Drivers of managers’ intentions to adopt the E-commerce Green Index in Vietnam
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Author(s)Ha Nguyen SonLink to ORCID Index: https://orcid.org/0009-0006-4674-4218
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Hai Phan ThanhLink to ORCID Index: https://orcid.org/0000-0003-2176-9153
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DOIhttp://dx.doi.org/10.21511/ppm.24(2).2026.30
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Article InfoVolume 24 2026, Issue #2, pp. 438-460
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Creative Commons Attribution 4.0 International License
Type of the article: Research Article
Abstract
Green E-commerce Index (ECGI) represents an important policy-oriented framework that encourages enterprises to align their online business practices with environmental sustainability goals. In developing countries such as Vietnam, ECGI (proposed by WWF-Vietnam in 2024) is a newly introduced set of criteria; consequently, empirical evidence on its feasibility and adoption remains limited. This study aims to examine the factors influencing managers’ attitudes and their intention to adopt ECGI within online business enterprises in Vietnam. Data were collected through a perception-based survey of 860 managers working in firms engaged in e-commerce activities from the second to the fourth quarter of 2025. The research model was tested using partial least squares structural equation modeling (PLS-SEM). The findings reveal that perceived usefulness, perceived ease of implementation, facilitating conditions, and existing e-commerce legal regulations have significant positive effects on the intention to adopt ECGI, both directly and indirectly through managerial attitude. Among these determinants, legal regulations exert the strongest influence. In contrast, performance expectancy and social influence do not show statistically significant effects. Additionally, corporate reputation, governmental support, and managerial attitude directly and positively affect adoption intention, while firm size does not play a significant moderating role. Overall, this study provides empirical support for institutional and regulatory theories, emphasizing their foundational role in guiding the adoption of green e-commerce criteria in developing economies and promoting sustainable development.
Acknowledgment
The authors would like to thank the Editor-in-Chief and a reviewer for their helpful comments that in our view have helped to improve the quality of the manuscript significantly. Besides, this study is the result of collaboration between researchers from the University of Law, Hue University, and School of Business and Economics, Duy Tan University. The authors would like to thank both institutions for their support and facilitation in the publication of this research.
- Keywords
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JEL Classification (Paper profile tab)M31, M10, L81, Q56
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References41
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Tables14
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Figures2
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- Figure 1. Proposed research model with hypothesized paths
- Figure 2. PLS-SEM structural model results
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- Table 1. Descriptive statistics about the samples
- Table 2. Descriptive statistics, internal reliability, and convergent reliability
- Table 3. Discriminant validity assessment (HTMT ratio)
- Table 4. Structural model assessment
- Table 5. Testing direct effects
- Table 6. Testing specific indirect effects
- Table 7. Testing moderating effects
- Table A1. Criterion Group 1: Commitment to implementing green e-commerce based on a sustainable business model
- Table A2. Criterion Group 2: Products (Goods)
- Table A3. Criterion Group 3: Order fulfillment and last-mile delivery services
- Table A4. Criterion Group 4: Supporting consumers’ participation in environmental protection
- Table A5. Criterion Group 5: Green commitment in internal operations
- Table A6. Criterion Group 6: Research and implementation of activities promoting green e-commerce under a sustainable model
- Table B1. Survey
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Do ESG practices affect the financial performance of banks? A meta-analysis perspective
Amiya Kumar Mohapatra ,
Subhasish Das ,
Yayati Nayak ,
Aditya Prasad Sahoo ,
Rahul Matta
doi: http://dx.doi.org/10.21511/bbs.20(3).2025.09
Banks and Bank Systems Volume 20, 2025 Issue #3 pp. 117-128 Views: 2727 Downloads: 436 TO CITE АНОТАЦІЯType of the article: Research Article
Abstract
This study aims to investigate the pooled effects of environmental, social, and governance (ESG) practices on banks’ financial performance (FP) using a random effects model of meta-analysis. In line with the PRISMA guidelines, 52 studies were identified as eligible out of 387 studies for this analysis. After applying the inclusion criteria, i.e., studies that have quantitatively reported the required measures like the correlation coefficient between ESG and FP, 16 studies were considered for meta-analysis with a combined total sample of 4,084 participants. The combined effect size was r = 0.10 (SE = 0.10, 95% CI: –0.11 to 0.31), reflecting a weak and insignificant correlation, and hence displaying no impact of ESG practices on the financial performance of banks during the study period 2018 to 2025. Furthermore, the predicted interval was –1.38 to 1.59, which means that future research would provide very heterogeneous effect sizes. A heterogeneity analysis shows that there is wide variation among the studies (Q = 1213.82, p < 0.001, I² = 98.76%), indicating that differences in study characteristics may lead to differences in effect sizes. The trim and fill method provides no evidence for the existence of missing studies; however, publication bias is considered a possibility. The findings should be interpreted cautiously, given their high heterogeneity and the suspected source of bias. Despite their small effect size, inconsistencies across studies highlight the need for future research to investigate possible moderating factors. Practical implications emphasize that even if the generalizability of the findings is established, it cannot be without considering study-specific variables.
