2000
DOI: 10.1002/1520-6483(200021)9:3<37::aid-tqem4>3.0.co;2-t
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Strategic evaluation of environmental projects in SMEs

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Cited by 16 publications
(3 citation statements)
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“…The choice of this method can be explained in part by factors such as lack of financial expertise, short-term vision and shortage of capital. However, the use of such methods can create significant barriers to environmental investments, as they typically ignore the time value of money (Epstein and Roy, 2000).…”
Section: Environmental Initiativesmentioning
confidence: 99%
“…The choice of this method can be explained in part by factors such as lack of financial expertise, short-term vision and shortage of capital. However, the use of such methods can create significant barriers to environmental investments, as they typically ignore the time value of money (Epstein and Roy, 2000).…”
Section: Environmental Initiativesmentioning
confidence: 99%
“…Because most SMEs do not understand the true costs of compliance, cost reduction is not a motivator. Small manufacturers do not recognize that environmental enhancements can improve efficiency, reduce costs and increase profits [18,29]. 1 Path analysis is a method that employs simple bivariate correlations to estimate the relationships in a system of structural equations.…”
Section: Importance Of Smes To the Economy And The Natural Environmentmentioning
confidence: 99%
“…The growth of MSMEs energizes the economy of developing nations, as these enterprises account for 50 per cent of the production capacity in the economy (Eniola and Entebang, 2015). Big corporations understand the merits of adopting anti-pollution manufacturing strategies (Hussey and Eagan, 2007); however, (Epstein and Roy, 2000) MSMEs are yet to realize the importance of environmental conservation that can lead to higher efficiency, low cost and profitability. According to Van Hemel and Cramer (2002) MSMEs do not consider environmental concerns as their duty because there have not been significant reasons that justify the benefits earned from it.…”
Section: Introductionmentioning
confidence: 99%