The Influence of Green Procurement Practice on Organisational Performance. Ghana Water Company Ltd. and Bayport Savings and Loans Plc as Point of Convergence

Main Article Content

Augustine Anane

Abstract

This study was a comparative analysis of Ghana Water Co. Ltd. and Bayport Savings and Loans Plc with respect to Green Procurement practice and organizational performance by assessing the moderating role of supplier collaboration. This study employed a quantitative research approach; a structured questionnaire was used to solicit primary data from 160 staffs of both Ghana Water Co. Ltd and Bayport Savings and Loans Plc. SPSS was used to analyze the data. From the perspective of both Ghana Water Co. Ltd. and Bayport Savings and Loans, the study found that green procurement was a significant determinant of organizational performance. Moreover, from the perspective of both Ghana Water Co. Ltd. and Bayport Savings and Loans, the study again revealed that supplier collaboration has a significant effect on organizational performance. From the perspective of Ghana Water Co. Ltd., the study again revealed that supplier collaborations significantly moderate the relationship between green procurement and organizational performance. On the other hand, from the perspective of Bayport, the study found that those supplier collaborations significantly moderate the relationship between green procurement and organizational performance. The study found both Ghana Water Co. Ltd. and Bayport Savings and Loans Plc indicated that challenges in practicing green procurement spanned from lack of top management support, lack of cooperation from the staff, weak knowledge on green procurement to the cost of fully implementing green procurement. In conclusion, the study found no clear distinctiveness between green procurement practices in both Ghana Water Co. Ltd. and Bayport Savings and Loans Plc in terms of performance, supplier collaboration and challenges. The study recommends the need for green procurement implementation among corporate entities in order to increase performance.

Keywords:
Procurement practices, organizational performance, green procurement, sustainable procurement.

Article Details

How to Cite
Anane, A. (2020). The Influence of Green Procurement Practice on Organisational Performance. Ghana Water Company Ltd. and Bayport Savings and Loans Plc as Point of Convergence. Journal of Economics, Management and Trade, 26(2), 43-63. https://doi.org/10.9734/jemt/2020/v26i230227
Section
Original Research Article

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