Characteristics Of Enterprises Research Articles

Does the size of the firm matter in determining the adoption of green economy practices in India?

PurposeThis article aims at analysing the factors influencing the adoption of green economy practices across different sizes of firms in India.Design/methodology/approachThis study is based on the World Bank Enterprise Survey 2022, covering 9,376 firms in India. The Poisson Count Regression Model has been used to analyse the factors affecting the adoption of green economy practices.FindingsAbout 83 % of firms reported adopting at least one green practice in their business related to energy conservation, water management, pollution control and waste management and recycling. Research results reveal a significant association between the size of the firm and adoption of green economy practices. The impact of enterprise characteristics varies by firm size. For instance, female ownership positively affects adoption in large firms but negatively in small and medium-sized enterprises (SMEs). However, lean operations, research and development (R&D) spending and international quality certification positively influence green practices adoption for both SMEs and large firms. Perceived business obstacles show similar implications on green practices adoption by size of firms except access to finance, business licencing, tax rate and law and order affect SMEs while labour regulations, tax administration and political instability affect large firms.Practical implicationsThis paper suggests implications for strengthening the adoption of green economy practices across firm sizes and provides opportunities for future research.Originality/valueThis study is based on a unique dataset derived from the World Bank Enterprise Survey 2022, which has included green economy indicators for the first time.Peer reviewThe peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-11-2023-0918.

Examining the impact of environmental centralization on enterprise total factor productivity through a quasi-natural experiment conducted in China

This paper explores the effects and influence mechanisms of environmental centralization on enterprise technological progress and productivity in China. Taking the reform of vertical environmental governance (VEG) as a quasi-natural experiment, this paper compares the differences in total factor productivity (TFP) of enterprises in environmental centralization regions and environmental decentralization regions by adopting the staggered difference-in-differences (DID) method. The empirical results show that: (1) The average TFP of enterprises in the environmental centralization areas is 0.0598 higher than that in the environmental decentralization areas, and this average effect increases with the extension of the reform duration. (2) Environmental centralization strengthens government intervention in environmental issues. The improvement in the intensity of environmental regulation and the willingness of firm green innovation are the intermediate causes of the improvement in enterprise TFP. (3) VEG’s effect is heterogeneous regarding regional development, industry type, and enterprise characteristics. This study has empirical implications for further refining the fiscal system to leverage the role of public finance on environmental governance and enterprise development.

Socio-economic characteristics of small enterprises in the aspect of risky circumstances

The article considers the characteristics of small business entities in the context of risky circumstances. The socio-economic characteristics of small enterprises are analyzed taking into account the new crisis phenomena and their influence on the construction of management strategies. In the process of research the interrelation between these characteristics and risk factors is established, the necessity of actualization of existing approaches and methods of management of small enterprises is proved. Methods of search, analysis and generalization of information were used. The sociological interpretation of the concept of “risk” in historical retrospect and taking into account modern approaches is given, as well as the main provisions of risk concepts are given. Among the key ones are socio-economic characteristics of small enterprises interrelated with risky circumstances. Limited capital investments, small number of employees, the need to fulfill social obligations, relatively low level of income, simpler organizational structure, uniqueness of goods and services produced, localization of markets, significant social burden are highlighted. It is concluded that modern transformations in various spheres of society increase the probability of crisis processes. At the same time, the level of risk is interrelated with the socio-economic characteristics of small enterprises, which are more exposed to risk consequences. Small business shows significant adaptive capabilities and readiness to quickly change management tactics in terms of predicting and regulating risks.

Risk Transmission in Low-Carbon Supply Chains Considering Corporate Risk Aversion

In order to study the impact of risk aversion characteristics of enterprises on supply chain risk transmission, the risk aversion utility function is introduced, and the risk elasticity coefficient is used to construct a supplier-dominated low-carbon supply chain risk transmission model. Simulation analysis is conducted to investigate the transmission of emission reduction and revenue risks caused by internal and external contingent risk factors. The study reveals that under conditions of market demand uncertainty, the risk transmission effect is unaffected by the risk aversion characteristics of members in the low-carbon supply chain. While the risk-aversion characteristics of suppliers can decrease their own profit risk, they have a negative effect on the profit risk of manufacturers and the emission reduction risk of supply chain nodes. There exists a critical threshold for the impact of the risk-aversion degree of suppliers on their own emission reduction risk transmission effect. When this threshold is exceeded, the emission reduction risk decreases with increasing risk aversion intensity of suppliers, and vice versa. The risk aversion characteristics of manufacturers can weaken the negative effect of supplier risk aversion on the fluctuation risk of manufacturer profits, but they exacerbate the emission reduction risk transmission effect of manufacturers under asymmetric information influence. The findings have important theoretical and practical implications for supply chain risk management.

