Corporate Environmental Responsibility and Environmental Non-Governmental Organizations in China

Yang, Zhaojun; Liu, Weihao; Sun, Jun; Zhang, Yali

doi:10.3390/su9101756

Cited by 15 publications

(8 citation statements)

References 48 publications

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“…As the public is increasingly concerned about the environment, the government requires business to take more responsibility for resolving environmental problems [7][8][9][10]. For instance, the government puts pressure on firms to make more environmental expenditure.…”

Section: Literature Reviewmentioning

confidence: 99%

Firm’s Environmental Expenditure, R&D Intensity, and Profitability

Kim

2018

Sustainability

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In order to live up to its environmental responsibility, a firm makes an environmental expenditure to reduce its pollution emissions. Then, an important question is what impact the environmental expenditure has on the firm's profitability. In this paper, we first propose and test a hypothesis that the more environmental expenditure the firm makes, the less profitability it enjoys, i.e., there is a negative relationship between the firm's environmental expenditure and its profitability, more specifically its return on assets (ROA). We go further to suggest and test the second hypothesis that the more R&D-intensive the firm is, the lower the "negative impact" of the environmental expenditure on the firm's profitability is, i.e., the firm's R&D intensity moderates the negative relationship between firm's environmental expenditure and its profitability. A significant implication is that since it has to spend money on reducing its pollution emission, the firm should also enhance its innovation capability. That is, by investing in its R&D, the firm can mitigate the negative impact of environmental expenditure on its profitability. In order to test the hypotheses, we collect financial data and carry out panel regression analyses. The analysis results support our hypotheses that there is a negative relationship between the firm's environmental expenditure and its profitability and that the negative relationship is moderated by the firm's R&D capability represented by its R&D intensity.

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Section: Literature Reviewmentioning

confidence: 99%

Firm’s Environmental Expenditure, R&D Intensity, and Profitability

Kim

2018

Sustainability

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“…and agree with [58] that the companies are responsible for the market and environmental solutions. The practices developed by firms encompass the entire chain involved in the process.…”

Section: Sustainability Practices-environmental Categorymentioning

confidence: 99%

Organizational Sustainability Practices: A Study of the Firms Listed by the Corporate Sustainability Index

2018

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Organizational sustainability (OS) has been guiding the decision-making process of managers in order to generate competitive advantage. This paper aims to identify the sustainable practices performed by large corporations in the implementation of OS. Reports with actions performed by large organizations and their reach in the three pillars of sustainability-environmental, economic, and social dimensions-are disclosed to their main stakeholders, based on short, medium and long-term sustainable goals. These reports often reflect the progress of OS or the progress made toward them. However, few studies investigate the sustainable practices adopted by firms and their reproducibility. A search was performed in reports selected from the firms listed by the Corporate Sustainability Index (CSI) from 2012-2016, belonging to the Brazilian stock market in services sector of the economy and employed the Global Reporting Initiative (GRI) methodology. The results showed the strategic planning involving infrastructure, environment, human resources, product innovation, organizational management and deadline setting acted as the baseline for the implementation of the practices found. The findings will guide the managers´decisions in the development of their strategic planning, based on practical and objective results.

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“…In a study of sustainability reporting on 250 Fortune Global companies, key issues focusing on board supervision and sustainable accounting structures were revealed [26]. Another survey conducted on 677 Chinese enterprises indicated that NGOs were responsible for CER (corporate environmental responsibility) performance by eliminating the gaps between the private and the public sectors in solving environmental problems [27].…”

Section: Sustainability Reportingmentioning

confidence: 99%

Assessing the Benefits of the Sustainability Reporting Practices in the Top Romanian Companies

et al. 2020

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The concept of sustainability reporting has been addressed by experts worldwide and is defined as the process of communicating the social and environmental effects of the economic actions of organizations to special interest groups within society in general. The main purpose of this research was to identify and analyze the opinions of the real benefits obtained by large companies in Romania following the elaboration of sustainability reports and their contribution to the development of a sustainable economy. A quantitative marketing research was carried out on the sample randomly extracted from a target community of the largest 5750 companies across 35 counties that were active in strategic priority areas of Romania. Both explicitly and implicitly, the research resulted in essential aspects related to the correlation of the sustainability strategy with sustainability reporting, how sustainable development goals contribute to improving all of the processes included in the integrated company management system, how the internal and external benefits can contribute to increasing economic, social, and environmental performance, and building sustainable relationships with shareholders, employees, and stakeholders. In addition, the findings show that aligning a sustainability strategy with a global business strategy and including sustainability reporting requirements (non-financial) are important concerns at the level of the top companies in Romania.

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Corporate Environmental Responsibility and Environmental Non-Governmental Organizations in China

Cited by 15 publications

References 48 publications

Firm’s Environmental Expenditure, R&D Intensity, and Profitability

Firm’s Environmental Expenditure, R&D Intensity, and Profitability

Organizational Sustainability Practices: A Study of the Firms Listed by the Corporate Sustainability Index

Assessing the Benefits of the Sustainability Reporting Practices in the Top Romanian Companies

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