What is it about?
This paper tests whether companies that use GSCM practices benefited from a buffer effect in the context of COVID-19. Our empirical analysis shows that GSCM companies experienced less negative abnormal stock returns during the crisis.
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Why is it important?
This result contributes to the literature on financial impact of GSCM, finding that GSCM is perceived as an effective risk management tool and can serve as an effective drug against COVID-19 crisis. Our paper also contributes to the business debate on the role of green supply chains in the post-COVID19 world.
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This page is a summary of: An empirical analysis: Did green supply chain management alleviate the effects of COVID‐19?, Business Strategy and the Environment, March 2021, Wiley, DOI: 10.1002/bse.2772.
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