Analysis of results
5.2. ESA Factors ESA factors observed in this research pretty well match those contemplated in the literature. However, some peculiarities of the socio-economic context need to be stressed, since they are specific of emergent economies. Table 38. Main ESA factors observed in the case studies. Esa factors
Cases
green markets
Bank, Agri-business Association and Cosmetic Company
Green industry (i.e. competitors, parent company, suppliers)
Bank, Agri-business Association, Cosmetic Company and Dairy Company
Dynamic business models
Bank, Chemical Company, Agri-business Association, Cosmetic Company and Dairy Company
Societally-oriented managers
Bank and Dairy Company
Profit-oriented managers
Chemical Company, Agri-business Association, Cosmetic Company
Environmental licensing for natural resources exploitation
Utility Company and Oil & Gas Company
Community and public demands
Chemical Company, Utility Company and Oil & Gas Company
Stable models
Utility Company and Oil & Gas Company
Compliance-oriented managers
Utility Company and Oil & Gas Company
• Business context Business context factors corresponded to regulation (environmental licensing, pollution limits and environmental permits for environmental protection) and community pressure (demands for benefits in exchange for performing business activity), green markets (i.e. green standards, market requirements and consumer demands) and green industry (competitors, suppliers, parent companies). • Business models Business models factors corresponded to stable business models (supported by lobbying and litigation capabilities, technical know-how, business efficiencies, risk management and a permanent dialogue with stakeholders) and
| 163