Antoniuk, L., Gernego, I., Dyba, V., Polishchuk, Y., & Sybirianska, Y. (2017). Barriers and opportunities for hi-tech innovative small and medium enterprises development in the 4th industrial revolution era. Problems and Perspectives in Management, 15(4), 100-113.
Arend, R. J. (2014). Social and environmental performance at SMEs: Considering motivations, capabilities, and instrumentalism. Journal of Business Ethics, 125(4), 541-561.
Arregle, J. L., Hitt, M. A., Sirmon, D. G., & Very, P. (2007). The development of organizational social capital: Attributes of family firms. Journal of management studies, 44(1), 73-95.
Baah, C., Opoku-Agyeman, D., Acquah, I. S. K., Agyabeng-Mensah, Y., Afum, E., Faibil, D., & Abdoulaye, F. A. M. (2021). Examining the correlations between stakeholder pressures, green production practices, firm reputation, environmental and financial performance: evidence from manufacturing SMEs. Sustainable Production and Consumption, 27, 100-114.
Bacq, S., & Janssen, F. (2011). The multiple faces of social entrepreneurship: A review of definitional issues based on geographical and thematic criteria. Entrepreneurship & Regional Development, 23(5-6), 373-403.
Bahri, M., St‐Pierre, J., & Sakka, O. (2011). Economic value added: a useful tool for SME performance management. International Journal of Productivity and Performance Management.
Belhadi, A., Touriki, F. E., & El Fezazi, S. (2018). Benefits of adopting lean production on green performance of SMEs: a case study. Production Planning & Control, 29(11), 873-894.
Bjuggren, C. M., Johansson, D., & Sjögren, H. (2011). A note on employment and gross domestic product in Swedish family-owned businesses: A descriptive analysis. Family Business Review, 24(4), 362-371.
Boiral, O., Baron, C., & Gunnlaugson, O. (2014). Environmental leadership and consciousness development: A case study among Canadian SMEs. Journal of business ethics, 123(3), 363-383.
Bos‐Brouwers, H. E. J. (2010). Corporate sustainability and innovation in SMEs: Evidence of themes and activities in practice. Business strategy and the environment, 19(7), 417-435.
Calabrò, A., Vecchiarini, M., Gast, J., Campopiano, G., De Massis, A., & Kraus, S. (2019). Innovation in family firms: A systematic literature review and guidance for future research. International journal of management reviews, 21(3), 317-355.
Cambra-Fierro, J., Hart, S., & Polo-Redondo, Y. (2008). Environmental respect: ethics or simply business? A study in the small and medium enterprise (SME) context. Journal of Business Ethics, 82(3), 645-656.
Christofi, A., Christofi, P., & Sisaye, S. (2012). Corporate sustainability: historical development and reporting practices. Management Research Review.
Courvisanos, J. (2012). Cycles, Crises, Innovation: Path to Sustainable Development A Kaleckian-Schumpeterian Synthesis. Edward Elgar Publishing.
Cracolici, M. F., Cuffaro, M., & Nijkamp, P. (2010). The measurement of economic, social and environmental performance of countries: A novel approach. Social indicators research, 95(2), 339-356.
Dahya, J., & Travlos, N. (2000). Does the one man show pay? Theory and evidence on the dual CEO revisited. European Financial Management, 6(1), 85-98.
Deephouse, D. L., & Jaskiewicz, P. (2013). Do family firms have better reputations than non‐family firms? An integration of socioemotional wealth and social identity theories. Journal of management Studies, 50(3), 337-360.
Dobbs, M., & Hamilton, R. T. (2007). Small business growth: recent evidence and new directions. International journal of entrepreneurial behavior & research.
Esposito De Falco, S., Scandurra, G., & Thomas, A. (2021). How stakeholders affect the pursuit of the Environmental, Social, and Governance. Evidence from innovative small and medium enterprises. Corporate Social Responsibility and Environmental Management, 28(5), 1528-1539.
Govindan, K., Khodaverdi, R., & Jafarian, A. (2013). A fuzzy multi criteria approach for measuring sustainability performance of a supplier based on triple bottom line approach. Journal of Cleaner production, 47, 345-354.
Guan, H., Zhang, Z., Zhao, A., Jia, J., & Guan, S. (2019). Research on innovation behavior and performance of new generation entrepreneur based on grounded theory. Sustainability, 11(10), 2883.
Hitt, M. A., Ireland, R. D., Sirmon, D. G., & Trahms, C. A. (2011). Strategic entrepreneurship: creating value for individuals, organizations, and society. Academy of management perspectives, 25(2), 57-75.
Jayaratne, M., Sullivan Mort, G., & D’Souza, C. (2019). Sustainability entrepreneurship: From consumer concern towards entrepreneurial commitment. Sustainability, 11(24), 7076.
Jolink, A., & Niesten, E. (2015). Sustainable development and business models of entrepreneurs in the organic food industry. Business Strategy and the Environment, 24(6), 386-401.
Jony, J., Sitorus, S. A., Hana, K. F., Purba, B., Basmar, E., Hasyim, H., ... & Sariyanto, S. (2021). Pemasaran Usaha Kecil Menengah. Yayasan Kita Menulis.
Klein, P. G., Mahoney, J. T., McGahan, A. M., & Pitelis, C. N. (2013). Capabilities and strategic entrepreneurship in public organizations. Strategic Entrepreneurship Journal, 7(1), 70-91.
