Toward a Spatial Perspective on Business Sustainability: The Role of Central Urban and Environmentally Sensitive Areas in Energy Corporates' Green Behaviours

Abstract

As one of the most concerned topics in strategic management research, the motivations of energy corporates' green behaviours are extensively explored by scholars, however, only a few noticed the role of geographic antecedents. To bridge this gap, we argue that energy firms' green behaviours will be greatly predicted by its location, more specifically, proximity to environmentally sensitive areas and central urban areas. Draw on neo-institutional theory and stakeholder theory, we argue that institutional forces mediate the links between energy corporates' green behaviours and proximities, while different proximity affects via different institutional logics. The results are discussed along with managerial implications.