Multinational companies and the natural environment: Determinants of global environmental policy standardization

• 成果类型: Article
• 署名作者: Christmann, P
• 署名单位: Rutgers University System; Rutgers University New Brunswick
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/20159616
• 发表日期: 2004
• 页码: 747-760
• 关键词: UNITED-STATES; green; firm; GLOBALIZATION; management; strategy; MODEL

摘要

This study analyzes the determinants of global standardization of multinational companies' environmental policies. Survey data from the chemical industry show that MNCs standardize different environmental policy dimensions in response to pressures from different external stakeholders. MNC characteristics also affect environmental policy standardization. Findings demonstrate that the nature of stakeholder demands affects firms' responses to stakeholder pressures. Because environmental policy standardization reduces MNCs' ability to exploit cross-country differences in environmental regulations, these findings also have important implications for the self-regulation of MNCs' environmental conduct.