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Developing a Food and Beverage Corporate Sustainability Performance Structure in Indonesia: Enhancing the Leadership Role and Tenet Value from an Ethical Perspective

Author

Listed:
  • Tat-Dat Bui

    (Institute of Innovation and Circular Economy, Asia University, Taichung 413305, Taiwan
    Department of Business Administration, Asia Management College, Asia University, Taichung 413305, Taiwan)

  • Hania Aminah

    (Department of Business Administration, Asia Management College, Asia University, Taichung 413305, Taiwan
    Department of Management, Faculty of Economics, Universitas Negeri Jakarta, Jakarta 13220, Indonesia)

  • Ching-Hsin Wang

    (Institute of Innovation and Circular Economy, Asia University, Taichung 413305, Taiwan
    Department of Leisure Industry Management, National Chin-Yi University of Technology, Taichung 41170, Taiwan)

  • Ming-Lang Tseng

    (Institute of Innovation and Circular Economy, Asia University, Taichung 413305, Taiwan
    Department of Medical Research, China Medical University Hospital, China Medical University, Taichung 40402, Taiwan)

  • Mohammad Iranmanesh

    (School of Business and Law, Edith Cowan University, Joondalup, WA 6027, Australia)

  • Ming K. Lim

    (Adam Smith Business School, University of Glasgow, Glasgow G12 8QQ, UK)

Abstract

The food and beverage industry is the second largest contributor to Indonesia’s economy; however, most industry firms significantly, and negatively, impact ecological and economic performance, and corporate sustainability performance is considered an area that can be significantly improved. This study aims to measure the causal interrelationships among the hierarchical attributes, as well as the decisive attributes that force successful corporate sustainability. Further, there are also other factors that have a negative impact, such as poor social justice and firms’ responsibilities and identities. Hence, emphasizing the ethics role to ensure a better sustainable performance in addition to focusing on the traditional triple-bottom-line is needed. A hybrid method is used. The fuzzy Delphi method develops a valid theoretical structure. The fuzzy decision-making trial and evaluation laboratory addresses the causal effect among the attributes. The fuzzy Kano model is used to determine the decisive attributes that enhance corporate sustainability performance in practice. The results show that a leadership role, tenet values, human potential development, and environmental impacts are the causative aspects, and the role of ethical issues is confirmed though its influence on the leadership role and tenet value aspects. This study contributes to the corporate sustainability performance literature by offering new theoretical angles as a hierarchical structure and elaborating the causal linkages among the attributes. Practical guidelines are provided to the Indonesian food and beverage industry, thus helping to archive reference data on firm performance and competitive advantage.

Suggested Citation

  • Tat-Dat Bui & Hania Aminah & Ching-Hsin Wang & Ming-Lang Tseng & Mohammad Iranmanesh & Ming K. Lim, 2022. "Developing a Food and Beverage Corporate Sustainability Performance Structure in Indonesia: Enhancing the Leadership Role and Tenet Value from an Ethical Perspective," Sustainability, MDPI, vol. 14(6), pages 1-24, March.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:6:p:3658-:d:775688
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    References listed on IDEAS

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