IMAGE
Vol 12, No 1 (2024): Image : Jurnal Riset Manajemen

Impact Beyond Financial Sustainability: A Review to Unravel Factors that Impact Sustainability Initiatives in MSMEs

Opoku Nkansah, Obed Kwabina (Unknown)
Gaffar, Vanessa (Unknown)
Sofia, Alfira (Unknown)



Article Info

Publish Date
30 Apr 2024

Abstract

In developing countries, formal MSMEs provide up to 60% of all jobs and contribute up to 40% to the GDP (World bank,2015). The focus of MSMEs traditionally has been financial sustainability measured by revenue and profitability. Recent calls on MSMEs however have been the drive for sustainability initiatives. The study aimed at exploring the factors that influence sustainability initiatives globally. A systematic literature review was conducted using data bases such as EBSCO, EMERALD, Science Direct Scopus, Wiley Online and Google Schorlar resulting in 44 peer reviewed papers from 1990 to 2021. The study revealed diverse factors that influence sustainability, grouped into internal and external factors. A key factor that came to light in the review was the future embracement of state-of-the-art technology. Overall, the study provides important insights into the factors that can drive sustainability initiatives of MSMEs.

Copyrights © 2024






Journal Info

Abbrev

image

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

IMAGE with registered number ISSN 2339-2878 (Print), is a peer-reviewed journal published two times a year (April and November) by Program Studi Manajemen Fakultas Pendidikan Ekonomi dan Bisnis Universitas Pendidikan Indonesia. IMAGE is intended to be the journal for publishing articles reporting ...