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Cited by 399

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

Lee, Ki‐Hoon, Cin, Beom Cheol, Lee, Eui Young·2016·Business Strategy and the Environment

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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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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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.