SMEs’ social and environmental initiatives in Indonesia: an institutional and resource-based analysis

Famiola, Melia; Wulansari, Amia

doi:10.1108/srj-05-2017-0095

Cited by 21 publications

(17 citation statements)

References 40 publications

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“…Although there are a large number of studies about CSR-CFP relationship previously, not many of them have been found to employ the similar constructs and the methodologies, thus the findings would not be equivalently compared. Famiola and Wulansari (2019), Fombrun and Gardberg (2000) and Ullmann (1985) mentioned the essential roles of mediating variables between CSR practices and CFP rather than supported their direct relationship. The research results even contradict the Managerial Opportunism Hypothesis developed by Preston and O'Bannon (1997) that postulated the negative relationship between CSR and CFP, however, partly confirm Menassa and Dagher (2019), Waddock and Graves (1997) that CSR and CFP mutually reinforce each other through a so-called virtuous circle hypothesis.…”

Section: Resultsmentioning

confidence: 99%

“…Du et al (2013) added that external stakeholders in turn can experience better total welfare thanks to company's strategic CSR. However, the mixed results from studies examining the connection between CSR practices and Corporate Financial Performance (CFP) occur due to differences in research methodology (Famiola and Wulansari, 2019;Margolis and Walsh, 2003;Menassa and Dagher, 2019) as well as studied context (Hofstede, 1980;Singh and Mittal, 2019) which may impact managers' attitudes towards CSR and their actions (Batool et al, 2016;Nguyen et al, 2015;Waldman et al, 2006).…”

Section: Introductionmentioning

confidence: 99%

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The effects of managerial perceptions on CSR practices and corporate financial performance: an evidence from Vietnam

Khương¹,

Nguyễn²,

Nguyen³

et al. 2020

JESI

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Corporate Social Responsibilities (CSR) and the related topics have evolved to be the major considerations in Western and developed countries. However, this concept as well as practical application is still new in developing nations and insufficient researches addressing CSR issues. This paper aims to fill the missing gap of managerial perceptions towards CSR practices and Corporate Financial Performance (CFP) by investigating the effects of managerial perception on CSR practices and the financial outcomes reported by the managers. Following the quantitative approach, the surveys were distributed to 869 managers currently working at Ho Chi Minh City and Binh Duong Province (Vietnam) based companies doing business in different sectors, with different sizes and industries. The collected data were processed through the factor analysis and SEM. As the results, managerial perceptions serve as the powerful forces for CSR implementation. Among the four remaining CSR domains, economic responsibility is the top contributor to CFP while legal, philanthropic and environmental dimensions showed minor impacts. Several implications are provided at the end to facilitate enterprises' decision making process and governments' strategy to foster the CSR adoption status domestically.

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Section: Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The effects of managerial perceptions on CSR practices and corporate financial performance: an evidence from Vietnam

Khương¹,

Nguyễn²,

Nguyen³

et al. 2020

JESI

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“…This study sees that the economic activities of SME respondents must also be updated and current. Based on 127 respondents, only 50 SMEs were able to follow the development of information technology (Famiola & Wulansari, 2019). The rest are still in the process of using IT.…”

Section: Discussionmentioning

confidence: 99%

“…The crisis that struck Indonesia in 1997 began with the plight of the rupiah exchange rate against the US dollar and the monetary crisis that impacted the Indonesian economy, namely the economic recession (Famiola & Wulansari, 2019). This is a crucial lesson to re-examine a commercial development that really has a strong structure and can survive in any situation.…”

mentioning

confidence: 99%

Influence of Information Technology towards the Development Economics of SMEs in Indonesia

