이해관계자 압력과 다국적 기업의 친환경 R&DStakeholder Pressure and MNEs’ Environmental R&D
- Other Titles
- Stakeholder Pressure and MNEs’ Environmental R&D
- Authors
- 정효주; 신지영; 문정빈
- Issue Date
- 2018
- Publisher
- 한국국제경영학회
- Keywords
- 기후변화; 배출권 거래; 친환경 R& D; 다국적 기업; 이해관계자; Climate change; emissions trading; environmental R& D; multinational enterprise; stakeholder
- Citation
- 국제경영연구, v.29, no.2, pp.1 - 38
- Indexed
- KCI
- Journal Title
- 국제경영연구
- Volume
- 29
- Number
- 2
- Start Page
- 1
- End Page
- 38
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/79738
- DOI
- 10.14365/ibj.2018.29.2.1
- ISSN
- 1598-2718
- Abstract
- This study investigates factors affecting multinational enterprise (MNE)’s environmental research and development (R&D), and observes how stakeholder pressure moderates these relationships.
After analyzing 15,025 observations generated by 1,674 multinational firms for the 2004–2012 periods using the ASSET4 database, we find that firms with poor reputations in environmental management and those with long-term oriented compensation policy tend to have higher levels of environmental R&D. Moreover, firms in the biggest greenhouse gas (GHG) emitting industries are likely to engage in environmental R&D when they participate in emissions trading. This study also finds that MNEs with a high level of geographic diversification are less likely to have higher levels of environmental R&D when they participate in emissions trading, suggesting the limited effectiveness of current emissions trading system.
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