Do We Need Human Capital Heterogeneity for Energy Efficiency and Innovativeness? Insights from European Catching-Up Territories

Prokop, Viktor; Gerstlberger, Wolfgang; Zapletal, D.; Gyamfi, Solomon

doi:10.2139/ssrn.4225323

Cited by 5 publications

(21 citation statements)

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“…Finally, public policy makers should encourage firms to follow all three TBL dimensions, even though the ecological dimension did not bring expected positive results in our case. That is why it is necessary to encourage the green behavior and perception of firms more in times of crisis, especially within analyzed territory, which faces a lower perception of the need for such steps on the part of firms and society (Prokop et al, 2023). Public policy makers could help make these processes more efficient, for example, by simplifying administrative processes and providing clearer information about technology, regulations, and opportunities for financing.…”

Section: Discussionmentioning

confidence: 99%

“…Moreover, these countries were perceived as countries with a lower interest of analysts to investigate this territory, in comparison with, for example, Western advanced economies. This resulted in a lack of necessary data for public policy makers as well as for practitioners (Prokop et al, 2023). Therefore, the choice of country was due to the introduction of numerous green initiatives by Polish companies as a catching‐up country response to EU requirements in recent years.…”

Section: Introductionmentioning

confidence: 99%

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Has the Covid‐19 pandemic jeopardized firms' environmental behavior? Bridging green initiatives and firm value through the triple bottom line approach

Karman

Prokop

Giglio

et al. 2023

Corp Soc Responsibility Env

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The Covid‐19 pandemic has caused a significant decline in stock markets worldwide, and organizations are experiencing serious financial problems. Protecting and preserving firm value are critical ways to help organizations survive the crisis. This study analyzes a sample of 45 firms listed on the Polish Stock Market in two periods to determine the relationship among green initiatives, the triple bottom line (TBL) perspective, and firm value in the periods before and during the crisis caused by the Covid‐19 pandemic. The results show that firms with higher green initiatives are more likely to obtain better TBL performance during the normal period. Economic and social dimensions of TBL positively influence firm value regardless of the period, but the same is not true of the ecological dimension. The Covid‐19 pandemic's negative impact on investors' perception does not translate to firm value. This study provides the first empirical evidence on the value of organizations affected by the Covid‐19 pandemic in the context of environmental management. By considering the TBL approach, this study provides a new boundary condition that explains the impact mechanism of green initiatives during a crisis.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Has the Covid‐19 pandemic jeopardized firms' environmental behavior? Bridging green initiatives and firm value through the triple bottom line approach

Karman

Prokop

Giglio

et al. 2023

Corp Soc Responsibility Env

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“…On the one hand, human capital can make a direct impact on the synergetic control of CO2 and air pollutants emissions by improving energy efficiency. For instance, Prokop et al [17] found that there is an impact relationship between specific human capital and energy efficiency based on firm-level data. Blackman and Kildegaard [18] pointed out that Mexican firms with higher levels of human capital are more inclined to use cleaner technologies, and in such a case, the increase in the level of human capital can drive the increase in green energy consumption [19].…”

Section: Literature Review and Theoretical Frameworkmentioning

confidence: 99%

Harnessing Knowledge: The Impact of Human Capital on Synergetic Control of CO<sub>2</sub> and Air Pollutant Emissions

Tian,

Xu,

Han

et al. 2024

Pol. J. Environ. Stud.

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With the in-depth promotion of low-carbon economic transformation and air pollution control, the role of synergetic control of CO2 and air pollutant emissions has begun to stand out. Based on panel data for 30 provinces in China from 2012 to 2020, we measured the coupling and coordination degree of CO2 and air pollutant emissions control (CCD) and revealed the direct effect of human capital on CCD, the heterogeneous effect, and the threshold effect of R&D intensity. The results of the study showed that, firstly, CCD at the provincial level in China showed a stepped-up trend and regional heterogeneity. Second, human capital had a significant positive effect on CCD, and this effect was stronger in the "Four Provinces of Shan-He" and Inland provinces. Third, R&D intensity played a significant threshold role in the impact of human capital on CCD, but there was a "medium-term trap". Therefore, based on the development of differentiated synergistic strategies for pollution and carbon reduction, financial investment in human capital and R&D activities should be increased.

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“…In other SMEs in CEE countries, the subject of gender diversity is more of a challenge for the future (Striteska et al, 2024). Environmental managers are important stakeholders, thus Prokop, et al, (2023), andStraub et al (2023), recommend not only hiring them but also promoting gender diversity and increasing the skills of existing employees.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

“…Most of the studies in the literature have focused on identifying and measuring the impact of energy consumption, CO2 emissions, energy conservation, and the use of renewable energies (Wang and Ye, 2017;Ding et al, 2017;Antonakis et. al, 2017;Prokop et al 2023) but relatively few studies aim to analyse individuals' energy behaviour by analysing gender differences in household energy conservation practices. Although, in general, women are known to be more caring, and protective and have a more environmentally friendly attitude compared to men, the latter have more technical knowledge about the environment and energy and a greater inclination to risk-taking in investment decisions.…”

Section: Introductionmentioning

confidence: 99%

How Much Does Gender Affect the Behaviour of Using Renewable Energy Resources?

Bogdan,

Ban,

Florea

et al. 2024

icgr

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The transition to renewable energy resources is a challenge for Romania, as well as for the whole world. The goal of the European Commission is to accelerate the use of renewable resources to reduce net greenhouse gas emissions by at least 55% by 2030. Romania had in 2022, 40,171 prosumers with the forecast that they will reach 100,000 in 2023. The previous research carried out showed a positive attitude of the household population in Romania towards these energy resources, but also important barriers that considerably slow down the process, Romania being behind the target set by the European Commission. Through this research, we seek to identify how gender differences are reflected in the approach to renewable energy resources to facilitate this transition. The present research covers a gap in the specialized literature by investigating, differentiated by gender, the perception of Romanian residents regarding renewable energy resources. The case study was carried out in 2023 on residents of two cities out of the 266 in Romania, Oradea and Timișoara. The reasons for choosing the two cities are related to their similar economic development, positioning in the same part of the country, and, in particular, their performance in increasing the number of green energy prosumers. A questionnaire survey was carried out with a result of 1098 valid questionnaires with a gender structure that allows a differentiated analysis (42.53 men, 53.18 women, 4.28 unspecified). The internal consistency of the answers was carried out with αCronbach. The data processing methods used are Importance-Performance Analysis, RStudio202207.1+554, and qualitative processing with Atlas.ti22. A hypothesis we tested is whether women are more sensitive to environmental issues and the type of energy produced and consumed or the cost factor is the one that dictates. The results suggest gender-differentiated solutions for raising public awareness and encouraging action. Limits of the paper are found only in the two Romanian cities, the geographical extension of the sample being a possible future research direction.

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Do We Need Human Capital Heterogeneity for Energy Efficiency and Innovativeness? Insights from European Catching-Up Territories

Cited by 5 publications

References 0 publications

Has the Covid‐19 pandemic jeopardized firms' environmental behavior? Bridging green initiatives and firm value through the triple bottom line approach

Has the Covid‐19 pandemic jeopardized firms' environmental behavior? Bridging green initiatives and firm value through the triple bottom line approach

Harnessing Knowledge: The Impact of Human Capital on Synergetic Control of CO<sub>2</sub> and Air Pollutant Emissions

How Much Does Gender Affect the Behaviour of Using Renewable Energy Resources?

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