Matches in SemOpenAlex for { <https://semopenalex.org/work/W3024771223> ?p ?o ?g. }
- W3024771223 endingPage "121741" @default.
- W3024771223 startingPage "121741" @default.
- W3024771223 abstract "The relationship between companies’ financial performance (FP) and their environmental performance (EP) has generated a lot of interest among practicing managers and researchers over the years. This is largely because it simultaneously addresses two – economic and environmental – aspects of the three tripods of the triple bottom line phenomenon. In spite of the fact that both directions of the EP-FP link are important, a vast majority of studies have focused on one direction: how EP affects FP. There is a dearth of research on the reverse link and it is thus the focus of our study. Using EP and other archival data for 468 companies representing 10 industry sectors and 32 countries, with hierarchical regression as the main procedure, we examine specifically how FP as measured by return on assets (ROA) and revenue growth (RG) affects EP. We also study how firm size moderates the effect of ROA and RG on EP as well as the effect of industry concentration on EP. We find that RG affects EP, this effect being comparatively stronger for larger firms. Among other things, we also find that industry to which the firms belong by far more explain EP than FP does. Our findings have important implications for practicing managers and also contribute to advancing research on the relationship between FP and EP. Specifically, for example, the results suggest that managers should pay more attention to EP for companies in the industry to which they belong, rather than EP for companies in general. • Using hierarchical regression as the primary procedure on Environmental Performance (EP) and other archival data, we assess, among other things, the effect of Financial Performance (FP) on EP. • The effect of FP – as measured by revenue growth (RG) – EP is, in general, statistically significant. But, the effect of FP – as measured by return on assets (ROA) – on EP is not statistically significant. • EP tends to decrease as FP – as measured by RG – increases. This could indicate that growth in revenue triggers firms to invest in other endeavors than on environmental management initiatives. • The moderating effect of firm size on the impact of FP – as measured by RG – on EP is statistically significant and is stronger for larger companies. • The industry to which firms belong by far more explain EP than FP does." @default.
- W3024771223 created "2020-05-21" @default.
- W3024771223 creator A5080050796 @default.
- W3024771223 date "2021-01-01" @default.
- W3024771223 modified "2023-10-03" @default.
- W3024771223 title "An empirical analysis of the effect of financial performance on environmental performance of companies in global supply chains" @default.
- W3024771223 cites W1738477376 @default.
- W3024771223 cites W1828434045 @default.
- W3024771223 cites W1895036200 @default.
- W3024771223 cites W1959339853 @default.
- W3024771223 cites W1963695868 @default.
- W3024771223 cites W1972405355 @default.
- W3024771223 cites W1980322399 @default.
- W3024771223 cites W1980477441 @default.
- W3024771223 cites W1984779101 @default.
- W3024771223 cites W1986887612 @default.
- W3024771223 cites W1988380595 @default.
- W3024771223 cites W1991939890 @default.
- W3024771223 cites W1994221522 @default.
- W3024771223 cites W2002446471 @default.
- W3024771223 cites W2003899351 @default.
- W3024771223 cites W2007277108 @default.
- W3024771223 cites W2009306888 @default.
- W3024771223 cites W2034009401 @default.
- W3024771223 cites W2038503057 @default.
- W3024771223 cites W2043382748 @default.
- W3024771223 cites W2044487152 @default.
- W3024771223 cites W2050525704 @default.
- W3024771223 cites W2051382325 @default.
- W3024771223 cites W2051967514 @default.
- W3024771223 cites W2062198069 @default.
- W3024771223 cites W2062491250 @default.
- W3024771223 cites W2062665199 @default.
- W3024771223 cites W2062682518 @default.
- W3024771223 cites W2066161581 @default.
- W3024771223 cites W2071453549 @default.
- W3024771223 cites W2072912787 @default.
- W3024771223 cites W2075138567 @default.
- W3024771223 cites W2075794849 @default.
- W3024771223 cites W2090278989 @default.
- W3024771223 cites W2092686734 @default.
- W3024771223 cites W2097142877 @default.
- W3024771223 cites W2102937926 @default.
- W3024771223 cites W2124161045 @default.
- W3024771223 cites W2125346529 @default.
- W3024771223 cites W2132068820 @default.
- W3024771223 cites W2132919553 @default.
- W3024771223 cites W2141980633 @default.
- W3024771223 cites W2146200864 @default.
- W3024771223 cites W2147174553 @default.
- W3024771223 cites W2159648070 @default.
- W3024771223 cites W2255596018 @default.
- W3024771223 cites W2346836667 @default.
- W3024771223 cites W2473601849 @default.
- W3024771223 cites W2517616648 @default.
- W3024771223 cites W2520170817 @default.
- W3024771223 cites W2548699684 @default.
- W3024771223 cites W2580761755 @default.
- W3024771223 cites W2581640126 @default.
- W3024771223 cites W2615568981 @default.
- W3024771223 cites W2622279482 @default.
- W3024771223 cites W2626959146 @default.
- W3024771223 cites W2737528966 @default.
- W3024771223 cites W2744905575 @default.
- W3024771223 cites W2756774896 @default.
- W3024771223 cites W2767786522 @default.
- W3024771223 cites W2778606494 @default.
- W3024771223 cites W2785024367 @default.
- W3024771223 cites W2785144646 @default.
- W3024771223 cites W2785165233 @default.
- W3024771223 cites W2799822460 @default.
- W3024771223 cites W2803739975 @default.
- W3024771223 cites W2806731287 @default.
- W3024771223 cites W2891358930 @default.
- W3024771223 cites W2902370153 @default.
- W3024771223 cites W2903243249 @default.
- W3024771223 cites W2903478669 @default.
- W3024771223 cites W2924358308 @default.
- W3024771223 cites W2928380700 @default.
- W3024771223 cites W2939965254 @default.
- W3024771223 cites W2952352134 @default.
- W3024771223 cites W2953267986 @default.
- W3024771223 cites W2953861694 @default.
- W3024771223 cites W2964018453 @default.
- W3024771223 cites W2977017777 @default.
- W3024771223 cites W2988822512 @default.
- W3024771223 cites W3122901669 @default.
- W3024771223 cites W3124537702 @default.
- W3024771223 cites W3216668510 @default.
- W3024771223 cites W4243269373 @default.
- W3024771223 cites W895282043 @default.
- W3024771223 doi "https://doi.org/10.1016/j.jclepro.2020.121741" @default.
- W3024771223 hasPublicationYear "2021" @default.
- W3024771223 type Work @default.
- W3024771223 sameAs 3024771223 @default.
- W3024771223 citedByCount "18" @default.
- W3024771223 countsByYear W30247712232021 @default.
- W3024771223 countsByYear W30247712232022 @default.