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Effects of Informal Institutions on the Performance of Microenterprises in the Philippines: The Mediating Role of Entrepreneurial Orientation.
- Source :
-
Journal of Asia-Pacific Business . 2012, Vol. 13 Issue 4, p320-348. 29p. 2 Diagrams, 4 Charts. - Publication Year :
- 2012
-
Abstract
- The study investigates the effects of informal institutions and entrepreneurial orientation on the performance of microenterprises at the subnational level within a developing country context. Using structural equation modeling based on a large-scale survey of 735 microenterprises in the Philippines, it is found that informal institutional factors and entrepreneurial orientation are associated with firm performance. However, further analysis reveals a strong mediating role of entrepreneurial orientation on the informal institutions-firm performance relationships. This finding is novel and adds to our understanding of the mechanism through which informal institutions affect firm performance, particularly for microenterprises in developing countries. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *SMALL business
*ENTREPRENEURSHIP
*FINANCIAL performance
DEVELOPING countries
Subjects
Details
- Language :
- English
- ISSN :
- 10599231
- Volume :
- 13
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Journal of Asia-Pacific Business
- Publication Type :
- Academic Journal
- Accession number :
- 84055112
- Full Text :
- https://doi.org/10.1080/10599231.2012.718652