Kumalaningrum, M. P. (2012). Lingkungan Bisnis, Orientasi Kewirausahaan, Orientasi Pasar, dan Kinerja Usaha Mikro, Kecil dan Menengah. Jurnal Riset Manajemen dan Bisnis, 7(1), 45-59.
López-Pérez, M. E., Melero-Polo, I., Vázquez-Carrasco, R., & Cambra-Fierro, J. (2018). Sustainability and business outcomes in the context of SMEs: Comparing family firms vs. non-family firms. Sustainability, 10(11), 4080.
Mayasari, R., & Isa, I. G. T. (2021). Geliat Technopreneurship (Kewirausahaan Berbasis Teknologi): Buku Ajar Penuntun Perkuliahan Kewirausahaan. Penerbit NEM.
Musa, C. I., & Hasan, M. (2018). The influence of social, economic, and demographic characteristic on working hours of micro, small, and medium enterprises (MSMEs) in Makassar City. In Journal of Physics: Conference Series (Vol. 1028, No. 1, p. 012181). IOP Publishing.
Nuringsih, K., & Edalmen, E. (2021). Local Food Entrepreneurship: Sebagai Model Pengembangan Kewirausahaan Berkelanjutan. Jurnal Muara Ilmu Ekonomi dan Bisnis, 5(2), 457-468.
Poerwanto, G. H., Kristia, K., & Pranatasari, F. D. (2019). Praktik Model Bisnis Berkelanjutan pada Komunitas UMKM di Yogyakarta. EXERO: Journal of Research in Business and Economics, 2(2), 183-204.
Sageder, M., Mitter, C., & Feldbauer‐Durstmüller, B. (2018). Image and reputation of family firms: a systematic literature review of the state of research. Review of Managerial Science, 12(1), 335-377.
Schaltegger, S., & Wagner, M. (2011). Sustainable entrepreneurship and sustainability innovation: categories and interactions. Business strategy and the environment, 20(4), 222-237.
Simanjuntak, M., Banjarnahor, A. R., Sari, O. H., Jamaludin, J., Hasibuan, A., Hutabarat, M. L. P., ... & Handiman, U. T. (2021). Kewirausahaan Berbasis Teknologi. Yayasan Kita Menulis.
Smith, M. (2007). “Real” managerial differences between family and non‐family firms. International Journal of Entrepreneurial Behavior & Research.
Song, L., & Zhou, Y. (2020). The COVID‐19 pandemic and its impact on the global economy: what does it take to turn crisis into opportunity?. China & World Economy, 28(4), 1-25.
Susanto, A. B. (2005). World class family business. Mizan Pustaka.
Tambunan, T. (2008). SME development, economic growth, and government intervention in a developing country: The Indonesian story. Journal of international entrepreneurship, 6(4), 147-167.
Torugsa, N. A., O’Donohue, W., & Hecker, R. (2013). Proactive CSR: An empirical analysis of the role of its economic, social and environmental dimensions on the association between capabilities and performance. Journal of business ethics, 115(2), 383-402.
Uhlaner, L. M., van Goor‐Balk, H. A., & Masurel, E. (2004). Family business and corporate social responsibility in a sample of Dutch firms. Journal of small business and enterprise development.
Urbaniec, M. (2018). Sustainable entrepreneurship: Innovation-related activities in European enterprises. Polish Journal of Environmental Studies, 27(4), 1773-1779.
van Noordwijk, M., & Brussaard, L. (2014). Minimizing the ecological footprint of food: closing yield and efficiency gaps simultaneously?. Current Opinion in Environmental Sustainability, 8, 62-70.
Vives, A. (2006). Social and environmental responsibility in small and medium enterprises in Latin America. Journal of corporate citizenship, (21), 39-50.
- Abstract viewed - 370 times
- pdf downloaded - 363 times
Affiliations
Iing Hilman
Universitas Mercu Buana
Masydzulhak Djamil
Universitas Mercu Buana
Ahmad Badawi Saluy
Universitas Mercu Buana
Mafizatun Nurhayati
Universitas Mercu Buana
How to Cite
Analysis of Entrepreneurship Sustainability in Individual SMEs (One-Man-Show) from A Triple Bottom Line (TBL) Perspective: Study in Depok City, Indonesia
Vol 12 No 1 (2023): Management Analysis Journal
Submitted: Feb 17, 2023
Published: Mar 31, 2023
Abstract
This research analyzes the relationship between sustainability practices and business outcomes in small and medium enterprises (SMEs). Sustainability in the context of SMEs managed by the head of the family (a one-man show) is characterized by the ability of SMEs to survive and succeed in a dynamic, competitive, and challenging business environment. SMEs must adapt to the changing environment and take strategies to achieve a balance between the Triple Bottom Line, namely people, planet, and profit, reducing pollution and degrading resources in the long term. The purpose of this article is to comprehend the nature of the sustainability of SMEs managed by the family's head. The results of the analysis show that SMEs must be able to survive economic and social changes, engage in responsible and ethical business practices, use natural resources effectively and protect the environment, and provide high-quality products and services. The results of this paper are in the form of metrics to measure how well SMEs meet the needs of stakeholders. With this sustainability metric, SMEs can observe further using the theme of sustainable practices. Thematic network analysis looks into the following major topics: (1) environmental concern behavior; (2) image and reputation; (3) economic interests; (4) social; and (5) environment. This study also discusses the important implications for SMEs who want to improve performance based on the Triple Bottom Line Theory and business sustainability.