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Position of Sri Lankan Products in the Global Market: A Comparison of Brand Values Read chapter Read first chapter

2021 | OriginalPaper | Chapter

6. Do Entrepreneurial Business and Political Connections Lead to Greater Firm Performance? Exploring Informal-Sector Micro-enterprises in Sri Lanka

Authors : Nilupama Wijewardena, Ramanie Samaratunge, Ajantha Sisira Kumara, Kumudinei Dissanayake

Published in: New Horizons in Management, Leadership and Sustainability

Publisher: Springer International Publishing

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Abstract

This study examines the direct and indirect effects of informal-sector micro-entrepreneurs’ political and business connections on their self-efficacy and firm performance via the mediating role of perceived support from the institutional environment in an emerging economy, Sri Lanka. The findings using matched survey data from 635 entrepreneurs and their case officers reveal that micro-entrepreneurs’ utilization of business ties and political ties impacts firm performance through the mediated role of the perceived support from the regulatory and cognitive environments and self-efficacy. We argue that, for informal-sector micro-entrepreneurs, their business and political connections provide a crucial link to the formal institutional environment, thereby increasing their self-efficacy and performance.

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previous chapter Role of Organizational Culture and Actors on Success and Failure of Balanced Scorecard Operationalization: A Case Study of a Clustered Firm
next chapter A Question of Ties: The Impact of Social Ties on Resource Mobilization of Women Entrepreneurs in the Sri Lankan Floriculture Industry
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Metadata
Title
Do Entrepreneurial Business and Political Connections Lead to Greater Firm Performance? Exploring Informal-Sector Micro-enterprises in Sri Lanka
Authors
Nilupama Wijewardena
Ramanie Samaratunge
Ajantha Sisira Kumara
Kumudinei Dissanayake
Copyright Year
2021
Publisher
Springer International Publishing
Book
New Horizons in Management, Leadership and Sustainability

Print ISBN: 978-3-030-62170-4

Electronic ISBN: 978-3-030-62171-1

Copyright Year: 2021

DOI
https://doi.org/10.1007/978-3-030-62171-1_6