Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2017.01.007 |
Business Strategy Under Institutional Constraints: Evidence From China's Energy Efficiency Regulations | |
Zhu, Junming1,2; Chertow, Marian R.2 | |
2017-05-01 | |
发表期刊 | ECOLOGICAL ECONOMICS
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ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2017 |
卷号 | 135页码:43759 |
文章类型 | Article |
语种 | 英语 |
国家 | Peoples R China; USA |
英文摘要 | This paper links theoretical perspectives from energy efficiency economics with those observed from corporate environmental strategy to develop a framework for explaining energy efficiency strategies by firms in response to national policies and local regulations in China. The framework is refined through analytic generalization of 20 cases from four industries and four cities in Jiangsu Province, and reveals two strategies: 1) firms with moderate institutional pressure seek incremental competitiveness by adopting energy-saving technologies, which is reinforced by their inforinational, organizational, and financing capabilities, and facilitated by voluntary policies and industrial competition; 2) firms with survival risk or development constraints under regulation seek a position favored by local governments by replacing old plant and equipment with larger, more efficient ones and contributing to the local community. The Chinese case studies reveal a strong institutional impact on firms' choice of business strategies and particularly the positioning strategy. The identified business strategies shed additional light on the effectiveness and implications of different policy instruments for energy efficiency. (C) 2017 Elsevier B.V. All rights reserved. |
英文关键词 | Energy efficiency investment Corporate strategy Energy saving China Institution |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000395597700002 |
WOS关键词 | ENVIRONMENTAL PERFORMANCE ; VOLUNTARY AGREEMENTS ; FIRMS ; POLICY ; BARRIERS ; INDUSTRY ; ECONOMICS ; IMPLEMENTATION ; PERSPECTIVE ; TECHNOLOGY |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/15335 |
专题 | 资源环境科学 |
作者单位 | 1.Tsinghua Univ, Sch Publ Policy & Management, Beijing 100084, Peoples R China; 2.Yale Univ, Sch Forestry & Environm Studies, Ctr forIndustrial Ecol, 195 Prospect St, New Haven, CT 06511 USA |
推荐引用方式 GB/T 7714 | Zhu, Junming,Chertow, Marian R.. Business Strategy Under Institutional Constraints: Evidence From China's Energy Efficiency Regulations[J]. ECOLOGICAL ECONOMICS,2017,135:43759. |
APA | Zhu, Junming,&Chertow, Marian R..(2017).Business Strategy Under Institutional Constraints: Evidence From China's Energy Efficiency Regulations.ECOLOGICAL ECONOMICS,135,43759. |
MLA | Zhu, Junming,et al."Business Strategy Under Institutional Constraints: Evidence From China's Energy Efficiency Regulations".ECOLOGICAL ECONOMICS 135(2017):43759. |
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