has co-authored a paper titled ‘Impact of institutional pressures and dynamic capabilities on sustainability performance of oil and gas sector’. Mr. Piyush Choudhary, from Oil and Natural Gas Corporation, Ministry of Petroleum and Natural Gas, Government of India, New Delhi, India, Mr. Abinash Panda, from Department of Organizational Behavior and Human Resource Management, Management Development Institute, Gurgaon, India, Mr. Sourabh Jain, from Department of Operations Management, Ivey School of Business, University of Western Ontario Richard, London, Canada, Mr. Prasanta Kumar Dey, from Aston Business School, Aston University, Birmingham, UK, are Prof. Nikunj’s co-authors. This paper has been published in International Journal of Energy Sector Management (ABDC-C).
Globally, the oil and gas (OG) industries are under pressure from numerous stakeholders for their sustainable operations against the backdrop of climate change, ecological damage and social challenges. Drawing on the twin theoretical frameworks of the institutional theory and dynamic capability perspective, this study aims to examine the impact of the institutional pressures and dynamic capabilities on the overall sustainability performance of OG industry. The research reveals that both institutional pressures and firm’s dynamic capabilities have significant positive impact on its economic and environmental performances in OG sector in India. However, they do not have any impact on social performance, unlike earlier findings.
Insights of this study will help regulators and policymakers in formulating effective regulatory and policy frameworks, besides creating awareness amongst the organizations to simultaneously focus on all the three aspects of sustainability performance.