Identifying practices to achieve sustainability in value chain finance

Document Type : Original Article

Authors

1 PhD Candidate of Entrepreneurship, Department of Entrepreneurship, Islamic Azad University, Aliabad Katoul Branch, Iran

2 Master of Software Engineering, Payam Noor University, Tehran, Iran

3 Product Development and Innovation Department,Tiss TSP, Tehran, Iran

10.22075/svcm.2024.34985.1001

Abstract

The pursuit of sustainable, long-term profitability is a critical driver for value chain management. This study aims to identify the activities and prerequisites for achieving sustainability in value chain financing. This applied research is cross-sectional and descriptive-survey in nature. It was conducted through a combination of library research and experiencive studies. Given the limited research on sustainable value chain financing, a Fuzzy Delphi method was employed to develop a conceptual framework by drawing on collective expertise in addition to a literature review. The most significant identified activities, in descending order of importance, are: developing contingency plans and alternative financing, product/service quality, environmental performance incentive systems and financial efficiency, participation in sustainability initiatives, and regular assessment of sustainability standard compliance. The findings can be utilized to enhance existing theoretical frameworks and develop new models for a better understanding of the concept. The identified factors can serve as a practical guide and roadmap for decision-making, prioritizing investments, and allocating resources effectively for organizations seeking to implement sustainable financing initiatives within their value chains.

Keywords

Strategic Value Chain Management
Volume 1, Issue 2 - Serial Number 2
December 2024
Pages 93-106

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History

  • Receive Date: 08 August 2024
  • Revise Date: 06 September 2024
  • Accept Date: 08 September 2024
  • Publish Date: 21 November 2024

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