Environmental Sustainability Practices and Exports: The Interplay of Strategy and Institutions in Latin America

Arora, Punit, and Prabal De. "Environmental sustainability practices and exports: The interplay of strategy and institutions in Latin America." Journal of World Business 55.4 (2020): 101094.

42 Pages Posted: 30 Jun 2020

See all articles by Punit Arora

Punit Arora

City University of New York

Prabal K. De

City College of New York; CUNY Graduate Center

Date Written: June 4, 2020

Abstract

We integrate institutional economics with stakeholder theory to examine the antecedents and outcomes of Environmental Sustainability Practices (ESP) for small and medium enterprises in Latin America. We find that these firms primarily engage in ESP to succeed in export markets. We also find that this is especially true when firms demonstrate organizational agency by adopting complementary strategies such as obtaining international quality certifications to develop credibility among stakeholders. Lastly, their cause receives a further boost when they are based in institutional environments that are known for strong democratic voice and accountability mechanisms. In elucidating the interplay of strategy and institutions, we suggest the need to better integrate organizational agency into institutional theory and institutional environment into stakeholder theory.

Keywords: Environmental Sustainability Practices (ESP); Sustainability; Emerging Markets, Small and Medium Enterprises (SMEs), Institutional environment, Organizational agency

JEL Classification: m14, m16, m20, m21

Suggested Citation

Arora, Punit and De, Prabal, Environmental Sustainability Practices and Exports: The Interplay of Strategy and Institutions in Latin America (June 4, 2020). Arora, Punit, and Prabal De. "Environmental sustainability practices and exports: The interplay of strategy and institutions in Latin America." Journal of World Business 55.4 (2020): 101094., Available at SSRN: https://ssrn.com/abstract=3619120

Punit Arora (Contact Author)

City University of New York ( email )

160 Convent Ave
NA 4/120
New York, NY 10031
United States
2126508502 (Phone)

Prabal De

City College of New York ( email )

Convert Avenue at 138th Street
New York, NY 10031
United States

CUNY Graduate Center ( email )

365 Fifth Avenue, 5th Floor
New York, NY 10016
United States

HOME PAGE: http://https://prabal.commons.gc.cuny.edu/

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
17
Abstract Views
115
PlumX Metrics