Home  Journals  National Interests: Priorities and Security  4(337) - 2016 April

Non-financial incentives for effective environmental protection activities of entities

Vol. 12, Iss. 4, APRIL 2016

Article PDF Version

Received: 16 November 2015

Received in revised form: 21 January 2016

Accepted: 17 February 2016

Available online: 28 April 2016

Subject Heading: ECONOMIC POLICY OF THE STATE

JEL Classification: Q19, Q58

Pages: 4-17

Importance Russia's national priorities encompass environmentally sustainable growth in economy, preservation of favorable environment, biological diversity and natural resources. The article discusses non-financial incentives for enthusiastic and effective natural protection, that is a premise for sustainable development. Tax incentives remain a turning point for entities to adopt better technologies. However, moral motivation is underestimated. It is necessary to reasonably combine economic and non-economic administration measures.
Objectives The research analyzes the cause-and-effect relations in moral and ethical encouragement and intangible natural values, and formulates the concept of non-financial incentives for environmental protection. We identify and examine considerable moral and psychological motives for environmentally responsible behavior of businesses. The article systematizes and describes tools the State uses to encourage entities in a non-financial manner, develops a matrix map for strategic positioning of the government-business cooperation.
Results We summarized practices of non-financial incentives for environmentally sustainable development of entities, and propose a hands-on tool for strategic analysis of the government-business cooperation scenarios to address environmental protection and environmental security issues.
Conclusions and Relevance Environmental agencies and committees can use the proposed approach to classify non-financial incentives for environmental protection and the matrix map to evaluate the government-business partnership scenarios, in their regional and federal activities.

Keywords: environmental security, environmental protection, non-financial incentives, environmental rating, government-business cooperation strategy, matrix

References:

1. Kruchinina N.V. Stimulirovanie prirodookhrannoi deyatel'nosti predpriyatii v sovremennykh usloviyakh: osobennosti, formy, metody [Encouraging environmental protection activities of entities in contemporary circumstances: specifics, forms, methods]. Problemy sovremennoi ekonomiki = Problems of Modern Economics, 2010, no. 2, pp. 413–416.
2. Blagov Yu.E., Savchenko A.A. Analiz praktiki liderov korporativnoi blagotvoritel'nosti v Rossii v 2007–2009 gg [Analyzing the practice of corporate charity leaders in Russia during 2007–2009]. Rossiiskii zhurnal menedzhmenta = Russian Management Journal, 2011, vol. 9, no. 2, pp. 27–48.
3. Stroup R., Gwartney J. Azbuka ekonomiki [What Everyone Should Know About Economics and Prosperity]. Tver, Institut Natsional'noi Modeli Ekonomiki Publ., 2011, 198 p.
4. Shadrikov V.D. Vvedenie v psikhologiyu: motivatsiya povedeniya [Introduction to psychology: behavioral motivation]. Moscow, Logos Publ., 2002, 160 p.
5. Galochkin I. Motivy ekonomicheskogo povedeniya [The motives of economic behavior]. Voprosy Ekonomiki, 2004, no. 6, pp. 123–129.
6. Moskowitz M.R. Choosing Socially Responsible Stocks. Business and Society Review, 1972, vol. 1, pp. 71–75.
7. Becchetti L., Ciciretti R., Nada K. Corporate Social Responsibility and Shareholder's Value. Journal of Business Research, 2012, vol. 65, iss. 11, pp. 1628–1635.
8. Shane P.B., Spicer B.H. Market Response to Environmental Information Produced Outside the Firm. The Accounting Review, 1983, vol. 58, no. 3, pp. 521–538.
9. Nikishin N.N. [Encouraging environmental moral and legal requirements]. XX Ogarevskie chteniya: materialy konferentsii [Proc. Sci. Conf. The 20th Ogarev Readings]. Saransk, Mordovia State University Publ., 1991, pp. 21–24.
10. Dolgin A.B. Kak nam stat' dogovoroprigodnymi, ili Prakticheskoe rukovodstvo po kollektivnym deistviyam [How should we become an attractive party for potential contracts, or Practical guide for collective activities]. Moscow, OGI Publ., 2013, 192 p.
11. Waddock S.A., Graves S.B. The Corporate Social Performance Financial Performance Link. Strategic Management Journal, 1997, vol. 18, no. 4, pp. 303–319.
12. Burke L., Logsdon J.M. Kak okupaetsya korporativnaya sotsial'naya otvetstvennost' [How Corporate Social Responsibility Pays Off]. Rossiiskii zhurnal menedzhmenta = Russian Management Journal, 2010, vol. 8, no. 4, pp. 57–68.
13. The Machinery and Equipment in Germany. Issue 2011/2012. Berlin, Germany Trade and Invest, 2011, 21 p.
14. Baumast A., Pape J. Betriebliches Umweltmanagement. Theoretische Grundlagen. Stuttgart, Praxisbeispiele, 2001, pp. 139–153.
15. Kal'ner V.D. Reitingovaya industriya i realii 'zelenoi ekonomiki' Rossii. Ch. 1. Reitingi – instrument globalizatsii [Ranking industry and realities of 'green economy' of Russia. Part 1. Ratings are a globalization tool]. Ekologiya i promyshlennost' Rossii = Ecology and Industry of Russia, 2013, no. 7, pp. 54–58.
16. Hsu A., Johnson L.A., Lloyd A. Measuring Progress: A Practical Guide from the Developers of the Environmental Performance Index (EPI). New Haven, Yale Center for Environmental Law & Policy, 2013, 80 p.

View all articles of issue

ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

Journal current issue

Vol. 20, Iss. 4 April 2024

Archive