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Effects of informal institutions on the performance of microenterprises in the Phillipines : the mediating role of entrepreneurial orientation

Version 2 2024-06-17, 08:11
Version 1 2014-10-28, 09:52
journal contribution
posted on 2024-06-17, 08:11 authored by B Roxas, D Chadee
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.

History

Journal

Journal of Asia-Pacific business

Volume

13

Pagination

320-348

Location

Philadelphia, Pa.

ISSN

1059-9231

eISSN

1528-6940

Language

eng

Publication classification

C1 Refereed article in a scholarly journal

Copyright notice

2012, Taylor & Francis

Issue

4

Publisher

Routledge