The Greening of Industry: Navigating the Nexus of Environmental Policies and Regulations, and Emission Abatement Strategies

IF 13.3 1区 管理学 Q1 BUSINESS
Emmanuel Senior Tenakwah, Emmanuel Junior Tenakwah, Michael Odei Erdiaw‐Kwasie, Elias Ikenna Asogwa
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引用次数: 0

Abstract

Despite the prevailing discourses on the importance of environmental policy and regulation on emission control, related theoretical and empirical developments are lacking. Using institutional theory, we propose that environmental policy and regulation contribute to emission control by integrating environmental impact exposure into decision‐making processes. An empirical test of this theoretical framework was conducted using data from the World Bank Enterprise Survey on circular practices, which collected data from 18,734 firms. An analysis of emission control at the firm level indicates that environmental policy and regulation significantly influence emission control, and the degree of environmental exposure fully mediates their effects. This study presents a plausible theoretical account and empirical validation of a mechanism that enhances emission control strategies and decisions through environmental policy and regulation. It means that environmental policy and regulation do not solely affect the likelihood of carbon emissions from firms, but also the relationship is directly and indirectly influenced by the firm's environmental impact exposure.
工业的绿色化:在环境政策法规和减排战略的关系中导航
尽管普遍论述环境政策和排放控制法规的重要性,但缺乏相关的理论和经验发展。利用制度理论,我们提出环境政策和法规通过将环境影响暴露纳入决策过程来促进排放控制。对这一理论框架的实证检验使用了来自世界银行企业循环实践调查的数据,该调查收集了18,734家公司的数据。企业层面的排放控制分析表明,环境政策和法规对排放控制有显著影响,环境暴露程度完全中介其影响。本研究提出了一个合理的理论解释和经验验证机制,通过环境政策和法规加强排放控制战略和决策。这意味着环境政策和法规不仅影响企业碳排放的可能性,而且还直接和间接地受到企业环境影响暴露的影响。
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来源期刊
CiteScore
22.50
自引率
19.40%
发文量
336
期刊介绍: Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.
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