Adoption of corporate environmental policies in Turkey

Abstract

Drawing on a sample of 519 Turkish firms operating in a wide variety of industries, this study aims at investigating the adoption of corporate environmental policies in a key emerging country. To this end, we first develop a conceptual framework relying predominantly on the arguments of stakeholder and institutional perspectives. Secondly, we examine the moderating effects of a number of firm specific contingency factors on the implementation level of corporate environmental policies. Among the underlying dimensions of corporate environmental policies, stakeholder pressures is found to be the most important followed by environmental management practices, while sources of greenhouse gas emissions feature as relatively less important. Regarding the moderating effect of firm specific contingencies, only firm size and geographic location are noted to have a strong impact on the implementation of corporate environmental policies. © 2021 Elsevier B.V., All rights reserved.