气候变化领域集成服务门户(CCPortal): Determinants of firms' initiative and inertia in pursuing climate neutrality strategies-Theoretical explanations and empirical evidence

CCPortal

DOI	10.1002/bse.3698
	Determinants of firms' initiative and inertia in pursuing climate neutrality strategies-Theoretical explanations and empirical evidence
	Unger, Benedikt; Nippa, Michael
发表日期	2024
ISSN	0964-4733
EISSN	1099-0836
英文摘要	In view of global warming and growing demands that economies, industries, and firms should be climate-neutral by mid-century, various sources complain that firms are still hesitant to implement a corresponding climate neutrality strategy (CNS). To date, however, there is little empirical evidence or explanation for such an alleged inertia. This study fills this void by analyzing key determinants that may explain whether a CNS is pursued at the firm level. We develop and test hypotheses grounded in theory using firm-level data from the 2021 European Flash Eurobarometer as well as country-level datasets to examine the impact of formal and informal institutions. Our results reveal that the majority of firms across many countries and industries have no explicit CNS. As predicted by institutional logics, the extent of a firm's home country's exposure to climate change, climate problem awareness, and regulatory enforcement has a significant positive impact on the likelihood of CNS being formulated and pursued by firms. Extending traditional structural inertia theory, internal factors cause large and old firms to be more likely to report having explicit CNS. We further find that these structural characteristics partially moderate the link between institutions and CNS. After a thorough discussion of the results, potential limitations, research opportunities, and implications for various stakeholders are highlighted.
英文关键词	climate change; climate neutrality strategy; inertia; institutional theory; organizational ecology; pressure to change; structural inertia
语种	英语
WOS研究方向	Business & Economics ; Environmental Sciences & Ecology
WOS类目	Business ; Environmental Studies ; Management
WOS记录号	WOS:001149721500001
来源期刊	BUSINESS STRATEGY AND THE ENVIRONMENT
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/288098
作者单位	Free University of Bozen-Bolzano; Free University of Bozen-Bolzano
推荐引用方式 GB/T 7714	Unger, Benedikt,Nippa, Michael. Determinants of firms' initiative and inertia in pursuing climate neutrality strategies-Theoretical explanations and empirical evidence[J],2024.
APA	Unger, Benedikt,&Nippa, Michael.(2024).Determinants of firms' initiative and inertia in pursuing climate neutrality strategies-Theoretical explanations and empirical evidence.BUSINESS STRATEGY AND THE ENVIRONMENT.
MLA	Unger, Benedikt,et al."Determinants of firms' initiative and inertia in pursuing climate neutrality strategies-Theoretical explanations and empirical evidence".BUSINESS STRATEGY AND THE ENVIRONMENT (2024).