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Environmental Behavior and MNEs: A Strategy Pulled by Stakeholder Engagement

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  • Blanca L. Delgado‐Márquez
  • Luis Enrique Pedauga

Abstract

This research attempts to examine how multinational enterprises (MNEs) from regulated and non‐regulated industries shape their environmental strategies with regard to environmental disclosure and performance. Results reveal that regulated (non‐regulated) MNEs display worse (better) environmental performance levels and disclose less (more) environmental information than MNEs operating in non‐regulated (regulated) environments. We argue that this strategy is set as an answer to cope with legitimacy problems faced by MNEs as well as to respond to increased demands from stakeholder groups. We contend that our findings may contribute to existing literature and be of relevance for practitioners. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment

Suggested Citation

  • Blanca L. Delgado‐Márquez & Luis Enrique Pedauga, 2017. "Environmental Behavior and MNEs: A Strategy Pulled by Stakeholder Engagement," Business Strategy and the Environment, Wiley Blackwell, vol. 26(7), pages 927-939, November.
    • Handle: RePEc:bla:bstrat:v:26:y:2017:i:7:p:927-939
    DOI: 10.1002/bse.1955
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    4. Xiangan Ding & Ying Qu & Mohsin Shahzad, 2019. "The Impact of Environmental Administrative Penalties on the Disclosure of Environmental Information," Sustainability, MDPI, vol. 11(20), pages 1-24, October.
    5. Gozal Ahmadova & Blanca L. Delgado-Márquez & Javier Aguilera-Caracuel, 2023. "Reporting of environmental policies and internationalization of Asia–Pacific firms: the moderating role of innovation as a source of legitimacy," Asian Business & Management, Palgrave Macmillan, vol. 22(4), pages 1243-1273, September.
    6. Efrén Gómez‐Bolaños & Nuria Esther Hurtado‐Torres & Blanca Luisa Delgado‐Márquez, 2020. "Disentangling the influence of internationalization on sustainability development: Evidence from the energy sector," Business Strategy and the Environment, Wiley Blackwell, vol. 29(1), pages 229-239, January.
    7. Md. Aftab Uddin & Shetu Ranjan Biswas & Swadip Bhattacharjee & Mouri Dey & Monowar Mahmood, 2021. "Inspiring employees' ecological behaviors: The roles of corporate environmental strategy, biospheric values, and eco‐centric leadership," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2367-2381, July.
    8. Daniel Jugend & Joao Victor Rojas Luiz & Charbel Jose Chiappetta Jabbour & Sérgio Luis a Silva & Ana Beatriz Lopes de Sousa Jabbour & Manoel Henrique Salgado, 2017. "Green Product Development and Product Portfolio Management: Empirical Evidence from an Emerging Economy," Business Strategy and the Environment, Wiley Blackwell, vol. 26(8), pages 1181-1195, December.
    9. E. Shvarts & A. Pakhalov & A. Knizhnikov & L. Ametistova, 2018. "Environmental rating of oil and gas companies in Russia: How assessment affects environmental transparency and performance," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 1023-1038, November.

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