Abstract:
As society learns to recognize the critical requirement for sustainability in current
days, it is compelled to encourage responsible behaviors which achieve a balance between
social equity, environmental protection, and economic competitiveness. There are
numerous factors that hinder the implementation of Sustainable Practices in developing
nations. Although the research on sustainable procurement acknowledges multiple factors
i.e., Management Support and Regulatory Policies/guidelines as relevant, little
consideration has been given to how they affect the intensity of sustainable procurement.
Therefore, this study aims to investigate the role of management support in sustainable
procurement and firm performance. This study is also aimed at investigating the moderating
role of regulatory bodies on the relationship between management support and sustainable
procurement. Data was collected from the power sector of Pakistan, specifically the
National Transmission & Despatch Company (NTDC). About 300 employees were
approached through a questionnaire, however, 234 responses were collected successfully.
Data was analyzed by using SPSS & SmartPLS 4.0. It was found that management support
has a positive impact on the implementation of Sustainable public procurement (SPP)
practices and ultimately improving the firm’s economic, environmental and social
performance. However, this study found that because of absence of substantial regulatory
policies regarding SPP in Pakistan, there is no significant moderation impact of regulatory
policies on implementation of SPP in Power Sector. This study adds value to the knowledge
on sustainable public procurement practices implementation in Pakistan power sector by
highlighting the role of management support and regulatory policies.
Keywords – Sustainable Procurement, Management Support, Firm Performance, Regulatory
policies, Pakistan Power Sector, Pakistan Public Procurement