Factors Influencing Green Performance in Manufacturing Industries

Md Harun Ur Rashid,Md Ariful Hoque,Shah Asadullah Mohd Zobair,Md Jafar Shadek,Afzal Ahmad

doi:10.5430/ijfr.v10n6p159

Abstract

The study aims to examine the factors that influence green performance in the manufacturing industry as it has become a burning topic in recent times.Structural Equation Modeling (SEM) has been used as a tool to analyze the data collected from different management levels of employees from the manufacturing industries in Bangladesh. The study shows that environmental performance (ENP) is the most significant factor affecting green performance (GP) in the manufacturing industry. Moreover, economic performance (ECP), operational performance (OP), social performance (SP) and corporate governance performance (CGP) are also significant influential factors of green performance. However, the study found no significant relation between innovation performance (IP) and GP. The findings of this study provide policymakers as well as the industries’ authority valuable insight and help take necessary actions regarding green performance.

Highlights

Human generations of the earlier world have experienced a dependency on a life-support system for existence that was naturally prevailing on the earth
Though some researches focused on examining the green practices of different sectors of Bangladesh, none has concentrated on investigating the factors affecting green practice in the manufacturing industry.this study aims to fill this gap by exploring the drives or factors that making Bangladeshi manufacturing firms green in business practice
Most of the manufacturing industries of Bangladesh are substantial as the study shows 87.6 percent of the responses are from the industries which have more than 100 employees. 59.4 percent of the surveyed responses are from mid-level employees while 8.4 percent are from lower-level

Summary

Introduction

Human generations of the earlier world have experienced a dependency on a life-support system for existence that was naturally prevailing on the earth. Due to such dependency, they spontaneously acknowledged the significance of careful use of natural resources. Recent generations are tremendously using technological advancements to use natural resources without heeding consideration to the negative impacts on the environment (Ngowi, 2001). Such a journey of the current entities of society compromises the sustainability of our future generation. Most of the business industries are directly or indirectly working as perils of such environmental damage

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Conclusion