Why do emerging market firms engage in voluntary environmental management practices? A strategic choice perspective

Tatoglu, E; Frynas, JG; Bayraktar, E; Demirbag, M; Sahadev, S; Doh, J; Koh, SCL

Abstract

In this paper, we investigate firms’ decisions to engage in voluntary environmental management (VEM) practices within an emerging market context. Drawing on the strategic choice and the RBV perspectives, we report results from a survey of VEM practices – a specific form of self-governance – drawing on a sample of 519 Turkish firms from various industries to identify important strategic antecedents of firms’ decisions to engage in such practices. We find that as firms become more customer focused, more inclined to pursue a differentiation strategy and subject to a higher level of strategy-oriented stakeholder focus, they tend to implement higher levels of VEM practices, with important implications for research, policy and practice for both emerging and developed markets.

• Journal Article Type: Article
• Acceptance Date: Jan 19, 2019
• Online Publication Date: Mar 19, 2019
• Publication Date: Jan 23, 2020
• Deposit Date: Mar 13, 2019
• Publicly Available Date: Mar 19, 2021
• Journal: British Journal Of Management
• Print ISSN: 1467-8551
• Publisher: Wiley
• Volume: 31
• Issue: 1
• Pages: 80-100
• DOI: https://doi.org/10.1111/1467-8551.12351
• Publisher URL: https://doi.org/10.1111/1467-8551.12351
• Related Public URLs: https://onlinelibrary.wiley.com/journal/14678551