Factors Affecting the Achievement of Environmental Standard Certificates (ESC) at Small and Medium Vietnamese Enterprises

Van, Nguyen Thi Anh; Hieu, Nguyen Khac

doi:10.1109/gtsd.2018.8595525

Cited by 1 publication

(2 citation statements)

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“…The ESC is regarded as a firm's commitment to protecting the environment [48] since the policymaker enacted laws and regulations related to ecological issues [49]. Despite these legislative efforts, evidence suggests that ESCs have had limited success in Viet Nam.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…In contracts, the effect of obtaining an ESC on SMEs' performance results has received less scrutiny. Environmental activities are expensive since they require substantial research technology to build green processes or products that reduce detrimental environmental consequences and comply with eco-efficiency criteria [47,48]. In addition, firms must satisfy the requirements (i.e., technology, employment training, polluted abatement equipment) of government policy to achieve environmental sustainability certification [54,55].…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

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Impacts of Environmental Certificate and Pollution Abatement Equipment on SMEs’ Performance: An Empirical Case in Vietnam

et al. 2021

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Increasing global warming and intensity of disasters recently have made improving environmentally-conscious enterprises pivotal, as well as consumer demand for green products and the achievement of green strategies in some enterprises. This study explores the impact of environmental certificates and the cost of pollution abatement equipment on firm performance for small and medium-sized enterprises (SMEs). In this research, the linear regression method examines the effect of environmental-related certificates and technology on SMEs’ performance using Stata version 14.0 software. The training dataset comprises 3504 manufacturing SMEs in Vietnam during 2011–2015. The results highlight the positively considerable impacts of environmental-related certificates and the cost of pollution abatement equipment on SMEs’ performance. More importantly, the findings also highlight the excessive availability of pollution abatement equipment and whether it adversely impacts enterprises’ performance. The equipment cost positively impacts firm performance while, at an extreme value, the result shows a negative correlation. Furthermore, this study enriches the current literature on corporate social responsibility (CSR) and suggests SMEs approach and embrace more environmental-related certificates and technology to increase productivity.

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Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%