Document Type
Article
Source of Publication
Business Strategy and the Environment
Publication Date
1-1-2024
Abstract
This study examines the nexus between business strategy and carbon emissions by utilising a dataset of U.S. firms from 2007 to 2020. It focuses on two broad types of firms, that is, prospectors and defenders. Regarding carbon emissions, we consider total emissions (Scope 1 & 2), direct emissions (Scope 1) and indirect emissions (Scope 2). The results reveal a significant association between business strategy and total carbon emissions as well as direct carbon emissions. Notably, the results suggest that prospectors, compared to defenders, display higher levels of total and direct carbon emissions. Our findings contribute to the debate on whether prospectors in developed countries mismanage sustainability issues. The study offers valuable insights into the interplay between business strategy and carbon emissions and provides empirical evidence that business strategy is an important determinant of total and direct carbon emissions.
DOI Link
ISSN
Publisher
Wiley
Disciplines
Business
Keywords
business strategy, defenders, direct carbon emissions, indirect carbon emissions, prospectors, U.S
Scopus ID
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Houqe, Muhammad Nurul; Abdelfattah, Tarek; Zahir-ul-Hassan, Muhammad Kaleem; and Ullah, Subhan, "Impact of business strategy on carbon emissions: Empirical evidence from U.S. firms" (2024). All Works. 6543.
https://zuscholars.zu.ac.ae/works/6543
Indexed in Scopus
yes
Open Access
yes
Open Access Type
Hybrid: This publication is openly available in a subscription-based journal/series