Mukhtar

Putri

Suseno

et al. 2020

Humanities and Social Sciences Letters

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Technology continues to develop rapidly and creates an impact on the economic field. SMEs are increasing at a rapid pace because of the spread and increase in the number of prospective consumers who are influenced by promotion in marketing. With this online marketing strategy, one can find SMEs are able to sell their products. This study aims to identify the influence of information technology with Capture, Processing, Result, Save, Retrieve, and Transmission indicators on the economic development of SMEs in Indonesia. This sequential explanatory mixture method uses two stages of data collection, namely quantitative and qualitative approaches. Quantitative data was collected through surveys with 127 respondents who are SMEs entrepreneurs. The qualitative data was gathered by interviewing 30 informants who have SMEs in the fields of food and beverage, fashion, and handicraft. The results of this study indicate that there is a dimension of information technology that affects the economy of SMEs in conducting sales activities. The impact is seen in the positive results of indicators of Capture, Processing, Result, Save, Retrieve, and Transmission. Then, descriptive results show that with r values capturing (0,78), processing (0,77), result (0,79), save (0,78), retrieve (0,80), and transmission (0,80). Contribution/Originality:This research is one of the few studies that have investigated the influence of information technology on the development of SMEs in Indonesia when viewed from the capture, processing, result, save, retrieve, and transmission indicators. INTRODUCTIONOne of the competitiveness of SMEs is the use of Information Technology and improve business transformation, accuracy, and efficiency of information exchange (Acire, 2015). Besides, the use of information technology with Capture, Processing, Result, Save, Retrieve, and Transmission indicators can also expand marketing networks and grow market share. Increasing the competitiveness of SMEs is very necessary, and in order to survive and compete in the global trade arena (Subrahmanya, 2014) SMEs need to make use of Information Technology applications as they trigger business in different styles in Indonesia (Raharjo, 2019). In the era of increasingly advanced global economy today, it will lead to very fierce business competition. This will encourage companies to increase productivity in the fields of production, marketing, and corporate strategy (Loroun, Ming, & Ali, 2018). The global competition, which is realized through free market, has also encouraged ASEAN countries to

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“…According to data from the Ministry of Agriculture, there are only 33 companies that have received green certificates and are dominated by medium and large companies (Kementerian Perindustrian, 2020). Despite limited data regarding green business in Indonesia, we find many new companies and traditional businesses starting to reveal their awareness of environmentally friendly practices, especially from the SME sector (Famiola & Wulansari, 2019;Raharjo, 2019).…”

Section: Introductionmentioning

confidence: 99%

The Model of Green Behavioural Intention Among Women Entrepreneur: A Quantitative Study

Awallia

Famiola

2021

ijbe

Self Cite

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Today, business activities seem to have shifted towards green business with the inception of women entrepreneurs who are more environmentally conscious. This study aims to examine the behaviour construction of women entrepreneurs' intention towards green business in Indonesia. Using a quantitative approach, data were collected from 122 women entrepreneurs using simple random sampling, which were then processed by PLS-SEM. This study found that green behavioural intention among women entrepreneurs in Indonesia reflects their environmental concern with a strong solid vision to create the change. The argument that market rationality will mediate green business behaviour and predicted as a barrier factor to their intention of having business with environmental concerns was not proven. This study argues that women entrepreneurs with green business initiatives in Indonesia belong to the visionary champion type, an entrepreneur who takes themselves as agents of change. Increasing the number of women entrepreneurs with green business initiation in Indonesia will favour Indonesia's future economy and sustainability. The nurture of women's role in spreading knowledge allows them to create their market by educating the market with their green image and offering alternatives. The government needs to pay strict attention and formulate policies on encouraging women entrepreneurs in Indonesia, particularly those starting their business with environmental consciousness.

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SMEs’ social and environmental initiatives in Indonesia: an institutional and resource-based analysis

Cited by 21 publications

References 40 publications

The effects of managerial perceptions on CSR practices and corporate financial performance: an evidence from Vietnam

The effects of managerial perceptions on CSR practices and corporate financial performance: an evidence from Vietnam

Influence of Information Technology towards the Development Economics of SMEs in Indonesia

The Model of Green Behavioural Intention Among Women Entrepreneur: A Quantitative Study

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