Dissertations / Theses: 'Environmental performance and corporate profitability'

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Jensen, Cartolano Emy. "Klimatarbetets effekter på företagets lönsamhet : En studie om uppfattningar bland svenska företag." Thesis, Linköpings universitet, Tema Miljöförändring, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-177356.

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Industrin gör att samhället utifrån det ekonomiska system som det verkar i, fungerar. På samma gång står industrin för stora delar av de växthusgasutsläpp som värmer upp jorden och den globala kris som det innebär. Att företag mäter sina utsläpp, jobbar för att sänka de, genomför klimatpositiva åtgärder, klimatanpassar och jobbar förebyggande blir av vikt för att kunna minska på utsläppen såväl globalt som lokalt. Ett företag drivs utifrån olika faktorer så som att vara lönsamma på olika vis. I den här studien, som är ett samarbete med Hagainitiativet, undersöks vad 102 svenska börsnoterade företag anser om sitt klimatarbete och hur det påverkar företagets lönsamhet. Företagen svarar även på hur de menar att politiska beslut och Covid-19-pandemin påverkar deras klimatarbete. Material inhämtades med hjälp av kvantitativ metod, webbenkät. Studien visar på att företagen över lag ställer sig positiva till att engagera sig i klimatfrågan och menar att klimatarbetet får positiva effekter för företagets lönsamhet. Allra starkast tycks synergin vara mellan klimatarbetet och en positiv effekt för varumärket samt för attraktiviteten som arbetsgivare. När Hagainitiativets enkätsvar från 2019 jämfördes med svaren från denna undersökning i 2021, svarar fler att klimatarbetet får en positiv effekt för företagets lönsamhet och färre att det får en negativ effekt. Det klimatpolitiska läget samt Covid-19 skulle kunna presentera en del av förklaringen till varför. Resultaten indikerar på att det finns ett flertal frågor som hade varit intressant att ställa framöver för att få mer information om vad företagen gör, vad de inte gör och varför. Att ytterligare fördjupa förståelsen kring de uppfattningar som finns kan vara en del av det som krävs för att bana vägen framåt för företag att kunna jobba för hållbar utveckling och på samma gång uppnå en god lönsamhet.
The industry keeps society spinning in its current system. At the same time, it accounts for large parts of the greenhouse gas emissions which are heating up the earth and is responsible for the global crisis that it entails. Companies measuring their emissions, working to reduce them, implementing climate-positive measures, adapting to climate- change and working preventively is important to reduce emissions both globally and locally. For a company to survive, it runs based on various factors, such as being profitable in different ways. This study, which is a collaboration with the Hagainitiativet, examines what 102 Swedish listed companies think about their climate work and how it affects various profitability aspects of the business. The companies also respond to how they believe that political decisions and the Covid-19 pandemic affect their climate work. Materials were obtained using a quantitative method, web survey. The study shows that companies in general are positive about getting involved in the climate issue and believe that their responses to climate change result in positive effects on the company's profitability. The synergy seems to be strongest between climate responses and a positive effect on the brand and the attractiveness as an employer. When the questionnaire from Hagainitiativet in 2019 were compared to the responses from this survey in 2021, more companies answered that climate work has a positive effect on the profitability and fewer that it has a negative effect. The climate policy situation and Covid-19 could present part of the explanation for why this is. The results indicate that there are several questions that would be interesting to ask in the future to get more information about what companies do, what they do not do and why. Further deepening the understanding of existing perceptions, can be part of what is required to pave the way for companies to work for sustainable development and at the same time achieve profitability.

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Carmer, Stephen I. "Corporate Environmental Strategies for Balancing Profitability with Environmental Stewardship." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/7279.

