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首页> 外文期刊>Journal of Cleaner Production >Supplier integration, green sustainability programs, and financial performance of fashion enterprises under global financial crisis
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Supplier integration, green sustainability programs, and financial performance of fashion enterprises under global financial crisis

机译：全球金融危机下的供应商整合，绿色可持续发展计划以及时尚企业的财务绩效

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摘要

Fashion business is sensitive to economic situations, and supplier integration (SI) and green sustainability programs (GSP) are two timely issues in the fashion industry. Undoubtedly, both SI and GSP require significant resources and continuous commitment which affect cash flows and resource allocation of the fashion enterprises. How SI and GSP affect the financial performance of the fashion enterprises under the global financial crisis is hence an important issue. Motivated by the above relationship and based on publicly available data, this study aims to explore empirically (i) the impact of SI and GSP adoption on the financial performance of fashion enterprises, (ii) the ability of SI and GSP adoption to alleviate adversity owing to financial crisis, and (iii) the moderating effect brought by fashion content on the above relationships. The findings reveal that (i) both SI and GSP adoption can significantly improve the financial performance of the fashion enterprises, (ii) both SI and GSP adoption help to mitigate the adverse effect of financial tsunami on the fashion enterprise's financial performance; and (iii) fashion content has a moderating effect for fashion enterprises which sell fashionable items (i.e., "fashionable group") to increase profits through a higher level of SI or executing GSP to act against financial tsunami. Managerial implications and insights are discussed. (C) 2016 Elsevier Ltd. All rights reserved.
机译：时装业对经济形势敏感，而供应商整合（SI）和绿色可持续性计划（GSP）是时装业中的两个及时问题。毫无疑问，SI和GSP都需要大量资源和持续承诺，这会影响时装企业的现金流和资源分配。因此，SI和GSP如何在全球金融危机下影响时尚企业的财务绩效是一个重要问题。基于上述关系并基于可公开获得的数据，本研究旨在实证研究（i）采用SI和GSP对时尚企业财务绩效的影响，（ii）采用SI和GSP减轻因逆境而产生的逆境的能力金融危机，以及（iii）时尚内容对上述关系的调节作用。调查结果表明：（i）采用SI和GSP均可显着改善时尚企业的财务绩效；（ii）采用SI和GSP均有助于减轻金融海啸对服装企业财务绩效的不利影响； （iii）时尚内容对于销售时尚物品（即“时尚集团”）的时尚企业通过较高的SI级别或执行GSP来应对金融海啸来增加利润具有适度的作用。讨论了管理意义和见解。 （C）2016 Elsevier Ltd.保留所有权利。

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