The public as a definitive stakeholder of corporate environmental sustainability practices: a cross-national institutional approach

Konwar, Z, Wei, Y, Wood, G and Cheah, JE-T ORCID: https://orcid.org/0000-0003-2953-3815, 2024. The public as a definitive stakeholder of corporate environmental sustainability practices: a cross-national institutional approach. Journal of Environmental Management. ISSN 0301-4797 (Forthcoming)

Text 2225044_Cheah.pdf - Post-print Restricted to Repository staff only Download (353kB)

Abstract

An emerging body of literature connects the well-known Varieties of Capitalism framework (and its variants) with the propensity of nations to move away from hydrocarbons. Our study extends this work by exploring how macro-level institutional configurations matter for public expectations towards corporate environmental sustainability practices. By linking survey data of public-as-stakeholders to institutional systems encompassing 16 countries (N=7156), we use multi-level modelling to test the explanatory power of a theoretically well-refined recent construct, namely, the Varieties of Institutional Systems — and discover significant variations associated with public expectations across different institutional systems. The findings, however, defy the notion of a clear distinction between mature and emerging markets or that mature institutional systems consistently hold firms to higher environmental standards. Rather surprisingly and counter-intuitively, we find that State-Led institutional systems had the highest expectations towards corporate environmental sustainability practices.

Item Type:	Journal article
Publication Title:	Journal of Environmental Management
Creators:	Konwar, Z., Wei, Y., Wood, G. and Cheah, J.E.-T.
Publisher:	Elsevier
Date:	24 September 2024
ISSN:	0301-4797
Identifiers:	Number Type 2225044 Other
Divisions:	Schools > Nottingham Business School
Record created by:	Laura Ward
Date Added:	25 Sep 2024 08:58
Last Modified:	25 Sep 2024 08:58
URI:	https://irep.ntu.ac.uk/id/eprint/52298

Actions (login required)

Edit View

Statistics

Views

Downloads