Talking Trash: Legitimacy, Impression Management, and Unsystematic Risk in the Context of the Natural Environment

Bansal, Pratima; Clelland, Iain J.

doi:10.5465/20159562

Cited by 521 publications

(755 citation statements)

References 26 publications

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“…First, firms seek CSP with instrumental motives to achieve greater profitability (Bansal & Clelland, 2004;McWilliams & Siegel, 2001). This approach is in accordance with the neo-classical economic framework, which proposes that firms can generate goodwill as a byproduct of pursuing greater profits.…”

Section: Theoretical Background An Institutional Perspective On Cspmentioning

confidence: 97%

Firm Size and Corporate Social Performance

Chang

Jung

et al. 2012

Journal of Leadership & Organizational Studies

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Previous research suggests that large firms are more committed to corporate social performance (CSP), because the society exerts heavier pressure on large firms for socially responsible activities, and firms correspondingly conform to the pressure. This seemingly plausible argument, however, ignores the internal process how the response occurs in firms. In this study, the authors propose that the relationship between firm size and CSP is mediated by outside director representation in the board. The authors tested the mediating effect using a data set of 180 Korean firms and found empirical support for the argument. The result indicates that a firm's social performance is more directly influenced by internal responses, such as appointing more outside directors in this study, rather than firm size. This study advances the institutional theory perspective in the size-CSP linkage by introducing the mediation internal mechanism.

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Section: Theoretical Background An Institutional Perspective On Cspmentioning

confidence: 97%

Firm Size and Corporate Social Performance

Chang

Jung

et al. 2012

Journal of Leadership & Organizational Studies

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“…Such benefits in efficiency and productivity can only be obtained by substantive actions and real improvements toward the natural environment, not by symbolic actions. Furthermore, poor environmental performance has been shown to have negative implications for financial performance (Bansal and Clelland, 2004;Klassen and McLaughlin, 1996;Xu et al, 2012). Symbolic actions are not effective in reducing the real costs of poor environmental performance; they cannot eliminate the high risk of environmental illegitimacy.…”

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confidence: 99%

Does commitment to environmental self-regulation matter? An empirical examination from China

Lin

Zeng

et al. 2015

Management Decision

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Lin Yang, (2015),"Empirical study on the relationship between entrepreneurial cognitions and strategic change momentum: The moderating effect of organizational knowledge structures", Management Decision, Vol. 53 Iss 5 pp. 957-983 http://dx.Swati Mittal, Rajib Lochan Dhar, (2015),"Transformational leadership and employee creativity: Mediating role of creative self-efficacy and moderating role of knowledge sharing", Management Decision, Vol. 53 Iss 5 pp. 894-910 http://dx.If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -The purpose of this paper is to develop a better understanding of the mechanisms by which symbolic commitment to self-regulation influences corporate environmental performance through the adoption of substantive actions. Design/methodology/approach -Using a sample of Chinese listed private firms in manufacturing sectors, this paper empirically investigates whether and how corporate symbolic commitment to environmental self-regulation really improves the consequences of corporate activities with respect to environmental issues under the current Chinese context. A moderated mediation analysis is employed to test the hypotheses and examine the relationships proposed in the research framework. Findings -The authors argue that making a commitment to environmental self-regulation could motivate firms to implement effective means of being green. The intriguing and robust results show that firms with higher ranking environmental commitment are more likely to use political connections to obtain resources (green subsidies), and then improve environmental performance. Practical implications -The results of this study provide a snapshot of the mechanism between symbolic promises and real outcomes. Originality/value -The authors theorize about and test both direct and indirect effects of commitment to self-regulation on real outcomes which provide empirical evidence for the incipient but growing understanding of self-regulation.

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“…Specifically, previous literature suggests that associations with groups of varying levels of status and reputation affect a firm's legitimacy (Pearce, 2011), as well as its own status and reputation, which are coveted assets in firms' success (Deephouse, 2000;Deephouse & Suchman, 2008;Piazza & Castellucci, 2014). Thus, they are promising constructs to explain firms' willingness to respond to certain groups on environmental at UNIV NEBRASKA LIBRARIES on April 11, 2015 oae.sagepub.com Downloaded from issues, given firms' quest for maintaining legitimacy (Bansal & Clelland, 2004;Bansal & Roth, 2000;Forbes & Jermier, 2010). As such, we extend prior studies of activism by conceptualizing firm responsiveness to environmental shareholder activists as a socio-cognitive reaction to activists' status and reputation characteristics.…”

Section: Theory and Hypothesesmentioning

confidence: 99%

Environmental Shareholder Activism

Perrault

Clark

2015

Organization & Environment

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Status and reputation have recently gained traction as theoretical mechanisms that, as important parts of decision processes, influence and explain firm behavior. In this study, we examine how environmentally concerned shareholder activists vary in their status and reputation, and how these differences affect firm responsiveness to their concerns. In a sample of 420 resolutions concerning the natural environment in the period 2004 to 2008, our results indicate that firms respond positively to shareholder activists' high status (a desirable characteristic) and also to their reputation to threaten the firm (an unfavorable characteristic). As such, our study advances a promising explanation to firm responsiveness on environmental issues, rooted in their interpretation of how activists' status and reputation affect their firm.

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Talking Trash: Legitimacy, Impression Management, and Unsystematic Risk in the Context of the Natural Environment

Cited by 521 publications

References 26 publications

Firm Size and Corporate Social Performance

Firm Size and Corporate Social Performance

Does commitment to environmental self-regulation matter? An empirical examination from China

Environmental Shareholder Activism

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