Environmental Stewardship and Strategy for Business Sustainability: Evidence from Small and Medium Packaged Water Enterprises in Nigeria

Idowu Emmanuel Olubodun () and Yinusa Toyese Agbaje ()
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Idowu Emmanuel Olubodun: Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria
Yinusa Toyese Agbaje: Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria

Management and Economics Review, 2021, vol. 6, issue 1, 15-32

Abstract: Climate change phenomenon and non-biodegradable nature of some industrial outputs are creating an increasing awareness and need to balance economic activities with social and environmental demands of the society. Also the rising concerns of government, consumers and the society at large regarding whether organisations see the necessity for the balance is gaining more momentum. In this regard, this paper seeks to examine the relationship between environmental stewardship and business sustainability. Research survey is used in which environmental stewardship proxy as community engagement activities, recycling activities, and waste reduction and management activities were investigated on business sustainability which is viewed along three dimensional (economic, social and environmental) balances in the questionnaire. The data were analysed using descriptive statistics while multiple regression was employed to determine the effect of environmental stewardship on business sustainability. The two objectives were achieved as stated. The results show that there is positive significant effect of environmental stewardship on business sustainability at p-value

Keywords: business sustainability; community engagement; environmental stewardship; recycling; waste reduction and management. (search for similar items in EconPapers)
JEL-codes: M10 Q01 Q56 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:rom:merase:v:6:y:2021:i:1:p:15-32

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