Unveiling the power of social value: Catalyzing circular economy in emerging market SMEs

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dc.authorid0000-0002-2836-6317
dc.authorid0000-0002-9119-3252
dc.contributor.authorAyaz, Özlem
dc.contributor.authorTatoğlu, Ekrem
dc.contributor.otherYönetim Bilimleri Fakültesi, İşletme Bölümü
dc.date.accessioned2024-05-22T12:57:19Z
dc.date.available2024-05-22T12:57:19Z
dc.date.issued2024
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İşletme Bölümü
dc.description.abstractThe circular economy serves as a dynamic force for sustainability, emphasizing energy conservation, enduring design, and recycling, all while prioritizing value creation. Aligned with the comprehensive triple bottom line framework, encompassing environmental, social, and financial dimensions, circular economy initiatives hold the promise of substantial organizational benefits. This research, deeply rooted in systems thinking, investigates the pivotal role of social value in achieving organizational objectives. Employing structural equation modeling, a serial mediation model is meticulously crafted based on a cross-sectional online survey conducted among small and medium-sized enterprises in Turkey. The findings bring to light mutually reinforcing relationships among triple bottom line dimensions, accentuating the positive mediating mechanisms between social value initiatives and organizational performance. This study significantly advances our understanding of social value, circular economy practices, and sustainability within the context of Turkish SMEs. The practical implications of this research provide valuable guidance for organizations navigating the realms of social and environmental responsibility. Through the implementation of diverse strategies, organizations can adeptly integrate and manage the multifaceted aspects of the triple bottom line, culminating in favorable outcomes and the cultivation of triumvirate elements that augment organizational performance.
dc.identifier.citationAyaz, Ö. ve Tatoğlu, E. (2024). Unveiling the power of social value: Catalyzing circular economy in emerging market SMEs. Journal of Cleaner Production, 453, 1-19. https://www.doi.org/10.1016/j.jclepro.2024.142245
dc.identifier.doi10.1016/j.jclepro.2024.142245
dc.identifier.endpage19
dc.identifier.issn0959-6526
dc.identifier.scopus2-s2.0-85190779320
dc.identifier.scopusqualityQ1
dc.identifier.startpage1
dc.identifier.urihttps://www.doi.org/10.1016/j.jclepro.2024.142245
dc.identifier.urihttps://hdl.handle.net/20.500.12154/2865
dc.identifier.volume453
dc.identifier.wosWOS:001296330400001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakScopus
dc.indekslendigikaynakWeb of Science
dc.institutionauthorTatoğlu, Ekrem
dc.institutionauthorid0000-0002-9119-3252
dc.language.isoen
dc.publisherElsevier
dc.relation.ispartofJournal of Cleaner Production
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectCircular Economy
dc.subjectEmerging Markets
dc.subjectSMEs
dc.subjectSystems Thinking View
dc.subjectTriple Bottom Line
dc.subjectTurkey
dc.titleUnveiling the power of social value: Catalyzing circular economy in emerging market SMEs
dc.typeArticle
dspace.entity.typePublication
relation.isAuthorOfPublication29f46236-65bf-4da8-b2be-b9826daecb5e
relation.isAuthorOfPublication.latestForDiscovery29f46236-65bf-4da8-b2be-b9826daecb5e
relation.isOrgUnitOfPublicationc9253b76-6094-4836-ac99-2fcd5392d68f
relation.isOrgUnitOfPublication.latestForDiscoveryc9253b76-6094-4836-ac99-2fcd5392d68f

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