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Sustainability 2013, 5(6), 2693-2721; doi:10.3390/su5062693

Moving Beyond Profit: Expanding Research to Better Understand Business Environmental Management

Portland Extension Activities, Oregon Institute of Technology, 27500 SW Parkway Avenue, Portland, OR 97070, USA
Received: 10 April 2013 / Revised: 1 June 2013 / Accepted: 6 June 2013 / Published: 19 June 2013
(This article belongs to the Special Issue Green Business: Opportunities and Challenges for Sustainability)
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Abstract

An extensive economics literature has examined business environmental management to identify characteristics and external institutional stakeholder pressures that influence management decisions. Frequently, it is assumed that profit pursuit is the goal, and organizations subject to the same pressures respond similarly. Studies have identified a narrow set of influential stakeholders, but have revealed that organizations respond differently to them. Recent research shows that an important moderating influence is the manager’s attitude toward environmental protection, which may explain differing organizational responses, and that managers may perceive the ability to obtain utility beyond increased profit from engaging in strategic environmental management. A comprehensive framework for assessing moderating perceptions is lacking, but recent research combining institutional theory and utility maximization shows increased explanatory power and exposes the relative importance of manager perceptions. This paper synthesizes economics and management literature on institutional determinants of environmental management, utility maximization, and attitudes and behavior to illustrate the usefulness of an integrated approach for both disciplines. View Full-Text
Keywords: Environmental management; voluntary environmental management; environmental attitudes; management environmental attitudes; institutional theory; institutional factors; utility maximization Environmental management; voluntary environmental management; environmental attitudes; management environmental attitudes; institutional theory; institutional factors; utility maximization
This is an open access article distributed under the Creative Commons Attribution License (CC BY 3.0).

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Jones, C. Moving Beyond Profit: Expanding Research to Better Understand Business Environmental Management. Sustainability 2013, 5, 2693-2721.

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