Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2017.03.026 |
Local Environmental Non-Profit Organizations and the Green Investment Strategies of Family Firms | |
Maggioni, Daniela1; Santangelo, Grazia D.2 | |
2017-08-01 | |
发表期刊 | ECOLOGICAL ECONOMICS
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ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2017 |
卷号 | 138 |
文章类型 | Article |
语种 | 英语 |
国家 | Italy |
英文摘要 | We add to the debate on the determinants of firms' green investment strategies (GIS) by looking at societal stakeholders and explicitly testing the role of local environmental non-profit organizations.(ENPOs) in GIS engagement by family and non-family firms. We argue that ENPOs favor GIS engagement only by family firms, which, due to their resource constraints, risk aversion and local embeddedness, are more sensitive to ENPOs normative pressure. We also suggest that the role of ENPOs is especially important for family firms' GIS in those sectors with less stringent regulations, where ENPOs may act as a substitute for the coercive pressure of regulation, and promote firms' self-regulatory behaviors. We test and find support for our arguments on a sample of about 2000 Italian manufacturing firms over the period 2001-2003. Our results are robust to the control of observable omitted variables, reverse causality and to alternative model specifications. (C) 2017 Elsevier B.V. All rights reserved. |
英文关键词 | ENPOs GIS Sectoral regulation Family firms |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000402215800014 |
WOS关键词 | SOCIOEMOTIONAL WEALTH ; SOCIAL-RESPONSIBILITY ; INSTITUTIONAL LOGICS ; STAKEHOLDER THEORY ; EMPIRICAL-EVIDENCE ; POLLUTION-CONTROL ; DETERMINANTS ; OWNERSHIP ; PERFORMANCE ; INNOVATION |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/16067 |
专题 | 资源环境科学 |
作者单位 | 1.Ca Foscari Univ Venice, Dept Econ, Cannaregio 873, I-30121 Venice, Italy; 2.Univ Catania, Dept Polit & Social Sci, Via V Emanuele 2,8, I-95131 Catania, Italy |
推荐引用方式 GB/T 7714 | Maggioni, Daniela,Santangelo, Grazia D.. Local Environmental Non-Profit Organizations and the Green Investment Strategies of Family Firms[J]. ECOLOGICAL ECONOMICS,2017,138. |
APA | Maggioni, Daniela,&Santangelo, Grazia D..(2017).Local Environmental Non-Profit Organizations and the Green Investment Strategies of Family Firms.ECOLOGICAL ECONOMICS,138. |
MLA | Maggioni, Daniela,et al."Local Environmental Non-Profit Organizations and the Green Investment Strategies of Family Firms".ECOLOGICAL ECONOMICS 138(2017). |
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