Factors influencing green performance in manufacturing industries

Abstract

The study aims to examine the factors that influence green performance in the manufacturing industry as it has become a burning topic in recent times. Structural Equation Modeling (SEM) has been used as a tool to analyze the data collected from different management levels of employees from the manufacturing industries in Bangladesh. The study shows that environmental performance (ENP) is the most significant factor affecting green performance (GP) in the manufacturing industry. Moreover, economic performance (ECP), operational performance (OP), social performance (SP) and corporate governance performance (CGP) are also significant influential factors of green performance. However, the study found no significant relationship between innovation performance (IP) and GP. The findings of this study provide policymakers as well as the industries authority valuable insight and help take necessary actions regarding green performance.