Abstract
Air pollution control has emerged as one of the key concerns of recent times and business firms are one of the significant stakeholders in deteriorating the quality of the natural environment. The purpose of this paper is to analyse the factors affecting the adoption of air pollution control measures across firms and contribute to the existing knowledge on pollution control among firms in the context of an emerging market. The analysis shows a significant association between enterprise characteristics and the adoption of air pollution control measures and about 44.3 percent firms have reported the adoption of air pollution control measures. Further, the marginal effect analysis indicates that firms older in age, larger in size and having shareholders’ equity are more likely to adopt air pollution control measures. Similarly, firms practising lean operations, investing in research & development, availing bank credit, having quality certification and having better capacity utilisation are more likely to adopt air pollution control measures. Finally, firms perceiving obstacles related to business licensing & permits, tax administration, political instability, and business closure due to COVID-19 outbreak are more likely to adopt air pollution control measures. Our study provides useful implications for managers, policymakers and researchers for encouraging air pollution control technologies across business firms. The study also motivates undertaking future research on pollution control measures across various sectors of the economy.
Published Version
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