The relationship between enterprise characteristics and the board of directors of state-owned enterprises in Vietnam

The relationship between enterprise characteristics and the board of directors of state-owned enterprises in Vietnam

“Mapping Out” Sustainable Social Farming Paths in Italian Municipalities

Social farming in Italy has not developed homogeneously. In view of this, this article adopts a multivariate analysis approach to analyse the heterogeneity and the similarities in the development paths of social farming in Italian municipalities. The article takes into account the information from a representative sample of 410 interviews. The results suggest that the offer of social farming activities is highly correlated with the distinct nature of the enterprises and with the interest of local actors, who in many cases finance these activities. Regarding the characteristics of social farms, the results of principal component analysis show that the consolidated experience of offering social services and the continuation of activities are the most important organisational elements. Concerning the territorial distribution, the findings of a hierarchical cluster analysis show that Italian municipalities have distinct experiences according to the level of maturity of the social farms in each cluster, with differences in location, the agricultural system, the organisational culture and the social services provided. Assessing enterprise characteristics and recent development paths for social services in Italy can have far-reaching implications for policy. The latter should provide information and training to farmers and users to increase understanding of the social value of social farming and foster a collaborative and sustainable approach to social farming practice.

Environmental regulation and labor demand: Evidence from China's air pollution prevention and Control Action Plan

In response to environmental regulatory pressure from the government, enterprises – as the main employers of labor – adjust their production-related choices and may alter their demand for labor. Numerous researches have probed into how environmental regulations affect the labor demand, which has emerged as a significant concern in the discourse around the adoption of environmental regulation policies. Nonetheless, many researches predominantly concentrates on the evaluation on the effects of environmental regulations on economic and environmental levels. Moreover, rare attention has been paid to how environmental regulations affect social activities, especially in terms of labor demands. As a result, the Air Pollution Prevention and Control Action Plan (APPCAP) is adopted as a “quasi-natural experiment” and a difference-in-differences model is employed to analyze the effects of the APPCAP on labor demands of companies. Hence, the 2008–2020 panel data are considered for the 3,949 Chinese A-share listed enterprises. Furthermore, this paper probes deeply into the underlying mechanisms based on mediation models. The following findings are thus concluded: (1) The labor demands of enterprises can be remarkably increased by APPCAP; and the result is still persuasive even though the endogeneity issues are taken into account. (2) APPCAP improves enterprise labor demand through the output and factor substitution effects. (3) As evidently revealed by heterogeneity analysis, the APPCAP could significant positive affect the labor demand size in state-owned companies, large-scale companies, new companies, and companies in polluting industries. (4) The APPCAP strikingly boosts the demand for labor force with high skills. Nevertheless, it exerts little influence on the demand for labor force with low skills and company salary levels. Therefore, the government must continue to steadfastly implement environmental regulatory policies but adopt different policies based on enterprise characteristics. Overall, this study provides micro-level experimental evidence for more in-depth understanding of how environmental policies affect labor market, which is particularly important for actively resolving social employment problems and exploring new growth points in enterprise employment.

Low-carbon city pilot policy and enterprise low-carbon innovation–A quasi-natural experiment from China

This study investigates whether the implementation of this policy fosters low-carbon innovation amongst enterprises and identifies the mechanisms underpinning its effects. Utilising low-carbon patent authorisation data from A-share listed companies in the Shanghai and Shenzhen stock markets between 2008 and 2019, this study employs a difference-in-differences model to conduct a multi-dimensional empirical examination of these questions. The findings indicate that the low-carbon city pilot policy can stimulate low-carbon innovation at the enterprise level to a certain extent, and this conclusion remains robust after a series of rigorous tests. The impact of low-carbon innovation is more pronounced in the authorisation of invention patents, with the pilot policy exerting a more significant influence on state-owned enterprises and enterprises with strong political affiliations. Further analysis reveals that government subsidies constitute the primary mechanism through which the pilot policy takes effect, effectively promoting low-carbon innovation in enterprises. This paper offers theoretical and empirical support for evaluating the low-carbon city pilot policy at the enterprise level and advances policy implications in three areas: further policy development, enterprise characteristics, and the application of various policy instruments.

