Antecedents of Adopting Corporate Environmental Responsibility and Green Practices

Lee, Jung Wan; Kim, Young Min; Kim, Young Ei

doi:10.1007/s10551-016-3024-y

Cited by 169 publications

(128 citation statements)

References 51 publications

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“…Companies have reacted by paying more attention to the environment (Albertini, 2018) to be compliant with higher societal expectations (Lee, Kim, & Kim, 2018). Companies have reacted by paying more attention to the environment (Albertini, 2018) to be compliant with higher societal expectations (Lee, Kim, & Kim, 2018).…”

Section: The Relationship Between Environmental Engagement and Bankmentioning

confidence: 99%

“…The progressive recognition of the economic and social relevance of environmental protection has exerted pressure on firms from both a regulatory and a managerial point of view. Companies have reacted by paying more attention to the environment (Albertini, 2018) to be compliant with higher societal expectations (Lee, Kim, & Kim, 2018). The managerial approach can be reactive (Delmas & Montes-Sancho, 2010;Kassinis & Vafeas, 2006) if firms act to avoid sanctions, and it can be proactive if companies consciously integrate environmental themes into their strategies (Liu, Miletkov, Wei, & Yang, 2015;Porter & van der Linde, 1995;Yang, Wang, Zhou, & Jiang, 2018).…”

Section: The Relationship Between Environmental Engagement and Bankmentioning

confidence: 99%

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Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?

Gangi

Meles

D’Angelo

et al. 2018

Corp Soc Responsibility Env

215

168

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This paper responds to the need for a deeper empirical investigation of the impact of corporate social responsibility pillars on the financial performance of banks. To address this question, this study first analyzes the factors that encourage banks to be more environmentally friendly and then investigates the relationship between a bank's environmental engagement and its risk. Using a sample of 142 banks from 35 countries covering the period from 2011 to 2015, we document the positive impact of effective corporate governance mechanisms on banks' environmental engagement. Moreover, by using the Heckman's two-stage model for the treatment of sample selection bias, we find that banks that are more sensitive to environmental issues also exhibit less risk. Stakeholder theory and the conflict resolution hypothesis are useful frameworks to overcome the trade-off between economy and ecology in the banking industry.

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Section: The Relationship Between Environmental Engagement and Bankmentioning

confidence: 99%

Section: The Relationship Between Environmental Engagement and Bankmentioning

confidence: 99%

Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?

Gangi

Meles

D’Angelo

et al. 2018

Corp Soc Responsibility Env

215

168

View full text Add to dashboard Cite

show abstract

“…Research has found multiple antecedents of firms engaging in green innovation (Qi et al, ). Stakeholder pressures, as the main driver of green innovation, have attracted massive research attention (e.g., Graham, ; Lee, Kim, & Kim, ; Yalabik & Fairchild, ). Powerfully accounting for organizational decision making on pursuing green activities, stakeholder theory (Freeman, ) argues that pressures from stakeholders like consumers and regulators can significantly motivate firms to implement green innovation (Buysse & Verbeke, ; Sarkis, Gonzalez‐Torre, & Adenso‐Diaz, ).…”

Section: Introductionmentioning

confidence: 99%

Enhancing corporate sustainable development: Stakeholder pressures, organizational learning, and green innovation

2019

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Green innovation has become the main path toward achieving corporate sustainable development. Despite the centrality of organizational learning in firms pursuing green activities, little research has considered its role in the relationship between stakeholder pressures and green innovation. By combining stakeholder theory and organizational learning theory, this study explores whether environmental pressures from different stakeholders influence green innovation differently and how this is further mediated by organizational learning. From a sample of 259 Chinese manufacturing firms, we find that consumer pressure has a greater positive effect on green product innovation than regulation pressure, whereas regulation pressure is more positively related to green process innovation than consumer pressure. Moreover, these two relationships are partially mediated by exploration learning and exploitation learning, respectively. These findings advance the existing research on the stakeholder pressures-green innovation linkage by revealing that consumer and regulation pressures influence green product innovation and green process innovation differently and through different organizational learning approaches.

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“…Conducting green innovation to reduce the negative influences on natural environment has been deemed as an important source of competitive advantage (Dangelico, Pujari, & Pontrandolfo, ; Gerstlberger, Præst Knudsen, & Stampe, ; Huang & Li, ). Existing literature suggested that both the institutional and market pressures have forced firms to attempt to implement green innovation (Chen, Yi, Zhang, & Li, ; Lee, Kim, & Kim, ; Taoketao, Feng, Song, & Nie, ). Although much of the previous research has focused on the performance consequences of green innovation (e.g., Huang & Li, ; Tang, Walsh, Lerner, Fitza, & Li, ), how green innovation performance is influenced by green customer and supplier integration is still unclear.…”

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Linking green customer and supplier integration with green innovation performance: The role of internal integration

2018

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Although green customer and supplier integration have gained much attention, how it affects green innovation performance is still unclear. This study examines the direct and interaction effects of green customer and supplier integration on green innovation performance and the moderating effect of internal integration, using data from 176 Chinese manufacturing firms. The results reveal that green customer integration, green supplier integration, and their interaction are all positively related to green innovation performance. In addition, internal integration moderates the relationship between green customer integration and green innovation performance, but does not moderate the relationship between green supplier integration and green innovation performance. Further analysis indicate that the effects of interaction term on green innovation performance and the moderating effects of internal integration on the relationship between green supplier integration and green innovation performance are significantly different across different firm sizes, providing useful insights for firms. This study provides novel insights for making environmental policies.

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Antecedents of Adopting Corporate Environmental Responsibility and Green Practices

Cited by 169 publications

References 51 publications

Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?

Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?

Enhancing corporate sustainable development: Stakeholder pressures, organizational learning, and green innovation

Linking green customer and supplier integration with green innovation performance: The role of internal integration

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