Governance, Sustainability and the New Zealand Small to Medium Enterprise Sector
The interface between governance and sustainability is the subject of increasing scrutiny. Much of the analysis focuses on state-based frameworks and market prototypes, with a focus on models for large enterprises. In New Zealand, 97% of enterprises are small to medium enterprises (SMEs), defined as firms with 19 or fewer employees, contributing 40% of the economy’s total output. The SME focus is primarily centred on profitability. To date, there has been sporadic attention given to the interaction of economic, social and environmental impacts of this sector, and to the governance frameworks that support sustainability models and practices. An effective governance and sustainability framework for SMEs has significant implications for the country. This research identifies the links between governance and sustainability, and the practices currently operating in New Zealand SMEs. The paper presents a prescriptive model for practicing governance which seeks to achieve a workable sustainability model for SMEs.
||Governance, Sustainability, New Zealand, SME, Small to Medium Enterprise
The International Journal of Environmental, Cultural, Economic and Social Sustainability, Volume 7, Issue 3, pp.337-350.
Article: Print (Spiral Bound).
Article: Electronic (PDF File; 806.446KB).
Senior Lecturer, School of Computing and Information Technology, Manukau Institute of Technology, Auckland, Auckland, New Zealand
Daud Ahmed is the Research Leader of the Faculty of Business, Manukau Institute of Technology, Auckland, New Zealand. He has a varied academic (B.Sc. Engineering, MBA on Development Management, M.Com. and PhD in Management Science and Information Systems) background. He has 25 years working experience on engineering and management consulting, system design and implementation, and development projects (The World Bank, Asian Development Bank, EU and OPEC), and teaching. Dr. Ahmed’s research spans sustainability modelling and reporting, business transformation, business process management, decision support systems, logistics management, and design science.
Head of School, School of Accounting and Management, Manukau Institute of Technology, Auckland, Auckland, New Zealand
John Horsley is a Principal Lecturer in the Faculty of Business, Manukau Institute of Technology, Auckland, New Zealand. He has an LLB, M.Com. Law (Hons) and teaches and researches in the areas of governance, ethics, business environment and corporate law. He has research publications on governance, sustainability, corporate and commercial law.
John is a governance commentator with a focus on current trends and developments in governance, risk and sustainability and writes for professional and business publications. He consults with the corporate, SME and not-for-profit sectors on governance and risk issues.
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