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Environmentally Responsible Business Approaches in Azerbaijan

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  • Mubariz Mammadli

    (Department of Economics and Business Management, UNEC Business School, Azerbaijan State University of Economics, Baku AZ1001, Azerbaijan)

Abstract

In the study; the eco-entrepreneurship and environmental sensitivity of companies operating in Azerbaijan were examined within the scope of environmental practices. For this purpose, companies operating in the country were invited to participate in a survey, and their sensitivity to the environment was examined from four main dimensions—consumption, production, financial, and technology. The mentioned dimensions were analyzed according to four aspects; namely, business field of activity, business size, operating year, and the level of implementation of environmentally friendly policies. According to the results of a one-way analysis of variance, carried out by field of activity, operating year, and the level of implementation of eco-friendly policy; it was found that there was no group that significantly differed from the overall group mean. A difference was found only in terms of the size of the enterprise. The study found that large businesses were more aware of environmental sensitivity than small- and medium-sized businesses.

Suggested Citation

  • Mubariz Mammadli, 2022. "Environmentally Responsible Business Approaches in Azerbaijan," Sustainability, MDPI, vol. 14(10), pages 1-25, May.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:10:p:6227-:d:819941
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