• Title/Summary/Keyword: Environmental Regulation of Government

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The Role of Government Regulations in Enhancing Corporate Social Responsibility Disclosure and Firm Value

  • FAISAL, Faisal;SITUMORANG, Lilis Suryani;ACHMAD, Tarmizi;PRASTIWI, Andri
    • The Journal of Asian Finance, Economics and Business
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    • 제7권8호
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    • pp.509-518
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    • 2020
  • This study investigates, first, whether the extent of corporate social and environmental responsibility disclosure (CSERD) differs between 2010 and 2014; second, whether government regulation affects the extent of CSERD; and, third, whether the CSERD is valued by investors. Content analysis method was used to extract 466 companies' annual reports to measure the extent of social and environmental responsibility disclosure based on the Global Reporting Initiative (GRI) checklist. Independent sample t-test and multivariate regression analysis were also conducted to test the differences of the extent of CSERD as well as determinants and consequence of CSERD. Our results show that the extent of CSERD in 2014 is 21.60 percent higher than in 2010 (13.39 percent). Government regulation has a significant effect on the extent of CSERD. This study also finds that market values positively CSER information disclosed by company. Given that government regulation has a positive impact, however, the findings of this study suggests that the extent of CSERD is still low. To enhance CSERD, government should continuously encourage companies to abide by the regulations as mandated. This study provides a more comprehensive insights of CSRED practices from an emerging country and the effect of government regulation in enhancing CSERD.

Impacts of Corporate Network Building and Strategic Learning for Environmental Management on Business Performance

  • Kim, Youngshim;Jung, Hyung-Shik
    • Journal of Multimedia Information System
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    • 제8권4호
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    • pp.267-276
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    • 2021
  • This study discovered the effects of strategic learning and network building on a company's environmental management performance. According to the results, the environmental awareness of the company and competition threats within the industry did not significantly affect the establishment of environmental strategy, whereas the consumer's sensitivity to the environment and the environmental regulation of the government did. The environmental awareness of the company and the consumer's sensitivity to the environment were found to greatly impact a company's network building. which is closely related with the utilization of multimedia system and technology. In addition, it was found that the establishment of corporate environmental strategy had a significant effect on network building and strategic learning, but network building did not significantly affect strategic learning, indicating a difference. Finally, corporate strategic learning affected environmental management performance, suggesting an importance in accumulating strategic learning capabilities to increase environmental management performance.

우리나라 제조기업의 환경경영시스템 도입에 대한 영향요인 연구 (The Influence Factors on the Adoption of Environmental Management Systems in Korean Manufacturing Firms)

  • 최종민
    • 경영과학
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    • 제31권2호
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    • pp.15-32
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    • 2014
  • This research empirically investigated the influence factors on the adoption of environmental management systems (EMS) in Korean manufacturing firms. In this study, the external factors (cause factors), the internal factors (facilitating factors) and the firm specific characteristics were integrally considered. In the factor analysis, the third item (regional society) of the external factors and the first item (environmental law) of government regulation were confounded with the items of the other factors. Thus, the confounded items were removed. In the second factor analysis, no items were replicated. The results of a multiple regression analysis showed that the influence factors such as government regulation, normative pressure, top management support, environmental strategy and employees' recognition, and ratio of large shareholders have a significant impact on the construction of EMS. However, the effects of the other firm specific characteristics were not statistically significant. We also examined whether both the number of environmental personnel and the allocation of environmental resources, which are directly related with the adoption of EMS, have a moderating impact on the relationships between other internal factors and the construction of EMS. With a subgroup analysis, the moderating roles of the number of environmental personnel were empirically confirmed. Through a multiple regression analysis, the direct effects of the external factors on the adoption or construction of the internal factors were demonstrated. The effects of government regulation, normative pressure and imitative pressure on the internal factors were significant and positive. Finally, in this study, the fact that the adoption of EMS can improve the environmental performance of a firm was also empirically found.

외국의 환경규제에 대한 대응전략 (Confrontation Strategy of International Environmental Regulation)

  • 이현용;송준엽;이승우;류병순
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2006년도 추계공동학술대회
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    • pp.361-365
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    • 2006
  • Air pollution problem has been one of the most urgent global environmental problems since UN Framework Convention on Climate Change accepted in Rio Conference, 1992. International environmental regulations of global community to reduce the green house gases have Influenced the domestic environmental policies. Recently, various policy have been made to cope with foreign environment restrction and active supports for development of related technology have been carried out in our government confrontation strategy still leaves much to be desired. In this paper, government confrontation program to climate agreement, counter strategies in motor and also electrics, electronics industries are investigated and discussed.

