Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective
Stakeholders are increasingly concerned about climate change and companies’ commitment to anticipate future carbon-related risks, and grant or withdraw support depending on their perceptions of firms’ carbon performance. The aim of this research is to analyse which carbon-related factors influence s...
| Main Authors: | , , , |
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| Format: | info:eu-repo/semantics/article |
| Language: | English |
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MDPI
2020
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10835/7626 |
| _version_ | 1789406710656401408 |
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| author | Galán Valdivieso, Federico Saraite Sariene, Laura Alonso Cañadas, Juana Caba Pérez, María del Carmen |
| author_facet | Galán Valdivieso, Federico Saraite Sariene, Laura Alonso Cañadas, Juana Caba Pérez, María del Carmen |
| author_sort | Galán Valdivieso, Federico |
| collection | DSpace |
| description | Stakeholders are increasingly concerned about climate change and companies’ commitment to anticipate future carbon-related risks, and grant or withdraw support depending on their perceptions of firms’ carbon performance. The aim of this research is to analyse which carbon-related factors influence stakeholders with regards to the legitimacy-granting process. The sample in this study includes 146 firms from North America and Europe committed to carbon mitigation, whose legitimacy is measured via social media interactions. Findings show that setting a corporate carbon policy and disclosing an internal price of carbon are positively linked to legitimacy, while other factors are negatively or not related to legitimacy. This study makes theoretical contributions, proposing a metric based on social media stakeholder engagement to measure corporate legitimacy, as well as practical implications, revealing which carbon information shapes stakeholders’ perception of firms’ climate performance, and opening new possibilities for future research. |
| format | info:eu-repo/semantics/article |
| id | oai:repositorio.ual.es:10835-7626 |
| institution | Universidad de Cuenca |
| language | English |
| publishDate | 2020 |
| publisher | MDPI |
| record_format | dspace |
| spelling | oai:repositorio.ual.es:10835-76262023-04-12T19:10:00Z Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective Galán Valdivieso, Federico Saraite Sariene, Laura Alonso Cañadas, Juana Caba Pérez, María del Carmen corporate carbon policy carbon management stakeholder engagement Carbon Disclosure Project Facebook corporate legitimacy Stakeholders are increasingly concerned about climate change and companies’ commitment to anticipate future carbon-related risks, and grant or withdraw support depending on their perceptions of firms’ carbon performance. The aim of this research is to analyse which carbon-related factors influence stakeholders with regards to the legitimacy-granting process. The sample in this study includes 146 firms from North America and Europe committed to carbon mitigation, whose legitimacy is measured via social media interactions. Findings show that setting a corporate carbon policy and disclosing an internal price of carbon are positively linked to legitimacy, while other factors are negatively or not related to legitimacy. This study makes theoretical contributions, proposing a metric based on social media stakeholder engagement to measure corporate legitimacy, as well as practical implications, revealing which carbon information shapes stakeholders’ perception of firms’ climate performance, and opening new possibilities for future research. 2020-01-20T09:26:25Z 2020-01-20T09:26:25Z 2019-02-22 info:eu-repo/semantics/article 2071-1050 http://hdl.handle.net/10835/7626 en https://www.mdpi.com/2071-1050/11/4/1161 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess MDPI |
| spellingShingle | corporate carbon policy carbon management stakeholder engagement Carbon Disclosure Project corporate legitimacy Galán Valdivieso, Federico Saraite Sariene, Laura Alonso Cañadas, Juana Caba Pérez, María del Carmen Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective |
| title | Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective |
| title_full | Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective |
| title_fullStr | Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective |
| title_full_unstemmed | Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective |
| title_short | Do Corporate Carbon Policies Enhance Legitimacy? A Social Media Perspective |
| title_sort | do corporate carbon policies enhance legitimacy? a social media perspective |
| topic | corporate carbon policy carbon management stakeholder engagement Carbon Disclosure Project corporate legitimacy |
| url | http://hdl.handle.net/10835/7626 |
| work_keys_str_mv | AT galanvaldiviesofederico docorporatecarbonpoliciesenhancelegitimacyasocialmediaperspective AT saraitesarienelaura docorporatecarbonpoliciesenhancelegitimacyasocialmediaperspective AT alonsocanadasjuana docorporatecarbonpoliciesenhancelegitimacyasocialmediaperspective AT cabaperezmariadelcarmen docorporatecarbonpoliciesenhancelegitimacyasocialmediaperspective |