National institutional antecedents to corporate environmental performance

Julia Hartmann, Klaus Uhlenbruck

Research output: Contribution to journalArticlepeer-review

93 Scopus citations

Abstract

Understanding what drives firms towards environmentally sound manufacturing practices is important. While we have learned in recent years about firm-level drivers of corporate environmental performance (CEP), we know little about country-level antecedents. Our objective is to investigate the extent to which firm-level variation in CEP is explained by country-level differences. We develop hypotheses building on the Varieties of Capitalism framework and find-using data on 2724 firms in 42 different countries-that CEP is driven by the degree of market freedom of a firm's home country, the non-governmental organizations active in the country and its freedom of the press.

Original languageEnglish
Article number747
Pages (from-to)729-741
Number of pages13
JournalJournal of World Business
Volume50
Issue number4
DOIs
StatePublished - Oct 1 2015

Keywords

  • Corporate environmental performance
  • Multilevel modeling
  • Sustainability
  • Varieties of Capitalism

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