The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Green management and financial performance: a literature review
Abstract
Purpose: The purpose of this paper is to carry out a literature review of the quantitative studies that have analyzed the impact of green management on financial performance. Design/methodology/approach: An examination of the literature was undertaken to review the quantitative studies that analyze the influence of environmental management on financial performance. A total of 32 studies were identified, examining the environmental variables used, the financial performance variables, the statistical analyses, and the main findings obtained by these studies. Findings: Results are mixed, but studies where a positive impact of environment on financial performance is obtained are predominant. In addition, the findings show that the set of firms, industries and countries are varied. Some studies use environmental management variables and other works employ environmental performance variables, and regression analysis prevails. Research limitations/implications: The study does not consider studies that analyze the influence of environmental management on environmental performance. Implications for future research are suggested. Practical implications: The paper offers interesting implications for managers, pointing out that a real commitment to green management may result in a positive influence on financial performance. Originality/value: The findings are derived from an exhaustive literature review of quantitative studies that have studied the green management‐financial performance link. In addition, ideas for improving future research in this field are provided.
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Citations
Cites
Self-Reports in Organizational Research: Problems and Prospects
Podsakoff, P. M., & Organ, D. W. (1986) · Journal of Management · doi:10.1177/014920638601200408 · Cited by 17,102
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
Cited by
Chen, Y., & Chang, C. (2012) · Management Decision · doi:10.1108/00251741211216250 · Cited by 1,370
What Is Sustainability? A Review of the Concept and Its Applications
Giovannoni, E., & Fabietti, G. (2013) · Integrated Reporting · doi:10.1007/978-3-319-02168-3_2 · Cited by 275
Exploring consumer perceptions of green restaurants in the US
Schubert, F., Kandampully, J., Solnet, D., & Kralj, A. (2010) · Tourism and Hospitality Research · doi:10.1057/thr.2010.17 · Cited by 207
Jabbour, C. J. C., Santos, F. C. A., Fonseca, S. A., & Nagano, M. S. (2013) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2012.09.018 · Cited by 172
Measuring corporate sustainability performance–the case of European food and beverage companies
Engida, T. G., Rao, X., Berentsen, P. B. M., & Oude Lansink, A. G. J. M. (2018) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2018.05.095 · Cited by 82
Masudin, I., Wastono, T., & Zulfikarijah, F. (2018) · Cogent Business & Management · doi:10.1080/23311975.2018.1485212 · Cited by 45
Metadata
- Authors
- Molina‐Azorín, J. F., Claver‐Cortés, E., López‐Gamero, M. D., & Tarí, J. J.
- Venue
- Management Decision
- Publisher
- Emerald
- Published
- 2009-07-31
- Volume
- 47
- Issue
- 7
- Pages
- 1080-1100
- ISSN
- 0025-1747 (ISSN-L)
- OpenAlex
- W2009306888
- Cited by
- 596
- References
- 2
- FWCI
- 72.81
- Type
- journal article
- Language
- en
- Open access
- closed
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Data sources
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.
