Please use this identifier to cite or link to this item:

Title: 跨部門企業環境投資的影響: 以正當性理論與 利害關係人理論分析台灣鋼鐵產業
Multi-sector Impact on Firm Environmental Investment: Legitimacy, Stakeholders and the Steel Industry in Taiwan
Authors: 沙颯
Sprole, Samantha
Contributors: 陳小紅
Chen, Nancy
Sprole, Samantha
Keywords: 鋼鐵產業
environmental management systems
corporate social responsibility
legitimacy theory
stakeholder theory
environmental governance
Date: 2015
Issue Date: 2015-09-01 16:31:06 (UTC+8)
Abstract: Contemporary research on corporate social responsibility (CSR) highlights its disputed effect on firm profitability and the determinants of environmental disclosure. Largely missing from these accounts is a critical look at stakeholders — particularly agents in the public, market, and voluntary sectors — and how they influence corporate investment in environmental management systems (EMS). This study explores CSR trends in Taiwan’s private-sector steel industry, focusing on small- and medium-sized enterprises (SMEs) with electric arc furnaces and contrasting them with the nation’s flagship industry conglomerate, China Steel. The research suggests that without a crisis of legitimacy or significant stakeholder pressure — particularly government pressure and pressure to retain ISO 14000 certification — SMEs see little incentive (and high costs) to build an effective EMS. Also, contextual factors in Taiwan pose both problems and opportunities for sustainable initiatives. Specifically, environmental laws are modern and strict, but administrative capacity to implement laws is not uniform island-wide. Also, activists and localized self-help groups pay less attention to SME steel firms and spend more effort over controversial industries like nuclear power, high-tech manufacturers and petrochemical companies. Still, government and cross-sector alliances sometimes take an active role in subsidizing EMS and promoting research and development. Using a mixed methods approach within the critical field of political ecology, the research concludes that economic concerns drive SME steel firm behavior, with changes in the scale of EMS development coming into play only in favorable cost-benefit scenarios and typically with substantial pressure emanating from the private and public sectors.
Reference: Agle, B.R., Mitchell, R.K. & Sonnenfeld, J.A. (1999). What matters to CEOs? An investigation of stakeholder attributes and salience, corporate performance, and CEO values. Academy of Management Journal, 42: 507-525.
Asian Productivity Association. (2001). Hazardous Waste Management Policies and Practices in Asian Countries. Tokyo: APO.
Babiak, K. & Trendafilova, S. (2010). CSR and environmental responsibility: Motives and pressures to adopt green management practices. Corporate Social Responsibility and Environmental Management, 18: 11-24.
Barkemeyer, R. (2007). Legitimacy as a key driver and determinant of CSR in developing countries. University of St. Andrews & Sustainable Development Research Centre (SDRC) School of Management, Fife, available via:
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17: 99-120.
Belal, A.R (2001). A study of corporate social disclosures in Bangladesh. Managerial Auditing Journal, 16(5): 274-289.
Blomback, A. & Wigren, C. (2009). Challenging the importance of size as determinant for CSR activities. Management of Environmental Quality, 20(3): 255-270.
Boyanov, B.S. & Baev, T.B. (2009). Utilization of zinc in powders from electric arc furnaces in steel production. Journal of Mining and Metallurgy, 45(1): 15-22.
Branco, M.C. & Rodriguez, L.L. (2006). Communication of corporate social responsibility by Portuguese banks: A legitimacy theory perspective. Corporate Communications: An International Journal, 11(3): 232-248.
Campbell, D.J. (2002). Legitimacy theory of managerial reality construction? Corporate social disclosure in Marks and Spencer PLC Corporate Reports, 1969-1997
Carroll, A. (1979). A three-dimensional conceptual model of corporate social performance. Academy of Management Review, 4: 497-505.
Carroll, A.B. (1998). The four faces of corporate citizenship. Business and Society Review, 100(1): 1-7.
Chan, E., Riley, M., Thomson, M.J., Evenson, E.J., (2003). Nitrogen oxides (NOx) formation and control in an electric arc furnace (EAF): Analysis with measurements and computational fluid dynamics (CFD) modeling. ISIJ International, 44(2): 429-438.
Chang, C.H., Liou, Y.C., Chang, C.Y., Chiang, A.C. & Lin, S.S. (2002). Scenario analysis of material flows of steel and iron for the steel industry in Taiwan and international comparison of per capita of use and intensity of use. Journal of the Chinese Institute of Environmental Engineering, 12(4): 325-335.
