气候变化领域集成服务门户(CCPortal): How does internal carbon pricing affect corporate environmental performance?

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DOI	10.1016/j.jbusres.2022.02.071
	How does internal carbon pricing affect corporate environmental performance?
	Zhu, Bangzhu; Xu, Chenxin; Wang, Ping; Zhang, Lin
发表日期	2022
ISSN	0148-2963
EISSN	1873-7978
起始页码	65
结束页码	77
卷号	145
英文摘要	Internal carbon pricing (ICP) has emerged as an increasingly popular tool for firms to cut emissions and combat climate change risks. We theorize the role of ICP by integrating legitimacy and stakeholder perspectives into dynamic capability theory. We argue that firms implement ICP to comply with stakeholders' expectations, leading to corporate environmental strategic transformation which in turn improve a firm's dynamic capabilities. Furthermore, we argue that the heterogeneous nature of corporate motivation for such strategy transformation, reflected by carbon dependency and corporate climate target, moderates the relationship between the extent of ICP and the environmental outcomes. The Carbon Disclosure Project data of 500 U.S. publicly listed firms confirms that ICP reduces carbon emissions per employee and carbon emissions per revenue by 13.5% and 15.7%, respectively. Collectively, we advance understanding of corporate business strategy in the presence of climate change risks, posing both theoretical and practical policy implications.
英文关键词	Internal carbon pricing; Corporate environmental performance; Corporate dynamic capability; Green production; Carbon dependency
语种	英语
WOS研究方向	Business
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000858909600005
来源期刊	JOURNAL OF BUSINESS RESEARCH
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280442
作者单位	Guangxi University; Nanjing University of Information Science & Technology; Jinan University; City University of Hong Kong
推荐引用方式 GB/T 7714	Zhu, Bangzhu,Xu, Chenxin,Wang, Ping,et al. How does internal carbon pricing affect corporate environmental performance?[J],2022,145.
APA	Zhu, Bangzhu,Xu, Chenxin,Wang, Ping,&Zhang, Lin.(2022).How does internal carbon pricing affect corporate environmental performance?.JOURNAL OF BUSINESS RESEARCH,145.
MLA	Zhu, Bangzhu,et al."How does internal carbon pricing affect corporate environmental performance?".JOURNAL OF BUSINESS RESEARCH 145(2022).