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Impact of suppliers’ green attributes in corporate image and financial profit: case maquiladora industry

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Abstract

Nowadays, companies are working in a globalized way and they buy components and raw materials from different supplier in other countries. The selection of the best supplier is a complex process because a lot of attributes must be integrated in the evaluation. Additionally, in the last years environmental attributes of suppliers are essentials to be considered increasing the difficulty of the process. Despite its importance, companies are not fully aware about the potential benefits that are gaining when environmental attributes and regulations are integrated in the supplier’s selection process, usually because environmental friendly products are more expensive. This research presents a structural equation model based on a survey applied to 206 purchasing managers or individuals with similar responsibilities in companies established in Mexico. The objective of this equation model is to generate a causal analysis useful to observe the relation between variables associated to environmental care from suppliers and the financial and corporative image gained. Finds indicate that companies are improving their profits and corporative image if environmental attributes are considered as additional supplier’s selection criteria, and usually these companies are also increasing the quality of their production process.

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Authors and Affiliations

  1. Universidad Autonoma de Ciudad Juarez, 450 Del Charro ave. N, Juarez, 32310, Chihuahua, Mexico

    Rodrigo Villanueva-Ponce, Jorge Luis Garcia-Alcaraz & Jaime Romero-Gonzalez

  2. Instituto Tecnologico de Orizaba, 854 Oriente 9, 94320, Orizaba, Veracruz, Mexico

    Guillermo Cortes-Robles

  3. Universidad de la Rioja, 93 De la Paz ave. Logroño, 26006, La Rioja, Spain

    Emilio Jiménez-Macías & Julio Blanco-Fernández

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  1. Rodrigo Villanueva-Ponce
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  2. Jorge Luis Garcia-Alcaraz
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  3. Guillermo Cortes-Robles
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Villanueva-Ponce, R., Garcia-Alcaraz, J.L., Cortes-Robles, G. et al. Impact of suppliers’ green attributes in corporate image and financial profit: case maquiladora industry. Int J Adv Manuf Technol 80, 1277–1296 (2015). https://doi.org/10.1007/s00170-015-7082-6

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