Impact of climate change on emission from Coca Cola Amatil Corporation

This research proposal focuses on the impact of climate change on emission from Coca Cola Amatil Corporation. The study uses agency theory to construct a theoretical argument and a conceptual model to show the relationships between the key theoretical constructs. The research method includes both quantitative and qualitative components, and the sample size includes all research articles published after 2012.

MGT723 Research Project
Assessment Task 1: Research Proposal
Student Name:XXX
Your assigned research topic*:Agency theory
Draft Research Question: XXX
Title: Impact of climate change on emission from Coca Cola Amatil Corporation
Submission Date:XXX
Acknowledgement:
I certify that I have carefully reviewed the university’s academic misconduct policy. I understand that
the source of ideas must be referenced and that quotation marks and a reference are required when
directly quoting anyone else’s words.
* In ACC620 you were assigned to a theoretical perspective (Agency Theory, Stakeholder Theory, or
Legitimacy Theory)
Unless otherwise approved by the course coordinator, all students will be considering the general
issue of the Voluntary Disclosure of Environmental Performance.

Literature Review - Summary
Provide a summary (maximum 1 page, times new roman, 11, 2.5cm margins) of the theoretical
argument leading to the conceptual model. Clearly identify the theoretical constructs (in bold) and
provide references.
In case of agency theory, it is needed to construct theoretical argument where the
researcher is at a topping point and links with sources of carbon emissions (Song, Wang and Cavusgil
2015). It is essential for the business enterprise to look after the principal source of carbon emissions
(Coca-Cola Amatil for given research study). Business enterprise has necessary potential where they
are arranging them to make required changes for reducing carbon emissions. It is important to
understand the fact that climate change help in bringing important risks associated with business
enterprise and for this reason, the value of shareholders investment get affected at the same time.
Most of the researchers had found out that there is positive link present between environmental
performance as well as share price. Furthermore, it is important to evaluate performance as well as
rewards as it is considered necessary mechanisms where the interests of the shareholders are
protected. It takes into account targets as well as performance-based incentives. Therefore, setting
targets is very much difficult as there is inexperienced person present in the management of
emissions (Shogren et al. 2015).
In case of theoretical motivation, it is seen that the effect of targets as well as incentives can
be easily studied by matching both attributes in terms of financial performance as well as non-
financial performance. Several researches need to be conducted so that operating of target is done
by taking into account non-financial measures. It is a challenging task to increase target completion
that is linked with environmental performance. In order to be effective, it is necessary to set targets
that can be achievable in the near future. Several research had been conducted where managers has
laid back attitude when they had set environmental performance targets (Shi, Connelly and
Hoskisson 2017).
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Climate change
Emission from Coca-Cola Amatil Corporation
Dependent
Variable
Independent
Variable
Conceptual Model:
Provide a diagram to show the relationships between the key theoretical constructs.
Figure: Conceptual framework that show relationships between the key theoretical constructs
(Source: Qian, Kaur and Schaltegger 2018)
From the above conceptual framework, it is quite evident to understand the fact that
climate change is treated dependent variable and emission from Coca-Cola Amatil Corporation is
considered as independent variable (Pepper, A. and Gore, J., 2015). Addition to that, there are
several resources that explain about the different parameters and facets that lead to change in
climate. Indiscriminate discharge of pollutants in the air is one of the reasons that lead to climate
change. On the other hand, the independent variable is taken from the above diagram where the
discharge of pollutants in the air can be treated as main contributor towards any environmental
damage as well as climate change in and across the globe (Bosse and Phillips 2016).
The main purpose of the research proposal will be to set independent variable and
dependent variable to understand the relationships. The company under study (Coca-Cola Amatil
Corporation) cannot be considered one of the primary reason for the damage that had caused to the
environment and this was done by discharge of pollutants at the time of manufacturing process and
it even reflect upon the major portion of the damage due to enormity as well as magnitude.
Therefore data can be collected from historical time points that actually coincides with main shift in
the climate and provide insights of information that takes place for given period of time ( Nevo, Nevo
and Pinsonneault 2016).
It is important to understand the effects of targets for environmental performance as it is
one of the interesting concepts due to information asymmetry in relating to environmental
performance at the same time. There are several research conducted where it is found challenging
affair to increase target completion and even look after the factors that explain the choice between
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environmental performance and linking with the current research topic. In order to remain effective
in actions, it is advisable for the managers to set targets that can be achieved in the upcoming
financial years. There are several researches that had been conducted and even found out that
managers need to get involved in setting targets after proper understanding the environmental
performance targets (McGuirk, Bulkeley and Dowling 2016).
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Hypotheses
