Sustainable market orientation: a competitive strategic tool in an emerging economy context

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14 Citations (Scopus)

Abstract

The purpose of this research is to test the effect of sustainable market orientation (SMO) as a strategic tool on banks’ sustainable balanced firm performance (SBFP) in an emerging economy. The research data was collected via the survey approach through self-administered questionnaires to 445 bank employees. Exploratory Factor Analysis was employed to establish the dimensionality of the research constructs, whereas multiple linear regressions were utilised to test the research hypotheses. Results suggest that SMO is positively and significantly related to sustainable balanced performance of banks. The study confirms the SMO concept promulgated in prior studies. Employees’ opinions on bank Managers incorporating sustainability management variables into market orientation as a strategy are encouraged by scholars to engender SBFP. Strategic approaches of this kind leads to balance performance of organisations and the larger society which is central to all stakeholders. This study may be the initial quantitative investigation into SMO and SBFP in the strategic marketing literature.

Original languageEnglish
Pages (from-to)635-654
Number of pages20
JournalJournal of Strategic Marketing
Volume24
Issue number7
DOIs
Publication statusPublished - 9 Nov 2016
Externally publishedYes

Keywords

  • emerging markets
  • market orientation
  • marketing strategy
  • sustainable balanced firm performance
  • sustainable marketing orientation

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