PhD Nguyen Binh Minh, PhD Phung Mai Lan
Effective management of waste recycling and treatment firms towards sustainable development goals and a circular economy
Lĩnh vực:
Macro Finance
Số No. 03 June (34)-2025 Journal of Finance & Accounting Research - Trang 24
Tóm tắt tiếng Việt:
English Summary:
Firms in the waste recycling and treatment industry are a key sector in the development of a circular economy and contribute significantly to national environmental sustainability goals. This research aims to assess the productivity and efficiency of these firms and propose recommendations for their effective management. The study utilizes enterprise survey data from the waste recycling and treatment sector spanning 2015-2022. It employs Data Envelopment Analysis (DEA) to measure efficiency, the Generalized Method of Moments (GMM) to measure Total Factor Productivity (TFP), and subsequently evaluates the impact of various factors on business productivity and efficiency within the industry. The research findings indicate that the average efficiency of waste recycling and treatment firms is moderate, at 59.851%. Smaller firms tend to be more efficient, and efficiency tends to increase as firms grow to a certain size. Environmental impact variables, financial constraints, and capital structure are identified as the primary factors affecting the efficiency and productivity of firms in the waste recycling and treatment industry.
Từ khóa:
waste recycling and treatment firms, circular economy, efficiency, productivity, DEA, GMM
Số lượt đọc: 41 - Số lượt tải về: 24
DOI Code: https://doi.org/10.71374/jfar.v25.i3.05