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Analysing emission intensive firms as regulatory stakeholders: a role for adaptable business strategy

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  • Nigel Martin
  • John Rice

Abstract

Climate change regulations pose significant challenges to firms that produce large volumes of carbon emissions. Accordingly, firms in the trade‐exposed emission intensive industries are critical regulatory stakeholders. Following the Australian Government's ratification of the Kyoto Protocol in 2007, the proposed installation of an emission trading scheme is one of several business concerns as the government seeks to implement climate change policies and regulations. In this study, we inve stigate some of the major concerns that confront emission intensive businesses, and ask what the critical issues are for firms as a consequence of climate change policy implementation and what this means for their strategies. The study uses a concept mapping and analysis technique to reveal that future emission trading systems and business performance impacts resulting from emission reduction initiatives represent serious strategic concerns to stakeholder firms. Adaptable business strategies offer a potential solution to these perceived concerns and problems. Copyright © 2009 John Wiley & Sons, Ltd and ERP Environment.

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  • Nigel Martin & John Rice, 2010. "Analysing emission intensive firms as regulatory stakeholders: a role for adaptable business strategy," Business Strategy and the Environment, Wiley Blackwell, vol. 19(1), pages 64-75, January.
  • Handle: RePEc:bla:bstrat:v:19:y:2010:i:1:p:64-75
    DOI: 10.1002/bse.661
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    9. Md. Wahid Murad & Md. Mahmudul Alam & Md. Mazharul Islam, 2018. "Dynamics of Japan’s industrial production and carbon emissions: causality, long-term trend and implications," Letters in Spatial and Resource Sciences, Springer, vol. 11(2), pages 127-139, July.
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    13. Matthias Damert & Rupert J. Baumgartner, 2018. "External Pressures or Internal Governance – What Determines the Extent of Corporate Responses to Climate Change?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 473-488, July.
    14. Jeremy Galbreath & David Charles & Eddie Oczkowski, 2016. "The Drivers of Climate Change Innovations: Evidence from the Australian Wine Industry," Journal of Business Ethics, Springer, vol. 135(2), pages 217-231, May.
    15. Konstantinos Evangelinos & Ioannis Nikolaou & Walter Leal Filho, 2015. "The Effects of Climate Change Policy on the Business Community: A Corporate Environmental Accounting Perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 22(5), pages 257-270, September.
    16. Jared Cory & Michael Lerner & Iain Osgood, 2021. "Supply Chain Linkages and the Extended Carbon Coalition," American Journal of Political Science, John Wiley & Sons, vol. 65(1), pages 69-87, January.
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    18. Sadia Samar Ali & Rajbir Kaur & Filiz Ersöz & Bothinah Altaf & Arati Basu & Gerhard-Wilhelm Weber, 2020. "Measuring carbon performance for sustainable green supply chain practices: a developing country scenario," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 28(4), pages 1389-1416, December.
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