Empirical Evidence on Environmental Performanceand Operating Costs
Basic data for this talk
Type of talk: scientific talk
Name der Vortragenden: Guenster, Nadja
Date of talk: 10/04/2017
Talk language: English
Information about the event
Name of the event: Research Seminar
Event period: 10/04/2017
Event location: Open Universiteit Heerlen, Heerlen, Netherlands
Organised by: Open Universiteit Valkenburgerweg 177 6419 AT Heerlen
Abstract
Several studies find that environmental performance has a positive link with profitability (Guenster et al. (2011), Hart and Ahuja (1996), Russo and Fouts(1997), King and Lenox (2002), Jo et al. (2013))But there are also exceptions to that (Kim and Statman(2012))Why should environmental performance be positively related to profitability?-Environmental leadership can increase sales among environmentally sensitive customers (Russo and Fouts(1997))-Pollution as an inefficiency in the manufacturing process: less wastebetter utilization of resources (Hart and Ahuja (1996))-Reduce compliance and liability cost (Hart and Ahuja (1997))-Environmentally proactive firms can attract higher-quality employees (Russo and Fouts(1997))