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악취 없는 도시 만들기: 서울 올림픽과 도시 악취 규제의 전환 (Making an Odorless City: The 1988 Seoul Olympic Games and the Transformation of Urban Odor Regulation)

  • 원주영
    • 과학기술학연구
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    • 제20권1호
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    • pp.1-38
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    • 2020
  • 1963년 「공해방지법」의 제정 이래 악취는 정부가 규제하고 관리해야 할 문제로 인식되었다. 다만 규제 대상으로서의 악취는 공장의 생산과정에서 배출되는 악취로 한정되었고, 생활 쓰레기나 하천의 오염으로부터 발생하는 생활악취는 오랫동안 규제 영역 바깥에 놓여 있었다. 본 논문은 환경 규제와 관련해 신체적 감각의 역할에 주목하는 과학 기술학의 논의를 따라 생활악취가 규제대상으로 포함되는 과정을 추적한다. 이를 위해 본 연구는 올림픽을 앞두고 발생한 악취 문제에 주목함으로써 악취가 부끄럽고 수치스러운 대상으로 여겨지게 되었으며, 악취 문제의 대응 과정에서 생활악취가 법적 규제의 대상으로 포함되었음을 보일 것이다.

제조기업의 환경혁신에 대한 원인요인과 촉진요인 (The Influence Factors on the Activation of Environmental Innovations in Manufacturing Firms)

  • 최종민
    • 경영과학
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    • 제32권3호
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    • pp.71-89
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    • 2015
  • This research empirically investigated the influence factors on the activation of environmental innovations (EI) in Korean manufacturing firms. In this study, external factors (compulsory demand, government regulation, normative pressure and imitative pressure) and internal factors (environmental resources, top management support, integration of environmental tasks, capabilities of environmental personnel, and environmental strategy/environmental management systems) were totally considered. The results of a multiple regression analysis showed that influence factors such as top management support, environmental resources and integration of environmental tasks have a significant and positive impact on levels of EI. However, the effects of external factors were not statistically significant. We also examined whether capabilities of environmental personnel as well as environmental resources, which are directly related with degrees of EI, have a moderating impact on relationships between other internal factors and levels of EI. With a subgroup analysis, the moderating role of abilities of environmental personnel were empirically confirmed. Through a multiple regression analysis, the direct effects of external factors on the adoption or construction of internal factors were demonstrated. The effects of government regulation, normative pressure and imitative pressure on internal factors were significant and positive. It was also found that external factors have indirect effects on EI through internal factors. Finally, the results of multiple regression analyses indicated that EI positively influences the achievement of environmental competitive benefits, and environmental competitive advantages can improve the organizational performance of a firm.

Environmental Quality in Indonesia: Disruption by Economic Agents

  • AZWARDI, Azwardi;SUKANTO, Sukanto;ADNAN, Nazeli;KURNIAWAN, Arika
    • Asian Journal of Business Environment
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    • 제12권1호
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    • pp.17-24
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    • 2022
  • Purpose: This study aims to determine the effect of economic agents, such as the amount of government expenditure on the environment, households, manufacturing industry, and shipping activities; on environmental degradation in Indonesia. Research design, data, and methodology: This study is conducted with 264 observations from panel data of 33 provinces during 2010-2017. Environmental degradation is measured by using the environmental quality index collected from Indonesian Ministry of Forestry and Indonesian Central Bureau of Statistics. Three testing models are used to test the panel data, namely Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM). Results: The research findings show that the amount of government expenditure on the environment, households, and shipping activities have a negative and significant effects on environmental degradation, while the number of manufacturing industry has positive and significant effect on environmental degradation. Unlike the previous studies, the result also shows that government expenditure on environmental has a positive and significant effect on environmental quality index. Conclusion: It can be concluded that even though Indonesian government spent a low budget on environment, their environmental regulation has succeeded both in reducing environmental degradation and increasing the environmental quality as indicated by Indonesian environmental quality index.

한국 환경행정기능의 정부간 적정배분에 관한 연구 - $2001{\cdot}2003$년 환경행정공무원의 인식에 대한 비교를 중심으로 - (A Study of Appropriate Devolution of Environmental Administrative Functions in Korea - Focused on the Transition of Environmental Official's Perception between 2001 and 2003 years -)

  • 정용택;이성복;김종오;손부순
    • 환경위생공학
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    • 제20권4호통권58호
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    • pp.31-37
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    • 2005
  • The objective of this study is to analyze and suggest the policy on devolution of environmental administrative function between central and local government in Korea. This study also research to make the prospect of power from central government to local government's officers by analyzing the characteristics and contents, standards of local devolution and the attitudes of central and local governments on its process from September 2001 to April 2003. The date collected from the more than 675 questionnairs of government officers included as the Ministry of Environment and local government. The date also collected from interview and field survey. The questionnaire had collected in two times between 2001 and 2003. The environmental administrative function has reallocated from central government to local government since 2001. The devolution focused on simple implemental services and institutional delegated services might result in the lack of initiative and locality of local governments. Therefore, devolution should be proceed towards reinforcing the decision-making capacity and financial and manpower of local government. This paper also showed the weakness on speciality and experience on local bureaucratic in Korean society. This study announced that local government's officer has appeared the negative impact on environmental regulation and the conflict between central and local government.

