Decarbonization in state-owned power companies: Lessons from a comparative analysis

Benoit, Philippe; Clark, Alex; Schwarz, M.; Dibley, Arjuna

doi:10.1016/j.jclepro.2022.131796

Cited by 22 publications

(17 citation statements)

References 24 publications

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“…The endogenous drive of enterprises is the most direct influencing factor on the choice of innovation path of SOEs. First, SOEs, especially large manufacturing enterprises, have accumulated a strong technological innovation base after years of precipitation in their respective industrial chain links and have good financial capacity, which is the advantage and core virtue of technological innovation in SOEs (Benoit et al, 2022). Second, it is an important goal of SOEs to pay attention to the feelings of employees, protect their rights and interests, make their lives better (Ramdhan et al, 2022;Sun, 2012), and optimize the value chain and industrial quality to enhance their industrial status.…”

Section: Theoretical Saturation Testmentioning

confidence: 99%

Attribute imbalances and innovation implementation based on grounded theory: A case of Chinese enterprises in Gansu Province

et al. 2023

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The purpose of this study is to explore what are the determinant influencing factors of the dilemma faced by state‐owned enterprises (SOEs) in implementing innovation‐driven development strategy (IDDS), to propose a suitable localized theory. It also suggests specific actions to break the post‐effects dilemma with the support of this theory. Based on the innovation‐driven survey data of provincial SOEs in Gansu Province, this study adopts grounded theory to conduct exploratory research. This paper constructs a behavior process model of “pre‐motivation, innovation path, and post‐effects dilemma” to drive SOE's innovation and expounds on the incidence relation among the three. The results show that the external administrative force and institutional mechanism drive have both indirect and direct impacts on the innovation path choice of SOEs. The endogenous drive is distorted by external administrative force and institutional mechanism drive, leading to the limited innovation path choice and post‐effects dilemma. This paper puts forward the theory of “Attribute Imbalance–Weakened Autonomy–Sluggish Innovation” and explains why it is sometimes difficult to implement the IDDS of SOEs. However, there are some regional limitations in the application scenarios of the theory. Whether it has broader implications need to further explore. Future theoretical testing should be conducted with a sample of SOEs in developed market regions. It is possible to study the differences in the degree of government intervention in SOEs, the ways of intervention, and the impact of these differences on SOEs' balancing dual attribute conflicts.

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Section: Theoretical Saturation Testmentioning

confidence: 99%

Attribute imbalances and innovation implementation based on grounded theory: A case of Chinese enterprises in Gansu Province

et al. 2023

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“…New research suggests that for sectors like electricity generation, state ownership increases investment into renewable energy sources compared to private firms (Steffen et al 2022). State ownership can, in well-designed and -executed cases, be the superior decarbonisation instrument for different sectors (Benoit et al 2022). At the same time, this can vary across sectors and the context is crucial: earlier studies have found that, for example, US state policies to increase the sale of renewable energy were less effective for state-owned utilities than for private ones (Delmas andSkandier 2011, p. 2274).…”

Section: Conclusion: Towards Decarbonising States As Ownersmentioning

confidence: 99%

Decarbonising states as owners

Babić

Dixon

2022

New Political Economy

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Environmental state debates focus on the governance and steering functions of politics. Concurrently, many states stand out as large global owners and investors in carbon industries. Via various investment vehicles, states control around half of all global oil and gas reserves as well as other carbon assets. We know very little, however, about where these states are invested; how they conduct their carbon investment; and what possibilities and constraints carbon-owning states have to decarbonise.Yet, these aspects -the geography, investment profiles and domestic state carbon capital dependence -are key to assess the possibilities and limitations of climate action states as carbon owners have.Based on new fine-grained firm-level data, we deliver conceptual and empirical insights into all three issues. Our intervention fills an important gap in our knowledge about the environmental state, while drawing the attention of researchers and policymakers to a blind spot, but also to transformation potentials of the carbon-owning state in the following decade.

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“…Using the case of the global energy companies, the authors find that internationalization and environmental citizenship are positively associated with the willingness of top management to exercise renewable energy strategy. Benoit et al (2022) argue that ownership of a company is something that the literature on decarbonization and climate action generally does not distinguish, despite the differences between companies with various ownership forms.…”

Section: Introductionmentioning

confidence: 96%

Bulls and bears: inscribing SOEs’ roles into the global climate agenda

Garanina,

Klishevich,

Panibratov

2024

CPOIB

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Purpose This study aims to explore when and under what conditions state-owned enterprises (SOEs) become important players in orchestrating the global climate action and what their roles are as domestic or international (de)carbonizers. Design/methodology/approach This is a conceptual paper that aims to advance understanding of the role of SOEs in addressing the global climate challenge. The authors build on the institutional theory to capture the importance of home-country climate regulation mechanisms and advance knowledge on the internationalization of SOEs. The authors review the literature on the institutional boundaries that shape the environmental activities of firms at home and abroad and develop the argument on the influence of home country institutions and internationalization on the role of SOEs in the global climate agenda. Findings In this study, the authors elaborate the SOEs’ climate action matrix and offer three propositions based on the fact that SOEs’ environmental strategies are driven by the interests of the state as owner and the scope of SOEs’ internationalization. First, the authors propose that the level of home country’s climate policy ambition explains SOEs’ stance on climate action. Second, scope of internationalization explains SOEs’ stance on climate action. Third, the progressive/increasing involvement of SOEs in climate action enhances the country’s climate stance. Originality/value The authors incorporate the climate argument into international business (IB) studies of SOEs’ internationalization, a novel approach that helps us to advance the knowledge on the complex issue of corporate climate action. The authors argue for a dynamic and reciprocal relationship between home/host countries and SOEs’ climate engagement. In doing this, the authors contribute to the IB research and policy agenda by exploring SOEs’ engagement in advancing the global climate agenda.

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Decarbonization in state-owned power companies: Lessons from a comparative analysis

Cited by 22 publications

References 24 publications

Attribute imbalances and innovation implementation based on grounded theory: A case of Chinese enterprises in Gansu Province

Attribute imbalances and innovation implementation based on grounded theory: A case of Chinese enterprises in Gansu Province

Decarbonising states as owners

Bulls and bears: inscribing SOEs’ roles into the global climate agenda

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