This book addresses management and public policy students and scholars seeking a better understanding of the elements of successful business climate change adaptation strategies. It is also aimed at business and non-profit organization leaders and policy makers interested in developing and promoting such effective strategies.
This book seeks to advance the understanding of how businesses may adapt to climate change trends. Specifically, it focuses on two general research questions: Firstly, how do businesses adapt to chronic slow-onset nature adversity conditions linked to climate change? Secondly, how do firms adapt to weather-related natural disasters exacerbated by climate change? In the first part of the book, the authors develop a conceptual framework in response to these questions. In the second part, they test this framework using multiple empirical studies involving large data analyses of: (a) the U.S. western ski industry adaptation to warmer temperatures, and (b) the effect of natural disasters on the foreign investment of multinational corporations around the world. This book will interest management and public policy students and scholars researching successful business climate change adaptation strategies, as well as business and non-profit organization leaders and policy makers involved in developing and promoting such effective strategies.
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A seminal global analysis of the adaptation strategies of businesses and corporations in response to climate change.
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xiii | |
| About the Authors |
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xv | |
| Foreword |
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xviii | |
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Dr. Martina K. Linnenluecke |
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| Preface and Acknowledgments |
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xxi | |
| Publication Acknowledgments |
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xxiv | |
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1 Introduction: Why Adaptation to Climate Change? |
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3 | (20) |
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Part II Conceptual Framework: Understanding Business Adaptation to Climate Change |
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2 Business Adaptation Limits and Resilience to Climate Change Adversity |
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23 | (21) |
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3 Adaptation to Slow-Onset Nature Adversity Intensity |
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44 | (18) |
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4 Can You Learn from the Second Kick of a Mule? MNCs Foreign Investment, Natural Disasters, and Country Governance |
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62 | (17) |
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5 Disaster Experience and MNC Subsidiary Entry and Expansion |
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79 | (18) |
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Part III Empirical Studies of Business Adaptation to Nature Adversity |
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6 Canary in the Coal Mine: Western U.S. Ski Industry Adaptation to Warmer Temperatures |
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97 | (36) |
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7 MNC Disregard of Natural Disasters and the Role of Host Country Context |
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133 | (38) |
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8 MNC Disaster Experience and Foreign Subsidiary Investment |
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171 | (54) |
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9 Business Adaptation to Climate Change: Conclusions, Limitations, and Future Research |
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225 | (24) |
| Bibliography |
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249 | (24) |
| Index |
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273 | |
Jorge E. Rivera is a Professor of Strategic Management and Public Policy and Tucker Fellow at The George Washington University's School of Business. He has published over 50 manuscripts and two books, including Business and Public Policy (Cambridge 2010) which received the 2011 Outstanding Book Award from the Organizations and the Natural Environment Division of the Academy of Management. Professor Rivera is founding Co-Editor of the Cambridge University Press's Book series on Organizations and the Natural Environment. Chang Hoon Oh is William and Judy Docking Professor of Strategy at the University Of Kansas School Of Business. His research centers on non-market strategy in challenging environments, business continuity and sustainability, and globalization versus regionalization. He has published more than 55 papers in peer-reviewed journals. Currently, he is Co-Editor in Chief of Multinational Business Review, a consulting editor of the Journal of World Business, and serves Journal of International Business Studies and Journal of International Business Policy as a member of editorial review board. Jennifer Oetzel is the Kogod IB Professor and Professor of Strategic Management in the Department of Management in American University's Kogod School of Business. Her research focuses on understanding how firms manage major risks, such as natural disasters and violent conflict. She has published more than 35 articles, invited papers, and book chapters in outlets such as the Strategic Management Journal, Organization Science, the Journal of International Business Studies, and others. Professor Oetzel serves on the Editorial Boards of the Strategic Management Journal, Journal of International Business Studies, and the Journal of International Business Policy. Her research on natural disasters and managing risk has been profiled in the Washington Post, Financial Times, and other media outlets. Viviane Clement is an expert on climate change adaptation and resilience working on climate policy, strategy, and analytics. Her research (co-authored with Jorge E. Rivera) has appeared in Business Strategy and the Environment and Organization & Environment.
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