This study explores the dynamics of financial capital and sustainable performance of informal social microenterprises (ISMs), and examines the influence of financial capital factors on the ISMs sustainable performance within the context of an emerging nation like Bangladesh. A mixed method research design was used. In the field study, data were obtained from eight ISMs owners, three NGOs, and three Local governments via one-to-one personal interview. Inductive and deductive process was applied to extract, classify, and cross examine data. In the quantitative approach, a questionnaire was developed and data were collected from 438 ISMs owners. The data were analyzed using the partial least square structural equation modelling (PLS-SEM). Results from this field study and surveys resonate well with the existing literature and establish hierarchical model and the hypothesis. The model is unique in the sense that it has been developed based on data obtained from previous literature and quantitative field study analysis ensuring that the factors and constructs are specific to explain ISMs sustainable performance. The successful exclusion of traditional performance constructs and introduction of social, and economic performance constructs reflect the unique contribution.
- Financial capital,
- sustainable performance,
- informal social microenterprises,
- and developing country
Available at: http://works.bepress.com/eijaz_khan/18/