Do energy and firm characteristics matter for sustainable development practices? An empirical evidence
International Journal of Energy Sector Management
ISSN: 1750-6220
Article publication date: 27 September 2021
Issue publication date: 11 May 2022
Abstract
Purpose
This study aims to examine whether energy governance mechanisms, energy consumption, energy poverty and firm characteristics do matter for sustainable development practices.
Design/methodology/approach
The study uses a cross-sectional survey of production managers, engineers and chief finance officers of firms under the Uganda Manufacturers Association. The data analysis was mainly done using the partial least squares structural equation modeling.
Findings
The regression analysis results indicate that ownership structure, capital structure, energy governance mechanisms, energy poverty and energy consumption do matter for improved sustainable development practices. Firm age does not significantly matter for sustainable development practices.
Originality/value
This study provides initial evidence on what matters for improvement in sustainable development practices using evidence from developing African countries such as Uganda whose major focus is the attraction of foreign investors. Such countries focus on improvement in economic growth at the expense of social and environmental concerns.
Keywords
Acknowledgements
We wish to acknowledge the Norad-NORHED Research Grant for Capacity Building in Education and Research for Economic Governance in Uganda (QZA-0486-13/0017). We are also grateful to the Editor, International Journal of Energy Sector Management and the two anonymous reviewers for the timely feedback and constructive comments.
Citation
Kaawaase, T.K., Kaawaase, T.K., Bananuka, J., Tumwebaze, Z. and Musimenta, D. (2022), "Do energy and firm characteristics matter for sustainable development practices? An empirical evidence", International Journal of Energy Sector Management, Vol. 16 No. 4, pp. 747-773. https://doi.org/10.1108/IJESM-03-2021-0007
Publisher
:Emerald Publishing Limited
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