Determinants and outcome of a Clean Development Mechanism in Malaysia

Zainuddin, Z. and Zailani, S. and Govindan, K. and Iranmanesh, M. and Amran, A. (2017) Determinants and outcome of a Clean Development Mechanism in Malaysia. Journal of Cleaner Production, 142. pp. 1979-1986. ISSN 0959-6526

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Official URL: http://dx.doi.org/10.1016/j.jclepro.2016.11.086

Abstract

The Clean Development Mechanism (CDM) enables transferring technology from developed countries to developing countries, such as Malaysia, and simultaneously promotes sustainable growth. Although this has been proven, the contribution of Malaysian companies in CDM projects is low. Therefore, this study has been aimed at investigating the determinants of CDM adoption and its impact on companies' performances. Data were gathered by surveying 91 companies in the energy, agriculture, and forestry sectors in Malaysia implementing CDM projects. The data were analysed using the partial least squares technique. The results show that environmental regulations, competitiveness, and financial benefits have a positive impact on CDM implementation. Additionally, this study reported a significant positive effect of CDM implementation on economic performance. This paper extends the knowledge on the determinants and financial outcome of CDM implementation. The information given in this research might be beneficial for policy makers and managers in modifying tactics and strategies towards successful promotion of the CDM in developing countries.

Item Type: Article
Uncontrolled Keywords: Clean Development Mechanism; Emerging economy; Malaysia
Subjects: H Social Sciences > HF Commerce
Divisions: Faculty of Arts and Social Sciences
Faculty of Business and Accountancy
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 08 Jun 2018 00:38
Last Modified: 08 Jun 2018 00:38
URI: http://eprints.um.edu.my/id/eprint/18843

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