Sustainability, green management, and performance of SMEs / Kiran Mehta, Renuka Sharma.

Contributor(s): Kiran Mehta [editor] | Renuka Sharma [editor]
Language: English Publisher: Boston: : Walter De Gruyter, [2024]Copyright date: ©2024Description: xiv, 346 pages : illustrations; 25 cmContent type: text Media type: unmediated Carrier type: volumeISBN: 9783111169323; 3111170020; 9783111170121Subject(s): Business enterprises -- Environmental aspects | Small business -- Environmental aspects | Management -- Environmental aspects | Technological innovations -- Environmental aspectsDDC classification: 658.4/083
Contents:
Preface Introduction K. Lakshminarayana, Prayag Gokhale, Basavaraj S. Tigadi, Praveen M. Kulkarni 1 Enhancing SMEs’ Sustainability Through Innovative Practices Introduction Literature Review Sustainable Development Enhancing Sustainability Through Innovation Capabilities Research Methodology Profile of the Respondents Data Analysis Methodology Theoretical Framework Innovation Practices Factors for Understanding SMEs’ Sustainability Through Innovative Practices Results Result Analysis on the Application of Innovation Practices in SMEs Results Analysis on the Challenges of Implementation of Innovative Practices in SMEs Discussion Process Innovations in SMEs Innovation in the Organizations Product Innovation Conclusion Priyanka Singh, Chaman Lal Pal 2 The Approach of SMEs Towards Green Management Practices Introduction Literature Review Research Methods Discussion and Finding Case Study Bhilai Steel Plant (BSP) Jindal Steel Plant Significant Sustainable Development Initiative 2.4.1 Recommendation Conclusion Renuka Sharma, Kiran Mehta 3 Factors Influencing Financial Backers’ Exit Decisions from a New Venture Background and Introduction Literature Review Role of Human Capital, the Experience of the Founder and Traits of the Founder Innovation and Risk in Startups Alternative Exit Routes and Existing Market Scenario Financial Performance of Startups and Reputation of the Investor Research Objectives Research Instrument, Data Inputs and Research Methods Results and Discussion Extraction of Factors/Determinants by Using EFA Scale Validation (Convergent and Discriminant Validity Using CFA) Results of CFA Path Model and Mediation Effect Moderation Effect Conclusion and Implications Limitation and Scope for Future Research Ram Singh, Vyomkesh Bhatt 4 Technological Advancement in Industrial Revolution 4.0 for Sustainable Development of India: Understanding Linkages in Theory and Practice Introduction Technological Innovation Industry Revolution Phases Industry 1.0 Industry 2.0 Industry 3.0 Industry 4.0 Industry 5.0 Impression of Industrial Revolutions on Sustainable Development Industrial Revolution 4.0 and Sustainable Development Big Data Role in Sustainability Artificial Intelligence (AI) Role in Sustainability The Alliance Between Artificial Intelligence and a Sustainable Economy Artificial Intelligence in Error Prediction Technological Status Quo in India During Industrial Revolution 4.0 Big Data Cloud Computing Internet of Things (IoT) IBM Environmental Intelligence Suite’s Role in Sustainability in India Conclusion Neha Kamboj, Vinita Choudhary, Sonal Trivedi 5 Impact of Macroeconomic Determinants and Corporate Attributes on Firms’ Financial Success in India Introduction Problem Statement Objective of Study Review of Literature Macroeconomic Factors Interest Rate (INT_Rate) Inflation Rate Exchange Rate Gross Domestic Product Firm Characteristics Financial Performance Research Approaches Data Variables Were Chosen as Predictors Hypothesis Models Correlation Model Data Analysis Descriptive Assessment Empirical Analysis Findings and Discussion Conclusion Recommendations Priya Rana, Mahesh Sarva 6 Exploring Individual Investor Intentions Towards Socially Responsible Investment Introduction Literature Review Perceived Risk Perceived Returns Trust Morality Attitude Towards Socially Responsible Investment Intention of Investors Towards Socially Responsible Investment Methodology Formulation of the Hypothesis and Framework for the Study Measurement Data Collection Sampling Analysis and Results Analysis of Mediation Relevance of the Model Discussion Implications Conclusion Kiran Mehta, Renuka Sharma, Archana Goel 7 Ownership Structures and Performance of SMEs: An Empirical Analysis Review of the Literature and Formulation of Hypotheses Institutional Ownership and