Impact of climate change on emission from Coca Cola Amatil Corporation

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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