Drawing on the strategic choice and the resource-based view perspectives, results were reported from a survey of VEM practices–a specific form of self-governance–drawing on a sample of 519 Turkish firms from various industries to identify important strategic antecedents of firms’ decisions to engage in such practices.
Professor Lenny Koh commented “Our study put an important spotlight on advancing the understanding of why firms practice voluntary environmental management within an emerging market.
Our study found as firms become more customer-focused, seek differentiation and subject to a higher level of strategy-oriented stakeholder focus, they tend to implement higher levels of voluntary environmental management practices.”