Bissett School of Business would like to congratulate Associate Professor, Paul Varella on the acceptance and presentation of his paper titled: Institutionalization of External Environmental Governance of Firms a Microfoundation Study.
This paper introduces a qualitative study that investigates microfoundational processes for
external green governance of corporations, societal external governance onto firms for
issues associated with the natural environment. The study investigates the agency of
professionals working in corporations and eNGOs and the related social structures
associated with green governance. We then evaluate, through a series of propositions, how
agency and social structures recursively overtime help shape the institutions aimed at
governing corporate sustainability. The content analysis of the interviews with 24 senior
level professionals in this study offers additional insights to how agency and social
structures interface, as institutions evolve into establishing different governing approaches
to corporate action with sustainability relevance. The study is relevant to help understand
institutionalization processes related to the natural environment, which is a critical aspect
to the sustainable growth of economies of emerging markets.
The presentation was on the topic of Business in Society: a Change of Paradigm. That conference track was organized by the Graduate School of Management (GSOM) of St. Petersburg University, on October 4, 2019. The conference was organized by GSOM in cooperation with the Academy of Business and Society (ABIS).