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In the United States, citizens concerned with climate change and income inequity scrutinize the activities of corporations. Sustainability and corporate social responsibility (CSR) have a critical role in business management, because stakeholders demand transparency in a company's operations. This correlation study, grounded in stakeholder theory, examined the relationship between environmental initiatives, CSR, and net profit for U.S. corporations. Participants included 96 companies with listing on either National Association of Securities Dealers Automated Quotations, or the New York Stock Exchange, or both, with and without evidence of CSR and environmental disclosures. The multiple regression analysis significantly predicted higher net profit for companies disclosing CSR information, with the statistical evidence demonstrating the importance of environmental and social responsibility, F(2,93) = 31.650, p = .00, R2 = .405. The environmental variable was not significant at p = .651, while the CSR variable proved significant at p = .04, indicating a need for organizations to participate in CSR activities. Recommendations for further research entail exploring the return on assets, net profit ratio, and return on equity. Implications of study findings for social change include support for companies to participate in global reporting organizations and CSR activities.

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Valentin, Dr Daisy. "Relationship Between Corporate Social Responsibility, Environmental Management, and Profitability." ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/5282.

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The U.S. hospitality industry's profitability has been shifting to environmental management and corporate social responsibility (CSR) practices. Hospitality industries accounted for 5% of the global market in 2015 and are expected to increase by 130% in 2035. Grounded in stakeholder theory, this correlation study examined the relationship between corporate sustainability officer (CSO) CSR, CSO environmental management, and hospitality business profitability. Secondary data were collected from 97 hotel websites of the Minneapolis-St. Paul, Minnesota area from 2014 to 2016. The multiple linear regression combinations of CSR and environmental management (EM) measured significantly related to the profitability index, F(3, 93) = 4.67, p < .001, adj. R2 = .13. The sample multiple correlation coefficients were .36, indicating approximately 13% of the variance of the profitability index. The multiple linear regression combinations of CSR measures significantly related to the profitability index, F(2,94) = 6.05, p < .001, adjusted R2 = .11. The sample multiple correlation coefficients were .34, indicating approximately 11% of the variance of the profitability index. The linear combination of EM measures were not significantly related to the profitability index, F(2,94) = 2.91, p < .001, adjusted R2 = .06. The sample multiple correlation coefficients were .24, indicating approximately 6% of the variance of the profitability index. The implications for positive social change include the potential to identify hospitality industry leaders involved in environmental management who have a CSR to promote social change in their communities.

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Arndt, Stephanie, Gunnar Gaitzsch, Carsten Gnauck, Christoph Höhne, Anne-Karen Hüske, Thomas Kretzschmar, Ulrike Lange, Katrin Lehmann, and André Süss. "The Relation between Corporate Economic and Corporate Environmental Performance." Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden, 2011. http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-38454.

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For almost 40 years researchers have been trying to identify the relationship between corporate environmental and corporate economic performance. Neither theoretical debate nor empirical studies investigating the relationship show conclusive results. Within a field research seminar at Technische Universität Dresden, nine students conducted a meta-analysis of 124 studies to assess different aspects of the relationship between corporate economic and corporate environmental performance. In the first part of our paper, we analyze and present the theoretical background based on a review of literature. In the second part, we test for empirical evidence. At first, the conceptual frameworks and measurement methods for corporate economic and corporate environmental performance are discussed. We also look at the impact of environmental performance on shareholder value. Thereafter, we examine the influence of time, industries and publication bias. In conclusion, our research indicates that the quality of journals merits further examination to improve results.

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Anne, Bergmann. "The Link between Corporate Environmental and Corporate Financial Performance." Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden, 2017. http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-220052.