미세먼지 관리기준과 발생원별 관리방안 (Regulation Standard of Fine Particles and Control Techniques of Emission Sources)

  • 박해우;조영민
    • 한국대기환경학회지
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    • 제29권4호
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    • pp.486-503
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    • 2013
  • This paper has comprehensively reviewed fine dust control technology from emission sources. Owing to the stringent national regulation, domestic industries have made consistent efforts to develop the high efficiency facilities since 1960s. In these days, harmful particulate pollutants including dioxins and PAHs as well as $PM_{2.5}$ are also of critical interests in government and civic groups. In addition, simultaneous treatment of gas and particles is being widely studied. It is believed that hybrid facilities which integrate a few advanced equipment may meet the atmospheric guidelines.

한국 환경산업혁신체제의 혁신성과에 대한 영향 분석 (An Analysis of the Influence of Korean Environmental Sectoral System of Innovation on Innovative Performances)

  • 류재호;김근우;박중구
    • 에너지공학
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    • 제29권1호
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    • pp.85-99
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    • 2020
  • 본 논문은 한국의 환경기업을 대상으로 산업혁신체제(Sectoral System of Innovation, SSI)를 구성하는 기술체제·시장수요·네트워크·제도 등의 요소가 제품·공정·조직·마케팅·환경 등의 혁신성과에 미치는 영향을 분석한다. 이를 위해 한국 환경기업을 대상으로 설문조사를 실시하였으며, 201개 기업의 응답자료를 대상으로 다중회귀분석을 실시하였다. 분석의 결과, ① 한국 환경기업의 제품혁신은 환경SSI 요소 중 내부기술축적과 시장수요 대응정도 등에 의해서 긍정적인 영향을 받고 있는 반면, 외부지식활용, 시장경쟁, 시장주체 간과 비시장주체 간 네트워크, 정부지원과 규제 등에 의해서는 영향을 받지 않는 것으로 나타났다. ② 공정혁신은 내부기술축적, 비시장주체 간 네트워크, 규제 등에 의해서 긍정적인 영향을 받고 있으나, 외부지식활용, 시장수요 대응정도, 시장경쟁, 시장주체 간 네트워크, 정부지원 등에 의해서는 영향을 받지 않는 것으로 나타났다. ③ 조직혁신은 내부기술축적, 외부지식활용, 규제 등에 의해서 긍정적인 영향을 받고 있는 반면, 시장수요 대응정도, 시장경쟁, 시장주체 간 및 비시장주체 간 네트워크, 정부지원 등에 의해서는 영향을 받지 않는 것으로 나타났다. ④ 마케팅혁신은 내부기술축적, 비시장주체 간 네트워크, 정부지원 등에 의해서 긍정적인 영향을 받고 있는 반면, 외부지식활용, 시장수요 대응정도, 시장경쟁, 시장주체 간 네트워크, 규제 등에 의해서는 영향을 받지 않는 것으로 나타났다. 마지막으로, ⑤ 환경혁신은 외부지식활용과 규제 등에 의해서 긍정적인 영향을 받고 있으나, 시장경쟁에 의해서는 부정적인 영향을 받고 있으며, 내부기술축적, 시장수요 대응정도, 시장주체 간 및 비시장주체 간 네트워크, 정부지원 등에 의해서는 영향을 받지 않는 것으로 나타났다. 이러한 분석결과에 대응한 정책적 시사점으로는 ① 시장측면에서 융·복합 기술적용과 새로운 규제 도입 등을 통해 창출되는 시장을 개척하여 내수를 확대하는 한편, 해외시장 개척을 지원할 필요가 있다. ② 수요연계형 공동연구개발 등 환경시장주체 간 생태계 구축을 활성화할 필요가 있다. ③ 정부의 정책이 규제 외에 지원을 더욱 강화할 필요가 있다. 본 논문은 기업의 실질통계 확보가 어려워 설문조사를 활용한 분석이라는 점에서 한계가 있으며, 향후 환경SSI 요소들 간의 상호영향관계를 분석하는 추가적인 연구가 필요하다.