Environmental and social performance relationships to firm efficiency: Evidence from the semiconductor industry

IF 9.8 1区 工程技术 Q1 ENGINEERING, INDUSTRIAL
Lihua Sun , Chunguang Bai , Joseph Sarkis
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引用次数: 0

Abstract

Escalating global demand for high-performance computing and smart devices has driven rapid expansion in the semiconductor industry. This expansion raises environmental and societal sustainability concerns among stakeholders. Although there is a growing commitment to environmental and social responsibilities by semiconductor companies, the impact of these responsibilities and initiatives on corporate performance remains unclear—especially with respect to general firm operational efficiency. Thus, this study employs a sample of 129 listed Chinese semiconductor companies and a slack-based data envelopment analysis (SBM-DEA) methodology to examine the relationship between corporate environmental and social performance and firm efficiency. We also investigate how supply chain position—an important industrial characteristic—moderates these relationships. The findings reveal that: (1) China's semiconductor industry efficiency is relatively low, particularly in the chip design sub-sector; (2) there is a positive relationship between corporate environmental performance and firm efficiency; and (3) supply chain position moderates the relationship between both corporate environmental and social performance and firm efficiency. These findings offer important implications for managers and researchers aiming to foster greater semiconductor industry sustainable development.

环境和社会绩效与公司效率的关系:来自半导体行业的证据
全球对高性能计算和智能设备的需求不断增长,推动了半导体行业的快速发展。这种扩张引发了利益相关者对环境和社会可持续发展的关注。尽管半导体企业越来越多地承担起环境和社会责任,但这些责任和举措对企业绩效的影响仍不明确,尤其是对企业总体运营效率的影响。因此,本研究以 129 家中国半导体上市公司为样本,采用基于松弛的数据包络分析(SBM-DEA)方法,研究企业环境和社会绩效与企业效率之间的关系。我们还研究了供应链地位这一重要的产业特征如何调节这些关系。研究结果表明(1) 中国半导体行业效率相对较低,尤其是在芯片设计子行业;(2) 企业环境绩效与企业效率之间存在正相关关系;(3) 供应链地位调节了企业环境和社会绩效与企业效率之间的关系。这些发现对旨在促进半导体行业可持续发展的管理者和研究人员具有重要的启示意义。
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来源期刊
International Journal of Production Economics
International Journal of Production Economics 管理科学-工程:工业
CiteScore
21.40
自引率
7.50%
发文量
266
审稿时长
52 days
期刊介绍: The International Journal of Production Economics focuses on the interface between engineering and management. It covers all aspects of manufacturing and process industries, as well as production in general. The journal is interdisciplinary, considering activities throughout the product life cycle and material flow cycle. It aims to disseminate knowledge for improving industrial practice and strengthening the theoretical base for decision making. The journal serves as a forum for exchanging ideas and presenting new developments in theory and application, combining academic standards with practical value for industrial applications.
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