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For more than 40 years, a tremendous number of studies have empirically explored the relationship between Corporate Environmental Performance (CEP) and Corporate Financial Performance (CFP). This study considers the relationship from a new perspective—via a qualitative research approach based on expert interviews. First, practitioners are queried for their view on the link between CEP and CFP and how to measure it. Since the vast majority see a positive relationship, this study contributes with a new form of evidence that it pays to be green. The chosen qualitative approach also allows a more detailed analysis of underlying cause-and-effect mechanisms. For instance, interviewed practitioners emphasize a direct and indirect impact from CEP on CFP. Second, the study conducts interviews with experts from research and associations (non-practitioners) and compares the viewpoints of the two interview groups. One prevalent difference refers to the fact that non-practitioners do not focus on the two impact levels. Moreover, business experts perceive the link between CEP and CFP as much less complex and reveal more pragmatically oriented considerations. The study then discusses how the interview results and identified differences can be used to direct future research and to support corporations in their move towards sustainability.

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Konadu, Renata. "Corporate environmental performance and corporate financial performance : empirical evidence from the United Kingdom." Thesis, Bournemouth University, 2018. http://eprints.bournemouth.ac.uk/31139/.

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The concept of environmental management and its related issues have received heightened attention in global discussions due to climate change, global warming and other environmental challenges over the last three decades. To abate and avert these challenges, efficient environmental processes, strategies, policies, initiatives and practices have been adopted by some companies and countries. As a result, research scholars have also highlighted the financial implication of engaging in such environmental management activities and have advanced investigations to understand the relationship between corporate environmental performance (CEP) and corporate financial performance (CFP). Nonetheless, results are inconsistent and contradictory, thus, leaving a gap in the literature that calls for further examination. The primary aim of the study is to examine the relationship between CEP and CFP in listed firms in the UK. There are three sub-specific objectives strategically drafted to contribute to the existing literature on the subject matter. First, to investigate the impact of CEP (i.e., environmental operational performance (EOP) and environmental management performance (EMP)) on corporate financial performance (i.e., accounting-based and market-based measures) in the various sectors from 2009 to 2015. Second, to investigate the non-linear relationship between environmental operational performance and corporate financial performance in the carbon and non-carbon intensive sectors. Lastly, to explore the extent to which EOP mediates the relationship between environmental management performance and CFP. In order to achieve the above-mentioned objectives, the study used a sample size of 196 listed firms on the Financial Times Stock Exchange (FTSE) All-Share Index from the year 2009 to 2015. The secondary data examined in the study was sourced from ASSET4 Environmental, Social and Governance (ESG), Companies‘ Annual Reports and DataStream. To begin with the analysis, an econometric model was developed to establish the correlation between the dependent variables (i.e., financial performance indicators) and the independent variables (i.e., EOP and EMP) with the use of Stata statistical tool. After which, the panel data regression fixed effect was utilised to explore the actual relationship between CEP and CFP. The descriptive results from the analysis indicate that financial and industrial firms are the most dominant sectors represented in the sample. Despite its dominance in the sample, some existing studies seem to validate the opinion that including financial firms in analysis such as this would invalidate the final results due to their different reporting styles. In order to examine and provide empirical evidence regarding those arguments, the study further investigated the CEP-CFP relationship exclusively and inclusively of the financial sector. After such exploration, it was found that indeed excluding and including financial firms from the overall study sample did have significant impact on the overall results. For instance, when financial firms were included in the sample, ROS was not statistically significant in relation to any of the EOP measures. However, upon exclusion of the financial firms, scope 1 emissions were found to be significantly and positively associated with ROS. These results provide confirmatory evidence that indeed including/excluding financial firms in studies relating to environmental performance has to be done with the necessary caution. The panel regression tests also revealed that Greenhouse Gas (GHG) emission, which is a measurement proxy for EOP, should be examined in their separate scopes and not together. The results support the multi-dimensional construct hypothesis emphasised in this study. It was also found that each scope of GHG emission affects accounting and market-based financial performance measures differently. Furthermore, grouping firms into carbon-intensive and non- carbon intensive showed a different perspective of the EOP and CFP relationship. In other words, a non-linear relationship was found for most of the EOP measures including Scope 1 and 2 GHG emissions, resource use reduction and water consumption when tested with the financial performance measures. Additionally, when the mediation effect was tested, it was discovered that only the two scopes of GHG emissions out of the four environmental operational performance measures employed in this study mediated the EMP and CFP relationship. Regarding the EMP and CFP relationship, environmental policies, monitoring, processes and management systems were found to be signifcantly related with CFP. It was also discovered that scope 1 fully mediated the association between environmental policies, monitoring, management systems and Returns on Assets (ROA), Returns on Capital Employed (ROCE) and Stock Price. Likewise, scope 2 also demonstrated a full mediation effect on the relationship between environmental policies, monitoring, management systems, processes and Stock Price, ROCE and Returns on Sales (ROS). The study contributes knowledge to existing literature and studies in a number of ways. First, the segregation of total GHG emissions into the individual scopes has brought additional insights into the policy development of GHG emissions reduction. For instance, there is evidence that scope 1 emissions are positively related to ROS whereas scope 2 emissions have a significant adverse impact. However, when financial firms were included in the sample, scope 2 showed a positive link with financial performance while scope 1 rather revealed a negative association with CFP. This suggests the need for the various sectors to advance different policies if they expect to improve their financial performance. Furthermore, the results enrich the literature on non-linear relationships between environmental performance and CFP. The current study‘s distinction of the non- linear relationship between carbon intensive and non-carbon intensive firms will help inform management in those sectors on the specific operational performance to focus on and how to utilise such relationship for enhanced performance. Lastly, the study contributes to the CEP literature by indicating the interrelationship between environmental operational and environmental management performance. Such mediated association will help researchers to appreciate the need to use both dimensions of CEP in order to ascertain the robust relationship that exists between both performances.

