IC50001 EMP1- Synthesis matrix
Instructions:
In Week 6, you will submit your complete Synthesis Matrix about our topic: Climate change and Business. Reading, understanding and making notes in your own words take time, so you need to start as soon as possible.
1- You must have FOUR reliable academic sources.
2- As you read the sources, make notes in your matrix. Use the template below.
3- Write the source citation (author, date) at the top row.
4- Write the reasons for selecting each source (what, who, when, why, how, where, as discussed in Weeks 1 and 2).
5- Write the main ideas/themes for source 1 in the 1st column (vertical)
6- Identify points in common from other sources (about the same main idea) and make notes.
7- Make notes in your OWN
words (do not copy).
Source: Park, H., & Kim, G. Y. (2019). Climate change and corporate social responsibility: Evidence from Korean firms. Business Strategy and the Environment, 28(6), 1017-1030.
Reason for selecting: This source discusses the relationship between climate change and corporate social responsibility (CSR) in Korean firms, which aligns with our topic on climate change and business.
Main ideas/themes:
- Korean firms are increasingly adopting CSR practices, particularly related to climate change mitigation and adaptation.
- CSR practices are more likely to be adopted by financially stronger firms and those in industries with greater environmental impact.
- CSR is seen as a way to enhance reputation and meet stakeholder expectations.
Points in common from other sources:
- Other sources also mention that CSR can improve reputation and stakeholder relations (Source 2).
- There is also evidence that firms with greater financial resources are more likely to adopt climate change mitigation practices (Source 3).
In my own words: The article discusses how Korean firms are increasingly adopting CSR practices related to climate change, which is influenced by their financial strength and environmental impact. CSR is viewed as a way to build positive reputation and meet stakeholder expectations.