The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
A RESOURCE-BASED PERSPECTIVE ON CORPORATE ENVIRONMENTAL PERFORMANCE AND PROFITABILITY.
Abstract
Drawing on the resource-based view of the firm, we posited that environmental performance and economic performance are positively linked and that industry growth moderates the relationship, with the returns to environmental performance higher in high-growth industries. We tested these hypotheses with an analysis of 243 firms over two years, using independently developed environmental ratings. Results indicate that "it pays to be green " and that this relationship strengthens with industry growth. We conclude by highlighting the study's academic and managerial implications, making special reference to the social issues in management literature. We wish to express our appreciation to the Franklin Research and Development Corporation for allowing us to use their proprietary database and to Roger Chope and Steven Matsunaga for assistance with methodological issues. We also thank Thomas
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Cites
The resource-based theory of competitive advantage: Implications for strategy formulation
Grant, R. M. (1991) · California Management Review · doi:10.2307/41166664 · Cited by 9,699
HUSELID, M. A. (1995) · Academy of Management Journal · doi:10.2307/256741 · Cited by 9,342
Strategic Factor Markets: Expectations, Luck, and Business Strategy
Barney, J. B. (1986) · Management Science · doi:10.1287/mnsc.32.10.1231 · Cited by 5,548
Porter, M. E. (1991) · Scientific American · doi:10.1038/scientificamerican0491-168 · Cited by 1,540
STAKEHOLDER MISMATCHING: A THEORETICAL PROBLEM IN EMPIRICAL RESEARCH ON CORPORATE SOCIAL PERFORMANCE
Wood, D. J., & Jones, R. E. (1995) · The International Journal of Organizational Analysis · doi:10.1108/eb028831 · Cited by 1,069
Cited by
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
Corporate Social Responsibility: a Theory of the Firm Perspective
McWilliams, A., & Siegel, D. (2001) · The Academy of Management Review · doi:10.5465/amr.2001.4011987 · Cited by 7,567
Misery Loves Companies: Rethinking Social Initiatives by Business
Margolis, J. D., & Walsh, J. P. (2003) · Administrative Science Quarterly · doi:10.2307/3556659 · Cited by 5,130
Bharadwaj, A. S. (2000) · MIS Quarterly · doi:10.2307/3250983 · Cited by 5,042
Is the Resource-Based “View” a Useful Perspective for Strategic Management Research?
Priem, R. L., & Butler, J. E. (2001) · Academy of Management Review · doi:10.5465/amr.2001.4011928 · Cited by 4,461
Metadata
- Authors
- RUSSO, M. V., & FOUTS, P. A.
- Venue
- Academy of Management Journal
- Publisher
- Academy of Management
- Published
- 1997-06-01
- Volume
- 40
- Issue
- 3
- Pages
- 534-559
- ISSN
- 0001-4273 (ISSN-L)
- 1948-0989
- OpenAlex
- W4243269373
- Cited by
- 4,805
- References
- 5
- FWCI
- 102.45
- Type
- journal article
- Language
- en
- Open access
- closed
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