Does the size of the firm matter in determining the adoption of green economy practices in India?

Jabir Ali, Sarbjit Singh
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Abstract

Purpose

This article aims at analysing the factors influencing the adoption of green economy practices across different sizes of firms in India.

Design/methodology/approach

This study is based on the World Bank Enterprise Survey 2022, covering 9,376 firms in India. The Poisson Count Regression Model has been used to analyse the factors affecting the adoption of green economy practices.

Findings

About 83 % of firms reported adopting at least one green practice in their business related to energy conservation, water management, pollution control and waste management and recycling. Research results reveal a significant association between the size of the firm and adoption of green economy practices. The impact of enterprise characteristics varies by firm size. For instance, female ownership positively affects adoption in large firms but negatively in small and medium-sized enterprises (SMEs). However, lean operations, research and development (R&D) spending and international quality certification positively influence green practices adoption for both SMEs and large firms. Perceived business obstacles show similar implications on green practices adoption by size of firms except access to finance, business licencing, tax rate and law and order affect SMEs while labour regulations, tax administration and political instability affect large firms.

Practical implications

This paper suggests implications for strengthening the adoption of green economy practices across firm sizes and provides opportunities for future research.

Originality/value

This study is based on a unique dataset derived from the World Bank Enterprise Survey 2022, which has included green economy indicators for the first time.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-11-2023-0918.

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在印度,企业规模对决定采用绿色经济做法是否重要?
目的 本文旨在分析影响印度不同规模企业采用绿色经济做法的因素。研究结果约有 83% 的企业表示在其业务中至少采用了一种与节能、水管理、污染控制以及废物管理和回收利用有关的绿色做法。研究结果表明,企业规模与绿色经济实践的采用之间存在重要关联。企业规模不同,企业特征的影响也不同。例如,女性所有权对大型企业采用绿色经济做法有积极影响,但对中小型企业则有消极影响。然而,精益运营、研究与开发(R&D)支出和国际质量认证对中小型企业和大型企业采用绿色做法都有积极影响。除了获得资金、营业执照、税率和法律秩序对中小企业有影响,而劳动法规、税务管理和政治不稳定对大型企业有影响外,不同规模的企业所感知到的商业障碍对绿色实践的采用有着相似的影响。原创性/价值本研究基于世界银行《2022 年企业调查》中的一个独特数据集,该数据集首次纳入了绿色经济指标。同行评议本文的同行评议历史见:https://publons.com/publon/10.1108/IJSE-11-2023-0918。
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来源期刊
CiteScore
3.20
自引率
5.30%
发文量
98
期刊介绍: The International Journal of Social Economics publishes original and peer-reviewed theoretical and empirical research in the field of social economics. Its focus is on the examination and analysis of the interaction between economic activity, individuals and communities. Social economics focuses on the relationship between social action and economies, and examines how social and ethical norms influence the behaviour of economic agents. It is inescapably normative and focuses on needs, rather than wants or preferences, and considers the wellbeing of individuals in communities: it accepts the possibility of a common good rather than conceiving of communities as merely aggregates of individual preferences and the problems of economics as coordinating those preferences. Therefore, contributions are invited which analyse and discuss well-being, welfare, the nature of the good society, governance and social policy, social and economic justice, social and individual economic motivation, and the associated normative and ethical implications of these as they express themselves in, for example, issues concerning the environment, labour and work, education, the role of families and women, inequality and poverty, health and human development.
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