How does green credit guidelines affect environmentally friendly enterprises' ESG? A quasi-natural experiment from China.

Following decades of extensive economic development, promoting the transition to greening and decarbonization in economic development have become inevitable choices for controlling environmental pollution and achieving high-quality development in China. Green Credit Guidelines (NIGCG) is a major policy innovation to promote green credit and further improve sustainable economic development. The influence of these guidelines on environmentally friendly enterprises' sustainable development capacity, proxied by environmental, social, and corporate governance (ESG), has not yet been discussed. Therefore, this study takes the NIGCG issued in 2012 as a quasi-natural experiment, and adopts a propensity score matching-difference-in-differences (PSM-DID) model to test whether the NIGCG has affected ESG in environmentally friendly enterprises from 2009 to 2022. Our results indicate that the NIGCG significantly boosts environmentally friendly enterprises' ESG, and this finding remains robust to a series of tests. In addition, a mediating effect analysis reveals that the NIGCG affects enterprises' ESG through research and development (R&D) investment, verifying the Porter hypothesis in China. Finally, we determine that the role of NIGCG in promoting ESG is significantly reflected in the non-politically connected enterprises and enterprises in the eastern region. The empirical results suggest that the authorities should stimulate enterprises' R&D investments through supporting policies, such as tax reimbursement and government subsidies, and formulate differentiated policies according to the characteristics of enterprises and their regions, so as to improve the effect of NIGCG.

Influencing Factors of Financing Constraints of Micro and Small Enterprises (MSEs) in China: A Risk Information Conveyance Perspective

Given the phenomenon of “financing is difficult and expensive” for MSEs, this paper empirically investigated the influencing mechanism of the credit demand side characteristics on the financing constraints of MSEs based on the information conveyance perspective. The conclusions show that MSEs in China are severely suffering from financing constraints and 57.17% and 50.00% of MSEs with credit demand have not applied for loans from formal and informal financing channels, respectively. In terms of enterprise characteristics, MSEs have low asset size, short establishment history, weak profitability, and lack of tools such as fixed assets, complete financial management system, professional technicians, and private brands to convey risk information to financing institutions, which are key factors resulting in their financing constraints. In terms of owner characteristics, young owners lack financing experience and convey higher risk information to financing institutions; therefore, owners’ age negatively influences the financing constraints of MSEs. These findings suggest that banks can use big data credit technology as a tool to obtain risk information about MSEs, and the government should implement diversified interventions to improve the information environment in financial markets. These findings provide empirical evidence for banks and governments to address the financing constraints of MSEs.

The inverted-U model of employee happiness: examining overdose happiness in context of personal characteristics, job-relationship dependency, benign stress, and various theories.

In recent years, the management literature has begun to deal with individual and organizational results after happiness rather than the pursuit of happiness in business life and finally reaching happiness. After the fact that everything in an overdose is harmful, it has become the subject of even more research with paradoxical results that happiness that evokes positive emotions is not as innocent as it seems. In this study, which aims to reveal the harmful effects of overdose of employee happiness, the reasons for the manager's fear - or anxiety - about the happiness of his employees are interpreted. The Inverted-U Model of Employee Happiness (IUMEH) has been developed and individual work outputs have been evaluated in three areas that (1) support happiness, (2) reflect balanced happiness, and (3) turn negative with an overdose of happiness intoxication. It has been suggested that IUMEH, which is thought to contribute to the literature as it is the first descriptive model to emerge, should be supported by applied studies, and it has been reminded that the curvilinear aspect of the model may include differences in terms of culture, type and characteristics of job, private, public or non-profit enterprises, generations of managers and the level of managers (front-line, middle level and senior level etc.).

