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The Impact of Enviropreneurial Orientation on Small Firms’ Business Performance: The Mediation of Green Marketing Mix and Eco-Labeling Strategies

Author

Listed:
  • Eijaz Ahmed Khan

    (Business Administration Discipline, Khulna University, Khulna 9208, Bangladesh)

  • Pradip Royhan

    (Asia Pacific International College, Sydney 2008, Australia)

  • M. Ashiqur Rahman

    (School of Computing, Engineering and Mathematics, Western Sydney University, Sydney 2000, Australia)

  • Mohammed Mizanur Rahman

    (School of Information Technology, Victoria University, Sydney 2000, Australia)

  • Ahmed Mostafa

    (Asia Pacific International College, Sydney 2008, Australia)

Abstract

Global green trends are creating new challenges and opportunities for entrepreneurs worldwide with customers now more environmentally aware and willing to pay extra for green services and products. In considering this phenomenon, the current study focuses on the positive influence of enviropreneurial orientation on the business performance of small firms and explores the mediation effects of green marketing mix and eco-labeling strategies. Drawing upon the natural resource-based view (NRBV) and the dynamic capability view (DCV), we tested our multiple mediation model with a sample of owners/managers of 160 small firms from Bangladesh, with these firms coming from the sectors of trading, manufacturing, and services. To test the study’s hypotheses, we employed the variance-based structural equation modeling (SEM) method, using the partial least squares (PLS) technique. The results reveal that green marketing mix and eco-labeling strategies transmit the effect of enviropreneurial orientation to business performance of small firms. Both strategies are found to be mediators in the relationship between enviropreneurial orientation and business performance of small firms. The study also offers suggestions for future research.

Suggested Citation

  • Eijaz Ahmed Khan & Pradip Royhan & M. Ashiqur Rahman & Mohammed Mizanur Rahman & Ahmed Mostafa, 2019. "The Impact of Enviropreneurial Orientation on Small Firms’ Business Performance: The Mediation of Green Marketing Mix and Eco-Labeling Strategies," Sustainability, MDPI, vol. 12(1), pages 1-17, December.
    • Handle: RePEc:gam:jsusta:v:12:y:2019:i:1:p:221-:d:302236
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    1. Binbin He & Haiya Cai & Yingchen Ji & Siyu Zhu, 2023. "Supply Chain Green Manufacturing and Green Marketing Strategies under Network Externality," Sustainability, MDPI, vol. 15(18), pages 1-18, September.

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