Cheng, T.W. (2003). Combined classification of EAF dust and incinerator fly ash. Chemosphere, 50: 47-51.
Child, J. & Tsai, T. (2005). The dynamic between firms’ environmental strategies and institutional constraints in emerging economies: evidence from China and Taiwan. Journal of Management Studies, 42(1): 95-125.
Chou, W.R. & Fang, L.S. (2005). The development of the decapod assemblage at a steel-slag disposal site with disturbance from a typhoon in Taiwan. Bulletin of Marine Science, 76(3): 637-646.
Chou, W.R., Tew, K.S. & Fang, L.S. (2002). Long-term monitoring of the demersal fish community in a steel-slag disposal area in the coastal waters of Kaohsiung, Taiwan. Journal of Marine Science, 59: 238-242.
Corbett, C.J. & Kirsch, D.A. (2000). ISO 14000: An agnostic’s report from the front line. ISO 9000 + 14000 News, 2: 4-17.
Corbett, C.J. & Kirsch, D.A. (2009). International Diffusion of ISO 14000 Certification. Production and Operations Management, 10(3): 327-342.
Donaldson, T., Preston, L. (1995). The stakeholder theory of the corporation: Concepts, evidence, and implications. Academy of Management Review, 20: 65-91.
Elias, A.A., Cavana, R.Y., Jackson, L.S. (2001). Stakeholder analysis to enrich the systems thinking and modeling methodology. Proceedings of the 2001 ISDC, Atlanta, GA.
Fleming, P. & Jones, M.T. (2013). The End of Corporate Social Responsibility. London: Sage.
Ferretti, I., Zanoni, S., Zavanella, L. (2008) Energy efficiency in a steel plant using optimization-simulation. Proceedings of 20th European Modeling & Simulation Symposium: Briatico, South Italy, 17-19 September 2008.
Fogler, R.H. & Nutt, F. (1975). A note on social responsibility and stock valuation. Academy of Management Journal. 18(1): 155-160.
Freeman, E.R. (1984). Strategic Management: A Stakeholder Approach. Boston, MA: Pitman.
Freeman, E.R. (2001). A stakeholder theory of the modern corporation. Perspectives in Business Ethics, 3 (full citation still needed)
Gardberg, N.A., Fombrun, C.J. (2006). Corporate citizenship: Creating intangible assets across institutional environments. Academy of Management Review, 31(2): 329-346.
Garriga, E., Mele, D. (2004). Corporate social responsibility theories: Mapping the territory. Journal of Business Ethics, 53: 51-71.
Gray, R., Owen, D. & Adams, C. (1996). Accounting and Accountability: Changes and Challenges in Corporate Social and Environmental Reporting. Harlow: Prentice Hall Europe.
Hart, S.L. (1995). A natural resource-based view of the firm. Academy of Management Review, 20(4): 986-1014.
Hearit, K.M. (1995). ‘Mistakes were made’: Organizations, apologia, and crises of social legitimacy. Communication Studies, 46(1-2): 1-17.
Hossain, M., Tan, L.M. & Adams, M.B. (1994). Voluntary disclosure in an emerging capital market: some empirical evidence from companies listed on the Kuala Lumpur stock exchange. The International Journal of Accounting, 29(4): 334-351.
Huang, C.L. & Kung, F.H. (2010). Drivers of environmental disclosure and stakeholder expectation: evidence from Taiwan. Journal of Business Ethics, 96(3): 435-451.
Huang, H.H. (2001). National Reports: Republic of China. From Hazardous Waste Management: Policies and Practices in Asian Countries. Tokyo: Asian Productivity Organization: 11-53.
Hsu, C.W. & Chiang, H.C. (2001). The government strategy for the upgrading of industrial technology in Taiwan. Technovation, 21(2): 123-132.
Jamali, D., Ramez, M. (2007). Corporate social responsibility (CSR): Theory and practice in a developing country context. Journal of Business Ethics, 72: 243-262.
Jones, T.M. (1980). Corporate social responsibility revisited, redefined. California Management Review, 22(2): 59-67.
Kaplan, S.E., Ruland, R.G. (1991). Positive theory, rationality and accounting regulation. Critical Perspectives on Accounting, 2(4): 361-374.
Key, S. (1999). Toward a new theory of the firm: A critique of stakeholder “theory.” Management Decision, 37(4): 317-328.
Lee, M.D. (2008). A review of the theories of corporate social responsibility: Its evolutionary path and the road ahead. International Journal of Management Reviews, 10(1): 53-73.
Little, P.E. (2007). Political ecology as ethnography: A theoretical and methodological guide. Horizontes Antropologicos, 3(se). Found online:
Ma, H.W., Hung, M.L., Chen, P.C. (2007). A systemic health risk assessment for the chromium cycle in Taiwan. Environment International, 33: 206-218.
Mathews, M.R. (1993). Socially Responsible Accounting. UK: Chapman & Hall.
Margolis, J.D. & Walsh, J.P. (2001). People and Profits? The Search for a Link Between a Company’s Social and Financial Performance. New York: Psychology Press.
Matten, D., Crane, A. (2005). Corporate citizenship: Toward an extended theoretical conceptualization. Academy of Management Review, 30(1): 166-179.
