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Article

Assessing the Economy for the Common Good Measurement Theory Ability to Integrate the SDGs into MSMEs

Business Administration Department, Faculty of Economics, University of València, 46022 València, Spain
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Sustainability 2020, 12(24), 10305; https://doi.org/10.3390/su122410305
Received: 17 November 2020 / Revised: 8 December 2020 / Accepted: 8 December 2020 / Published: 10 December 2020
(This article belongs to the Special Issue Sustainable Economy for the Common Good)
Over the past decades, sustainability and corporate sustainability have gained a lot of attention. Currently, the focus of attention has shifted to the integration of the Sustainable Development Goals (SDGs) into businesses operation. The extant literature points to the proposed frameworks as not fitting micro, small, and medium-sized enterprises (MSME) reality and, also, to a lack of empirical evidence in this field. With research at the intersection of business and SDGs still being scarce, the Economy for the Common Good (ECG) model allows operationalizing the SDGs employing its novel measurement theory. The present study is aimed at completing the statistical validation process of the ECG measurement theory using confirmatory factor analysis (CFA) on a sample of 206 European firms. Thus, after having performed an exploratory factor analysis (EFA), this study takes as a starting point the previously published knowledge and proceeds with the second step of the statistical validation process. The results of CFA confirm the conclusions of the EFA and allow to redefine the measurement scales included in the ECG framework to achieve a sufficient level of goodness of fit. View Full-Text
Keywords: corporate sustainability; sustainability management tools; economy for the common good; sustainable development goals; confirmatory factor analysis corporate sustainability; sustainability management tools; economy for the common good; sustainable development goals; confirmatory factor analysis
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MDPI and ACS Style

Ejarque, A.T.; Campos, V. Assessing the Economy for the Common Good Measurement Theory Ability to Integrate the SDGs into MSMEs. Sustainability 2020, 12, 10305. https://doi.org/10.3390/su122410305

AMA Style

Ejarque AT, Campos V. Assessing the Economy for the Common Good Measurement Theory Ability to Integrate the SDGs into MSMEs. Sustainability. 2020; 12(24):10305. https://doi.org/10.3390/su122410305

Chicago/Turabian Style

Ejarque, Ana T., and Vanessa Campos. 2020. "Assessing the Economy for the Common Good Measurement Theory Ability to Integrate the SDGs into MSMEs" Sustainability 12, no. 24: 10305. https://doi.org/10.3390/su122410305

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