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Circular Economy Practices and Sustainable Performance of the Textile and Apparel Industry: The Roles of Corporate Environmental Ethics and Green Self-efficacy

Author

Listed:
  • Syed Shah Alam

    (Prince Sultan University)

  • Mohammad Masukujjaman

    (Management and Science University)

  • Mst. Nilufar Ahsan

    (Multimedia University)

  • Husam Ahmad Kokash

    (Prince Sultan University)

Abstract

This quantitative study attempts to examine how circular economy practices influence the sustainable performance of the textile and apparel industry in Bangladesh. We also investigate the influence of corporate environmental ethics on circular economy implementation and green self-efficacy as a moderator on the relationship between corporate environmental ethics and circular economy practices. To carry out the objectives, the study offered a research framework according to the social cognitive theory and Resource-based view theory. For the empirical test, an online cross-sectional survey was administered among 300 owners or managers from Bangladeshi textile and apparel companies. The collected data were analyzed using the Structural Equation Modelling approach applying the AMOS software version 21. The study revealed that all the circular economy practices such as internal environment management, eco-design, and investment recovery significantly affect the entire sustainability performance dimension (economic, environmental, and social performance) in the apparel and textile industry in Bangladesh. Also, corporate environmental ethic influences circular economy practices. The study confirmed that the relationship between corporate environmental ethics, internal environmental management, and eco-design is moderated by green self-efficacy. This study provides new results to circular economy practices literature along with numerous managerial implications at the end.

Suggested Citation

  • Syed Shah Alam & Mohammad Masukujjaman & Mst. Nilufar Ahsan & Husam Ahmad Kokash, 2024. "Circular Economy Practices and Sustainable Performance of the Textile and Apparel Industry: The Roles of Corporate Environmental Ethics and Green Self-efficacy," Circular Economy and Sustainability, Springer, vol. 4(3), pages 2365-2394, September.
    • Handle: RePEc:spr:circec:v:4:y:2024:i:3:d:10.1007_s43615-024-00397-z
    DOI: 10.1007/s43615-024-00397-z
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