IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i10p6227-d819941.html
   My bibliography  Save this article

Environmentally Responsible Business Approaches in Azerbaijan

Author

Listed:
  • Mubariz Mammadli

    (Department of Economics and Business Management, UNEC Business School, Azerbaijan State University of Economics, Baku AZ1001, Azerbaijan)

Abstract

In the study; the eco-entrepreneurship and environmental sensitivity of companies operating in Azerbaijan were examined within the scope of environmental practices. For this purpose, companies operating in the country were invited to participate in a survey, and their sensitivity to the environment was examined from four main dimensions—consumption, production, financial, and technology. The mentioned dimensions were analyzed according to four aspects; namely, business field of activity, business size, operating year, and the level of implementation of environmentally friendly policies. According to the results of a one-way analysis of variance, carried out by field of activity, operating year, and the level of implementation of eco-friendly policy; it was found that there was no group that significantly differed from the overall group mean. A difference was found only in terms of the size of the enterprise. The study found that large businesses were more aware of environmental sensitivity than small- and medium-sized businesses.

Suggested Citation

  • Mubariz Mammadli, 2022. "Environmentally Responsible Business Approaches in Azerbaijan," Sustainability, MDPI, vol. 14(10), pages 1-25, May.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:10:p:6227-:d:819941
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/10/6227/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/10/6227/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Paul Lanoie, 2008. "When And Why Does It Pay To Be Green?," CIRANO Papers 2008n-02a, CIRANO.
    2. Mubariz Mammadli & Elkhan Richard Sadik-Zada & Andrea Gatto & Rana Huseynova, 2021. "What Drives Public Debt Growth? A Focus on Natural Resources, Sustainability and Development," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 614-621.
    3. Marko Sarstedt & Christian M. Ringle & Joseph F. Hair, 2022. "Partial Least Squares Structural Equation Modeling," Springer Books, in: Christian Homburg & Martin Klarmann & Arnd Vomberg (ed.), Handbook of Market Research, pages 587-632, Springer.
    4. Rennings, Klaus, 2000. "Redefining innovation -- eco-innovation research and the contribution from ecological economics," Ecological Economics, Elsevier, vol. 32(2), pages 319-332, February.
    5. Soomin Shin & Meehee Cho, 2022. "Green Supply Chain Management Implemented by Suppliers as Drivers for SMEs Environmental Growth with a Focus on the Restaurant Industry," Sustainability, MDPI, vol. 14(6), pages 1-17, March.
    6. Zivar Zeynalova & Natavan Namazova, 2022. "Revealing Consumer Behavior toward Green Consumption," Sustainability, MDPI, vol. 14(10), pages 1-20, May.
    7. Zemtsov, S., 2020. "Institutions, entrepreneurship, and regional development in Russia," Journal of the New Economic Association, New Economic Association, vol. 46(2), pages 168-180.
    8. Mikhail Nikolaevich Dudin & Mikhail Nikolaevich Dudin & Natalia Pavlovna Ivashchenko & Alexander Georgievich Gurinovich & Oleg Mikhailovich Tolmachev & Lidiya Aleksandrovna Sonina, 2019. "Environmental entrepreneurship: characteristics of organization and development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1861-1871, June.
    9. Dilek Cetindamar, 2007. "Corporate Social Responsibility Practices and Environmentally Responsible Behavior: The Case of The United Nations Global Compact," Journal of Business Ethics, Springer, vol. 76(2), pages 163-176, December.
    10. Travis Gliedt & Paul Parker, 2007. "Green community entrepreneurship: creative destruction in the social economy," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 34(8), pages 538-553, July.
    11. Jan Nicolai Hennemann & Bernd Draser & Katarina Repkova Stofkova, 2021. "The Green Business and Sustainable Development School—A Case Study for an Innovative Educational Concept to Prevent Big Ideas from Failure," Sustainability, MDPI, vol. 13(4), pages 1-15, February.
    12. Youtang Zhang & Hagos Mesfin Berhe, 2022. "The Impact of Green Investment and Green Marketing on Business Performance: The Mediation Role of Corporate Social Responsibility in Ethiopia’s Chinese Textile Companies," Sustainability, MDPI, vol. 14(7), pages 1-24, March.
