Firm strategic choice and sustainable development: Lessons from large public Latin American firms

Luis A. Perez-Batres, Van V. Miller, Michael J. Pisani

Research output: Contribution to conferencePaperpeer-review

Abstract

Utilizing a conservationist metaphor adapted from Moyle (1997), we observe the strategic "choice" of 207 large Latin American public firms to engage in sustainable development schemas. Specifically, we examine the regional interaction between firm-level mimetic and normative institutional theoretical pillars against global sustainable development (SD) initiatives-the United Nations Global Compact and the Global Report Initiative. Our results indicate global pressures drive normative responses towards the legitimization of firm-level SD initiatives, whereas local pressures influence mimetic responses towards the legitimization of firm-level SD initiatives both within the Latin American region.

Original languageEnglish
DOIs
StatePublished - 2009
Event69th Annual Meeting of the Academy of Management, AOM 2009 - Chicago, IL, United States
Duration: Aug 7 2009Aug 11 2009

Conference

Conference69th Annual Meeting of the Academy of Management, AOM 2009
Country/TerritoryUnited States
CityChicago, IL
Period08/7/0908/11/09

Keywords

  • Institutional theory
  • Strategic responses
  • Sustainable development

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