Exploring the microfoundations of hybridity: A judgment-based approach

We explore the concept of organizational hybridity from the perspective of the Judgment-Based Approach to entrepreneurship (JBA). The JBA provides much-needed microfoundations for hybridity in the form of a more nuanced, action-based view of the market mechanism in shaping enterprises. Rather than a problem of conflicting logics at the organizational level, hybridity is redefined as entrepreneurial judgment at the individual level about combinations of monetary and psychic profit. Viewed this way, hybridity is a universal characteristic of real-world enterprises rather than a defining feature of a specific subset of them. This approach thus ultimately reshapes our understanding of hybridity and suggests an alternative view that is less conflictual and insular, and more conciliatory and integrated. It also sheds light on various problems facing such enterprises, including strategy formation, practical wisdom, normative pressures, mission drift, entrepreneurial groups, and public policy. Executive summaryHybrid enterprises are said to combine different logics or orientations within an organization. These logics are typically described as either economic or social, and are usually conceived as existing in inherent tension with each other; hence, hybrid enterprises are neither conventional monetary profit-seeking businesses nor purely social or charitable organizations, but some awkward, possibly paradoxical combination of both. The best-known and most frequently studied types of hybrids are social enterprises, which straddle the line between monetary profit-seeking and the pursuit of broader social goals or social value.The literature on hybrids is growing rapidly, but to date there has been little agreement over its fundamental concepts and frameworks, and key questions remain about the origins, meaning, and development of hybrids. There is particular debate about whether the different “logics” of hybrids are necessarily in tension or conflict, or whether they exist harmoniously, as complements. Are hybrids just another form of profit-seeking market organization? As organizations, are they puzzles to solve, or perhaps paradoxes to confront? Answering these questions is crucial for understanding of what hybrids are, how they work, and what their broader implications are for economy and society.We address to these debates by developing a new conceptual basis for studying hybrid enterprises. We argue that current controversies are usually the result of studying hybridity only at the organizational level. In response, we explore the microfoundations of hybridity, showing that what is called hybrid organizing simply reflects entrepreneurs' choices about how to pursue monetary profits and psychic profits. Drawing on the Judgment-Based Approach to entrepreneurship (JBA), we show how entrepreneurial decision-making constantly negotiates the boundaries of monetary calculation and profit-seeking and alternative, non-monetary goals such as providing social benefits. Understanding the interplay between the monetary and psychic profit leads to a more realistic and nuanced account of the causal foundations of hybridity, while also dispelling some confusions that have arisen in the literature. Ultimately, what is called hybridity at the organizational level is simply the result of entrepreneurial action at the individual level about combinations of profit.This approach leads to several notable results. First, it emphasizes that all enterprises are to some extent social and contain elements of what is called hybridity. Second, as a result, microfoundations challenge the importance of hybridity as such as a key construct. What is called hybridity is not a defining characteristic of certain organizations, but exists in all enterprises, and is a persistent aspect of entrepreneurial decisions regarding how to organize and restructure firms. Third, a micro-level approach dissolves the perceived tension between different logics in the enterprise, promoting a view that is less conflictual and insular, and more conciliatory and integrated. Fourth, microfoundations can help connect meso- and macro- level research as a way of encouraging a more comprehensive research program that includes all sizes and shapes of enterprise. Fifth, they also shed light on various problems facing enterprises of all types, including strategy formation, practical wisdom, normative pressures, mission drift, entrepreneurial groups, and public policy.

Трансформация информационной структуры как инструмент повышения эффективности многономенклатурного производства

Characteristics of high-variety production enterprise are viewed, in particular: technological training, operational management and improvement of production efficiency. The issues of increasing the competitiveness of a high-variety production enterprise, determining the requirements for the processes of management and preparation of production with a focus on ensuring efficient loading of technological equipment, planning the operation of production sites while maintaining high flexibility, are highlighted. The key problems identified. The following ones can be noted: the lack of statistical information for calculations and planning in relation to the conditions of a particular production; insufficient level of interaction of services and production units; a static approach to managing a dynamic production system; lack of effective feedback channels that allow tracking the current production situation for appropriate analysis and giving necessary corrections. It is shown that the use of digital technologies and software has significant potential for solving problems in the considered production conditions. The existing means of digitalization make significant improvements possible in the level of interaction between departments and the interconnection of individual stages of preparation and operation of production, the availability of necessary information and quick delivery of it. The prospects for the development of the enterprise information environment for improving the efficiency of technological preparation of production and its operational management are identified. The necessity of having feedback channels that allow monitoring the current production situation for appropriate analysis and development of necessary corrections in the conditions of the stochastic nature of production processes and enterprise agility is determined. The practicability of integrating digital production systems based on adaptive management systems having technological intelligence into the information environment of an enterprise is reasoned out. Thus, the intellectualization of production requires the modernization of the principles of building information support for the production process.

