Factors influencing managers' environmental investment decisions: an empirical examination in the Australian offshore oil and gas industry
by Tapan Sarker
International Journal of Environmental Policy and Decision Making (IJEPDM), Vol. 2, No. 3, 2017

Abstract: The purpose of this paper is to investigate the effects on environmental investment decision-making of: a firm's regulatory climate, and information strategy. In a between participant 2 × 2 design, professional managers were randomly assigned to two of the four conditions of a fictitious company's regulatory climate (coercive government regulatory or industry selfregulatory climate) and information strategy (conventional accounting information or environmental accounting information). Managers from a sample of 52 offshore oil and gas companies in Australia were involved in the experiment. The study results find that both regulatory climate and information strategy have strong main effects on managers' environmental investment decision. However, contrary to the literature, these two variables have not shown any interaction effect on managers' environmental investment decision. The findings of this study are important to businesses and policy makers as they provide empirical evidence of the relative efficacy of environmental regulation and information strategy.

Online publication date: Wed, 19-Jul-2017

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Environmental Policy and Decision Making (IJEPDM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com