    13. Zivar Z. Zeynalova, 2020. "The applying functions of tax regulation for state development," Australian Economic Papers, Wiley Blackwell, vol. 59(4), pages 376-394, December.
    14. Cristina Santini, 2017. "Ecopreneurship and Ecopreneurs: Limits, Trends and Characteristics," Sustainability, MDPI, vol. 9(4), pages 1-12, March.
    15. Matthew T. Ballew & Allen M. Omoto & Patricia L. Winter, 2015. "Using Web 2.0 and Social Media Technologies to Foster Proenvironmental Action," Sustainability, MDPI, vol. 7(8), pages 1-29, August.
    16. Peter Dobers & Rolf Wolff, 2000. "Competing with ‘soft’ issues – from managing the environment to sustainable business strategies," Business Strategy and the Environment, Wiley Blackwell, vol. 9(3), pages 143-150, May.
    17. Amir Emami & Dimo Dimov, 2017. "Degree of innovation and the entrepreneurs’ intention to create value: a comparative study of experienced and novice entrepreneurs," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 7(2), pages 161-182, August.
    18. Marco Lerro & Maria Raimondo & Marcello Stanco & Concetta Nazzaro & Giuseppe Marotta, 2019. "Cause Related Marketing among Millennial Consumers: The Role of Trust and Loyalty in the Food Industry," Sustainability, MDPI, vol. 11(2), pages 1-16, January.
    19. Magdalena Suska, 2021. "Environmental Corporate Social Responsibility (ECSR) on the Example of Polish Champion Oil, Gas and Mining Companies," Sustainability, MDPI, vol. 13(11), pages 1-18, May.
    20. Sharma, Rajat & Jha, Mithileshwar, 2017. "Values influencing sustainable consumption behaviour: Exploring the contextual relationship," Journal of Business Research, Elsevier, vol. 76(C), pages 77-88.
    21. Frederick Harbison, 1956. "Entrepreneurial Organization as a Factor in Economic Development," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(3), pages 364-379.
    22. Webb, Deborah J. & Mohr, Lois A. & Harris, Katherine E., 2008. "A re-examination of socially responsible consumption and its measurement," Journal of Business Research, Elsevier, vol. 61(2), pages 91-98, February.
    23. Vasiliki A. Basdekidou, 2017. "Green Entrepreneurship & Corporate Social Responsibility: Comparative and Correlative Performance Analysis," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(12), pages 1-12, December.
    24. Martine Spence & Jouhaina Ben Boubaker Gherib & Viviane Ondoua Biwolé, 2011. "Sustainable Entrepreneurship: Is Entrepreneurial will Enough? A North–South Comparison," Journal of Business Ethics, Springer, vol. 99(3), pages 335-367, March.
    25. Fiona Tilley & Bradley D. Parrish, 2006. "From poles to wholes: facilitating an integrated approach to sustainable entrepreneurship," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 2(4), pages 281-294.
    26. S³awomir Czarniewski, 2016. "Small And Medium-Sized Enterprises In The Context Of Innovation And Entrepreneurship In The Economy," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 13(1), pages 30-39, June.
    27. Anna Matuszewska & Adam Hańderek & Maciej Paczuski & Krzysztof Biernat, 2021. "Hydrocarbon Fractions from Thermolysis of Waste Plastics as Components of Engine Fuels," Energies, MDPI, vol. 14(21), pages 1-14, November.
    28. Elkhan Richard Sadik-Zada, 2021. "Political Economy of Green Hydrogen Rollout: A Global Perspective," Sustainability, MDPI, vol. 13(23), pages 1-11, December.
    29. Pacheco, Desirée F. & Dean, Thomas J. & Payne, David S., 2010. "Escaping the green prison: Entrepreneurship and the creation of opportunities for sustainable development," Journal of Business Venturing, Elsevier, vol. 25(5), pages 464-480, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tamara Vlastelica & Milica Kostić-Stanković & Tamara Rajić & Jelena Krstić & Tijana Obradović, 2023. "Determinants of Young Adult Consumers’ Environmentally and Socially Responsible Apparel Consumption," Sustainability, MDPI, vol. 15(2), pages 1-18, January.
    2. Abdelmohsen A. Nassani & Nicoleta Isac & Joanna Rosak-Szyrocka & Zahid Yousaf & Mohamed Haffar, 2023. "Institutional Pressures and Circular Economy Target Performance: Are Zero Waste Practices and Enviropreneurship Worth Pursuing?," Sustainability, MDPI, vol. 15(4), pages 1-13, February.
    3. Elkhan Richard Sadik-Zada & Andrea Gatto, 2023. "Grow First, Clean Up Later ? Dropping Old Paradigms and Opening Up New Horizons of Sustainable Development," Sustainability, MDPI, vol. 15(4), pages 1-6, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zivar Zeynalova & Natavan Namazova, 2022. "Revealing Consumer Behavior toward Green Consumption," Sustainability, MDPI, vol. 14(10), pages 1-20, May.