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Ismayilov, Elvin, and Rajput Masood Salman Meo. "The impact of corporate social responsibility on short-term profitability." Thesis, Umeå universitet, Företagsekonomi, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-150192.

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Every actor of the society has its own expectations about the companies. Shareholders are interested in the maximization of the profitability, managers are interested in sustainability, and partners are interested in fulfilment of the business ethics. And the company with well-structured CSR policy should be able to meet expectations of all stakeholders. This can cost large part of the company's resources. It can potentially impact on company’s profitability whether positively or negatively. Using the quantitative research method we tried to explore the impact of CSR policy on the short-term profitability. Our research question is composed as:What is the relationship between CSR and short-term profitability?The main purpose of this study is to analyze and present positive or negative links between CSR policy and corporate financial performance (CFP) using different profitability indicators. We analyzed impact of weighted average CSR score and environmental rank on the short-term profitability.The theoretical framework of the thesis consists of different theories, such as stakeholder theory, shareholder theory, agency theory, legitimacy theory and etc.The research conducted in accordance with the functionalist research paradigm, the objectivist ontological and positivist epistemic research philosophies using the deductive approach. Our result indicates that there negative relationship between CSR performance and short-term profitability. Also we found that CSR policy can negatively impact on return on assets. This in turn could have negative implications on shareholders and stakeholders. No positive correlation between CSR policy and profitability observed. All in all, the expenses on CSR policy have a negative impact on indicators of financial performance.

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Mahbub, Tasmina. "The performance of Bangladeshi commercial banks : the role of corporate governance." Thesis, University of Manchester, 2016. https://www.research.manchester.ac.uk/portal/en/theses/the-performance-of-bangladeshi-commercial-banksthe-role-of-corporate-governance(8fcbba3e-7b37-470e-92e7-1a905718ab15).html.

