The relationship between standard-induced pollution prevention practices and financial performance : testing the mediating role of green growth initiatives

Title
The relationship between standard-induced pollution prevention practices and financial performance : testing the mediating role of green growth initiatives
Authors
Jai K. Kim
Issue Date
2020-12-31
Publisher
한국환경정책·평가연구원,한국환경경제학회
Series/Report No.
환경정책 : 제28권 특별호 2020년 12월
Page
39-71 p.
URI
http://repository.kei.re.kr/handle/2017.oak/23148
Language
영어
Abstract
This study explores whether green growth (GG) initiatives can effectively complement standard-induced pollution prevention (P2) practices for long-term profitability in an attempt to combine a resource-based view (RBV) of firms and institutional theory. Using survey data collected from 299 manufacturing facilities in Korea, this article empirically examined the mediation effect of GG initiatives on the relationship between P2 practices and financial performance by structural equation models (SEM) with the LISREL technique. Results suggest that GG initiatives such as a new mechanism for environmental regulations in combination with P2 practices can enhance financial performance, which will, in turn, lead to economic recovery and new employment. This finding contributes to the strategic management literature. Theoretical and practical implications of the study’s findings and directions for future research are discussed. [Key Words] Pollution Prevention Practices, Green Growth Initiatives, Financial Performance, Resource-Based Competence, Voluntary Regulation

Appears in Collections:
Periodicals(정기간행물) Journal of Environmental Policy and Administration(환경정책)
Files in This Item:
Export
RIS (EndNote)
XLS (Excel)
XML

qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

Browse