Agency Theory and Sustainability in the Global Supply Chain


Book Description

This book analyzes how and under what conditions collaborating corporations can effectively manage relationships with their suppliers in order to decrease the risk of suppliers’ noncompliance with codes of conduct and standards. In so doing, it represents an important addition to the management literature on corporate social responsibility in global supply chains – which is highly topical at a time when companies are increasingly aware of the social and environmental aspects of global sourcing. After an opening systematic review of the literature on agency theory and supply chain management, it explores the rationale underlying collaboration among competitors, and the most critical aspects of such collaboration, in depth. Thanks to the book’s use of real-life examples, readers will learn how agency theory can help improve relationship management and address the major issues in sustainable global sourcing.




Analyzing the Effect of Sustainability on Supply Chain Relationships


Book Description

The notion of sustainability continues to increase in importance for businesses. Today consumers pay attention to the environmental impacts and social consequences of the products they use. Consequently, an increase in interest in the topic from an industry perspective has been observed and the topic is considered a megatrend in today’s global economy worthy of additional academic inquiry. This dissertation looks into the role that sustainability plays for companies in the current business environment and its effect on supply chain relationships. This book highlights the effects that introducing sustainability to a supply chain relationship has on the dynamics and structure of these relationships and provides a novel methodological approach to examine the issue. For the analysis, a theoretical framework of current management theories is assembled and the insights of each theory for sustainability in supply chain management are detailed. Through a qualitative and a quantitative research phase, the findings of this dissertation show, that sustainability and collaborative behavior in supply chain relationships positively affect each other. This manuscript provides insights for both research and practice. Theoretical and managerial implications are detailed and the findings are mirrored with the derived theoretical framework. This book therefore helps to promote the effective implementation of sustainability in supply chain management practice and elaborates the theory around the topic.




Supply Chain Information Sharing in the Context of Agency Theory Perspective


Book Description

Master's Thesis from the year 2020 in the subject Business economics - Business Management, Corporate Governance, grade: 2,0, University of Kassel, language: English, abstract: The purpose of this paper is to empirically demonstrate how information sharing is addressing issues of agency theory behaviour in the context of different supply chains. The contribution of this research is, on the one hand, to gain insights of multi-tier supply chain relationship structures of different companies. They aim is to analyse the transparency along the supply chain, which is affected by different behaviour of parties to each other. Afterwards, it is important to draw a conclusion of how supply chain information sharing addresses these issues of agency theory behaviour. Covid-19 is a pandemic that has led to a breakdown in supply chains. One of the reasons for this was the selfish behaviour of many consumers, who bought goods in mass quantities, which leads to empty shelves for the community. Especially in situations like these, it becomes clear how important it is to maintain a resilient supply chain, which can adapt quickly to unpredictable circumstances. A supply chain, which consists of at least of three parties, depends on every single member along the chain. In this way, it becomes more and more important to select the right supplier. Unfortunately, it is not easy to find the right supplier, as many individuals and organisations are driven by opportunistic behaviour and bounded rationality.




Integration of sustainable criteria into a logistics service provider selection process


Book Description

Master's Thesis from the year 2013 in the subject Engineering - Industrial Engineering and Management, Technical University of Berlin (Logistik), language: English, abstract: The need for the integration of sustainability into Supply Chain Management has constantly increased over the last years. The simultaneous rise of the relevance of outsourcing of logistics activities emphasizes the need to put strong attention to sustainable aspects in the relationship between shippers and their logistics service providers (LSP). This thesis strives to answer the question how sustainability can be integrated into the LSP procurement process. Thereto, a broad literature review is compiled by applying all relevant references into a comprehensive framework. One of the main revealed challenges of sustainable LSP procurement is the lack of overview on sustainable selection criteria. In order to overcome this gap, a multi-dimensional model will be presented to improve comparability and organization of criteria by assigning them to a sustainable dimension, field of activity, field of action and time/ planning horizon. The following research on existing sustainable selection criteria results in a long list with 123 criteria. The statistical analyses of this list provide insights into current research directions on sustainability and both approve assumptions and unveil mismatches from the existing body of literature. The development of an expert guidance based on the catalogue of sustainable selection criteria offers practical applications to foster the integration of sustainability into LSP-shipper relationships. It provides assistance for LSP procurement decisions of transportation and warehousing as well as for evaluation of sustainable certification standards. Although the presented criteria catalogue offers an opportunity to compare different selection criteria by counting the number of contributions mentioning a specific criterion, quantitative measurability of sustainable selection criteria remains one of the most important open challenges.