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Academic studies of Bangladeshi Private Commercial Banks (PCBs) have identified issues of Corporate Governance relating to ‘crony capitalism’ and political influence. The thesis combines quantitative and qualitative methods. The research employs conventional econometric panel estimation and a novel method of estimating efficiency using a non-parametric bootstrapping technology. The results reveal significant performance differences. To understand the causes underlying the differences in revenue efficiency and profitability, multiple lenses from theories of Corporate Governance are adopted to design semi-structured interviews. Twenty in-depth interviews from a sample of banks, both managers and board members and industry stakeholders are supplemented with documentary analysis. The quantitative findings reveal a performance gap between 1st Generation PCBs and 2nd and 3rd Generation PCBs in terms of Efficiency and Profitability. 1st Gen PCBs perform worst whereas there is no statistical difference between Gen 2 and Gen 3 PCBs. Moreover, there is no sign of catch-up or improvement for the 1st Generation PCBs. The research demonstrates that an increasing amount of 1st Generation banks’ Non Performing Loans is the main reason for this performance gap. The interview data relate the performance gaps to inadequate Corporate Governance. The research identifies family dominated boards that have encouraged crony capitalism and featherbedding of employees resulting in excessive Non Performing Loans and higher overhead costs. Also, these 1st Generation banks are excessively large in terms of employees, rural branches and remittance earnings leading to a culture of invulnerability to takeover.

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HuangFu, JiangBo. "Corporate Social Responsibility (CSR) and Profit Performance: CSR for Profitability, CSR for Social Welfare, or CSR for both Profitability and Social Welfare?" OpenSIUC, 2017. https://opensiuc.lib.siu.edu/theses/2180.

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This study focuses on the topic of CSR and profitability and extends the current literature on the topic by examining the relationship between CSR and profitability from a game theory setting. Specifically, this study implements game modelling and develops two parts of analysis on the topic of CSR and profitability. The goal of part one analysis is to investigate competing CSR firms in comparison with competing non-CSR firms. The part two analysis is to study a CSR firm and a non-CSR firm that compete in the same market in two scenarios. In scenario 1, the CSR firm and its non-CSR counterpart compete for profitability. In scenario 2, the CSR firm is operating to optimize its defined welfare objective; whereas the non-CSR operates for a maximized profit level. The solutions to the models complemented with a detailed analysis reveal that the CSR could actually gain strategic and competitive advantages over its non-CSR counterpart in both defined scenarios. However, this study does not intend to advocate a positive relationship between CSR and profit performance. The positive relationship is qualified, and whether or not the relationship is positive, as this study shows, is dependent on the firm’s tactics.

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Kim, Kyungho. "Corporate environmental strategy, environmental performance, and financial performance in the U.S.A. heavy polluting industries, 1991-2005." Thesis, Boston University, 2012. https://hdl.handle.net/2144/12450.

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Thesis (D.B.A.)--Boston University PLEASE NOTE: Boston University Libraries did not receive an Authorization To Manage form for this thesis or dissertation. It is therefore not openly accessible, though it may be available by request. If you are the author or principal advisor of this work and would like to request open access for it, please contact us at open-help@bu.edu. Thank you.
This is a longitudinal study using KLD, EPA TRI and Compustat data to address several questions about the relationships between corporate environmental strategy, financial performance, and environmental performance in a sample of companies operating in the so-called "dirty" industries in the USA from 1991 to 2005. There have been numerous publications on sustainability over the last 35 years, but there is a dearth of research providing evidence in support of the theories and views advanced. The literature has focused on two issues: the relationship between corporate environmental strategy (ES) and environmental performance (EP) and the relationship between environmental performance and financial performance (FP). The preliminary research described in Chapter 2 of this dissertation explores several fundamental research questions. Building on this exploratory work are three chapters, each being a more tightly focused and rigorous study of several quite specific research questions: Chapter 3 deals with caveats for researchers using KLD data; Chapter 4 explores the relationship between corporate ES and EP in light of advances made in Chapter 3; and Chapter 5 deals with heterogeneity in the ES-EP-FP-Slack system. Chapter 6 summarizes the findings of both the preliminary and principal research and outlines future research possibilities.

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Salo, James P. "Corporate Environmental Performance: Governance, Intangible Assets, and Financial Markets." Thesis, University of Oxford, 2006. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.487052.