Matten, D., Moon, J. (2008). ‘Implicit’ and ‘explicit’ CSR: A conceptual framework for a comparative understanding of corporate social responsibility. Academy of Management Review, 33(2): 404-424.
Maxwell, J.W. & Decker, C.S. (2005). Voluntary environmental investment and responsive regulation. Environmental & Resource Economics, 33: 425-439.
McWilliams, A. & Siegel, D. (2000). Corporate social responsibility and financial performance: correlation or misspecification? Strategic Management Journal, 21(5): 603-609.
McWilliams, A. & Siegel, D. (2001). Corporate social responsibility: A theory of the firm perspective. Academy of Management Review, 26(1): 117-127.
Mitchell, R.K., Agle, B.R. & Wood, D.J. (1997). Toward a theory of stakeholder identification and salience: Defining the principle of who and what really counts. Academy of Management Review, 22(4): 853-886.
Moir, L. (2001). What do we mean by corporate social responsibility? Corporate Governance, 1(2): 16-22.
Moon, J., Crane, A. & Matten, D. (2005). Can corporations be citizens? Corporate citizenship as a metaphor for business participation in society. Business Ethics Quarterly: 429-453.
O’Donovan, G. (2002). Environmental disclosures in the annual report: Extending the applicability and predictive power of legitimacy theory. Accounting, Auditing & Accountability Journal, 15(3): 334-371.
Palazzo, G. & Scherer, A.G. (2006). Corporate legitimacy as deliberation: A communicative framework. Journal of Business Ethics, 66(1): 71-88.
Papasolomou-Doukakis, I., Krambia-Kapardis, M. & Katsioloudes, M. (2005). Corporate social responsibility: The way forward? Maybe not!: A preliminary study in Cyprus. European Business Review, 17(3): 263-279.
Parmar, B.L., Freeman, R.E., Harrison, J.S., Wicks, A.C., Purnell, L. & De Colle, S. (2010). Stakeholder theory: The state of the art. The Academy of Management Annals, 4(1): 403-445.
Perrini, F. (2006). SMEs and CSR theory: Evidence and Implications from an Italian Perspective. Journal of Business Ethics, 67(3): 305-316.
Preston, L. (1978). Analyzing corporate social performance: Methods and results. Journal of Contemporary Business, 7:135-150.
Ramasamay, B., Ting, H.W., Yeung, C.Y. (2007). Does it pay to be good in developing countries? The relationship between CSR and financial performance in Malaysia. Asian Academy of Management Journal of Accounting and Finance, 3(1): 21-36.
Rockness, J., Schlachter, P. & Rockness, H.O. (1986). Hazardous waste disposal, corporate disclosure, and financial performance in the chemical industry. Advances in Public Interest Accounting, 1: 167-191.
Roberts, J. (2011). Environmental Policy, 2nd ed. New York: Routledge.
Russo, M.V. & Fouts, P.A. (1997). A resource-based perspective on corporate environmental performance and profitability. Academy of Management Journal, 40(3): 534-559.
Schwartz, M.S., Carroll, A.B. (2003). Corporate social responsibility: A three-domain approach. Business Ethics Quarterly, 13(4): 503-530.
Suchman, M.C. (1995). Managing legitimacy: Strategic and institutional approaches. Academy of Management Review, 20: 571-610.
Suttipan, M., & Stanton, P. (2012). Determinants of environmental disclosure in Thai corporate annual reports. International Journal of Accounting and Financial Reporting, 2(1): 99-115.
Tilling, M.V. (2004). Refinements to legitimacy theory in social and environmental accounting. Commerce Research Paper Series, 4(6): 04-6.
Vayda, A.P. & Walters, B.B. (1999). Against political ecology. Human Ecology, 27(1): 167-179.
Waddock, S.A. & Graves, S.B. (1997). The corporate social performance-financial performance link. Strategic Management Journal, 18(4): 303-319.
Williams, J.F. & Chang, C.Y. (2008). Taiwan’s Environmental Struggle: Toward a Green Silicon Island. New York: Routledge.
Wood, D.J. (1991). Corporate social performance revisited. The Academy of Management Review, 16(4): 691-718.
Wood, D.J. & Jones, R.E. (1995). Stakeholder mismatching: A theoretical problem in empirical research on corporate social performance. The International Journal of Organizational Analysis, 3: 229-267.
Yang, F.J., Lin, C.W. & Chang, Y.N. (2010). The linkage between corporate social performance and corporate financial performance. African Journal of Business Management, 4(4): 406-413.
Yang, H.H., Lai, S.O., Hsieh, L.T., Hsueh, H.J., Chi, T.W. (2002). Profiles of PAH emission from steel and iron industries. Chemosphere, 48(10): 1061-1074.
Description: 碩士
Source URI:
Data Type: thesis
Appears in Collections:[亞太研究英語博/碩士學位學程(IDAS/IMAS) ] 學位論文

Files in This Item:

File SizeFormat
027101.pdf2951KbAdobe PDF436View/Open

All items in 學術集成 are protected by copyright, with all rights reserved.

社群 sharing