AIB 2012 Conference Proceedings - Academy of International ...

MONDAY
Empirical studies that have focused on the determinants of voluntary environmental management practices
(VEMPs) of MNE subsidiaries operating in emerging countries have been rare. The present study explores the
antecedent factors that drive MNE subsidiaries, located in a key emerging country – Turkey, to adopt voluntary
environmental management practices. Drawing largely on the arguments of institutional theory and resource
based view of organizations, a number of hypotheses are formulated to investigate the effects of stakeholder
pressures, perceived polluting potential, customer focus and competitive intensity. With the exception of
competitive intensity, all three factors are noted to positively influence the adoption level of VEMPs by MNE
subsidiaries. Some of the parent-level and subsidiary-level control variables are also found to have significant
effects on MNE subsidiaries' extent of VEMPs adoption. (For more information, please contact: Erkan Bayraktar,
Bahcesehir University, Turkey: erkan.bayraktar@bahcesehir.edu.tr)
How Global Level Public Policy Impacts Domestic Clean Energy Technology Development
Joel Malen, University of Minnesota
Increasing levels of global integration suggest that foreign policy choices are relevant to firms operating outside
of the national context. This paper examines the conditions and mechanisms underlying how the adoption of
policies supporting clean energy development by foreign governments influences the emergence of domestic
industries focused on the development of clean energy technologies. We argue that foreign policies influence
how favorable a domestic environment is for clean energy technology development in two ways. First, greater
adoption of supportive clean energy policies in the global environment directly supports domestic industry
emergence by increasing the total market size as well number of markets for new clean energy technology
products and services. Second, a greater level of global policy indirectly works to enhance the effectiveness of
domestic policies. Using a panel dataset on venture capital investing in solar energy firms and government
policy adoption, We find empirical support for both effects. (For more information, please contact: Joel Malen,
University of Minnesota, USA: male0110@umn.edu)
Nonmarket Institutional Pressures and the Frequency of Nonmarket Actions: Evidence from Foreign Owned
Firms
Cosmina Lelia Voinea, Radboud University Nijmegen
Hans van Kranenburg, Radboud University Nijmegen
This paper explores the relation and sources of variation in the strength of institutional pressures and
nonmarket actions. Based on institutional, international business and corporate political strategy literature, we
explore institutional factors explaining pressures from six types of institutions: national regulators, political
institutions, standards agencies, interest groups, the media supranational regulators, on the frequency of
nonmarket actions undertaken by foreign owned firms to deal with these pressures in an open regionally
integrated economy. Evidence is provided by a survey sample of 160 foreign owned firms operating in the
Netherlands. Results show that four types of institutions have the highest explanatory value for an increase in
frequency of nonmarket actions are national regulators, standards agencies, interest groups, and the media
along with the specific institutional factors elucidating these effects. Empirical outcome also indicates a strong
dependency of national level institutions on the supranational echelon. This study further contributes to the
discussion of plausible explanations for why firms adopt nonmarket actions. (For more information, please
contact: Cosmina Lelia Voinea, Radboud University Nijmegen, Netherlands: c.voinea@fm.ru.nl)
AIB 2012 Conference Proceedings
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