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SMEs and voluntary environmental initiatives: a study of stakeholders' perspectives in Hong Kong

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  • Sonja Studer
  • Stephen Tsang
  • Richard Welford
  • Peter Hills

Abstract

The environmental performance of Hong Kong's businesses is currently perceived as rather poor. Small and medium-sized enterprises (SMEs) in particular are mostly unaware of the environmental impact of their business. Government and professional bodies have recently started to develop various initiatives to improve the SME sector's awareness of environmental and social issues, and external factors such as supply chain requirements, consumer preferences and energy prices are also exerting a growing influence. Based on extensive interviews with representatives of seven key stakeholder groups, this paper explores the effectiveness of such drivers to engage SMEs with environmental change and corporate social responsibility (CSR). It finds that most existing efforts, such as environmental support programmes and award schemes, do not have a great impact on the environmental and social performance of Hong Kong's SMEs.

Suggested Citation

  • Sonja Studer & Stephen Tsang & Richard Welford & Peter Hills, 2008. "SMEs and voluntary environmental initiatives: a study of stakeholders' perspectives in Hong Kong," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 51(2), pages 285-301.
  • Handle: RePEc:taf:jenpmg:v:51:y:2008:i:2:p:285-301
    DOI: 10.1080/09640560701865073
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    Cited by:

    1. Tang, Zhi & Tang, Jintong, 2012. "Stakeholder–firm power difference, stakeholders' CSR orientation, and SMEs' environmental performance in China," Journal of Business Venturing, Elsevier, vol. 27(4), pages 436-455.
    2. Gary Lynch-Wood & David Williamson, 2014. "Civil Regulation, the Environment and the Compliance Orientations of SMEs," Journal of Business Ethics, Springer, vol. 125(3), pages 467-480, December.
    3. Zhi Tang & Jintong Tang, 2016. "The Impact of Competitors–Firm Power Divergence on Chinese SMES’ Environmental and Financial Performance," Journal of Business Ethics, Springer, vol. 136(1), pages 147-165, June.

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