Firm Performance Promoter Ownership and Firm Performance Individual Ownership and Firm Performance Research Methods Sample and Data Sources Variables Results and Analysis Linear Relationship Non-Linear Relationship Robustness Check Discussion and Implications Conclusion and Future Research Directions Kapil Shrimal, Nidhi Solanki, Priyanka Mathur 8 Short-Run Pricing Performance of Selected Indian IPOs During COVID-19 for Alternative Investment Avenue Introduction Initial Public Offering Small and Medium Enterprise IPO Listing Criteria of SME IPO Literature Review Rationale of the Study Objectives of the Study Research Methodology Results and Discussion Factors Considered for the Short-Term Performance of SME IPOs Short-Term Price Performance Analysis Data Interpretation Limitations of the Study Future Scope Conclusion Navpreet Kaur, Renuka Sharma, Kiran Mehta 9 Emerging Green: Exploring Strategic Factors for SMEs’ Adoption of Green Technology and Innovation in India Introduction Research Methodology Review of Literature Innovation Strategy Resource Allocation Collaboration Employee Involvement Environmental Performance Customer Demand Regulatory Compliance Innovation Culture Conclusion Anupam Sharma, Shivani Bajaj 10 Impact of Sustainability and Green Finance on SMEs to Promote Green Growth Introduction Literature Review Objectives Research Methodology Data Analysis & Interpretation Explanation of Green Finance and Sustainable Finance Role of MSMEs in Achieving Green Growth Role of MSMEs in Achieving Sustainability Development Assessment of Development of Sustainable Finance in India Conclusion Bhaveshkumar J. Parmar, Chirag Rasikbhai Patel 11 Progress Intention and Sales Revenue Growth in Micro, Small and Medium Enterprises (SMEs) Introduction Literature Review Research Methodology Model Regression Equation Data Analysis and Interpretation Operating Revenue as SMEs’ Growth Evaluation Conclusion M. Chithra 12 Green Management Practices by Small and Medium Enterprises Background Why SMEs? Review of Literature Green Manufacturing A System Model for Green Manufacturing Green Practices at SMEs Challenges in Implementing Green Practices Regulations Regarding Implementing Green Practices Benefits of Greening SMEs Conclusion Shefali Saluja 13 An Analysis of MSMEs’ Contributions to the Promotion of SDGs in India Introduction What is Sustainability? Sustainability and its Contribution to SDGs Research Methodology MSMEs and Sustainability MSMEs’ Opportunities Some Common Schemes for MSMEs by Make in India The Role of MSMEs in Fulfilling the SDGs Conclusion Policy Implications Aveline S 14 Impact of Innovation and Its Role in Small Medium Enterprises’ Sustainability Introduction and Background Contribution of Innovation to SMEs’ Sustainability Innovation and the Sustainability of SMEs Challenges and Opportunities for SMEs’ Sustainability Innovation as a Key Strategy for SMEs Sustainability Challenges and Opportunities for Innovation in SMEs Innovation and Sustainable Development Goals (SDGs) Cost Reduction Strategies for SMEs’ Sustainability New Market Opportunities Importance of New Market Opportunities for SMEs Improved Resource Efficiency Enhanced Customer Relationships Increased Resilience Methodology Discussion and Conclusion Anshul Jain 15 Effect of Government Policies on SME Innovation and Entrepreneurship Introduction Policies Developed by Governments to Support Small and Medium-Sized Businesses (SMEs) Literature Review Factors Influencing the Effectiveness of Government Policies Indian Government Policies for Supporting SMEs Regulations and Bureaucracy Intellectual Property Protection Education and Training Tax Policies Government Procurement Case Studies Case Study 1: Singapore’s Innovation-Driven Economy Case Study 2: Rwanda’s ICT-Led Development Case Study 3: Sweden’s Social Safety Net Case Study 4: Japan’s Abenomics Policy Case Study 5: Israel’s Innovation Ecosystem Conclusion Ali Albouti, K. D. Balaji 16 A Study on Various Aspects of SMEs’ Orientation for Corporate Social Responsibility Introduction Definition SMEs in General Need for the Study Issues and challenges regarding CSR in SMEs Review of Literature Research Methodology Research Problems Objectives of the Research Importance of CSR in SMEs Benefits Concepts of CSR and Their Realization in Small and Medium Enterprises Role and Growth of CSR in SMEs CSR Towards SMEs Environment Oriented CSR Employees