Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spillovers
Leaders in green supply chains are increasingly focusing on improving strategic synergy with followers through shareholding strategies. By constructing Stackelberg models, we explore the operational mechanisms in two models, manufacturer-led and retailer-led, which have forward and backward sharehol...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2024-02-01
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| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844024011174 |
| _version_ | 1797304456851750912 |
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| author | Wenqiang Li Juan He Yangyan Shi |
| author_facet | Wenqiang Li Juan He Yangyan Shi |
| author_sort | Wenqiang Li |
| collection | DOAJ |
| description | Leaders in green supply chains are increasingly focusing on improving strategic synergy with followers through shareholding strategies. By constructing Stackelberg models, we explore the operational mechanisms in two models, manufacturer-led and retailer-led, which have forward and backward shareholding strategies, respectively. Compared with non-shareholding models, we find that the retailer's pricing becomes more sensitive to changes in the market environment after applying shareholding strategies, while the manufacturer's pricing depends on its power status. Interestingly, leaders and entire supply chains prefer shareholding strategies, while followers prefer shareholding strategies in good market environment or in bad market environment with their shares held by leaders below certain thresholds. Moreover, both forward and backward shareholding strategies can effectively promote carbon emissions reduction. Improving manufacturers' technology spillover positively impacts pricing and carbon emissions reduction and profits, and a reasonable shareholding ratio can encourage manufacturers to increase the level of technology spillover. Finally, a two-part tariff contract can effectively coordinate the vertical shareholding supply chain. The results provide decision guidance for managers in applying shareholding strategies to build a strategic alliance to improve firms' economic and environmental performance. |
| first_indexed | 2024-03-08T00:10:45Z |
| format | Article |
| id | doaj.art-0805074370d24dd08f257ef0b610ef26 |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-03-08T00:10:45Z |
| publishDate | 2024-02-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-0805074370d24dd08f257ef0b610ef262024-02-17T06:39:33ZengElsevierHeliyon2405-84402024-02-01103e25086Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spilloversWenqiang Li0Juan He1Yangyan Shi2School of Transportation and Logistics, Southwest Jiaotong University, Chengdu, China; National United Engineering Laboratory of Integrated and Intelligent Transportation, Southwest Jiaotong University, Chengdu, ChinaSchool of Transportation and Logistics, Southwest Jiaotong University, Chengdu, China; National United Engineering Laboratory of Integrated and Intelligent Transportation, Southwest Jiaotong University, Chengdu, China; Corresponding author. School of Transportation and Logistics, Southwest Jiaotong University, Chengdu, 611756, China.Department of Management, Macquarie Business School, Macquarie University, Sydney, AustraliaLeaders in green supply chains are increasingly focusing on improving strategic synergy with followers through shareholding strategies. By constructing Stackelberg models, we explore the operational mechanisms in two models, manufacturer-led and retailer-led, which have forward and backward shareholding strategies, respectively. Compared with non-shareholding models, we find that the retailer's pricing becomes more sensitive to changes in the market environment after applying shareholding strategies, while the manufacturer's pricing depends on its power status. Interestingly, leaders and entire supply chains prefer shareholding strategies, while followers prefer shareholding strategies in good market environment or in bad market environment with their shares held by leaders below certain thresholds. Moreover, both forward and backward shareholding strategies can effectively promote carbon emissions reduction. Improving manufacturers' technology spillover positively impacts pricing and carbon emissions reduction and profits, and a reasonable shareholding ratio can encourage manufacturers to increase the level of technology spillover. Finally, a two-part tariff contract can effectively coordinate the vertical shareholding supply chain. The results provide decision guidance for managers in applying shareholding strategies to build a strategic alliance to improve firms' economic and environmental performance.http://www.sciencedirect.com/science/article/pii/S2405844024011174ShareholdingCarbon emissions reductionEquity strategic allianceTechnology spilloverPower structure |
| spellingShingle | Wenqiang Li Juan He Yangyan Shi Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spillovers Heliyon Shareholding Carbon emissions reduction Equity strategic alliance Technology spillover Power structure |
| title | Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spillovers |
| title_full | Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spillovers |
| title_fullStr | Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spillovers |
| title_full_unstemmed | Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spillovers |
| title_short | Firms’ shareholding behavior in green supply chains: Carbon emissions reduction, power structures, and technology spillovers |
| title_sort | firms shareholding behavior in green supply chains carbon emissions reduction power structures and technology spillovers |
| topic | Shareholding Carbon emissions reduction Equity strategic alliance Technology spillover Power structure |
| url | http://www.sciencedirect.com/science/article/pii/S2405844024011174 |
| work_keys_str_mv | AT wenqiangli firmsshareholdingbehavioringreensupplychainscarbonemissionsreductionpowerstructuresandtechnologyspillovers AT juanhe firmsshareholdingbehavioringreensupplychainscarbonemissionsreductionpowerstructuresandtechnologyspillovers AT yangyanshi firmsshareholdingbehavioringreensupplychainscarbonemissionsreductionpowerstructuresandtechnologyspillovers |