Research on Complex Network Models and Characteristics of Building Material Enterprises Based on Competitive Relationships

Based on complex network theory, this paper establishes a Boolean competitive relationship network model and a weighted competitive relationship network model for building material enterprises based on big data and performs empirical analyses with construction prefabricated component (PC) enterprises in the Beijing–Tianjin–Hebei region as research samples. Results show the competitive relationship network of PC enterprises in the Beijing–Tianjin–Hebei region is characterised by the development of a small-world network, and its cumulative degree and out-degree (in-degree) intensity distributions are single-scale networks with fast-decaying tails. The network has strong network clustering and assortativity, and it can truly reflect the competitive status and dynamics of the enterprises.

Does voluntary environmental regulation stimulate corporate green innovation efficiency? An empirical study from China’s A-share listed companies

Voluntary environmental regulation has attracted much attention due to the autonomy associated with its implementation. Taking the low-carbon pilot cities (LCPC) program in China as an example, this article evaluates the role of voluntary environmental regulation on the efficiency of corporate green innovation (GIE) based on the listed Chinese A-share companies for the period 2008–2016. In particular, we employ heterogeneity analysis to assess the characteristics of enterprises and local officials (including official source, tenure, age, and education). The results demonstrate that the LCPC program has restrained the development of GIE by increasing enterprise costs, inducing financing difficulties, and enhancing corporate social responsibility. Enterprises led by CEOs with a high education level and located in cities run by external promotion and younger, and long-term officials are linked with weaker inhibitive policy impacts.

MODELING THE PROCESSES OF INTERACTION BETWEEN TEAM MEMBERS DURING THE IMPLEMENTATION OF COMPLEX SOFTWARE PRODUCTS

In the context of intensive development of information technology and increasing complexity of software products, the importance of effective interaction between members of work teams when implementing complex software solutions, such as enterprise automation systems based on the 1C platform, is increasing. This article is devoted to the study and modeling of interaction processes between members of project teams aimed at increasing the effectiveness of their joint activities during the implementation of projects for the implementation of corporate information systems. As part of the study, existing approaches and methods for organizing teamwork, as well as software systems that provide monitoring and management of collaboration of specialists, were analyzed. Particular attention is paid to considering the specifics of interaction when implementing 1C systems, characterized by a high degree of adaptability and variability depending on the characteristics of a particular enterprise. Research materials and methods include studying scientific literature on the issues of managing project teams, analyzing statistical data on the results of implementing corporate information systems in various sectors of the economy, as well as conducting interviews with managers and participants in 1C implementation projects at medium and large businesses. As part of this study, methods for modeling the work of a project team were studied. In the process of work, the analysis of her activities (business and interpersonal) was taken into account. In the course of the work, the conflict phase of team development was identified, and a model of effective motivation was created. For this purpose, game theory tools were used. As a result of the study, key factors were identified that influence the effectiveness of interaction between project team members, among which are a clear distribution of roles and responsibilities, well-established communications, and the use of modern collaboration and task management tools. Based on the data obtained, the authors proposed a conceptual model for organizing effective interaction between participants in 1C implementation projects, taking into account the specifics of this subject area and aimed at minimizing risks and improving the quality of the results of project activities.

RESEARCH ON THE INTERNAL MOTIVATION OF GREEN INNOVATION IN ENTERPRISES

This paper mainly establishes the internal driving model of enterprises' green innovation behavior, deeply studies the internal factors that affect enterprises' green innovation, and analyzes its influencing mechanisms. Based on the theories of planned behavior, reputation theory, and political promotion championship theory, this paper deeply explores the internal driving factors and influencing relationships of corporate green innovation behavior from the perspective of micro-research within enterprises and further examines the characteristics of enterprises such as enterprise size, enterprise nature, and industry attributes. This paper explores whether there is a moderating effect on the internal driving force of green innovation behavior.
 The results show that: (1) the motivation of enterprises to avoid environmental penalties, the motivation to obtain environmental protection honors, and the motivation for political promotion of senior executives of state-owned enterprises all have a promoting effect on the green innovation behavior of enterprises; (2) In state-owned enterprises, the motivation for avoiding environmental penalties, the motivation for obtaining environmental protection honors, and the motivation for executive promotion have a better positive impact on green innovation than that of non-state-owned enterprises. The conclusions of this study broaden the research perspective of the related fields of green innovation behavior, enrich the theoretical research scope of the influencing factors of corporate green innovation behavior, and enrich the relevant research on the influence of enterprise characteristics on corporate behavior. It will help to improve the scientific formulation of supervision and incentive mechanisms by government managers, provide methods for enterprises to improve the efficiency of environmental governance, and also help the public to recognize and understand the internal influencing factors of corporate green innovation, providing a new perspective for social supervision.