Oriented CSR Market-Oriented CSR Society Oriented CSR Comprehensive Disadvantages of CSR Profit Maximization Competitiveness CSR Policies on SMEs Business Case for CSR by SMEs Findings Suggestions Implications of the Study Conclusion The Five Case Studies from India Priya Sachdeva, Archan Mitra 17 SME and Environmental Sustenance: Digital Marketing in SMEs via Data-Driven Strategies Introduction Research Objectives Literature Review Theoretical Framework Data Driven Decision Making for SMEs Data-Driven Decision Support for Manufacturing SMEs SME e-Business Skills Interaction-Based e-Business Development Model Digital Marketing and Data-Driven Strategies in SMEs SMEs and Environmental Sustainability Integrating Data-Driven Digital Marketing and Environmental Sustainability Findings and Discussion The Function and Potential of Data-Driven Strategies and Digital Marketing in SMEs Opportunities and Challenges in SMEs’ Integration of Environmental Sustainability Integrating Environmental Sustainability With Data-Driven Digital Marketing Conclusion List of Contributors About the Editors Index
Summary: In a world facing environmental challenges and socio-economic inequalities, SMEs can drive positive change by integrating sustainability principles into their business practices. This book examines the relationship between sustainability, green management, and SME performance, providing insights, strategies, and case studies to guide SMEs towards a more sustainable future and long-term viability. Drawing from extensive research, the book analyzes the drivers, barriers, and motivations influencing SMEs' adoption of sustainability practices. It offers practical recommendations on overcoming resource constraints, awareness gaps, regulatory complexities, and resistance to change. It explores emerging trends such as digital technologies, circular economy approaches, clean energy transitions, and social innovation and discusses collaboration among SMEs, academia, and government agencies as a crucial factor for innovation and scaling up sustainable practices. Sustainability, Green Management and Performance of SMEs is a comprehensive and practical guide for SMEs seeking to integrate sustainability into their business strategies. It inspires and supports SMEs on their journey towards environmental stewardship, social responsibility, and long-term profitability, thus enabling them to unlock new business opportunities, gain a competitive edge, and secure their future in a changing global economy
Tags from this library: No tags from this library for this title. Log in to add tags.
    Average rating: 0.0 (0 votes)

Includes bibliographical references and index.

Preface
Introduction
K. Lakshminarayana, Prayag Gokhale, Basavaraj S. Tigadi, Praveen M. Kulkarni 1 Enhancing SMEs’ Sustainability Through Innovative Practices
Introduction
Literature Review
Sustainable Development
Enhancing Sustainability Through Innovation Capabilities
Research Methodology
Profile of the Respondents
Data Analysis Methodology
Theoretical Framework
Innovation Practices
Factors for Understanding SMEs’ Sustainability Through Innovative Practices
Results
Result Analysis on the Application of Innovation Practices in SMEs
Results Analysis on the Challenges of Implementation of Innovative Practices in SMEs
Discussion
Process Innovations in SMEs
Innovation in the Organizations
Product Innovation
Conclusion
Priyanka Singh, Chaman Lal Pal 2 The Approach of SMEs Towards Green Management Practices
Introduction
Literature Review
Research Methods
Discussion and Finding
Case Study
Bhilai Steel Plant (BSP)
Jindal Steel Plant
Significant Sustainable Development Initiative
2.4.1 Recommendation
Conclusion
Renuka Sharma, Kiran Mehta 3 Factors Influencing Financial Backers’ Exit Decisions from a New Venture
Background and Introduction
Literature Review
Role of Human Capital, the Experience of the Founder and Traits of the Founder
Innovation and Risk in Startups
Alternative Exit Routes and Existing Market Scenario
Financial Performance of Startups and Reputation of the Investor
Research Objectives
Research Instrument, Data Inputs and Research Methods
Results and Discussion
Extraction of Factors/Determinants by Using EFA
Scale Validation (Convergent and Discriminant Validity Using CFA)
Results of CFA
Path Model and Mediation Effect
Moderation Effect
Conclusion and Implications
Limitation and Scope for Future Research
