Business Student,S Perspectives On Green Supply Chain Strategies’ Effects On Environmental And Economic Efficiency

Abstract

Motivation: The main purpose of this research was to determine the relationship between GSCM practices and sustainability performance of economic students in Can Tho City, Vietnam.

Methodology: A structured questionnaire was used to collect data from 430 economic students from business administration, international business, hospitality management, and multimedia communication disciplines. Purposive sampling was used to select respondents due to their in-depth knowledge and involvement in execution and strategy formulation with regard to issues related to supply chains and logistics. All selected students had experienced courses such as supply chain management, global procurement, logistics, and omni-channels. In 10 weeks (November 1, 2022–January 15, 2023), QR codes were used to gather class follow-ups. The structural Equation Modeling (SEM) estimation in applied in this study, which involved an iterative process based on theoretical and empirical analyzes to obtain a structural model fit. This was done to evaluate the rationality of the fundamental multidimensional constructs. The SEM evaluates not only the measurement model but also the structural model. This study focus on five factors off GSCM (internal environmental management, green procurement, green manufacturing, green distribution, and environmental education) and three sustainability performance dimensions (economic, environmental, and social performance). 

Findings: This research found that GSCM impacts economic and environmental performance differently. This research shows green procurement and green manufacturing factors impact positively on economic and environmental performance. This study expands GSCM practice and sustainability literature. This research analyzes GSCM, and economic and environmental aspects of sustainability. The findings highlight the need for universities to emphasize five areas (internal environmental management, green procurement, green manufacturing, green distribution, and environmental education) that are crucial to the long-term success of the economic, and environmental aspects.

Conclusion: Economic student are more likely to become successful business owners who benefit their firms and the economy. Corporate social responsibility, community service, and environmentally responsible production should be taught to students to protect business, communities, and ecosystems.