Entrepreneurial orientation and sustainable business: Examining the mediating role of market orientation and financial performance in village-owned enterprises

https://doi.org/10.55214/2576-8484.v9i7.9057

Authors

  • Gde Agung Satria Faculty of Economics and Business, Udayana University, Indonesia.
  • Ni Luh Putu Wiagustini Faculty of Economics and Business, Udayana University, Indonesia.
  • Henny Rahyuda Faculty of Economics and Business, Udayana University, Indonesia.
  • Ica Rika C andraningrat Faculty of Economics and Business, Udayana University, Indonesia.

Village-Owned Enterprises (VOEs) play a crucial role in enhancing the well-being of rural communities. Achieving sustainable performance requires the implementation of a business sustainability framework encompassing environmental, economic, and social dimensions. VOEs with a strong entrepreneurial orientation, market orientation, and sound financial performance are expected to achieve business sustainability. This study aims to examine and explain the influence of entrepreneurial orientation, market orientation, and financial performance on business sustainability, both directly and indirectly. A quantitative method is employed, with a sample of 113 VOEs selected for analysis. Data analysis is conducted using Structural Equation Modeling (SEM) based on Partial Least Squares (PLS). The findings indicate that entrepreneurial orientation, market orientation, and financial performance significantly influence business sustainability. Additionally, market orientation and financial performance act as mediating variables in the relationship between entrepreneurial orientation and business sustainability.

Section

How to Cite

Satria, G. A., Wiagustini, N. L. P., Rahyuda, H., & andraningrat, I. R. C. (2025). Entrepreneurial orientation and sustainable business: Examining the mediating role of market orientation and financial performance in village-owned enterprises. Edelweiss Applied Science and Technology, 9(7), 1947–1959. https://doi.org/10.55214/2576-8484.v9i7.9057

Downloads

Download data is not yet available.

Dimension Badge

Download

Downloads

Issue

Section

Articles

Published

2025-07-24