Evaluation of financial and economic effects on green supply chain management with multi-criteria decision- making approach: Evidence from companies listed in BIST

Abstract

This chapter aims to analyze the financial and economic effects on green supply chain management of the food and beverages industry. For the research purpose, the fuzzy DEMATEL and fuzzy MOORA methods are used for the integrated model construction. The main stages of the green supply chain are considered as the dimensions and the selected performance measures are listed as a set of criteria for each dimension. Accordingly, 21 food and beverage companies listed in Istanbul Stock Exchange (BIST) are employed to measure the performance of green supply chain processes. It is concluded that low pollution is the most important criterion whereas alternatives has the least weight. Reverse logistic is also second most significant criterion which means that these companies give importance to reduce their costs. It is also found out that there is not a certain correlation between green supply chain management performances with the profitability of the firms. However, it can be seen that bigger firms have higher green supply chain management performance than the smaller firms.