Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation (2024)

Abstract

Based on a study of the oil and gas industry, this article examines how physical impacts of climate change become events that firms notice and interpret in a way that leads to an active response to adapt to these impacts. Theoretically, the study draws on the attention-based view to highlight the potential biases that might occur as a consequence of firms’ preconceptions as well as organizational structure and context. In the empirical analysis, the article derives a model that explains the influence of the attentional process on how awareness and perceived vulnerability lead firms to adopt either routine or non-routine measures to adapt to climate change. The article also explores the relevant underlying factors of awareness and perceived vulnerability. The findings suggest that how firms channel attention to climate events has a distinctive influence on the measures firms take to cope with physical impacts. The article concludes with implications for research, management practice, and policy makers.

Original languageEnglish
Pages (from-to)333–368
Journal
Volume58
Issue number2
Early online date13 May 2016
DOIs
Publication statusPublished - 12 Jan 2019

Research Beacons, Institutes and Platforms

  • Manchester Institute of Innovation Research

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This output contributes to the following UN Sustainable Development Goals (SDGs)

  • Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation (1)

Access to Document

  • Pinkse Gasbarro (2016) Business Society_loggedAccepted author manuscript, 803 KB

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    Pinkse, J., & Gasbarro, F. (2019). Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation. , 58(2), 333–368. https://doi.org/10.1177/0007650316648688

    Pinkse, Jonatan ; Gasbarro, Federica. / Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation. In: . 2019 ; Vol. 58, No. 2. pp. 333–368.

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    Pinkse, J & Gasbarro, F 2019, 'Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation', , vol. 58, no. 2, pp. 333–368. https://doi.org/10.1177/0007650316648688

    Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation. / Pinkse, Jonatan; Gasbarro, Federica.
    In: , Vol. 58, No. 2, 12.01.2019, p. 333–368.

    Research output: Contribution to journalArticlepeer-review

    TY - JOUR

    T1 - Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation

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    AU - Gasbarro, Federica

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    N2 - Based on a study of the oil and gas industry, this article examines how physical impacts of climate change become events that firms notice and interpret in a way that leads to an active response to adapt to these impacts. Theoretically, the study draws on the attention-based view to highlight the potential biases that might occur as a consequence of firms’ preconceptions as well as organizational structure and context. In the empirical analysis, the article derives a model that explains the influence of the attentional process on how awareness and perceived vulnerability lead firms to adopt either routine or non-routine measures to adapt to climate change. The article also explores the relevant underlying factors of awareness and perceived vulnerability. The findings suggest that how firms channel attention to climate events has a distinctive influence on the measures firms take to cope with physical impacts. The article concludes with implications for research, management practice, and policy makers.

    AB - Based on a study of the oil and gas industry, this article examines how physical impacts of climate change become events that firms notice and interpret in a way that leads to an active response to adapt to these impacts. Theoretically, the study draws on the attention-based view to highlight the potential biases that might occur as a consequence of firms’ preconceptions as well as organizational structure and context. In the empirical analysis, the article derives a model that explains the influence of the attentional process on how awareness and perceived vulnerability lead firms to adopt either routine or non-routine measures to adapt to climate change. The article also explores the relevant underlying factors of awareness and perceived vulnerability. The findings suggest that how firms channel attention to climate events has a distinctive influence on the measures firms take to cope with physical impacts. The article concludes with implications for research, management practice, and policy makers.

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    Pinkse J, Gasbarro F. Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation. . 2019 Jan 12;58(2):333–368. Epub 2016 May 13. doi: 10.1177/0007650316648688

    Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation (2024)
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