An empirical analysis: Did green supply chain management alleviate the effects of COVID-19?

被引：50

作者：

Fasan, Marco ^{[1
]}

Soerger Zaro, Elise ^{[2
]}

Soerger Zaro, Claudio ^{[3
]}

Porco, Barbara ^{[4
]}

Tiscini, Riccardo ^{[5
]}

机构：

[1] Ca Foscari Univ, Dept Management, Cannaregio 873, I-30121 Venice, Italy

[2] Fed Univ Grande Dourados, Dourados, MS, Brazil

[3] Univ Estadual Mato Grosso do Sul, Dept Accounting, Ponta Brazil, MS, Brazil

[4] Fordham Univ, Dept Accounting & Taxat, New York, NY 10023 USA

[5] Univ Mercatorum, Rome, Italy

来源：

BUSINESS STRATEGY AND THE ENVIRONMENT | 2021年 / 30卷 / 05期

关键词：

capital markets; coronavirus disease; COVID-19; event study; green supply chain management; GSCM; stakeholder theory; CORPORATE SOCIAL-RESPONSIBILITY; PERFORMANCE; CHINESE; IMPACT; EVENT; SUSTAINABILITY; STRATEGY;

D O I：

10.1002/bse.2772

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Supply chain management played a central role during the COVID-19 crisis, as the outbreak of the pandemic disrupted the majority of all global supply chains. This paper tests whether companies that use green supply chain management (GSCM) practices benefited from a buffer effect in the context of COVID-19. Our empirical analysis, conducted on a sample of U.S. companies, shows that GSCM companies experienced less negative abnormal stock returns during the crisis. This result contributes to the literature on financial impact of GSCM, finding that GSCM is perceived as an effective risk management tool and can serve as an effective drug against COVID-19 crisis. Our paper also contributes to the business debate on the role of green supply chains in the post-COVID19 world.

引用

页码：2702 / 2712

页数：11

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