVER

Ly, M. Duc, Lam, D. T., Bich Tram, L. T., Tran Le, L. T. H., Duc, M. L. Evaluation of Factors Affecting Sustainable Performance Using PLS-SEM Method and IPMA Chart: A Case Study in Vietnam. International Research Journal on Advanced Science Hub, 2023; 5(08): 316-329. doi: 10.47392/IRJASH.2023.058

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