ASSESSMENT OF FUMMAN AGRICULTURAL PRODUCTS INDUSTRIES’ CONTRACT FARMING SCHEME AMONG PINEAPPLE FRUIT FARMERS IN OYO STATE, NIGERIA

This study assessed FUMMAN Agricultural Products Industries Plc. contract farming scheme among pineapple fruit farmers in Oyo State, Nigeria. Data on enterprise characteristics, benefits derived, constraints encountered and field personnel characteristics were gathered from 105 pineapple fruit farmers. Respondents were sampled using a multistage sampling procedure and interview schedule were used to elicit information which were analyzed using frequencies, percentages, mean, standard deviation and Pearson Product Moment Correlation (PPMC) at α0.05. Findings showed that the majority (76.2%) of the pineapple fruit farmers cultivated less than 1 hectares farm size. They derived benefits from access to stable market (x ̅=1.94) and reduction of wastage level (x ̅=1.84), while defaulting in contractual agreements (x ̅=1.45) and delay in payment (x ̅=1.38) were major constraints encountered. Integrity (x ̅=3.29), honesty (x ̅=3.29) and trustworthiness (x ̅=3.27) were the major characteristics of field personnel identified. There were significant relationships among farmers’ benefit derived (r=0.787), constraints encountered (r=-0.193) and field personnel characteristics’ assessment. It is recommended that FUMMAN should endeavour to keep to contractual agreements while ensuring extension of the contracts through highly rated field personnel

Development of the Business Plan for the Mini Oil Refinery: Theoretical, Methodological and Practical Aspects

Objective: The article presents the project for a mini oil refinery in one of the territories of the Russian Federation (hereinafter referred to as “identified territory”) where oil refining capacities are not yet in place. Methods: The research involved analysis of the topic related scientific and methodological literature, comparison, systematization, generalization and research of up to date materials. Results: General scientific and special methods supported the results of the study: the personnel list of a mini oil refinery was compiled and reflected in the staff roster; initial costs for construction of the mini oil refining business were calculated, as well as expenses for further maintenance and financial indicators for the enterprise best performance were developed. Conclusion: General characteristics of the refinery enterprise are reflected in the article including its capacity, location, name of the enterprise, sources of raw materials and location environment. Advantages and disadvantages of the mini oil refinery in the region are considered. The need for the mini oil refinery in the territory and favorable environment to its creation are both substantiated. Investments and financial calculations of the project are determined.

Corporate Support as a Strategic Factor for Increasing the Economic Efficiency of Enterprises

"This study explores the impact of corporate support mechanisms—financial assistance, technology transfer, and consultancy services—on the economic efficiency of enterprises, integrating stakeholder analysis, prioritization, and theory into its analysis. Utilizing logistic regression on data from 250 diverse enterprises, the study reveals significant enhancements in economic efficiency through corporate support. Financial assistance increased the likelihood of high economic efficiency by 2.0 times, with technology transfer being even more influential, making enterprises 3.5 times more likely to achieve high efficiency. Consultancy services also played a significant role, improving efficiency likelihood by 1.8 times. The analysis provided a confidence interval of 1.2 to 2.7 for consultancy services, with a p-value of 0.005, highlighting its relevance. Additionally, the study delved into the role of enterprise characteristics and the competitive environment, revealing nuanced insights into their interaction with corporate support effectiveness. While enterprise size and sector did not exhibit a direct significant impact on economic efficiency, the competitive market dynamics were found to slightly decrease the likelihood of achieving high efficiency, with a negative coefficient indicating a complex relationship. The research further examines the complex interplay between corporate support and factors such as enterprise characteristics, market competition, and importantly, stakeholder interests. It suggests that aligning corporate support strategies with the nuanced expectations and priorities of stakeholders—not just focusing on direct economic gains—can significantly bolster an enterprise’s growth and operational efficiency. By advocating for tailored support strategies that consider the diverse needs and conditions of enterprises along with a comprehensive stakeholder approach, the findings highlight the essential role of corporate support in enhancing economic performance and competitive advantage, emphasizing the critical need for policies and practices that are responsive to both enterprise needs and stakeholder considerations."