IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-03128882.html
   My bibliography  Save this paper

Sustainable Finance at the time of Institutions: Performativity through the lens of Responsible Management in Morocco

Author

Listed:
  • Adil El Amri

    (UCD - Université Chouaib Doukkali)

  • Rachid Boutti
  • Florence Rodhain

    (MRM - Montpellier Research in Management - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier)

Abstract

The aim of this study is to evaluate the level of Sustainable Finance disclosure in Institutions and to analyze the relationship between Performativity of Responsible Management and Sustainable Finance. A Performativity of Sustainable Finance through the lens of Responsible Management is constructed. To verify the link between the impact of responsible strategies and structures on the implementation and deployment of Sustainable Finance for reducing CO2 emissions at the time of Institutions, the structural relationships in our model are run. Although several studies have investigated the Sustainable finance, the issue of adoption and performance through the prism Responsible Management remains open. This allowed us to conduct empirical research through a questionnaire involving key axes of our study. We targeted primarily a sample of 40 companies ELEC EXPO International Forum in Casablanca, Morocco, held from 04th to 07th October 2018. We review the carbon finance strategies, analyze its relationship with the structure of the compliance New Economic Regulations and ISO 26 000. Subsequently, we assess the validity of its performance and its adoption prism Responsible Management through a reflexive model. To achieve this, we tested the structural relationships in our model, as the reflective nature of our built and predictive vocation of our model led us to retain the method Partial Least Squares as part of the validation of our research model. Our choice of using the Partial Least Squares approach is justified by the fact that it can treat analyzes on samples of reduced size (

Suggested Citation

  • Adil El Amri & Rachid Boutti & Florence Rodhain, 2020. "Sustainable Finance at the time of Institutions: Performativity through the lens of Responsible Management in Morocco," Post-Print hal-03128882, HAL.
  • Handle: RePEc:hal:journl:hal-03128882
    DOI: 10.21272/fmir.4(2).52-64.2020
    Note: View the original document on HAL open archive server: https://hal.science/hal-03128882
    as

    Download full text from publisher

    File URL: https://hal.science/hal-03128882/document
    Download Restriction: no

    File URL: https://libkey.io/10.21272/fmir.4(2).52-64.2020?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. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, vol. 101(407), pages 920-937, July.
    2. Julien Chevallier, 2012. "Econometric Analysis of Carbon Markets," Springer Books, Springer, number 978-94-007-2412-9, January.
    3. Toke Christensen & Mirjam Godskesen & Kirsten Gram-Hanssen & Maj-Britt Quitzau & Inge Røpke, 2007. "Greening the Danes? Experience with consumption and environment policies," Journal of Consumer Policy, Springer, vol. 30(2), pages 91-116, June.
    4. Julien Chevallier, 2011. "Econometric analysis of carbon markets: the european union emissions trading scheme and the clean development mechanism," Economics Bulletin, AccessEcon, vol. 31(4), pages 1-53.
    5. repec:dau:papers:123456789/6889 is not listed on IDEAS
    6. Alcott, Blake, 2008. "The sufficiency strategy: Would rich-world frugality lower environmental impact," Ecological Economics, Elsevier, vol. 64(4), pages 770-786, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oleksii Lyulyov & Tetyana Pimonenko & Aleksy Kwilinski & Henryk Dzwigol & Mariola Dzwigol-Barosz & Vladyslav Pavlyk & Piotr Barosz, 2021. "The Impact of the Government Policy on the Energy Efficient Gap: The Evidence from Ukraine," Energies, MDPI, vol. 14(2), pages 1-13, January.
    2. Adil El Amri & Rachid Boutti & Salah Oulfarsi & Florence Rodhain & Brahim Bouzahir, 2020. "Carbon financial markets underlying climate risk management, pricing and forecasting: Fundamental analysis," Post-Print hal-03120782, HAL.
    3. Tetyana Vasylieva & Vladyslav Pavlyk & Yuriy Bilan & Grzegorz Mentel & Marcin Rabe, 2021. "Assessment of Energy Efficiency Gaps: The Case for Ukraine," Energies, MDPI, vol. 14(5), pages 1-14, March.
    4. Aleksandra Kuzior & Oleksii Lyulyov & Tetyana Pimonenko & Aleksy Kwilinski & Dariusz Krawczyk, 2021. "Post-Industrial Tourism as a Driver of Sustainable Development," Sustainability, MDPI, vol. 13(15), pages 1-14, July.

