Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

Environmental protection and financial performance: an empirical analysis in Wales

de Burgos-Jiménez, Jerónimo, Vázquez-Brust, Diego, Plaza-Úbeda, José A. and Dijkshoorn, Jeroen 2013. Environmental protection and financial performance: an empirical analysis in Wales. International Journal of Operations & Production Management 33 (8) , pp. 981-1018. 10.1108/IJOPM-11-2010-0374

Full text not available from this repository.

Abstract

Purpose – This paper analyses the relationship between environmental protection and mid-term financial performance, focusing on when and why this relationship is positive. In particular, the paper disaggregates environmental protection, differentiating between environmental management practices, environmental proactivity and environmental performance of the organization. Design/methodology/approach – It uses a cross-section survey of 2,122 Welsh companies to gather information on environmental practices and the FAME database to collect data on accounting based financial performance. The paper uses regression analysis on a combined sample of 186 Welsh companies to evaluate the effect on performance of different types of environmental protection. Findings – On the whole, the results show a positive effect of environmental protection on mid-term financial performance. Financial performance has a positive and significant correlation with environmental proactivity and with environmental performance, while it has a no significant relation with environmental management. Originality/value – The paper presents a disaggregated analysis of environmental protection in relationship with financial performance. The paper differentiates between environmental management practices, environmental proactivity and environmental performance of the organization in their relationship with financial performance.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Centre for Business Relationships, Accountability, Sustainability and Society (BRASS)
Business (Including Economics)
Geography and Planning (CPLAN)
Subjects: H Social Sciences > HC Economic History and Conditions
T Technology > TD Environmental technology. Sanitary engineering
Uncontrolled Keywords: Environmental management, Environmental performance, Environmental strategy, Financial performance
Publisher: Emerald
ISSN: 0144-3577
Funders: Spanish Ministry of Science and Innovation, FEDER, Junta de Andalucía
Last Modified: 19 Mar 2016 23:42
URI: http://orca-mwe.cf.ac.uk/id/eprint/61509

Citation Data

Cited 7 times in Google Scholar. View in Google Scholar

Cited 30 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item