IDEAS home Printed from https://ideas.repec.org/a/bla/bstrat/v30y2021i8p3444-3453.html
   My bibliography  Save this article

Clean development mechanism implementation: External and organizational factors drives expected business benefits

Author

Listed:
  • Zainorfarah Zainuddin
  • Mohammad Iranmanesh
  • Ming‐Lang Tseng
  • Behzad Foroughi
  • Tengku Adeline Adura Tengku Hamzah

Abstract

This study aims to deal with the challenge of rationalizing and testing the interrelationships assumptions of external and organizational factors in the case of clean development mechanism implementation. Prior studies are lacking to introduce the expected business benefits as a mediator between external factors and clean development mechanism implementation. The moderating effect of environmental resources was rationalized and evaluated. The data were collected from 130 ISO 14001 certified manufacturing firms and analyzed using the partial least squares technique. The results revealed that expected business benefits mediate the impacts of all considered external factors and cause an insignificant direct association between market pressure and mechanism implementation. Organizational resources moderate positively the impact of competitor pressure on mechanism implementation. The findings extend the literature by illustrating the dependency of external factors and organizational factors and challenging the results of the studies, which have been driven by independence assumption. The findings are enabling policy‐makers and managers to effectively modify the strategies for enhancing the extent of mechanism implementation.

