The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Environmental Responsibility and Firm Performance: The Application of an Environmental, Social and Governance Model
Abstract
This paper investigates the way in which environmental responsibility impacts on corporate financial performance, measured by return on equity (ROE) and return on assets (ROA). Using a sample of Korean firms covering the period 2011–2012, and employing two different test methods, namely the OLS and 2SLS methods, we show that the relationships between environmental responsibility performance and firms’ ROE and ROA are positive and statistically significant. However, we show that research and development (R&D) intensity (expenditure) does not affect either environmental responsibility or corporate financial performance. The results of this analysis encourage further empirical analysis of the industries, as well as the use of more than one estimation method to determine environmental responsibility and corporate financial performance within firms. Copyright © 2014 John Wiley & Sons, Ltd and ERP Environment
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Cites
Toward a New Conception of the Environment-Competitiveness Relationship
Porter, M. E., & Linde, C. V. D. (1995) · Journal of Economic Perspectives · doi:10.1257/jep.9.4.97 · Cited by 13,365
Microeconometrics: Methods and Applications
Cameron, A. C., & Trivedi, P. K. (2005) · doi:10.1017/cbo9780511811241 · Cited by 8,092
Corporate Social and Financial Performance: A Meta-Analysis
Orlitzky, M., Schmidt, F. L., & Rynes, S. L. (2003) · Organization Studies · doi:10.1177/0170840603024003910 · Cited by 7,641
Does It Pay to Be Green? A Systematic Overview
Stefan, A., & Paul, L. (2008) · Academy of Management Perspectives · doi:10.5465/amp.2008.35590353 · Cited by 1,759
Cited by
Evans, S., Vladimirova, D., Holgado, M., Van Fossen, K., Yang, M., Silva, E. A., & Barlow, C. Y. (2017) · Business Strategy and the Environment · doi:10.1002/bse.1939 · Cited by 1,370
Do environmental, social, and governance activities improve corporate financial performance?
Xie, J., Nozawa, W., Yagi, M., Fujii, H., & Managi, S. (2019) · Business Strategy and the Environment · doi:10.1002/bse.2224 · Cited by 1,072
Alsayegh, M. F., Abdul Rahman, R., & Homayoun, S. (2020) · Sustainability · doi:10.3390/su12093910 · Cited by 774
Cantele, S., & Zardini, A. (2018) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2018.02.016 · Cited by 432
Board gender diversity and environmental performance: An industries perspective
Lu, J., & Herremans, I. M. (2019) · Business Strategy and the Environment · doi:10.1002/bse.2326 · Cited by 365
Metadata
- Authors
- Lee, K., Cin, B. C., & Lee, E. Y.
- Venue
- Business Strategy and the Environment
- Publisher
- Wiley
- Published
- 2014-05-19
- Volume
- 25
- Issue
- 1
- Pages
- 40-53
- ISSN
- 0964-4733 (ISSN-L)
- 1099-0836
- OpenAlex
- W1939290561
- Cited by
- 399
- References
- 4
- FWCI
- 20.61
- Type
- journal article
- Language
- en
- Open access
- closed
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- Lee, K., Cin, B. C., & Lee, E. Y. (2016). Environmental Responsibility and Firm Performance: The Application of an Environmental, Social and Governance Model. Business Strategy and the Environment. https://doi.org/10.1002/bse.1855
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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