An exploratory study on firm’s strategy to cope with greenhouse gas target  

Oleh:

Tae-Hee, Woo ; Sang-Chul, Lee ; Yung-Ho, Suh

Jenis: Article from Proceeding
Dalam koleksi: Asian Network for Quality (ANQ) Congress 2011, Ho Chi Minh City, Vietnam, 27-30 September 2011, page 1-7.
Topik: Greenhouse Gs Garget; Resource-Based View; Corporate Social Responsibility
Fulltext: KSQM19.TaeHee, WOO_Fullpaper.pdf (72.25KB)

Isi artikel

This study highlights the dominant factors affecting firm's carbon strategy. We assert that firms with copious internal resources and high external pressures will set higher reduction target and thereby achieve higher performance. In order to verify this assumption, our research draws on the resource-based theory of the firm, and corporate social responsibility theory. A survey was carried out among 257 manufacturing firms. The result of research shows that internal resources, such as past experience in voluntary agreement, information technology, and external pressures, such as corporate social responsibility, stakeholders, and government are important predictors of the reduction target level. The result also showed that target level does have significant relationship with mitigation practices and reduction performance, but not with the financial performance. This study will contribute to a better understanding of the dynamics of corporate policy responses that have shaped regulations to reduce greenhouse gas emissions, and also to formulate new strategies for government to achieve successful climate change regime.

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