Obtaining the best value for money through procurement planning: can procurement regulatory compliance intervene?
نویسندگان
چکیده
Purpose While empirical studies establish the importance of procurement planning in achieving value for money (VfM) procurement, there is scant evidence demonstrating a link between and regulatory compliance, thus VfM. As result, this study examined how compliance can be applied when practitioners Tanzania seek to maximize VfM through planning. Design/methodology/approach A cross-sectional research design was adopted from which data were collected once structured questionnaire. The structural equation modeling (SEM) Hayes' PROCESS macro test mediation analysis used analyze data. Findings Procurement has significant positive relationship with ( ß = 0.491, p < 0.001). 0.586, Results also show that predictor 0.257, 0.005). Furthermore, bootstrapping confidence intervals revealed significantly mediates procurement. Research limitations/implications Although able accomplish its overall objective, it limited terms geographical setting under conducted. Hence, generalization results should made caution as each country specific public laws regulations governing conduct activities sector. Originality/value contributes growing debate on activities. adds literature by establishing effect quest toward
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ژورنال
عنوان ژورنال: Journal of money and business
سال: 2022
ISSN: ['2634-260X', '2634-2596']
DOI: https://doi.org/10.1108/jmb-11-2021-0056