Effect Social Entrepreneurship Orientation on Financial Performance Mediated by Social Performance Industrial Estates’ Companies

The study aimed to investigate the effect of social entrepreneurship orientation on financial performance mediated by social performance (case study: industrial estates’ companies in Ardabil province). This was a descriptive survey study. The study population consisted of industrial estate companies located in Ardabil Province. To determine the sample size, a total of 250 companies were selected from industrial estates, and according to Morgan's table; the required sample size was 148. Non-probability sampling was used to select the samples. In this study, partial least squares structural equation modeling (PLS-SEM) was employed to examine the relationships between the variables in the research model. Social entrepreneurship orientation has a significant effect on social performance, and the results of the statistical analysis performed between both variables showed that the path coefficient between the two variables was greater than 1.96; therefore, this hypothesis was confirmed. Social performance has a significant effect on financial performance, and the results of the statistical analysis performed between both variables indicated that the path coefficient between the two variables was higher than 1.96, thus this hypothesis was confirmed. The main hypothesis: social entrepreneurship orientation has a significant effect on financial performance mediated by social performance, which showed a good level of correlation, and accordingly this hypothesis was confirmed.