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

Eijaz Ahmed Khan, Pradip Royhan, M. Ashiqur Rahman, Mohammed Mizanur Rahman and Ahmed Mostafa
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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

Sustainability, 2019, vol. 12, issue 1, 1-17

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.

Keywords: small firm; enviropreneurial orientation; green marketing mix strategy; eco-labeling strategy; natural resource-based view; dynamic capability view (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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