The role of technological advancement, supply chain, environmental, social, and governance responsibilities on the sustainable development goals of SMEs in Vietnam

Abstract

Technological advancement along with environmental, social, and governance responsibilities are the essential issues in the sustainable development goals of SMEs in Vietnam. Therefore, the purpose of this study is to examine the influence of technological advancement as well as environmental, social, and governance responsibilities towards sustainable development goals while also examining the moderating role of supply chain to the relationship between technological advancement and the sustainable development goals of SMEs in Vietnam. This study used a questionnaire as its data collection method and smart-PLS to analyze the data. The results indicate that technological advancement, environmental, and social responsibilities have a positive association with the sustainable development goals of SMEs in Vietnam. It was also revealed that supply chain significantly moderates the nexus between technological advancement and sustainable development goals. This study serves as a guideline for the regulators in developing regulations related to the sustainable development of business organizations.