NDLI: Antecedents and Consequences of Firms ’ Climate Change Management Practices : Stakeholder and Synergistic Approach

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Antecedents and Consequences of Firms ’ Climate Change Management Practices : Stakeholder and Synergistic Approach

Content Provider	Semantic Scholar
Author	Lee, Seongwon Kim, Young-Hoon
Copyright Year	2015
Abstract	There is a growing pressure for firms to address global warming issues, but firms differ in adopting and implementing management practices in response to climate change. The aim of this study is to assess stakeholder pressure and firms’ responses to climate change, and their effect on emission reduction and operational performance. A survey was conducted and then empirically analyzed using regression analysis. This study shows that financial investors and regulatory agencies are the most influential stakeholders for adopting and implementing climate change management practices. Process efficiency and low-carbon product development are the most adopted carbon management practices while organizational engagement and carbon offsetting are not preferred. This article provides evidence that some firms’ climate change management practices lead to improved operational performance such as cost reduction and enhanced delivery and flexibility, as well as improved climate change performance including carbon emission and energy consumption reductions. This study provides guidance for policy makers and firm managers on how to identify, design and manage global warming issues within the business arena.
File Format	PDF HTM / HTML
Alternate Webpage(s)	http://www.mdpi.com/2071-1050/7/11/14521/pdf
Language	English
Access Restriction	Open
Subject Keyword	Change management (engineering) Entity Name Part Qualifier - adopted Global Warming Low sodium diet New product development Synergy
Content Type	Text
Resource Type	Article

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