Ram Singh, Vyomkesh Bhatt 4 Technological Advancement in Industrial Revolution 4.0 for Sustainable Development of India: Understanding Linkages in Theory and Practice
Introduction
Technological Innovation
Industry Revolution Phases
Industry 1.0
Industry 2.0
Industry 3.0
Industry 4.0
Industry 5.0
Impression of Industrial Revolutions on Sustainable Development
Industrial Revolution 4.0 and Sustainable Development
Big Data Role in Sustainability
Artificial Intelligence (AI) Role in Sustainability
The Alliance Between Artificial Intelligence and a Sustainable Economy
Artificial Intelligence in Error Prediction
Technological Status Quo in India During Industrial Revolution 4.0
Big Data
Cloud Computing
Internet of Things (IoT)
IBM Environmental Intelligence Suite’s Role in Sustainability in India
Conclusion
Neha Kamboj, Vinita Choudhary, Sonal Trivedi 5 Impact of Macroeconomic Determinants and Corporate Attributes on Firms’ Financial Success in India
Introduction
Problem Statement
Objective of Study
Review of Literature
Macroeconomic Factors
Interest Rate (INT_Rate)
Inflation Rate
Exchange Rate
Gross Domestic Product
Firm Characteristics
Financial Performance
Research Approaches
Data
Variables Were Chosen as Predictors
Hypothesis
Models
Correlation Model
Data Analysis
Descriptive Assessment
Empirical Analysis
Findings and Discussion
Conclusion
Recommendations
Priya Rana, Mahesh Sarva 6 Exploring Individual Investor Intentions Towards Socially Responsible Investment
Introduction
Literature Review
Perceived Risk
Perceived Returns
Trust
Morality
Attitude Towards Socially Responsible Investment
Intention of Investors Towards Socially Responsible Investment
Methodology
Formulation of the Hypothesis and Framework for the Study
Measurement
Data Collection
Sampling
Analysis and Results
Analysis of Mediation
Relevance of the Model
Discussion
Implications
Conclusion
Kiran Mehta, Renuka Sharma, Archana Goel 7 Ownership Structures and Performance of SMEs: An Empirical Analysis
Review of the Literature and Formulation of Hypotheses
Institutional Ownership and Firm Performance
Promoter Ownership and Firm Performance
Individual Ownership and Firm Performance
Research Methods
Sample and Data Sources
Variables
Results and Analysis
Linear Relationship
Non-Linear Relationship
Robustness Check
Discussion and Implications
Conclusion and Future Research Directions
Kapil Shrimal, Nidhi Solanki, Priyanka Mathur 8 Short-Run Pricing Performance of Selected Indian IPOs During COVID-19 for Alternative Investment Avenue
Introduction
Initial Public Offering
Small and Medium Enterprise IPO
Listing Criteria of SME IPO
Literature Review
Rationale of the Study
Objectives of the Study
Research Methodology
Results and Discussion
Factors Considered for the Short-Term Performance of SME IPOs
Short-Term Price Performance Analysis
Data Interpretation
Limitations of the Study
Future Scope
Conclusion
Navpreet Kaur, Renuka Sharma, Kiran Mehta 9 Emerging Green: Exploring Strategic Factors for SMEs’ Adoption of Green Technology and Innovation in India
Introduction
Research Methodology
Review of Literature
Innovation Strategy
Resource Allocation
Collaboration
Employee Involvement
Environmental Performance
Customer Demand
Regulatory Compliance
Innovation Culture
Conclusion
Anupam Sharma, Shivani Bajaj 10 Impact of Sustainability and Green Finance on SMEs to Promote Green Growth
Introduction
Literature Review
Objectives
Research Methodology
Data Analysis & Interpretation
Explanation of Green Finance and Sustainable Finance
Role of MSMEs in Achieving Green Growth
Role of MSMEs in Achieving Sustainability Development
Assessment of Development of Sustainable Finance in India
Conclusion
Bhaveshkumar J. Parmar, Chirag Rasikbhai Patel 11 Progress Intention and Sales Revenue Growth in Micro, Small and Medium Enterprises (SMEs)
Introduction
Literature Review
Research Methodology
Model Regression Equation
Data Analysis and Interpretation
Operating Revenue as SMEs’ Growth Evaluation
Conclusion
M. Chithra 12 Green Management Practices by Small and Medium Enterprises
Background
Why SMEs?
Review of Literature
Green Manufacturing
A System Model for Green Manufacturing
Green Practices at SMEs
Challenges in Implementing Green Practices
Regulations Regarding Implementing Green Practices
Benefits of Greening SMEs
Conclusion
Shefali Saluja 13 An Analysis of MSMEs’ Contributions to the Promotion of SDGs in India
Introduction
What is Sustainability?
