The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills
Sustainability risk management (SRM) has emerged as an important management control system in recent years and serves as a means to reduce sustainability issues arising as a consequence of a company’s operations. Despite the increasing interest, the implementation of SRM remains scarce, and Malaysia...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universiti Putra Malaysia
2025
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| Online Access: | http://psasir.upm.edu.my/id/eprint/120962/ http://psasir.upm.edu.my/id/eprint/120962/1/120962.pdf |
| _version_ | 1848868259570384896 |
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| author | Abdul Razak, Shazrul Ekhmar Mustapha, Mazlina Mohammed Shah, Sabarina |
| author_facet | Abdul Razak, Shazrul Ekhmar Mustapha, Mazlina Mohammed Shah, Sabarina |
| author_sort | Abdul Razak, Shazrul Ekhmar |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Sustainability risk management (SRM) has emerged as an important management control system in recent years and serves as a means to reduce sustainability issues arising as a consequence of a company’s operations. Despite the increasing interest, the implementation of SRM remains scarce, and Malaysia is no exception. This paper aims to provide useful insight by investigating the influence of institutional pressures on the implementation of SRM by Malaysian companies. Drawing on institutional theory, this paper aims to examine the influence of regulatory, competitive, and normative pressures on the implementation of SRM in Malaysian palm oil mills. A survey questionnaire was distributed to 407 managers of palm oil mills across Malaysia between July and December 2020, with a response rate of 28.9%. The data from 118 usable questionnaires were analysed using partial least squares structural equation modelling (PLS-SEM). The findings highlight that regulatory pressure and competitive pressure significantly influence the implementation of SRM. The findings contribute to institutional research by understanding the reasons behind SRM implementation in developing country settings. Practically, the findings provide useful insights for policymakers to initiate the implementation of SRM to address sustainability issues. |
| first_indexed | 2025-11-15T14:49:33Z |
| format | Article |
| id | upm-120962 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:49:33Z |
| publishDate | 2025 |
| publisher | Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1209622025-10-17T01:15:24Z http://psasir.upm.edu.my/id/eprint/120962/ The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills Abdul Razak, Shazrul Ekhmar Mustapha, Mazlina Mohammed Shah, Sabarina Sustainability risk management (SRM) has emerged as an important management control system in recent years and serves as a means to reduce sustainability issues arising as a consequence of a company’s operations. Despite the increasing interest, the implementation of SRM remains scarce, and Malaysia is no exception. This paper aims to provide useful insight by investigating the influence of institutional pressures on the implementation of SRM by Malaysian companies. Drawing on institutional theory, this paper aims to examine the influence of regulatory, competitive, and normative pressures on the implementation of SRM in Malaysian palm oil mills. A survey questionnaire was distributed to 407 managers of palm oil mills across Malaysia between July and December 2020, with a response rate of 28.9%. The data from 118 usable questionnaires were analysed using partial least squares structural equation modelling (PLS-SEM). The findings highlight that regulatory pressure and competitive pressure significantly influence the implementation of SRM. The findings contribute to institutional research by understanding the reasons behind SRM implementation in developing country settings. Practically, the findings provide useful insights for policymakers to initiate the implementation of SRM to address sustainability issues. Universiti Putra Malaysia 2025 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/120962/1/120962.pdf Abdul Razak, Shazrul Ekhmar and Mustapha, Mazlina and Mohammed Shah, Sabarina (2025) The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills. International Journal of Economics and Management, 19 (2). pp. 149-165. ISSN 1823-836X; eISSN: 2600-9390 http://www.ijem.upm.edu.my/vol19no2/1)%20The%20Influence%20of%20Institutional%20Pressures.pdf 10.47836/ijeam.19.2.01 |
| spellingShingle | Abdul Razak, Shazrul Ekhmar Mustapha, Mazlina Mohammed Shah, Sabarina The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills |
| title | The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills |
| title_full | The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills |
| title_fullStr | The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills |
| title_full_unstemmed | The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills |
| title_short | The influence of institutional pressures on the implementation of sustainability risk management in Malaysian palm oil mills |
| title_sort | influence of institutional pressures on the implementation of sustainability risk management in malaysian palm oil mills |
| url | http://psasir.upm.edu.my/id/eprint/120962/ http://psasir.upm.edu.my/id/eprint/120962/ http://psasir.upm.edu.my/id/eprint/120962/ http://psasir.upm.edu.my/id/eprint/120962/1/120962.pdf |