Stef, N., Arfaoui, N., Ben Jabeur, S. et al. (1 more author) (2025) Institutional quality and firms’ recycling performance. Journal of Environmental Management, 386. 125801. ISSN 0301-4797
Abstract
The institutional environment can play a crucial part in the adoption of recycling practices by firms. Drawing on a sample of 1096 nonfinancial listed firms operating in 40 countries over the period 2012–2024, our study investigates the effects of institutional stability (political stability and confidence in the rule of law) and institutional conduciveness (free and fair corporate governance, a liberal market and an effective administrative infrastructure) on corporate recycling performance. Estimates reveal that listed firms tend to recycle a larger proportion of their waste in countries with a high level of political accountability that are also politically more stable. In such countries, the voting power of citizens can put pressure on politicians to monitor more effectively the waste management of large listed firms. Therefore, political actors can have a major role in increasing a firm's level of recycled waste by providing a more predictable political agenda and by monitoring more effectively the ecological impact of firms.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | This is an author produced version of an article accepted for publication in Journal of Environmental Management made available under the terms of the Creative Commons Attribution License (CC-BY), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. |
Keywords: | Institutions; Firm; Recycled waste; Circular Economy; Climate Change |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Economics Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 22 May 2025 13:04 |
Last Modified: | 22 May 2025 13:04 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.jenvman.2025.125801 |
Sustainable Development Goals: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:226922 |