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External Pressures or Internal Governance – What Determines the Extent of Corporate Responses to Climate Change?

机译:外部压力或内部治理–是什么决定企业应对气候变化的程度?

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摘要

To prevent adverse effects from climate change, it is vital to involve the private sector in mitigation efforts. So far, however, research has insufficiently addressed the determinants of corporate action in specific industries. Our paper aims at bridging this gap by empirically analyzing the global automotive industry's response to climate change mitigation issues. We use publicly available information from 105 sector leaders to investigate the role of external institutional pressures and intra‐organizational governance in the extent of corporate action. Based on a multiple regression analysis, we find that organizational involvement and the integration of climate change into risk management exhibit the greatest influence. Moreover, companies with business activities that necessitate interaction with the end consumer tend to be most active. Our analysis furthermore indicates that neither the stringency of a firm's home country's climate policy regime nor the degree of internationalization is associated with a higher implementation level of response strategies. © 2017 The Authors. Corporate Social Responsibility and Environmental Management published by ERP Environment and John Wiley & Sons Ltd.
机译:为了防止气候变化带来不利影响,至关重要的是让私营部门参与缓解工作。但是,到目前为止,研究还不足以解决特定行业中公司行为的决定因素。本文旨在通过实证分析全球汽车行业对缓解气候变化问题的反应来弥合这一差距。我们使用来自105个行业领导者的公开信息来调查外部机构压力和组织内部治理在公司行动范围内的作用。基于多元回归分析,我们发现组织参与和将气候变化纳入风险管理的影响最大。此外,从事需要与最终消费者互动的商业活动的公司往往最为活跃。我们的分析还表明,公司母国气候政策制度的严格程度和国际化程度均与更高的应对策略实施水平无关。 ©2017作者。由ERP Environment和John Wiley&Sons Ltd.发行的企业社会责任和环境管理。

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