The impact of organizational pressures on environmental performance of firms
Author(s) -
Ramanathan Ramakrishnan,
Poomkaew Boonchan,
Nath Prithwiraj
Publication year - 2014
Publication title -
business ethics: a european review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.343
H-Index - 35
eISSN - 1467-8608
pISSN - 0962-8770
DOI - 10.1111/beer.12042
Subject(s) - variety (cybernetics) , business , environmental scanning , environmental impact assessment , order (exchange) , environmental compliance , industrial organization , compliance (psychology) , environmental management system , environmental economics , environmental resource management , economics , environmental science , finance , political science , psychology , environmental protection , ecology , computer science , social psychology , artificial intelligence , irrigation , law , biology
The role of various organizational pressures in influencing performance of firms has been an interesting research topic in a variety of fields and has received the attention of researchers working in the field of environmental strategy. Although there are previous studies that have looked at the influence of various pressures in influencing firms’ environmental strategies, our study provides a more holistic analysis considering a variety of such pressures in a single framework. We discuss a research study to analyze how pressures from internal and external stakeholders of a firm, economic pressures, environmental regulations, and pressures of environmental compliance have affected environmental performance of firms using data collected from manufacturing firms in the U nited K ingdom. We have found that internal stakeholders provide the greatest impact in shaping environmental performance of firms, closely followed by economic pressures, environmental regulations, and external stakeholders in that order. Fears of penalties due to environmental compliance have the least impact, although this pressure also has a positive and significant impact on environmental performance.
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