Abstract

Covid-19 pandemic is attacking almost whole parts of the world. This negatively affects the most Sustainable Development Goals (SDGs) agenda. This study is intended to identify the MSME’s sustainable economic behavior for struggling poverty through the literature review of agency theory and bounded theory. This literature review uses contextual techniques related to MSME’s sustainable economic behavior for struggling poverty with the support of Agency Theory and Theory of Bounded Rationality. The literature exam includes about 15 books and 20 journals collected from the University of Indonesia’s virtual library facilities and the Google Scholar application for 2015 - 2020 by using a systematic mapping study. Results indicate that agency theory is an element of different interests (between MSEs and Principals/guarantor of purchasing MSMEs products) then the theory of bounded rationality as elements of rationality and utility (the minimal state of MSMEs). Moreover, the influence that influences (influences) intend to survive or survive economically for Micro, Small, and Medium Enterprises. It is recommendable to apply the agency theory and bounded rationality theory to have a further empirical study on MSMEs’ economic resilience.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.