The Impact of Technological Advancement and Green HRM Practices on the Sustainable Business Development in Vietnam

Abstract

The growing need of sustainability in businesses, especially the ecological aspect demands the its eligibility and effectiveness in human resource area which is normally referred green human resource management. Moreover, the rising concerns for natural environment also fixate the idea to rejuvenate the conventional business model and shift towards green management. Thereby, the study intends to scrutinize the role of green HRM practices in sustainable business development in Vietnamese context. Along with it, the study also intends to explore the mediating role of technology advancement on proposed relationship. For this purpose, primary data was collected, and PLS-SEM methodology was employed to assess measurement and structural model. Results echo that green HRM practices are positively correlated with sustainable business development in case of Vietnam. Moreover, technological advancement significantly mediates the relationship of green HRM and SBD. Results are helpful in policy making structures by enhancing the effectiveness of existing HRM practices.