As one of the major energy-consuming countries, China is under great pressure to reduce energy consumption and carbon emissions. Companies, especially those with high energy consumption, are considered as key elements to improve energy efficiency. Although the Chinese government has made many related policies, there are still a substantial number of companies that have not adopted proactive energy-saving activities. Thus, it is important to study factors influencing firms’ energy-saving behavior. Drawing on institutional theory, we build a model to explore the relationship between external pressures and firms’ energy-saving behavior. Importantly, we investigated the role of top management support in linking external pressures to firms’ energy-saving behavior and the moderating role of financial slack. The model was empirically examined using survey data collected from firms in China. Results show that top management support positively influences firms’ energy-saving behavior. Command-and-control instruments, mimetic pressure and financial slack influence firms’ energy-saving behavior through top management support, whereas incentive pressure and normative pressure have direct effects on firms’ energy-saving behavior. Furthermore, financial slack positively moderates the effect of top management support on firms’ energy-saving behavior. Based on the empirical results, policy implications on how to promote firms’ energy-saving behavior are discussed.
Energy Policy – Elsevier
Published: Apr 1, 2018
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera