Drivers of environmental regulation costs and their perception by firms : evidence from Slovenia

Lah, Lenart Milan (avtor), Kotnik, Žiga (avtor)

This study explores the driving forces behind environmental regulation costs and the factors influencing managers’ perceptions of these costs. Drawing from a literature review, a theoretical model was constructed to identify factors influencing the size of environmental regulation costs and firms’ perceptions thereof. The study uses data from a survey of 198 Slovenian firms subject to environmental regulations. Structural equation modeling (SEM) was applied to test and estimate the causal relationships among the identified factors. The results reveal that environmental regulatory obligations and firm size are the most dominant factors affecting the costs of environmental regulation. Regulatory complexity has the greatest impact on firms’ cost perceptions, followed by firm size, institutional quality, and actual costs of environmental regulation, with the latter having a surprisingly weak impact on perceptions. Following managerial cognition theory, the study recommends simplifying regulations while integrating financial and non-financial measures and environmental awareness into regulatory frameworks and corporate strategies to encourage a more proactive environmental performance. This approach aims to enhance firms’ management of environmental regulation costs and perceptions, offering a comprehensive framework for understanding their multifaceted nature.

• Jezik: Angleški jezik
• Ključne besede: environmental regulatory costs, environmental regulation, Slovenian firms, institutional theory, resource-based view
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: FU - Fakulteta za upravo
• Status publikacije: Objavljeno
• Različica publikacije: Objavljena publikacija
• Leto izida: 2025
• Št. strani: 10 str.
• Številčenje: Vol. 501, art. 145274
• PID: 20.500.12556/RUL-168032
• UDK: 504.05:658.14/.17:005.96(497.4)
• ISSN pri članku: 1879-1786
• DOI: 10.1016/j.jclepro.2025.145274
• COBISS.SI-ID: 229957891
• Datum objave v RUL: 26.03.2025

Gradivo je del revije

• Naslov: Journal of cleaner production
• Skrajšan naslov: J. clean. prod.
• Založnik: Elsevier
• ISSN: 1879-1786
• COBISS.SI-ID: 23108357

Licence

• Licenca: CC BY-NC-ND 4.0, Creative Commons Priznanje avtorstva-Nekomercialno-Brez predelav 4.0 Mednarodna
• Povezava: http://creativecommons.org/licenses/by-nc-nd/4.0/deed.sl
• Opis: Najbolj omejujoča licenca Creative Commons. Uporabniki lahko prenesejo in delijo delo v nekomercialne namene in ga ne smejo uporabiti za nobene druge namene.

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: stroški okoljskih predpisov, okoljska regulativa, energijski prehod, institucionalna teorija, na virih temelječ pogled

Projekti

• Financer: ARIS - Javna agencija za znanstvenoraziskovalno in inovacijsko dejavnost Republike Slovenije
• Številka projekta: P2-0426
• Naslov: Digitalna preobrazba za pametno javno upravljanje

• Financer: ARIS - Javna agencija za znanstvenoraziskovalno in inovacijsko dejavnost Republike Slovenije
• Številka projekta: J5-4576
• Naslov: Integriran pristop za hkratno reševanje okoljske in gospodarske krize