Skip to Main content Skip to Navigation
Journal articles

MNES and climate change : exploring institutional failures and embeddedness

Jonatan Pinkse 1 Ans Kolk 2 
1 Energy Management
MTS - Management Technologique et Strategique
Abstract : This paper explores how climate change affects MNEs, focusing on the challenges they face in overcoming liabilities and filling institutional voids related to the issue. Climate change is characterized by institutional failures because there is neither an enforceable global agreement nor a market morality. Climate change is also a distinctive 'international business' issue as its institutional failures materialize differently in different countries. As governments are still highly involved, MNEs need to carefully consider their strategies to cope with nonmarket forces, including their embeddedness in multiple institutional settings. Using some illustrative examples of MNE responses to climate-related components in stimulus packages, we explore MNEs' balancing act concerning their institutional embeddedness (or lack thereof) in home, host and supranational contexts as input for further research on the dynamics of MNE activities in relation to climate change
Document type :
Journal articles
Complete list of metadata
Contributor : Magali Michel Connect in order to contact the contributor
Submitted on : Tuesday, June 12, 2012 - 3:14:00 PM
Last modification on : Friday, August 5, 2022 - 2:34:23 PM
Long-term archiving on: : Thursday, December 15, 2016 - 1:43:50 PM


Files produced by the author(s)




Jonatan Pinkse, Ans Kolk. MNES and climate change : exploring institutional failures and embeddedness. Journal of International Business Studies, Palgrave Macmillan, 2012, 43, pp.332-341. ⟨10.1057/jibs.2011.56⟩. ⟨hal-00707360⟩



Record views


Files downloads