Improving Sustainability Performance in a Two-Tier Supply Network


Book Description

Equity owners are often blamed for the unsustainable behaviors of other supply chain members. Recent events show that focal firms may face reputational and financial damages when such misconducts are exposed. However, controlling sub-suppliers can be challenging due to the high supply chain complexity, lack of contractual relation, and the large distance between the supply chain members. Focal firms adopt different governance strategies to improve sustainability performance, but it is unclear how the behavioral and contextual contingencies affect the sustainability performance of sub-suppliers. To explore this issue, the current study employs agent-based modeling and uses agency theory as an interpretive lens. The results shed light on how sustainability performance of sub-suppliers is impacted by (1) risk-aversion of supply chain members, (2) the cost of monitoring and the cost of undertaking sustainability practices, (3) varying information asymmetry between the focal buyer, intermediary supplier, and focal supplier, (4) stakeholder pressure, (5) and supply chain power.




Purchasing and Supply Management


Book Description

The Fourteenth Edition of Purchasing and Supply Management provides a comprehensive introduction to the purchasing and supply chain management field, supported by over 40 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. The text focuses on decision making throughout the supply chain. Based on the conviction that supply managers, in concert with suppliers and distributors, have to contribute to organizational goals and strategies, this edition continues to focus on how to make that mission a reality.




Theory and Practice of Corporate Social Responsibility


Book Description

Modern businesses and organizations understand that corporate social responsibility (CSR) has become an important factor for sustainable success. At the same time CSR has established itself as a widely accepted element of courses in managerial training and education. This book, designed to support CSR teaching, collects 14 essays that clearly illustrate and explain the benefits and challenges of socially responsible corporate policies. Aligning theory and practice, the book focuses on four central themes: management, environment and sustainability, corporate social responsibility, and accounting and financial reporting. Business students and experienced managers alike will find this book a valuable resource that helps them to discover the strong forces that link successful management with corporate social responsibility.




Supply Chain Risk Mitigation


Book Description

This book covers central issues in mitigating supply chain risks from various perspectives. Today’s supply chains are vulnerable to disruptions that can have a significant impact on firms, business and performance. The aim of supply chain risk management is to identify the potential sources of risks and implement appropriate actions in order to mitigate supply chain disruptions. In this regard, the book presents a wealth of methods, strategies and analyses that are essential for mitigating supply chain risks. As a comprehensive collection of the latest research and cutting-edge developments in supply chain risk and its mitigation, the book is structured into four main parts, addressing supply chain risk strategies and developments; supply chain risk management review; supply chain sustainability and resilience; and supply chain analysis and risk management applications. The contributing authors are leading academic researchers and practitioners, who combine findings and research results with a practical and contemporary view on how companies can best manage supply chain risks and disruptions, as well as how to create resilient and sustainable supply chains. This book can be used as an essential resource for students and scholars who are interested in pursuing research or teaching courses on the rapidly growing field of supply chain management. It also offers an interesting and informative read for managers and practitioners who need to deepen their understanding of effective supply chain risk management.




A Research Agenda for Sustainability and Business


Book Description

How businesses can and are acting to redress social and environmental issues is a question of growing academic interest. Bringing together a range of interdisciplinary perspectives, this insightful Research Agenda evaluates the current state of the art of sustainability and business and assesses key challenges for the field.




Government Impact on Sustainable and Responsible Supply Chain Management


Book Description

A supply chain comprises different actors existing in different countries, including suppliers, producers, and customers. Clothes are supplied from Asia to all other regions; most coffee beans are supplied from South America; and cocoa is produced in Africa. Protecting the rights of people who produce goods in different countries is essential. In fact, according to this evolutionary law, companies need to identify, analyze, and prioritize the risks in their supply chains, and new policies must be established based on these results. New measures are taken to prevent or minimize violations of human rights and damage to the environment. Companies also need to set up grievance channels for people in the supply chains for regular reporting on supply chain practices. The German Supply Chain Act gives consumers the security that companies are managed based on fair production, and many similar legislations are likely to follow in other nations. Businesses around the world must prepare for these types of policies to impact their own supply chain management strategy before they are enforced if they wish to avoid revenue-impacting delays. Government Impact on Sustainable and Responsible Supply Chain Management is edited by Atour Taghipour, with about a decade of experience as a director in Automobile and High-Tech Industries, provides new and innovative ways to integrate social and environmental analysis into global value chains and adapt the law that regulates corporate responsibility for the observance of sustainability and human rights in the supply chain. This book is ideal for professionals and researchers working in governmental and private organizations in supply chain management, operations management, logistics, and operations research. Moreover, the book provides insights and support for executives in managing expertise, knowledge, information, and organizational development in different work communities and environments.