Suggested Citation

  • Zainorfarah Zainuddin & Mohammad Iranmanesh & Ming‐Lang Tseng & Behzad Foroughi & Tengku Adeline Adura Tengku Hamzah, 2021. "Clean development mechanism implementation: External and organizational factors drives expected business benefits," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 3444-3453, December.
    • Handle: RePEc:bla:bstrat:v:30:y:2021:i:8:p:3444-3453
    DOI: 10.1002/bse.2812
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/bse.2812
    Download Restriction: no
    File URL: https://libkey.io/10.1002/bse.2812?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jianguo Liu, 2014. "Forest Sustainability in China and Implications for a Telecoupled World," Asia and the Pacific Policy Studies 201417, Crawford School of Public Policy, The Australian National University.
    2. Stefan Gold & Stefan Seuring & Philip Beske, 2010. "Sustainable supply chain management and inter‐organizational resources: a literature review," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 17(4), pages 230-245, July.
    3. Leme, Marcio Montagnana Vicente & Rocha, Mateus Henrique & Lora, Electo Eduardo Silva & Venturini, Osvaldo José & Lopes, Bruno Marciano & Ferreira, Cláudio Homero, 2014. "Techno-economic analysis and environmental impact assessment of energy recovery from Municipal Solid Waste (MSW) in Brazil," Resources, Conservation & Recycling, Elsevier, vol. 87(C), pages 8-20.
    4. Mohd Helmi Ali & Suhaiza Zailani & Mohammad Iranmanesh & Behzad Foroughi, 2019. "Impacts of Environmental Factors on Waste, Energy, and Resource Management and Sustainable Performance," Sustainability, MDPI, vol. 11(8), pages 1-16, April.
    5. Xianbing Liu & Jie Yang & Sixiao Qu & Leina Wang & Tomohiro Shishime & Cunkuan Bao, 2012. "Sustainable Production: Practices and Determinant Factors of Green Supply Chain Management of Chinese Companies," Business Strategy and the Environment, Wiley Blackwell, vol. 21(1), pages 1-16, January.
    6. Joseph Bakos & Michele Siu & Adalberto Orengo & Narges Kasiri, 2020. "An analysis of environmental sustainability in small & medium‐sized enterprises: Patterns and trends," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1285-1296, March.
    7. Kolk, Ans & Pinkse, Jonatan, 2004. "Market Strategies for Climate Change," European Management Journal, Elsevier, vol. 22(3), pages 304-314, June.
    8. Turken, Nazli & Carrillo, Janice & Verter, Vedat, 2017. "Facility location and capacity acquisition under carbon tax and emissions limits: To centralize or to decentralize?," International Journal of Production Economics, Elsevier, vol. 187(C), pages 126-141.
    9. Ming‐Lang Tseng & Ming K. Lim & Kuo‐Jui Wu, 2018. "Corporate sustainability performance improvement using an interrelationship hierarchical model approach," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1334-1346, December.
    10. Seres, Stephen & Haites, Erik & Murphy, Kevin, 2009. "Analysis of technology transfer in CDM projects: An update," Energy Policy, Elsevier, vol. 37(11), pages 4919-4926, November.
    11. Reginald Masocha & Olawale Fatoki, 2018. "The Impact of Coercive Pressures on Sustainability Practices of Small Businesses in South Africa," Sustainability, MDPI, vol. 10(9), pages 1-14, August.
    12. Zhang, Bin & Lai, Kee-hung & Wang, Bo & Wang, Zhaohua, 2017. "Shareholder value effects of corporate carbon trading: Empirical evidence from market reaction towards Clean Development Mechanism in China," Energy Policy, Elsevier, vol. 110(C), pages 410-421.
    13. Jianguo Liu, 2014. "Forest Sustainability in China and Implications for a Telecoupled World," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 1(1), pages 230-250, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. George C. Efthimiou & Panos Kalimeris & Spyros Andronopoulos & John G. Bartzis, 2018. "Statistical Projection of Material Intensity: Evidence from the Global Economy and 107 Countries," Journal of Industrial Ecology, Yale University, vol. 22(6), pages 1465-1472, December.
    2. James D. A. Millington & Hang Xiong & Steve Peterson & Jeremy Woods, 2017. "Integrating Modelling Approaches for Understanding Telecoupling: Global Food Trade and Local Land Use," Land, MDPI, vol. 6(3), pages 1-18, August.
    3. Min Gon Chung & Tao Pan & Xintong Zou & Jianguo Liu, 2018. "Complex Interrelationships between Ecosystem Services Supply and Tourism Demand: General Framework and Evidence from the Origin of Three Asian Rivers," Sustainability, MDPI, vol. 10(12), pages 1-21, December.
    4. Yvonne Kunz & Fenna Otten & Rina Mardiana & Katrin Martens & Imke Roedel & Heiko Faust, 2019. "Smallholder Telecoupling and Climate Governance in Jambi Province, Indonesia," Social Sciences, MDPI, vol. 8(4), pages 1-28, April.
    5. Andrew K. Carlson & Julie G. Zaehringer & Rachael D. Garrett & Ramon Felipe Bicudo Silva & Paul R. Furumo & Andrea N Raya Rey & Aurora Torres & Min Gon Chung & Yingjie Li & Jianguo Liu, 2018. "Toward Rigorous Telecoupling Causal Attribution: A Systematic Review and Typology," Sustainability, MDPI, vol. 10(12), pages 1-17, November.
    6. Yue Dou & Ramon Felipe Bicudo da Silva & Paul McCord & Julie G. Zaehringer & Hongbo Yang & Paul R. Furumo & Jian Zhang & J. Cristóbal Pizarro & Jianguo Liu, 2020. "Understanding How Smallholders Integrated into Pericoupled and Telecoupled Systems," Sustainability, MDPI, vol. 12(4), pages 1-21, February.
    7. Jian Zhang & Tao Tian & Jinying Cui & Gordon M. Hickey & Rui Zhou & Jianguo Liu & Youcai Xiong, 2021. "Sustainability Evaluation on the Grain to Green Program in the Hexi Corridor of China: A Metacoupled System Perspective," Sustainability, MDPI, vol. 13(3), pages 1-13, February.
    8. Jesús Morcillo-Bellido & Alfonso Duran-Heras, 2020. "Sustainability Governance Mechanisms in Supply Chains: An Application in the Retail Sector," Sustainability, MDPI, vol. 12(17), pages 1-16, August.
    9. Neha Deopa & Daniele Rinaldo, 2020. "Quickest Detection of Ecological Regimes for Natural Resource Management," Papers 2005.11500, arXiv.org, revised Mar 2024.
    10. Theißen, Sebastian & Spinler, Stefan, 2014. "Strategic analysis of manufacturer-supplier partnerships: An ANP model for collaborative CO2 reduction management," European Journal of Operational Research, Elsevier, vol. 233(2), pages 383-397.
    11. Taulo, J.L. & Sebitosi, A.B., 2016. "Material and energy flow analysis of the Malawian tea industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 56(C), pages 1337-1350.
    12. Xiuzhi Chen & Yue Hou & Thomas Kastner & Liu Liu & Yuqian Zhang & Tuo Yin & Mo Li & Arunima Malik & Mengyu Li & Kelly R. Thorp & Siqi Han & Yaoze Liu & Tahir Muhammad & Jianguo Liu & Yunkai Li, 2023. "Physical and virtual nutrient flows in global telecoupled agricultural trade networks," Nature Communications, Nature, vol. 14(1), pages 1-12, December.
    13. Piera Centobelli & Roberto Cerchione & Emilio Esposito, 2018. "Environmental Sustainability and Energy-Efficient Supply Chain Management: A Review of Research Trends and Proposed Guidelines," Energies, MDPI, vol. 11(2), pages 1-36, January.
    14. Wu, Changyan & Huang, Xianjin & Chen, Bowen, 2020. "Telecoupling mechanism of urban land expansion based on transportation accessibility: A case study of transitional Yangtze River economic Belt, China," Land Use Policy, Elsevier, vol. 96(C).
    15. Steffen Maas & Tassilo Schuster & Evi Hartmann, 2014. "Pollution Prevention and Service Stewardship Strategies in the Third‐Party Logistics Industry: Effects on Firm Differentiation and the Moderating Role of Environmental Communication," Business Strategy and the Environment, Wiley Blackwell, vol. 23(1), pages 38-55, January.
    16. Xiaona Guo & Ruishan Chen & Qiang Li & Michael E. Meadows, 2021. "Achieving Win–Win Solutions in Telecoupled Human–Land Systems," Land, MDPI, vol. 10(3), pages 1-15, March.
    17. Dou, Yue & Liu, Jianguo Jack, 2017. "Modeling telecoupled systems: design for simulating telecoupled soybean trade," Conference papers 332874, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    18. Fang, Baling & Tan, Yi & Li, Canbing & Cao, Yijia & Liu, Jianguo & Schweizer, Pia-Johanna & Shi, Haiqing & Zhou, Bin & Chen, Hao & Hu, Zhuangli, 2016. "Energy sustainability under the framework of telecoupling," Energy, Elsevier, vol. 106(C), pages 253-259.
    19. Jie Xu & Yu Xiao & Gaodi Xie & Yangyang Wang & Yuan Jiang, 2018. "How to Guarantee the Sustainability of the Wind Prevention and Sand Fixation Service: An Ecosystem Service Flow Perspective," Sustainability, MDPI, vol. 10(9), pages 1-20, August.
    20. Zhao, Jiacheng & Liu, Jinlong & Giessen, Lukas, 2023. "How China adopted eco-friendly forest development: Lens of the dual-track mechanism," Forest Policy and Economics, Elsevier, vol. 149(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:bstrat:v:30:y:2021:i:8:p:3444-3453. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.