    2. Tamara Galkina, 2021. "International ECOpreneurship: Environmental commitment and international partner selection of Finnish firms from the energy sector," Journal of International Entrepreneurship, Springer, vol. 19(2), pages 300-320, June.
    3. Wafa Alwakid & Sebastian Aparicio & David Urbano, 2020. "Cultural Antecedents of Green Entrepreneurship in Saudi Arabia: An Institutional Approach," Sustainability, MDPI, vol. 12(9), pages 1-20, May.
    4. Sascha Kraus & Janina Burtscher & Christine Vallaster & Martin Angerer, 2018. "Sustainable Entrepreneurship Orientation: A Reflection on Status-Quo Research on Factors Facilitating Responsible Managerial Practices," Sustainability, MDPI, vol. 10(2), pages 1-21, February.
    5. Abdul, Daud & Wenqi, Jiang & Sameeroddin, Mohd, 2023. "Prioritization of ecopreneurship barriers overcoming renewable energy technologies promotion: A comparative analysis of novel spherical fuzzy and Pythagorean fuzzy AHP approach," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
    6. Torbjörn Ljungkvist & Jim Andersén, 2021. "A taxonomy of ecopreneurship in small manufacturing firms: A multidimensional cluster analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 1374-1388, February.
    7. Brandon H. Lee & Panayiotis Panikos Georgallis & Jeroen Struben, 2022. "Sustainable entrepreneurship under market uncertainty," Post-Print hal-04325583, HAL.
    8. Zhongju Liao, 2018. "Social capital and firms' environmental innovations: The moderating role of environmental scanning," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1493-1501, December.
    9. Shengli Dai & Hongyan Xue & Yuan Jiang & Wei Zhang & Xin Zhang, 2018. "Sustainable Entrepreneurship Team Scale Development: A Complex Systems Perspective," Sustainability, MDPI, vol. 10(11), pages 1-20, November.
    10. Ying Guo & Lifang Wang, 2022. "Environmental Entrepreneurial Orientation and Firm Performance: The Role of Environmental Innovation and Stakeholder Pressure," SAGE Open, , vol. 12(1), pages 21582440211, February.
    11. Di Luan & Hongjun Cao & Tongkun Qu, 2023. "How Does Corporate Green Innovation Strategy Translate into Green Innovation Performance Based on Chain Mediation?," Sustainability, MDPI, vol. 15(16), pages 1-20, August.
    12. Elkhan Richard Sadik-Zada & Andrea Gatto, 2023. "Grow First, Clean Up Later ? Dropping Old Paradigms and Opening Up New Horizons of Sustainable Development," Sustainability, MDPI, vol. 15(4), pages 1-6, February.
    13. Jana Hojnik, 2017. "In Pursuit of Eco-innovation," UPP Monograph Series, University of Primorska Press, number 978-961-7023-53-4.
    14. Yi‐Chuan Liao & Kuen‐Hung Tsai, 2019. "Innovation intensity, creativity enhancement, and eco‐innovation strategy: The roles of customer demand and environmental regulation," Business Strategy and the Environment, Wiley Blackwell, vol. 28(2), pages 316-326, February.
    15. Abebe Negeri Shonte & Quan Ji, 2022. "Management Commitment and Sustainable Coffee Export Performance, Evidence from Ethiopian Companies: The Mediating Role of Corporate Social Responsibility," Sustainability, MDPI, vol. 14(19), pages 1-19, October.
    16. Aurore Darmandieu & Concepción Garcés‐Ayerbe & Antoine Renucci & Pilar Rivera‐Torres, 2022. "How does it pay to be circular in production processes? Eco‐innovativeness and green jobs as moderators of a cost‐efficiency advantage in European small and medium enterprises," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1184-1203, March.
    17. Taemin Kim & Jeesun Kim, 2021. "How Spatial Distance and Message Strategy in Cause-Related Marketing Ads Influence Consumers’ Ad Believability and Attitudes," Sustainability, MDPI, vol. 13(12), pages 1-15, June.
    18. Renata Konadu & Samuel Owusu‐Agyei & Theophilus A. Lartey & Albert Danso & Samuel Adomako & Joseph Amankwah‐Amoah, 2020. "CEOs' reputation, quality management and environmental innovation: The roles of stakeholder pressure and resource commitment," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2310-2323, September.
    19. Jean-Marie Courrent & Sonia Chassé & Waleed Omri, 2018. "Do Entrepreneurial SMEs Perform Better Because They are More Responsible?," Journal of Business Ethics, Springer, vol. 153(2), pages 317-336, December.
    20. Audley Genus & Marfuga Iskandarova & Chris Warburton Brown, 2021. "Institutional entrepreneurship and permaculture: A practice theory perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 30(3), pages 1454-1467, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:10:p:6227-:d:819941. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.