    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. Adil El Amri & Rachid Boutti & Salah Oulfarsi & Florence Rodhain & Brahim Bouzahir, 2020. "Carbon financial markets underlying climate risk management, pricing and forecasting: Fundamental analysis," Post-Print hal-03120782, HAL.
    2. Roger Fouquet, 2012. "Economics of Energy and Climate Change: Origins, Developments and Growth," Working Papers 2012-08, BC3.
    3. Rachid Boutti & El Amri Adil & Florence Rodhain, 2019. "Multivariate Analysis of a Time Series EU ETS: Methods and Applications in Carbon Finance," Post-Print hal-03676358, HAL.
    4. Agnolucci, Paolo & Arvanitopoulos, Theodoros, 2019. "Industrial characteristics and air emissions: Long-term determinants in the UK manufacturing sector," Energy Economics, Elsevier, vol. 78(C), pages 546-566.
    5. Malmaeus, Mikael & Hasselström, Linus & Mellin, Anna & Nyblom, Åsa & Åkerman, Jonas, 2023. "Addressing rebound effects in transport policy – Insights from exploring five case studies," Transport Policy, Elsevier, vol. 131(C), pages 45-55.
    6. Wang, Xinyu & Sethi, Suresh P. & Chang, Shuhua, 2022. "Pollution abatement using cap-and-trade in a dynamic supply chain and its coordination," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 158(C).
    7. Rachid Boutti & Florence Rodhain & Isabelle Bourdon & El Amri Adil, 2016. "Finance Carbone à l’heure de la COP 22 : performativité au prisme du Management Responsable au Maroc," Post-Print hal-03666924, HAL.
    8. Díaz Valdivia, Carlos, 2014. "El rol del mercado de bonos de carbono europeo (EU–ETS) como gestor de inversión en medioambiente en Europa y países en desarrollo," Revista Latinoamericana de Desarrollo Economico, Carrera de Economía de la Universidad Católica Boliviana (UCB) "San Pablo", issue 22, pages 85-134, Noviembre.
    9. Yang Liu & Xueqing Yang & Mei Wang, 2021. "Global Transmission of Returns among Financial, Traditional Energy, Renewable Energy and Carbon Markets: New Evidence," Energies, MDPI, vol. 14(21), pages 1-32, November.
    10. Díaz Valdivia, Carlos, 2014. "The Role of EU-ETS Mechanism as Environmental Investment Promoter in Europe and Developing Countries," Documentos de trabajo 1/2014, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
    11. Khanna, Neha & Chapman, Duane, 1997. "Climate Policy and Petroleum Depletion in an Optimal Growth Framework," Staff Papers 121172, Cornell University, Department of Applied Economics and Management.
    12. Richard S.J. Tol, 2003. "The Marginal Costs Of Carbon Dioxide Emissions: An Assessment Of The Uncertainties," Working Papers FNU-19, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2003.
    13. Oliver Fromm, 2000. "Ecological Structure and Functions of Biodiversity as Elements of Its Total Economic Value," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(3), pages 303-328, July.
    14. Jie Yan & Ruiliang Wang, 2024. "Green Fiscal and Tax Policies in China: An Environmental Dynamic Stochastic General Equilibrium Approach," Sustainability, MDPI, vol. 16(9), pages 1-24, April.
    15. Castro, Damaris & Bleys, Brent, 2023. "Do people think they have enough? A subjective income sufficiency assessment," Ecological Economics, Elsevier, vol. 205(C).
    16. Karp, Larry & Liu, Xuemei, 1999. "Valuing Tradeable CO2 Permits for OECD Countries," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt5dv5c8hr, Department of Agricultural & Resource Economics, UC Berkeley.
    17. Karen Turner, 2013. ""Rebound" Effects from Increased Energy Efficiency: A Time to Pause and Reflect," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    18. Harrigan, Frank, 2000. "Macroeconomic Income Adjustment and Tropical Forest Conservation: A General Equilibrium Analysis of Malaysia," Journal of Policy Modeling, Elsevier, vol. 22(4), pages 491-531, July.
    19. Stefano Giglio & Bryan Kelly & Johannes Stroebel, 2021. "Climate Finance," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 15-36, November.
    20. Jin Xue & Hans Jakob Walnum & Carlo Aall & Petter Næss, 2016. "Two Contrasting Scenarios for a Zero-Emission Future in a High-Consumption Society," Sustainability, MDPI, vol. 9(1), pages 1-25, December.

    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:hal:journl:hal-03128882. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.