IDEAS home Printed from https://ideas.repec.org/a/but/manage/v7y2008i1p83-88.html
   My bibliography  Save this article

A study of owner - managerÂ’s environmental awareness and small business performance

Author

Listed:
  • B. Nimalathasan

    (Department of Commerce, Faculty of Management Studies and Commerce, University of Jaffna, SriLanka)

Abstract

The Importance of strategic planning as a major activity of organizational management is being increasingly accepted both academician and professional managers. As one of the important components of strategic planning process, environmental scanning has received importance to explore new opportunities and to identify threats for making important strategic decision. The present study indicates the relationship between owner-manager's environmental awareness and business performance of the Small Business. Bollinger (1994) found that scanning is positively correlated with the firm's financial performance. Similar results were also found by Orpen (1993) reported that small firm which posses more information about themselves and their environment engage in formal strategic planning and they perform better financially than their counter parts. Authors in the area of small business and entrepreneurship have recognized the need for conscious and continuous study of the environment and integrate the environmental information into their strategic planning. Finally, Environmental awareness contributed significantly to the relationship with overall performance of small business under the study.

Suggested Citation

  • B. Nimalathasan, 2008. "A study of owner - managerÂ’s environmental awareness and small business performance," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 7(1), pages 83-88, May.
    • Handle: RePEc:but:manage:v:7:y:2008:i:1:p:83-88
    as

    Download full text from publisher

    File URL: http://manager.faa.ro/download/498_715.pdf
    Download Restriction: no
    File URL: http://manager.faa.ro/en/article/A-study-of-owner--manager-s-environmental-awareness-and-small-business-performance~498.html
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Allan Gibb & Mike Scott, 1985. "Strategic Awareness, Personal Commitment And The Process Of Planning In The Small Business," Journal of Management Studies, Wiley Blackwell, vol. 22(6), pages 597-631, November.
    2. Gail L Fann & Larry R. Smeltzer, 1989. "The Use of Information from and about Competitors in Small Business Management," Entrepreneurship Theory and Practice, , vol. 13(4), pages 35-46, July.
    Full references (including those not matched with items on IDEAS)

    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. Minguzzi, Antonio & Passaro, Renato, 2001. "The network of relationships between the economic environment and the entrepreneurial culture in small firms," Journal of Business Venturing, Elsevier, vol. 16(2), pages 181-207, March.
    2. Marc Dressler, 2023. "Generic strategic profiling of entrepreneurial SMEs – environmentalism as hygiene factor," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 121-150, March.
    3. Yyes Robichaud & Jean-Charles Cachon & Egbert Mcgraw, 2018. "Gender Comparisons In Success Evaluation And Sme Performance In Canada," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-26, March.
    4. Parker, Simon C., 2006. "Learning about the unknown: How fast do entrepreneurs adjust their beliefs?," Journal of Business Venturing, Elsevier, vol. 21(1), pages 1-26, January.
    5. Peters, Michael P. & Brush, Candida G., 1996. "Market information scanning activities and growth in new ventures: A comparison of service and manufacturing businesses," Journal of Business Research, Elsevier, vol. 36(1), pages 81-89, May.
    6. Adli Abouzeedan, 2010. "The Factorial Mirror (FAM) Concept of Small and Medium-sized Enterprises (SMEs) and the Firm Impact Sphere (FIP)," Global Business Review, International Management Institute, vol. 11(1), pages 35-64, January.
    7. Ekanem, Ignatius, 2005. "‘Bootstrapping’: the investment decision-making process in small firms," The British Accounting Review, Elsevier, vol. 37(3), pages 299-318.
    8. Peter Rosa, 1998. "Entrepreneurial Processes of Business Cluster Formation and Growth by ‘Habitual’ Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 22(4), pages 43-61, July.
    9. Thakur, Sanjay Prasad, 1999. "Size of investment, opportunity choice and human resources in new venture growth: Some typologies," Journal of Business Venturing, Elsevier, vol. 14(3), pages 283-309, May.
    10. Nadja Hatzijordanou & Nicolai Bohn & Orestis Terzidis, 2019. "A systematic literature review on competitor analysis: status quo and start-up specifics," Management Review Quarterly, Springer, vol. 69(4), pages 415-458, November.
    11. Karim Messeghem, 2001. "Implications organisationnelles des normes ISO 9000 pour les petites et moyennes entreprises," Revue Finance Contrôle Stratégie, revues.org, vol. 4(3), pages 183-213, September.
    12. Harris, Lloyd C. & Ogbonna, Emmanuel, 2006. "Initiating strategic planning," Journal of Business Research, Elsevier, vol. 59(1), pages 100-111, January.
    13. Stephen Roper, 1997. "Strategic initiatives and small business performance: an exploratory analysis of Irish companies," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 9(4), pages 353-364, January.
    14. Berry, Maureen M. J. & Taggart, James H., 1998. "Combining technology and corporate strategy in small high tech firms," Research Policy, Elsevier, vol. 26(7-8), pages 883-895, April.
    15. Vincenzo Maggioni & Mario Sorrentino & Mary Williams, 1999. "Mixed Consequences of Government Aid for New Venture Creation: Evidence from Italy," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 3(3), pages 287-305, September.
    16. Elin Merethe Oftedal & Lene Foss & Tatiana Iakovleva, 2019. "Responsible for Responsibility? A Study of Digital E-health Startups," Sustainability, MDPI, vol. 11(19), pages 1-21, September.
    17. P N O'Farrell & D M W N Hitchens, 1988. "Alternative Theories of Small-Firm Growth: A Critical Review," Environment and Planning A, , vol. 20(10), pages 1365-1383, October.
    18. Arturs Kalnins & Anand Swaminathan & Will Mitchell, 2006. "Turnover Events, Vicarious Information, and the Reduced Likelihood of Outlet-Level Exit Among Small Multiunit Organizations," Organization Science, INFORMS, vol. 17(1), pages 118-131, February.

    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:but:manage:v:7:y:2008:i:1:p:83-88. 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: Cosmin Catalin Olteanu (email available below). General contact details of provider: https://edirc.repec.org/data/faaubro.html .

    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.