Testing the Drivers of Corporate Environmentalism in Vietnam

Malesky, Edmund J.; Nguyen, Quynh (2023). Testing the Drivers of Corporate Environmentalism in Vietnam. Studies in comparative international development Springer 10.1007/s12116-023-09400-4

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What motivates private firms’ willingness to invest in green technologies and environmentally friendly operations? Some emphasize enhanced government regulation and enforcement, while others point to the greater potential of societal pressure. In this study, we use a survey experiment with more than 10,000 firms in Vietnam to test which type of stakeholder pressure has the strongest impact on domestic and foreign business leaders’ intention to invest in green operations. We find that the effectiveness of stakeholder pressure is conditioned by the firms’ target markets. Foreign investors are more susceptible than domestic firms to intensive regulatory pressure. Accounting for export orientation, however, we find that the most amenable policy targets for regulatory pressure are foreign firms aiming to sell in the Vietnamese domestic market.

Item Type:

Journal Article (Original Article)

Division/Institute:

10 Strategic Research Centers > Wyss Academy for Nature
03 Faculty of Business, Economics and Social Sciences > Social Sciences > Institute of Political Science

UniBE Contributor:

Nguyen-Zoller, Thi Dong Quynh

Subjects:

300 Social sciences, sociology & anthropology > 320 Political science

ISSN:

1936-6167

Publisher:

Springer

Language:

English

Submitter:

Ramona Michel

Date Deposited:

07 Feb 2024 16:35

Last Modified:

07 Feb 2024 16:42

Publisher DOI:

10.1007/s12116-023-09400-4

BORIS DOI:

10.48350/192657

URI:

https://boris.unibe.ch/id/eprint/192657

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