Global Journal of Human Social Science, E: Economics, Volume 22 Issue 7
sustainability, integrate sustainability as their core business activities, and build competitive advantages over others. (Goswami and Brookshire, 2015) Environmental impacts lead to industries implementing or being subject to different standards for environmental protection, levels of environmental spending, environmental sanctions, and stakeholder pressures to which companies in the industries have to respond. The environmental threat of the industry is material to investors due to its financial implications (e.g. implicit environmental liabilities, see, Peters and Romi, 2013) and the probable long-term effects on investment portfolios The objective of the Study: The sustainability of the Bangladesh textile industry previously was only associated with social or environmental or economic aspects. Many studies are there who based the sustainability of the textile industry either on social or environmental or economic performance but there is no study that shows the dependency of the sustainability of the textile industry on the social, environmental, and economic concern simultaneously. So our objectives are: • Seek to identify the factors that variously obstruct and promote sustainability within the textile industry of Bangladesh from the perspective of stakeholders at different levels. • Enhance the opportunities of training managers employed in the textile industry of Bangladesh or elsewhere. d) The methodology of the Study The data collected for this study followed both qualitative and quantitative data collection methods and the questionnaire used to collect the necessary data is semi-structured. The sample size of the data used in this study is 100. The sources of data used in the study are primary and secondary. Primary sources involved in-depth interviews of the mid-level managers of textile related companies, officials of the regulatory bodies of textile in Bangladesh, and govt. official(s). Secondary sources involved the study of scholarly websites, journals, articles, and research papers. The measurement of data has been detailed for the qualitative part, however, for the quantitative segment, empirical statistical analysis, and descriptive analysis has been conducted using SPSS. Conceptual Framework: / Sustainability of textiles has been considerably dependent on three variables, i.e. – Social Compliances, Environmental compliance, and Economic Compliances. Again, Social Compliances are divided into six sub-variables – Health, Safety, Equality, Empowerment of Women, Legal Practice, and Ethical Practice. e) Conceptual Framework The sustainability of textiles has been considerably dependent on three variables, i.e. – Social Compliances, Environmental compliance, and Economic Compliances. Again, Social Compliances are divided into six sub-variables – Health, Safety, Equality, Empowerment of Women, Legal Practice, and Ethical Practice. f) Research Hypothesis H1: Social, Environmental, and Economic concerns have a positive impact on the Sustainability of Textiles in Bangladesh. Volume XXII Issue VII Version I 82 ( ) Global Journal of Human Social Science - Year 2022 © 2022 Global Journals E Exploration of Barriers and Success Factors of Sustainability of the Bangladeshi Textile Industry at Various Stakeholders’ Level from Social, Environmental and Economical Concern
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