Differentiated environmental regulations and corporate environmental responsibility: The moderating role of institutional environment

2021 ◽  
pp. 127870
Author(s):  
Shaozhen Han ◽  
Ying Pan ◽  
Mark Mygrant ◽  
Mengdi Li
Keyword(s):  
Institutional Environment ◽  
Environmental Regulations ◽  
Environmental Responsibility ◽  
Corporate Environmental Responsibility ◽  
Moderating Role

Impact of Entrepreneur's Environmental Attitudes on Corporate Environmental Responsibility

2017 ◽  
Vol 2 (2) ◽  
pp. 23-38 ◽  
Author(s):  
Vallari Chandna
Keyword(s):  
Strong Influence ◽  
Environmental Attitudes ◽  
Institutional Environment ◽  
Personal Characteristics ◽  
Environmental Responsibility ◽  
Business Practices ◽  
Entrepreneurial Firms ◽  
Corporate Environmental Responsibility ◽  
The Impact

The impact of personal characteristics, beliefs, values and attitudes of the entrepreneur on firm's culture and business practices, is substantive. These aspects of the founder coupled with the institutional environment of the firm, affect the investment, efforts and involvement of the firm in a multitude of activities. With regard to activities that impact the natural environment, this paper argues that the environmental attitudes of entrepreneurs have a strong influence on the corporate environmental responsibility (CER) of the firm that are in turn moderated by the need for legitimacy by new entrepreneurial firms. The role of imprinting is examined to understand how founders' attitudes impact their firm's CER activities. A further contribution is the creation of a taxonomy of sub-categories of CER activities that illustrate the level of engagement of the firm.

scholarly journals The Effects of Managerial Competency and Local Religiosity on Corporate Environmental Responsibility

2021 ◽  
Vol 13 (11) ◽  
pp. 5857
Author(s):  
Chuluunbat Tsendsuren ◽  
Prayag Lal Yadav ◽  
Sangsoo Kim ◽  
Seung-Hun Han
Keyword(s):  
Risk Taking ◽  
Environmental Responsibility ◽  
Corporate Environmental Responsibility ◽  
Negative Effects ◽  
Publicly Traded ◽  
Environmental Practices ◽  
Corporate Behavior ◽  
Environmental Engagement ◽  
Managerial Competency

This study investigates the influence of local religious beliefs to evaluate managerial motives towards corporate environmental engagement, considering the growing attention of the role of external factors in shaping corporate behavior. Using Newsweek’s green rankings of the largest publicly traded US firms by market capitalization from 2014–2016, we find that competent managers show a higher strategic preference for corporate environmental practices in firms located in low-Protestant or high-Catholic areas exhibiting higher risk and uncertainty, which tend to mitigate the negative effects of risky environments. We find that corporate environmental practices positively influence the sales of firms in high risk-taking states. This study provides significant contributions to the literature documenting the consequences of local religious risk-taking behavior and elaborates on the perceptions of competent managers on environmental management. The results provide valuable insights for practitioners and policymakers looking to incorporate environmental practices.

scholarly journals Impact of Corporate Environmental Responsibility on Investment Efficiency: The Moderating Roles of the Institutional Environment and Consumer Environmental Awareness

2019 ◽  
Vol 11 (17) ◽  
pp. 4512 ◽  
Author(s):  
Shihong Zeng ◽  
Yujia Qin ◽  
Guowang Zeng
Keyword(s):  
Institutional Environment ◽  
Environmental Awareness ◽  
Environmental Responsibility ◽  
Investment Efficiency ◽  
Human Beings ◽  
Corporate Environmental Responsibility ◽  
The Sustainable Development ◽  
Chinese Listed Companies ◽  
The Government ◽  
The Impact

