The DOI matches its Crossref record; 93 of the 93 references it cites were found in a registry or an index.
ISO 14001 certification and financial performance: selection-effect versus treatment-effect
Abstract
The paper explores the bi-directional relationship between ISO 14001 certification and financial performance with the aim of shedding light on whether better performance is due to the beneficial effects of ISO 14001 or due to selection-effects where better performance precedes accreditation. The study uses a five year longitudinal analysis to compare the financial performance of firms in Spain before and after certification. The results of a multivariate panel data analysis find that firms with better than average performance have a greater propensity to pursue accreditation but there is no evidence that improvements in performance follow certification. This suggests that the inference that environmental variables cause improved financial performance may be unwise in research studies that can only measure association.
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Cites
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Clarkson, M. B. E. (1995) · The Academy of Management Review · doi:10.2307/258888 · Cited by 7,838
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Misery Loves Companies: Rethinking Social Initiatives by Business
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A RESOURCE-BASED PERSPECTIVE ON CORPORATE ENVIRONMENTAL PERFORMANCE AND PROFITABILITY.
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Cited by
How much does Lean Manufacturing need environmental and information technologies?
Sartal, A., Llach, J., Vázquez, X. H., & de Castro, R. (2017) · Journal of Manufacturing Systems · doi:10.1016/j.jmsy.2017.10.005 · Cited by 81
Metadata
- Authors
- Heras-Saizarbitoria, I., Molina-Azorín, J. F., & Dick, G. P. M.
- Venue
- Journal of Cleaner Production
- Publisher
- Elsevier BV
- Published
- 2011-01
- Volume
- 19
- Issue
- 1
- Pages
- 1-12
- ISSN
- 0959-6526 (ISSN-L)
- OpenAlex
- W2086119764
- Cited by
- 255
- References
- 93
- FWCI
- 27.16
- Type
- journal article
- Language
- en
- Open access
- closed
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- Heras-Saizarbitoria, I., Molina-Azorín, J. F., & Dick, G. P. M. (2011). ISO 14001 certification and financial performance: selection-effect versus treatment-effect. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2010.09.002
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
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.
