Impact of Informational Justice on Pharmaceutical Enterprises

LEE,, C. , HA,, B. , & LIM,, S. (2020). Impact of Informational Justice on Pharmaceutical Enterprises. The Journal of Distribution Science, 18(8), 55-64, https://doi.org/https://doi.org/10.15722/jds.18.8.202008.55

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Abstract

Purpose: This paper addresses issues that concern business-to-business marketing, namely informational justice in the supply chain or organizations. As previously reported by other studies, there is information asymmetry in organizations. The present study explores and addresses this in the medical industry, aiming to investigate how informational justice relates to information quality or logistics performance in the medical industry. This study also suggests a method for development of informational justice in medicine-related fields. Design, methodology, approach: The hypothesis and model were developed through a review of the literature. To this end, we surveyed 293 valid survey samples collected from occupational pharmacists and used structural equation modelling for analysis. Findings: The results of the empirical analysis of the hypotheses showed that symmetric sharing of information between pharmacists and employees of pharmaceutical companies has a positive effect on the perceived quality. Moreover, the results showed that quality information has a positive impact on logistics performance, whereas informational justice does not. Conclusions, implications: If information and explanations are exchanged fairly, information and logistics performance-as well as operational expenses-will be enhanced. Furthermore, our study has immense implications outside of academic applications since it suggests practical solutions to government and medical industry employees.

keywords: Informational Justice, Information Quality, Logistics Performance, Medical Industry

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Article Contents

Vol.18 No.8

Impact of Informational Justice on Pharmaceutical Enterprises

Abstract

Reference

The Journal of Distribution Science