Environmental management systems and the smaller enterprise

Hillary, Ruth

doi:10.1016/j.jclepro.2003.08.006

Cited by 698 publications

(814 citation statements)

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“…Given the heterogeneous nature of SMEs (Hillary, 2004) it is important to note that the reasons for introducing CSR in SMEs may be different from those of large enterprises (Udayasankar, 2008) and may be consistent with the owner's values (Murillo & Lozano, 2006), the need to improve community relationships (Chrisman & Archer, 1984), to promote a climate of trust with internal stakeholders, especially employees (Ciliberti, Pontrandolfo, & Scozzi, 2008;Graafland, Van de Ven, & Stoffele, 2003;Perrini, 2006) or gain reputation in the community (Jenkins, 2006).…”

Section: Csr In Small Firmsmentioning

confidence: 99%

Corporate social responsibility in tourism small and medium enterprises evidence from Europe and Latin America

Tamajón

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2013

Tourism Management Perspectives

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While there is a growing literature related with corporate social responsibility (CSR) in hospitality and tourism large firms, much remains to be done in the case of CSR in tourism Small and Medium Enterprises (SMEs). In this paper we show three studies regarding this particular aspect through the evidence present in different destinations: Catalonia, European natural parks and Chile. Among the conclusions can be highlighted the prevalence of altruism in the reasons for being responsible, the introduction of increasingly advanced measures or their impact on different business variables, highlighting the financial performance.

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Section: Csr In Small Firmsmentioning

confidence: 99%

Corporate social responsibility in tourism small and medium enterprises evidence from Europe and Latin America

Tamajón

Font

2013

Tourism Management Perspectives

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“…However, these micro-enterprises account for 53 per cent of all jobs in Europe, so their importance to the European economy is enormous." Despite this, little evidence exists about the environmental impact of such firms at either national or regional levels (Hillary, 2004). While the impact of individual SMEs on the environment is likely to be small, researchers agree that their collective impact is substantial (Jenkins, 2009;Spence et al, 2003;Tilley, 1999), suggesting that by adopting green measures this sector could make a significant contribution to global environmental sustainability.…”

Section: Csr and The Small And Medium Size Enterprise (Sme)mentioning

confidence: 99%

Fostering Responsible Communities: A Community Social Marketing Approach to Sustainable Living

2010

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Fostering responsible communities: a community social marketing approach to sustainable living Abstract Just as socially irresponsible organizational behavior leaves a punitive legacy on society, socially responsible organizations can foster curative change. This paper examines whether small organizations can foster societal change toward more sustainable modes of living. We contend that consumption is deeply intertwined with social relations and norms, thus making individual behavioral change toward sustainability a matter of facilitating change in individual behavior, as well as in social norms and relations between organizations and consumers. We argue that it is in this facilitation process that small firms can play a major role, by adopting upstream and downstream approaches to diffuse behavioral change. By synthesizing four key strands of literature -small businesses and corporate social responsibility, ethical consumption, community social marketing and the diffusion of innovation -and using the exemplar case of Modbury, the iconic 'plastic bag free' town, we demonstrate how responsible small firms can influence communities, and the individuals therein, to encourage environmentally sustainable practice to diffuse and support change in society.

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“…Instead, economic investments in environmental and social practices seemingly could have negative impacts on a firm's financial bottom line (Kiernan, 2007;Marcus & Fremeth, 2009;Mathur & Mathur, 2000;Walley & Whitehead, 1994). This claim appears especially pertinent for investments by SMEs (Hillary, 2004;Simpson et al, 2004). Other studies simply argue that implementing environmental and social policies and practices cannot by themselves lead to benefits for the firm (Barnett & Salomon, 2006), such that these engagements imply a value-added benefit, not a substitute for the firm's core business (Beneke, Wannke, Pelteret, Tladi & Gordon, 2012).…”

Section: Environmental Challenges: Salience In the Corporate Responsimentioning

confidence: 99%

“…To implement an EMS, the firm must have the necessary procedures and controls in place that can guarantee the achievement of its environmental policy and objectives (Cora, 2007;GonzalezBenito & Gonzalez-Benito, 2008;Hillary, 2004). Thus an EMS facilitates the company's environmental performance.…”

Section: Environmental Challenges: Salience In the Corporate Responsimentioning

confidence: 99%

“…However, environmental and social issues often get excluded from productive processes, perhaps because of their high financial costs and the limited financial resources available to companies, especially small and medium-sized enterprises (SME) (Del Brio, Fernández & Junquera, 2001;Hillary, 2004;Nidumolu, Prahalad & Rangaswani, 2009). Another barrier to the implementation of environmental management systems (EMS) in particular relates to uncertainty that persists among practitioners about their real results (Hillary, 2004;Ravi & Shankar, 2005), such that many managers believe the costs of implementing EMS might be greater than the benefits they provide (González-Torre, Alvarez, Sarkis & Adenso-Díaz, 2010;Hassel, Nilsson & Nyquist, 2005;Walley & Whitehead, 1994).…”

Section: Introductionmentioning

confidence: 99%

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Risk and return characteristics of environmentally and socially responsible firms in Spain during a financial downturn: 2008–2011

Ruíz-Palomino

Rubio

Martínez-Cañas

2015

SAJBM

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The onset of the global financial crisis in 2008 undermined trust in financial markets, with immediate damages to businesses and enduring negative effects for numerous national economies. The situation also has endangered progress in terms of investments in environmental and social management (ESM) issues, because managers may be more likely to embrace the misguided notion that such investments represent a non-returnable costs that will hinder firms' financial performance. Yet ESM is needed now more than ever, because "doing good and doing well" messages are highly appreciated by stakeholders and can substantially improve a firm's competitiveness. This article analyzes the performance of the Spanish FTSE4Good IBEX index, compared with that of the Spanish IBEX 35 index, during the financial crisis and reveals slightly better performance for the former. Thus, considering the difficult financial context, indicators of good environmental and social performance, among other factors, might have positive effects on stock index performance. The findings offer some key implications for managerial practice.

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Environmental management systems and the smaller enterprise

Cited by 698 publications

References 1 publication

Corporate social responsibility in tourism small and medium enterprises evidence from Europe and Latin America

Corporate social responsibility in tourism small and medium enterprises evidence from Europe and Latin America

Fostering Responsible Communities: A Community Social Marketing Approach to Sustainable Living

Risk and return characteristics of environmentally and socially responsible firms in Spain during a financial downturn: 2008–2011

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