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Sustainable Entrepreneursip And Environmental Dynamism Of Selected Meter Manufacturing Companies In Lagos State

Author

Listed:
  • Waidi Adeniyi Akingbade,

    (Department of Business Administration, Faculty of Management Sciences, Lagos State University, Lagos, Nigeria.)

  • Olubunmi Temitayo Famodun

    (Department of Business Administration, Faculty of Management Sciences, Lagos State University, Lagos, Nigeria.)

Abstract

In the fields of business and environmental studies, sustainable entrepreneurship and environmental dynamism are inevitable concepts that drives the economy. Sustainable businesses may need to be especially inventive in highly dynamic circumstances, utilizing their knowledge of sustainability to foresee and adapt to changes.Therefore, the study was designed to investigate sustainable entrepreneurship and environmental dynamism of selected meter manufacturing companies in Lagos State. The study adopted a survey research design and the study relied on primary data through structural self-administered questionnaire. The targeted population of this study is 207 mid-level and top management level employees of MMCs in Lagos state. The list of MMCs was drawn from Directory of Certified Electricity Meters and Instruments Manufacturing /Assembling Companies and Nigerian Electricity Management Services Agency who served as a regulatory body to MMCs in Nigeria. Taro Yamane formula was used to choose 136 participants to which the questionnaires were administered and returned. Multiple regression and Pearson correlation method of analyses were used for hypotheses of the study. Findings revealed that social and economic sustainability are significant predictors of market dynamism of MMCs in Lagos State. The study concludes that both social sustainability and economic sustainability have a positive and significant influence on market dynamism. The study therefore, recommended that MMCs should always come up with both economic and social sustainability policy that can mitigate the effect of market dynamism and improve their operations.

Suggested Citation

  • Waidi Adeniyi Akingbade, & Olubunmi Temitayo Famodun, 2024. "Sustainable Entrepreneursip And Environmental Dynamism Of Selected Meter Manufacturing Companies In Lagos State," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 9(2), pages 83-94, September.
    • Handle: RePEc:ora:jrojbe:v:9:y:2024:i:2:p:83-94
    DOI: http://doi.org/10.47535/1991ojbe198
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    More about this item

    Keywords

    Economic; Sustainability; Environmental; Dynamism; Entrepreneurship and Longterm.;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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