The impact of circular economy practices on firm performance in the pharmaceutical industry in Ghana
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Date
2023
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KNUST
Abstract
The current changes in climate coupled with the depletion of raw materials have increase interest in sustainability practices such as circular economy. The purpose of this study was to use empirical data to examine the impacts of circular economy practices on firm performance in the pharmaceutical industry. The purposive sampling approach was used to collect data from a cross-section of respondents. The partial least square structural equation modeling (pls sem) was used to explore the relationships among the variables. The results indicate a strong statistically significant positive between circular practices (recycling, repackaging, and remanufacturing) have a positive and significant relationship with firm performance. However, the study discovered that reuse was not significant. This is an original research that examined the impacts of circular economy practices on firm performance in the beverage industry. This research adds to the body of knowledge and motivates practitioners and direction for future studies.
Description
A thesis submitted to the department of supply chain information systems, school of business, college of humanities and social sciences, knust in partial fulfillment of the requirements for the degree of master of science in procurement and supply chain management