Sustainability and its Contribution to SDGs
Research Methodology
MSMEs and Sustainability
MSMEs’ Opportunities
Some Common Schemes for MSMEs by Make in India
The Role of MSMEs in Fulfilling the SDGs
Conclusion
Policy Implications
Aveline S 14 Impact of Innovation and Its Role in Small Medium Enterprises’ Sustainability
Introduction and Background
Contribution of Innovation to SMEs’ Sustainability
Innovation and the Sustainability of SMEs
Challenges and Opportunities for SMEs’ Sustainability
Innovation as a Key Strategy for SMEs Sustainability
Challenges and Opportunities for Innovation in SMEs
Innovation and Sustainable Development Goals (SDGs)
Cost Reduction Strategies for SMEs’ Sustainability
New Market Opportunities
Importance of New Market Opportunities for SMEs
Improved Resource Efficiency
Enhanced Customer Relationships
Increased Resilience
Methodology
Discussion and Conclusion
Anshul Jain 15 Effect of Government Policies on SME Innovation and Entrepreneurship
Introduction
Policies Developed by Governments to Support Small and Medium-Sized Businesses (SMEs)
Literature Review
Factors Influencing the Effectiveness of Government Policies
Indian Government Policies for Supporting SMEs
Regulations and Bureaucracy
Intellectual Property Protection
Education and Training
Tax Policies
Government Procurement
Case Studies
Case Study 1: Singapore’s Innovation-Driven Economy
Case Study 2: Rwanda’s ICT-Led Development
Case Study 3: Sweden’s Social Safety Net
Case Study 4: Japan’s Abenomics Policy
Case Study 5: Israel’s Innovation Ecosystem
Conclusion
Ali Albouti, K. D. Balaji 16 A Study on Various Aspects of SMEs’ Orientation for Corporate Social Responsibility
Introduction
Definition
SMEs in General
Need for the Study
Issues and challenges regarding CSR in SMEs
Review of Literature
Research Methodology
Research Problems
Objectives of the Research
Importance of CSR in SMEs
Benefits
Concepts of CSR and Their Realization in Small and Medium Enterprises
Role and Growth of CSR in SMEs
CSR Towards SMEs
Environment Oriented CSR
Employees Oriented CSR
Market-Oriented CSR
Society Oriented CSR
Comprehensive
Disadvantages of CSR
Profit Maximization
Competitiveness
CSR Policies on SMEs
Business Case for CSR by SMEs
Findings
Suggestions
Implications of the Study
Conclusion
The Five Case Studies from India
Priya Sachdeva, Archan Mitra 17 SME and Environmental Sustenance: Digital Marketing in SMEs via Data-Driven Strategies
Introduction
Research Objectives
Literature Review
Theoretical Framework
Data Driven Decision Making for SMEs
Data-Driven Decision Support for Manufacturing SMEs
SME e-Business Skills
Interaction-Based e-Business Development Model
Digital Marketing and Data-Driven Strategies in SMEs
SMEs and Environmental Sustainability
Integrating Data-Driven Digital Marketing and Environmental Sustainability
Findings and Discussion
The Function and Potential of Data-Driven Strategies and Digital Marketing in SMEs
Opportunities and Challenges in SMEs’ Integration of Environmental Sustainability
Integrating Environmental Sustainability With Data-Driven Digital Marketing
Conclusion
List of Contributors
About the Editors
Index

In a world facing environmental challenges and socio-economic inequalities, SMEs can drive positive change by integrating sustainability principles into their business practices. This book examines the relationship between sustainability, green management, and SME performance, providing insights, strategies, and case studies to guide SMEs towards a more sustainable future and long-term viability. Drawing from extensive research, the book analyzes the drivers, barriers, and motivations influencing SMEs' adoption of sustainability practices. It offers practical recommendations on overcoming resource constraints, awareness gaps, regulatory complexities, and resistance to change. It explores emerging trends such as digital technologies, circular economy approaches, clean energy transitions, and social innovation and discusses collaboration among SMEs, academia, and government agencies as a crucial factor for innovation and scaling up sustainable practices. Sustainability, Green Management and Performance of SMEs is a comprehensive and practical guide for SMEs seeking to integrate sustainability into their business strategies. It inspires and supports SMEs on their journey towards environmental stewardship, social responsibility, and long-term profitability, thus enabling them to unlock new business opportunities, gain a competitive edge, and secure their future in a changing global economy

There are no comments for this item.

to post a comment.