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Lean manufacturing is the financial performance and sustainable finances problems solution?

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  • Gonzalo Maldonado-Guzmán

    (Departamento de Mercadotecnia, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, México.)

  • Sandra Yesenia Pinzón-Castro

    (Departamento de Mercadotecnia, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, México.)

  • Raymundo Juárez-del Toro

    (Facultad de Contaduría y Administración, Universidad Autónoma de Coahuila Unidad Torreón, México.)

Abstract

Lean manufacturing is gaining popularity among scientific, academic, and business communities; and is considered a valid strategy to generate financial performance and more sustainable finance. However, little is known about the influence of lean manufacturing on financial performance and sustainable finance of firms in the automotive industry. This study explores the relationship between lean manufacturing, financial performance and sustainable finance. The data was obtained from a self-administered questionnaire distributed to 460 Mexican firms that operate in the automotive industry. The results of the structural equation model (partial least squares) suggest that lean manufacturing have a positive and significant influence on both financial performance and sustainable finance.

Suggested Citation

  • Gonzalo Maldonado-Guzmán & Sandra Yesenia Pinzón-Castro & Raymundo Juárez-del Toro, 2023. "Lean manufacturing is the financial performance and sustainable finances problems solution?," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 17(3), pages 1-19.
    • Handle: RePEc:ris:tecemp:2311
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