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A place‐based approach to understanding firms' voluntary environmental engagement

The role of regional pressures in the case of Korea

Bibliographic Data

ID6328705
AuthorsJongdae Song (0000-0002-5739-064X, Public Policy Institute Korea University—Sejong Campus Sejong Republic of Korea, corresponding author)
Year2024
Volume52
Issue1
Pages91-111
Publication date2024-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolicy Studies Journal (JOURNAL)
Journal identifiersISSN: 0190-292X • E-ISSN: 1541-0072
PublisherWiley (PUBLISHER • GB)
DOI10.1111/psj.12510
OpenAlexW4385068233
LanguageEN
References cited121

Environmental management literature has extensively explored why the regulated community, particularly private firms, join voluntary environmental programs (VEPs) in which participants promise to regulate “beyond compliance.” However, the notion of locus has been rarely considered a key determinant of a firm's VEP participation. This study examines how regional pressures encourage firms' VEP participation. Drawing on a dataset of over 1000 industrial facilities related to five government sponsored VEPs in Korea, it investigates how three types of regional pressures—regulators, industrial peers, and community members—affect firms' decision to join VEPs. The major findings are that firms located in the same region as their conglomerate peers, as well as firms located in a place where a large amount of odor pollutant is released, are more likely to participate in VEPs. These results demonstrate the impact of social attributes derived from the geographic location of firms on facilities' VEP engagement

Affect (linguistics · Business · Compliance (psychology · Economic geography · Economics · Government (linguistics · Industrial organization · Join (topology · Management · Turnover · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Psychology · Regulation and Compliance Studies · Social Psychology

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