International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework
This article identifies the mediating role of informal institutional frameworks upon the relationship between the international entrepreneurial orientation (IEO) behavior of small and medium-sized enterprises (SMEs), and their perceived financial performance, while operating within a volatile busine...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2020-12-01
|
| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/2158244020983294 |
| _version_ | 1818389746299174912 |
|---|---|
| author | Bekir Emre Kurtulmuş Alev Katrinli Bernadette Warner |
| author_facet | Bekir Emre Kurtulmuş Alev Katrinli Bernadette Warner |
| author_sort | Bekir Emre Kurtulmuş |
| collection | DOAJ |
| description | This article identifies the mediating role of informal institutional frameworks upon the relationship between the international entrepreneurial orientation (IEO) behavior of small and medium-sized enterprises (SMEs), and their perceived financial performance, while operating within a volatile business environment. To reach the study’s aim, we conducted a regression analysis upon SMEs operating in Turkey and implemented structural equation modeling on the construct to specify the validity of the model. The findings are that the indicated relationship is indeed mediated by informal institutional frameworks. However, IEO and financial performance relationship is negative. The practical implementation of IEO activities is risky when target market financial conditions are difficult, and the nature of relevant informal institutional frameworks should be considered before full commitment to IEO activities. |
| first_indexed | 2024-12-14T04:46:38Z |
| format | Article |
| id | doaj.art-0599b6a7094749b694ca9fdc384e7def |
| institution | Directory Open Access Journal |
| issn | 2158-2440 |
| language | English |
| last_indexed | 2024-12-14T04:46:38Z |
| publishDate | 2020-12-01 |
| publisher | SAGE Publishing |
| record_format | Article |
| series | SAGE Open |
| spelling | doaj.art-0599b6a7094749b694ca9fdc384e7def2022-12-21T23:16:39ZengSAGE PublishingSAGE Open2158-24402020-12-011010.1177/2158244020983294International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional FrameworkBekir Emre Kurtulmuş0Alev Katrinli1Bernadette Warner2Kuwait College of Science and Technology, Safat, KuwaitDokuz Eylül University, İzmir, TurkeyUniversity of the Commonwealth Caribbean, Kingston, JamaicaThis article identifies the mediating role of informal institutional frameworks upon the relationship between the international entrepreneurial orientation (IEO) behavior of small and medium-sized enterprises (SMEs), and their perceived financial performance, while operating within a volatile business environment. To reach the study’s aim, we conducted a regression analysis upon SMEs operating in Turkey and implemented structural equation modeling on the construct to specify the validity of the model. The findings are that the indicated relationship is indeed mediated by informal institutional frameworks. However, IEO and financial performance relationship is negative. The practical implementation of IEO activities is risky when target market financial conditions are difficult, and the nature of relevant informal institutional frameworks should be considered before full commitment to IEO activities.https://doi.org/10.1177/2158244020983294 |
| spellingShingle | Bekir Emre Kurtulmuş Alev Katrinli Bernadette Warner International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework SAGE Open |
| title | International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework |
| title_full | International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework |
| title_fullStr | International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework |
| title_full_unstemmed | International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework |
| title_short | International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework |
| title_sort | international entrepreneurial orientation and performance of smes the mediating role of informal institutional framework |
| url | https://doi.org/10.1177/2158244020983294 |
| work_keys_str_mv | AT bekiremrekurtulmus internationalentrepreneurialorientationandperformanceofsmesthemediatingroleofinformalinstitutionalframework AT alevkatrinli internationalentrepreneurialorientationandperformanceofsmesthemediatingroleofinformalinstitutionalframework AT bernadettewarner internationalentrepreneurialorientationandperformanceofsmesthemediatingroleofinformalinstitutionalframework |