Suchergebnisse

AbstractFirms with well-formulated competitive market strategies could still fail due to their lack of effective nonmarket strategy. Climate change poses significant threats to firms and presents firms' need to develop nonmarket strategy integrated with market strategy. Relying on the unique dataset of US S&P 500 firms' responses to climate change, this study seeks to ask why some firms attempt to engage in climate policy making, while others do not do so. The results found that firms with organizational resources and capabilities underlying their carbon market strategy are more likely to support mandatory climate policy. It sheds light on the significance of integrated market and nonmarket strategies, particularly when business opportunities are controlled more by governments than by markets.

AbstractFor centuries, coal extraction and production provided low‐cost energy that powered the American economy. Currently, an estimated 5.5 million people in the Appalachian region live within one mile of an Abandoned Mine Land (AML) site. The site remediation has been funded and promoted by the AML program under the Surface Mining Control and Reclamation Act (SMCRA) of 1977, and public engagement has been required. However, little is known about the AML program and the public engagement requirement for site remediation decision‐making. Relying on State and Tribal Reclamation Plans and community surveys, we investigate how AML states and tribes engage the public and which barriers limit successful participation in the AML program. We found that AML states and tribes rely heavily on traditional methods of public engagement, such as public meetings, hearings, and comment periods, rather than nontraditional methods that could include more diverse stakeholders. We also found (1) lack of information on public participation opportunities and (2) unclear project selection and awards processes as key barriers limiting public engagement. Three recommendations specific to AML program are suggested.

AbstractWhile many scholars have discussed the merits of collaborative governance, especially for addressing complicated modern policy challenges, the literature has paid less attention to how business can serve as an effective collaborative partner during the formation of mandatory policies and regulations. Drawing on scholarship in the management sciences and combining it with literature in public administration and public policy, the authors elaborate on four distinct types of business responses to proposed regulations based on degrees of political activity and social responsiveness: defensive, reactive, proactive, and anticipatory. They then characterize the reasons why proactive firms are more likely to be valuable collaborative partners with policy makers and public managers: their engagement may avoid costly stalemates that frequently hinder policy making and help develop cost‐effective, flexible policy approaches to complex social problems.

While there is little empirical evidence to demonstrate which types of environmental management systems (EMSs) are associated with greater environmental improvements, governments worldwide are encouraging facilities to adopt them. This research compares the environmental performance of facilities that adopt ISO 14001–certified EMSs, complete (noncertified) EMSs, and incomplete EMSs across multiple environmental media. The authors analyze these relationships for manufacturing facilities in seven countries using a two‐stage model to control for selection bias. Findings indicate that the adoption of all types of EMSs is related to improved environmental performance in an international setting. However, ISO 14001–certified EMSs are associated with environmental improvements to a broader array of environmental media. These findings offer important implications about which types of EMSs have greater promise as voluntary environmental governance tools.