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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

An Analysis of the Correlation between Green Supply Chain Transformation and Enterprise Financial Performance

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DOI: 10.25236/icepbm.2018.11

Author(s)

Zhiqin Wei

Corresponding Author

Zhiqin Wei

Abstract

Green building, which is a trend of the development of architectural industry, is encouraged by China, however, domestic green building has developed slowly during the recent ten years. It is because the relativity between the transformation of Environmentally Conscious Supply Chain and enterprise financial performance is uncertain. The thesis constructs the model of green construction supply chain and financial performance. The effect the environmental protection-oriented transformation of green supply chain has on enterprise financial performance is examined by the case analysis of residential construction enterprises. It turns out that with the driving force of technological innovation, it shows positive correlation between the transformation of enterprise environmentally conscious supply chain and enterprise financial performance. This has a constructive guidance significance for accelerating transition of construction enterprises in order to adapt market requirement, raise the standard of financial performance, strengthen the awareness of environmental protection, promote social profit and promote industrialization of green constructions.

Keywords

Green supply chain, Financial performance, Technological innovation.