Clement Nangpiire, Francis Oheneba Gyebi, T. Nassè
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Sustainable Procurement Practices and Organisational Performance of Small and Medium Enterprises in Ghana
This study empirically examines the predictive relationship between sustainable procurement practices and its dimensions (staff competence, sustainable IT infrastructure and top management support) and the performance of Small and Medium Enterprises (SMEs). Using the explanatory research design, structured questionnaires were administered to 317 managers and owners of selected SMEs. The Structured equation modeling (SEM) via Smart PLS 4.0 was used for analyzing and testing the hypotheses. The findings show that top management support and sustainable IT infrastructure have moderately significant and positive impact on SMEs performance whilst staff competence did not have any statistically significant effect on SMEs performance. Even though staff competence did not have a statistically significant effect on SME performance in this context, managers and owners should not avoid training and developing staff competence as it may translate in affecting other aspects of business operation not accounted for by SME performance. Through the lens of the institutional theory, resource-based theory and the theory of altruism, the study proves the predictive relationship between sustainable procurement practices and small and medium enterprises in Ghana.
期刊介绍:
International Journal of Economics and Financial Issues (IJEFI) is the international academic journal, and is a double-blind, peer-reviewed academic journal publishing high quality conceptual and measure development articles in the areas of economics, finance and related disciplines. The journal has a worldwide audience. The journal''s goal is to stimulate the development of economics, finance and related disciplines theory worldwide by publishing interesting articles in a highly readable format. The journal is published Bimonthly (6 issues per year) and covers a wide variety of topics including (but not limited to): Macroeconomcis International Economics Econometrics Business Economics Growth and Development Regional Economics Tourism Economics International Trade Finance International Finance Macroeconomic Aspects of Finance General Financial Markets Financial Institutions Behavioral Finance Public Finance Asset Pricing Financial Management Options and Futures Taxation, Subsidies and Revenue Corporate Finance and Governance Money and Banking Markets and Institutions of Emerging Markets Public Economics and Public Policy Financial Economics Applied Financial Econometrics Financial Risk Analysis Risk Management Portfolio Management Financial Econometrics.