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Environmental Orientation of Small Enterprises: Can Microcredit-Assisted Microenterprises be 'Green'?

Citation

Shahidullah, AKM and Haque, CE, Environmental Orientation of Small Enterprises: Can Microcredit-Assisted Microenterprises be 'Green'?, Sustainability, 6 pp. 3232-3251. ISSN 2071-1050 (2014) [Refereed Article]


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Copyright Statement

Copyright 2014 by the authors; licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution license (http://creativecommons.org/licenses/by/3.0/).

DOI: doi:10.3390/su6063232

Abstract

The objective of this research was to explore, both theoretically and empirically, the ecological impacts of small-scale entrepreneurial ventures in developing countries. To this end, six microenterprises in rural southwestern Bangladesh established using green-microcredit strategies were evaluated in terms of goals, operational procedures, economic viability, social contributions, and impact on local ecological sustainability. This research revealed that the majority of such enterprises are not only sustainable and comply with current ecological standards, but also contribute a considerable number of vital ecosystem services while simultaneously maintaining suitably high profit margins to promise long-term economic viability. These findings indicate that microenterprises given environmental guidance by developmental non-governmental organizations (NGOs)—especially NGOs microfinance institutions, NGO-MFIs—have the potential to make significant ecological contributions and address the issue of climate change from the bottom of the social ladder upwards.

Item Details

Item Type:Refereed Article
Keywords:Small-enterprise, microcredit, green-microenterprise, ecosystem services
Research Division:Commerce, Management, Tourism and Services
Research Group:Strategy, management and organisational behaviour
Research Field:Entrepreneurship
Objective Division:Economic Framework
Objective Group:Measurement standards and calibration services
Objective Field:Agricultural and environmental standards and calibrations
UTAS Author:Shahidullah, AKM (Dr A K M Shahidullah)
ID Code:142363
Year Published:2014
Web of Science® Times Cited:5
Deposited By:TSBE
Deposited On:2021-01-12
Last Modified:2021-11-15
Downloads:4 View Download Statistics

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