Sustainable public procurement in Ghana: an exploratory study

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Date
2023
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KNUST
Abstract
The objective of this study is to investigate the influence of sustainable procurement practices on the market, environmental, and financial performance of public institutions in Ghana. The study utilizes data gathered from informed sources within the public sector procurement landscape. Quantitative methodologies, including correlation and partial least square structural equation modelling, are employed to assess the statistical link between various factors under scrutiny and organizational performance. The t-statistical testing approach is employed to test the hypotheses put forward in the study. The outcomes of the empirical analysis verify three (3) of the nine (9) hypotheses proposed. The study's results indicate that embracing environmentally sustainable procurement practices has a positive impact on the market, financial, and environmental performance of public agencies. The desire to achieve balance among different performance indicators suggests that environmental spp can improve the performance of public institutions in Ghana. In addition, economic sustainable procurement practices have a noteworthy effect on the environmental and financial performance of public institutions. However, economic spp has a negligible impact on the market of public institutions. Based on these outcomes, it can be inferred that sustainable procurement practices offer advantages not only to organizations but also to the environment and society. Therefore, it is advisable for organizations to adopt sustainable procurement practices to boost their performance and make a positive contribution to a sustainable future.
Description
A thesis submitted to the department of supply chain and information systems, institute of distance learning, in partial fulfilment of the requirements for the award of the degree of master of science in logistics and supply chain management
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