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.
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.