Analyzing the historical and current perspective of the relationship between inventory policies and csr

S. J. Mohammad, D. Saxunova, K. B. George,U. Comite, M. Ahmed,J. Popp

POLISH JOURNAL OF MANAGEMENT STUDIES(2023)

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摘要
In this study, we analyze how a company's inventory policy changes because of adopting CSR policies in the manufacturing companies listed on the Shanghai Shenzhen stock exchange by targeting manufacturing companies, as their overall policies are greatly impacted by the level of inventory. The analysis focus on how inventory policies affect Chinese companies' CSR. Inventory levels affect company policies therefore we chose manufacturing companies. The uniqueness of the topic warranted us to research CSR and Inventory management from historical and current viewpoints. The topic has few investigations, especially in China. Increased worker, consumer, and environmental satisfaction may impact volume, according to this study. Given the uniqueness of the topic, there are a very limited number of studies conducted on the topic, especially in the Chinese context, which warrants us to conduct the study, keeping in view the historical and present perspectives of both CSR and Inventory management. In this study, we take this step further by examining whether the volume is affected by efforts to improve the satisfaction of staff, consumers, and the natural environment. We found that customer satisfaction positively affects the cost-to-sales ratio. Environmental consciousness harms the ratio, and employee satisfaction has an inverted U-shaped association with this ratio. It was also found that customer satisfaction positively correlates with inventory levels. Our research has shown that increased levels of social responsibility led to decreased levels of customer corporate social responsibility and increased levels of CSR, which explains the non-linear relationship between a company's total CSR and the to-sales ratio. According to the collected data, the ratio of profits to sales tends to increase when a company's CSR rating is much higher (or lower) than the mean of the CSR distribution.
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关键词
Inventory management,CSR,Inventory to sales ratio,GMM,Manufacturing sector
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