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• W2114668701 abstract "Is a corporation’s environmental responsibility consistent with its responsibility to maximize shareholder wealth? If environmentally sustainable behavior is a binding constraint on available strategies one would expect environmentally responsible firms to exhibit lower market values than corporations who are free to execute any strategies. But if there is a link between corporate environmental responsibility and shareholder wealth then one would expect environmentally responsible firms to have a higher market value. This study finds evidence of a positive relationship between financial performance as measured by Tobin’s q and environmental performance as measured by the USEtox weighting system." @default.
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• W2114668701 date "2011-09-01" @default.
• W2114668701 modified "2023-09-23" @default.
• W2114668701 title "Does It Pay to Be Environmentally Responsible? Toxic Releases and Financial Performance" @default.
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