Do environmental management systems improve business performance in an international setting?

Darnall, Nicole; Henriques, Irene; Sadorsky, Perry

doi:10.1016/j.intman.2007.09.006

Cited by 413 publications

(433 citation statements)

References 61 publications

Supporting

Mentioning

392

Contrasting

Unclassified

Order By: Relevance

“…Although a clear explanation for these contrasting results is not obvious, in general it seems that studies where the environmental performance measure is tied to liability, compliance, and regulatory risks find a positive relationship between environmental performance and financial performance. This is consistent with the findings of Khanna and Damon (1999), Anton et al (2004), Darnall et al (2008) and Brouhle et al (2009) which show that liability and regulatory threats are a major motivation for firms joining voluntary programs like EPA's 33/50 Program to reduce toxic emissions and adopting environmental management systems (EMS). Additionally, Malloy, Erekson and Gorman (2002), in their study of investor perceptions, find that environmental investments are interpreted by investors to raise costs (rather than lower them), except in the case where the firm would face non-compliance penalties if these investments were not made.…”

Section: Introductionsupporting

confidence: 90%

Voluntary corporate environmental initiatives and shareholder wealth

Fisher‐Vanden

Thorburn

2011

Journal of Environmental Economics and Management

275

View full text Add to dashboard Cite

Section: Introductionsupporting

confidence: 90%

Voluntary corporate environmental initiatives and shareholder wealth

Fisher‐Vanden

Thorburn

2011

Journal of Environmental Economics and Management

275

View full text Add to dashboard Cite

“…Using these studies as the basis, we measured EP using two items: environmental certifications and self-evaluation of EP over the past 5 years. Similarly, based on the previous studies (Darnall et al 2008;Tanriverdi and Lee 2008;Antoncic and Prodan 2008), FP has also been measured by self-evaluated measures of sales growth and improvement in market share. We prefer to call this construct as FP rather than financial performance because these are selfevaluated items using a Likert scale rather than objective financial measures (such as return on assets).…”

Section: Measures and Scale Developmentmentioning

confidence: 99%

“…We tested such possibilities by employing Harman's one factor test (Sarkis et al 2010;Darnall et al 2008). The procedure is to carry out a factor analysis of all the items of interest without using factor rotation methods.…”

Section: Sample Selection and Surveymentioning

confidence: 99%

See 1 more Smart Citation

Understanding Complexity: the Curvilinear Relationship Between Environmental Performance and Firm Performance

Ramanathan

2016

J Bus Ethics

View full text Add to dashboard Cite

The nature of the relationship between environmental performance (EP) and firm performance (FP) of corporations is a long standing and contentious issue in the literature. This study is intended to advance this debate by arguing for the existence of curvilinear relationship and empirically testing the same using survey data on UK manufacturing firms. FP is captured in terms of growth in sales and market share. Our results show evidence for a quadratic relationship-as firms improve their EP, they seem to achieve much higher levels of FP. These results are consistent with the resource-based view of a firm; as firms engage in EP activities, they are able to gain inimitable knowledge that helps in further learning to further improve performance. Based on our results, we suggest that new studies focus on strategies to extend the period of increasing returns and maximizing the benefits of the positive association between EP and FP.

show abstract

“…Thirdly, new opportunities such as international experience, capital management capabilities, and organizational slack can be created through changes in technology, legislation, and market forces from corporate sustainable development. Some researchers use the RBV to explain the relationship between the environmental elements of sustainability and business performance (Darnall, Henriques and Sadorsky, 2008;Schoenherr, 2012;Sambasivan, Bah and Jo-Ann, 2013). Xia, Govindan and Zhu (2015) systematically assessed the barriers to the Chinese automotive industry's implementation of re-manufacturing practices based on the RBV framework.…”

Section: The Resource-based View (Rbv)mentioning

confidence: 99%

Short-term versus long-term benefits: Balanced sustainability framework and research propositions

Wu¹,

Subramanian

Abdulrahman

et al. 2017

Sustainable Production and Consumption

View full text Add to dashboard Cite

Sustainability research has been expanding rapidly during recent decades. Such research takes various forms with the identification of mixed results. Even though there are several review articles on sustainability with valuable insights, the time dimension aspect of sustainability is totally missing in addition to lack of well-developed framework. This paper systematically reviews previous sustainability studies published in the refereed scientific journals for the past two decades to understand the evolution of sustainability issues in the business context and solutions proposed until now. The study categorizes the popular sustainability practices into short-and long-term practices based on the time effect, and link them with different forms of organizational capabilities and sustainability performance. The paper further proposes a two-dimensional sustainability framework that incorporates practices, capabilities and performance, and the balancing issues between short-and long-term sustainability. At the end, it suggests potential research directions for future research as well. Graphical abstract Highlights We systematically reviews the past two decades sustainability studies published in the refereed scientific journals  We use time dimension to classify and understand sustainability benefits Review of sustainability theories, practices, capabilities, and performance Classification of sustainability practices, capabilities, and sustainability performance Model & propositions development We categorized sustainability practices and performances into short-and long-term perspectives for effective managerial decisions  We propose research propositions relating firm's capability and its implementation of shortand long-term sustainability practices and sustainability performance.  We draw attention to the future role of organizational capabilities and their interactions with sustainability practices to achieve better performance.

show abstract

Do environmental management systems improve business performance in an international setting?

Cited by 413 publications

References 61 publications

Voluntary corporate environmental initiatives and shareholder wealth

Voluntary corporate environmental initiatives and shareholder wealth

Understanding Complexity: the Curvilinear Relationship Between Environmental Performance and Firm Performance

Short-term versus long-term benefits: Balanced sustainability framework and research propositions

Contact Info

Product

Resources

About