Include draft hypotheses that you can continue to refine and which will be assessed in ACC620
H0: There is no significant difference on climate change after emission from Coca Cola Amatil
H1: There is significant difference on climate change after emission from Coca Cola Amatil
Proxy Measures for Theoretical Constructs
Complete the following table
Theoretical
Construct
Proxy measure Dependent (DV),
Independent (IV), or
Control Variable (CV)
Source
Impact on Polar Ice
cap melting
Reducing ice in
Antarctic region
Rising sea levels
DV- Polar Cap
Melting
IV- Emissions from
Coca-Cola Amatil
Annual report of Coca Cola
Amatil
Increased
temperature near
Texas region
Temperature
measures
DV- Temperature
records
IV- Emissions from
Coca-Cola Amatil
Annual report of Coca Cola
Amatil
Climate change Temperature
measures
DV- Temperature
records
IV- Emissions from
Coca-Cola Amatil
Annual report of Coca Cola
Amatil
Research Method:
Describe the research method that you will employ to test your hypotheses. Describe the sample and
any important issues in regard to research method.
In this study, the researcher will be using both quantitative and qualitative components for this
study. The secondary sources will be used by the researcher where the data will be collected
through peer-reviewed journal articles, academic books and websites on annual reports of Coca-Cola
Amatil (Kumarasiri 2015). Positive research philosophy will be used by the researcher as the study
deals with collection of scientific data on carbon gas emissions after the emission from Coca-Cola
Amatil. As far as research approach is concerned, the researcher will be using deductive approach
because the collected data is gathered first and analysed later linking with the research topic. Both
the techniques will be used by the researcher so that they can be able to arrive at statistically
significant results. In this study, the researcher will be using descriptive research design as it is
designed to show the participants in the most efficient way (Franco Santos‐ et al. 2017). There is
relationship present between the proxies where it becomes difficult to find out challenging targets
that has the potential to lead to greater target completion. However, there is moderate change
present in the performance-based incentives in the most appropriate way. It is important for the
managers to have better understanding about the possible or potential performance as compared to
shareholders or investor at the same time. The sample size of the research study will be including all
research articles that had been published after 2012. There are two types of data, the first is
inclusive data and second is exclusive data. Exclusive data are those data where the journal articles
are published before 2012 and it is outdated and has no relevance in the present study of research.
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It is for this reason the researcher does not take into account any outdated data for this study.
Inclusive data are all the journal articles that are published after 2012 (Grimmer, and Woolley 2014).
This information is new and has much of relevance to the present research study. The journal
articles collected for the study should be linking with the research topic. There are several issues
that had been faced by the researcher while conducting this research study. Due to limited time, the
researcher failed to conduct in-depth analysis of this given research topic. The researcher had
limited financial resources that restricted in using expensive tools and techniques for completion of
this research study (Kumarasiri and Jubb 2017).
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Reference List
Bosse, D.A. and Phillips, R.A., 2016. Agency theory and bounded self-interest. Academy of
Management Review, 41(2), pp.276-297.
Franco Santos, M., Nalick, M., Rivera Torres, P. and Gomez Mejia, L., 2017. Governance and Well‐ ‐ ‐ ‐
being in Academia: Negative Consequences of Applying an Agency Theory Logic in Higher Education.
British Journal of Management, 28(4), pp.711-730.
Grimmer, M. and Woolley, M., 2014. Green marketing messages and consumers' purchase
intentions: Promoting personal versus environmental benefits. Journal of Marketing
Communications, 20(4), pp.231-250.
Kumarasiri, J. and Jubb, C., 2017. FRAMING OF CLIMATE CHANGE IMPACTS AND USE OF
MANAGEMENT ACCOUNTING PRACTICES. Asian Academy of Management Journal of Accounting &
Finance, 13(2).
Kumarasiri, J., 2015. Use of management accounting practices in carbon emission management:
Evidence from Australian companies. Journal of Contemporary Issues in Business and Government,
The, 21(1), p.5.
McGuirk, P.M., Bulkeley, H. and Dowling, R., 2016. Configuring urban carbon governance: Insights
from Sydney, Australia. Annals of the American Association of Geographers, 106(1), pp.145-166.
Nevo, S., Nevo, D. and Pinsonneault, A., 2016. A Temporally Situated Self-Agency Theory of
Information Technology Reinvention. Mis Quarterly, 40(1), pp.157-186.
Pepper, A. and Gore, J., 2015. Behavioral agency theory: New foundations for theorizing about
executive compensation. Journal of management, 41(4), pp.1045-1068.
Qian, W., Kaur, A. and Schaltegger, S., 2018. Managing Eco-efficiency Development for Sustainability:
An Investigation of Top Carbon Polluters in Australia. In Accounting for Sustainability: Asia Pacific
Perspectives (pp. 103-124). Springer, Cham.
Shi, W., Connelly, B.L. and Hoskisson, R.E., 2017. External corporate governance and financial fraud:
cognitive evaluation theory insights on agency theory prescriptions. Strategic Management Journal,
38(6), pp.1268-1286.
Shogren, K.A., Wehmeyer, M.L., Palmer, S.B., Forber-Pratt, A.J., Little, T.J. and Lopez, S., 2015. Causal
agency theory: Reconceptualizing a functional model of self-determination. Education and Training
in Autism and Developmental Disabilities, pp.251-263.
Song, J., Wang, R. and Cavusgil, S.T., 2015. State ownership and market orientation in China's public
firms: An agency theory perspective. International Business Review, 24(4), pp.690-699.
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