On creating an environmentally driven mode of business development: empirical evidence
(English)Manuscript (preprint) (Other academic)
This article presents the findings of an empirical study of 31 large Swedish corporate groups listed on the stock exchange. The purpose of the study was to investigate how strategies, management control systems, and management attitudes influence the possibilities for creating an environmentally driven mode of business development. According to the study, the chances of establishing an environmentally driven mode of business development are substantially better at corporate groups where corporate strategy emphasizes activity sharing and business-unit strategy emphasizes differentiation. The outlook also improves considerably if control is well integrated in the sense that the overall corporate management control system includes information from the environmental management system at the business-unit level. Such integration is easier if the management control system and the environmental management system are similarly designed and used. More, if the mode of business development is to be environmentally drive, corporate and business-unit management should have a favorable attitude toward systematic involvement in environment-related activities.
IdentifiersURN: urn:nbn:se:liu:diva-36405Local ID: 31267ISBN: 91-85295-82-5OAI: oai:DiVA.org:liu-36405DiVA: diva2:257253
An earlier version of this paper has been presented at The 23rd Annual Conference of the European Accounting Association, Munich, Germany, 29-31 March, 20002009-10-102009-10-102013-11-22