Green Logistics Practices and Their Impact on Product Sustainability in Fast-Moving Customer Goods Firm in Lagos State, Nigeria

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 05

Abstract

This research examined product sustainability and green logistics practices of selected FMCG enterprises in Lagos State, Nigeria. FMCGs prioritize efficiency and sustainability. Many studies have focused on non-FMCG enterprises and developed nations, not rising nations. This study was survey-based. This survey included 13,782 managerial staff from eight listed FMCG corporations in Lagos State, Nigeria. Taro Yamane formula calculated 519 sample size. Simple random sampling was utilized. Data was collected using a validated questionnaire. The Cronbach's alpha reliability coefficient for the constructs varied between 0.78 and 0.94. The percentage of response was 96.7%. The data were analyzed using descriptive statistics as well as inferential statistics, including multiple and hierarchical regression. The findings revealed that green logistics practices had significant effect on the product sustainability of selected FMCG firms in Lagos State, Nigeria (Adj.R2 = 0.03; F(5, 496) = 4.977, p < 0.05). The study concluded that green logistics practices promote product sustainability of selected FMCG firms in Lagos State, Nigeria. This study recommended that the management of FMCG firms in Lagos State, Nigeria should adopt a holistic approach to product sustainability, integrating green logistics practices into a broader sustainability strategy to enhance their long-term sustainability.

Authors and Affiliations

Dr Nwaulune, J. C.

Keywords

Related Articles

The Importance of Investments in Scientific Research in the Innovative Activity of Industrial Enterprises

In the article, the importance of investments in scientific research in the implementation of digital transformation and automation in industrial enterprises is studied on the example of developed countries, such as USA,...

On the Macroeconomic Determinants of Foreign Investor Participation in the Nairobi Securities Exchange in Kenya

The participation of foreign investors in a country's securities market plays a crucial role in the growth of any country. Kenya has continued to experience volatility of foreign investor flows leading to instability in...

The Influence of Current Ratio and Price to Book Value on Financial Distress Conditions in Tourism and Restaurant Hospitality Sub-Sector Service Companies Listed on the Indonesian Stock Exchange

This research aims to determine the effect of current ratio and price to book value on financial distress in companies sub-sector services hotels, tourism and restaurants listed on the Indonesian Stock Exchange. There ar...

The Influence of Organizational Support and Proactive Personality on Employee Creativity Mediated by the Meaning of Work at PT Sumitan Artha Valutama

This research aims to determine the effect of 1) organizational support and proactive personality on the meaning of work, 2) organizational support and proactive personality on employee creativity, 3) meaning of work on...

Credit Creation and Financial Stability of Banks: Evidence in Nigeria

The study examined how bank credit creation affects financial stability in Nigeria from 1981 to 2020. We obtained the data for the study from the Central Bank of Nigeria and World Bank statistical bulletins. Our research...

Download PDF file
  • EP ID EP734996
  • DOI 10.47191/jefms/v7-i5-07
  • Views 38
  • Downloads 0

How To Cite

Dr Nwaulune, J. C. (2024). Green Logistics Practices and Their Impact on Product Sustainability in Fast-Moving Customer Goods Firm in Lagos State, Nigeria. Journal of Economics, Finance and Management Studies, 7(05), -. https://europub.co.uk/articles/-A-734996