The increasingly serious destruction of the natural environment represents a great threat to the sustainable development of human beings and the earth. Under pressure from the government and public opinion, companies must assume environmental responsibility; however, there is no conclusion on whether corporate environmental responsibility is beneficial to companies. From the perspective of investment efficiency, this paper collects panel data from Chinese listed companies from 2011 to 2016 to discuss the impact of corporate environmental responsibility on investment efficiency and the moderating role of the institutional environment and consumer environmental awareness. The results show that corporate environmental responsibility can significantly positively affect investment efficiency, but this effect is not a short-term effect; it needs time to play a role. Second, in regions with a good institutional environment, corporate environmental responsibility has a more significant impact on improving investment efficiency. Finally, with the improvement of consumer environmental awareness, companies that assume environmental responsibility can address underinvestment. The research in this paper supports stakeholder theory, indicating that corporate environmental responsibility is not “selfless dedication”. In addition, the research results of this paper are robust and not subject to endogenous influences.

scholarly journals Does Corporate Financialization Affect Corporate Environmental Responsibility? An Empirical Study of China

2020 ◽  
Vol 12 (9) ◽  
pp. 3696 ◽  
Author(s):  
Zhenghui Li ◽  
Yan Wang ◽  
Yong Tan ◽  
Zimei Huang
Keyword(s):  
Negative Impact ◽  
Shareholder Value ◽  
Environmental Responsibility ◽  
Corporate Environmental Responsibility ◽  
Social Effect ◽  
Value Maximization ◽  
Quantile Regression Model ◽  
Panel Quantile Regression ◽  
The Social ◽  
Moderating Role

This paper explores the effects and mechanisms of corporate financialization on corporate environmental responsibility (CER), using panel regression and the panel quantile regression model. The data is from 484 Chinese A-share non-financial listed companies, over the period 2008–2015. Some valuable results were achieved, as follows. Firstly, corporate financialization has a significantly negative impact on CER. We attribute this fact to the hard constraint of shareholder value maximization and the soft constraint of CER by taking an extrinsic analysis. Moreover, this negative impact shows heterogeneity. As the CER level increases, the remarkable restraint taken by the corporate financialization on CER is gradually weakened. This results in the corporation aiming not only at the shareholder value maximization, but also at the social effect, rather than only the former. In addition, the effect of the moderating role played by corporate leverage and ownership concentration in the influence of corporate financialization on the CER is captured in different kinds of corporations, while different performances are shown.

scholarly journals Modified Pyramid of CSR for Corporate Image and Customer Loyalty: Focusing on the Moderating Role of the CSR Experience

2019 ◽  
Vol 11 (17) ◽  
pp. 4745 ◽  
Author(s):  
Seojin Stacey Lee ◽  
Yaeri Kim ◽  
Taewoo Roh
Keyword(s):  
Customer Loyalty ◽  
Airline Industry ◽  
Structural Equation ◽  
Equation Model ◽  
Corporate Image ◽  
Least Square ◽  
Environmental Responsibility ◽  
Positive Effects ◽  
Moderating Role

The current study aims to suggest a modified pyramid of corporate social responsibility (CSR) in the airline industry and find the moderating effects of consumer’s CSR experience (CSRE). Although previous studies proved the positive effects of CSR, there are surprisingly few research studies that incorporate Carroll’s fundamental CSR and specific issues of environmental responsibility in the airline industry as the integrated model. Thus, we suggest an alternative perspective of CSR, which can apply exclusively in the airline industry. Second, the moderating role of CSRE is demonstrated in a critical manner. To be specific, we hypothesize that sharing the same experience of altruistic motives may increase intimacy between the company and consumers, which affects a positive CSR evaluation. Therefore, consumers sharing the CSRE may perceive the CSR initiative more positively when compared to those who were not involved in the CSR programs before. By using the structural equation model (SEM) and ordinary least square (OLS) regression, we examined the effects of the modified pyramid of CSR on the corporate image (CI) and the moderating role of CSRE on customer loyalty (CL). The findings suggest that airline managers should consider environmental responsibility in CSR activities and design a variety of programs that should be designed to enhance consumers’ CSRE.

Sign in / Sign up

Export Citation Format

Share Document