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Anne, Bergmann. "The Link between Corporate Environmental and Corporate Financial Performance: Viewpoints from Practice and Research." Multidisciplinary Digital Publishing Institute (MDPI), 2016. https://tud.qucosa.de/id/qucosa%3A30194.

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For more than 40 years, a tremendous number of studies have empirically explored the relationship between Corporate Environmental Performance (CEP) and Corporate Financial Performance (CFP). This study considers the relationship from a new perspective—via a qualitative research approach based on expert interviews. First, practitioners are queried for their view on the link between CEP and CFP and how to measure it. Since the vast majority see a positive relationship, this study contributes with a new form of evidence that it pays to be green. The chosen qualitative approach also allows a more detailed analysis of underlying cause-and-effect mechanisms. For instance, interviewed practitioners emphasize a direct and indirect impact from CEP on CFP. Second, the study conducts interviews with experts from research and associations (non-practitioners) and compares the viewpoints of the two interview groups. One prevalent difference refers to the fact that non-practitioners do not focus on the two impact levels. Moreover, business experts perceive the link between CEP and CFP as much less complex and reveal more pragmatically oriented considerations. The study then discusses how the interview results and identified differences can be used to direct future research and to support corporations in their move towards sustainability.

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Salama, Aly Ibrahim. "The relationship between corporate environmental disclosure, environmental reputation, and firm financial performance : UK evidence." Thesis, University of Nottingham, 2003. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.397582.

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Golubkov, Dmitry. "Corporate political connections in Russia and their implications for firm-level operational, financial, and investment activities." Thesis, Cergy-Pontoise, Ecole supérieure des sciences économiques et commerciales, 2016. http://www.theses.fr/2016ESEC0006.

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Les trois essais, qui constituent les principales contributions théoriques et empiriques de cette thèse, sont présentés dans les chapitres1 à 3. Le chapitre 1 présente le premier essai intitulé « Relations politiques d'entreprise en Russie et leurs implications pour la performance et la rentabilité des entreprises ». Le chapitre 2 représente le deuxième essai intitulé « Banque et relations politiques en Russie et leurs implications pour les coûts au niveau de la dette ». Le chapitre 3 présente le troisième essai intitulé « Relations politiques d'entreprise en Russie et leurs implications pour l'activité d'acquisition au niveau de l'entreprise » Bien que développés séparément, ces chapitres sont interconnectés de façon cohérente, comme le montre la figure GI-1. Conceptuellement, la construction théorique principale dans ces trois chapitres est l'effet ultime que les liens politiques des entreprises ont sur la performance et la rentabilité des entreprises. Cet effet peut être étudié directement (pour obtenir une grande image de l'impact que ces différents types de liens politiques ont sur la rentabilité et la performance), et aussi indirectement (en examinant précisément les effets des différents types de liens politiques sur les déterminants de rentabilité et de performance). Plus précisément, le chapitre 1 aborde la grande image en régressant les ratios de rentabilité et de performance et de leurs déterminants fondamentaux sur différents types de relations politiques. Le chapitre 2 enquête précisément sur l'impact des différents types de relations politiques et bancaires sur le coût au niveau de la dette de l'entreprise, qui à son tour affecte la rentabilité et la performance, et le chapitre 3 examine les effets des différents types de liens politiques sur l'activité des acquisitions au niveau des entreprises qui potentiellement peuvent également affecter les ratios de rentabilité et de performance. Suite à ces trois chapitres, le mémoire se termine par une conclusion générale présentant les principales conclusions de cette thèse, les limites et les perspectives pour la recherche future
This dissertation consists of three chapters representing three self-contained essays on the effects of corporate political connections on firm operational, financial, and investment activities. The research is based on a sample of Russian non-state-owned companies operating within the period of 2000-2013. Chapter 1 investigates the effect of corporate political connections on firm performance and profitability. I find that political connections to the executive branch of the central (federal) government positively affect connected firm’s return on sales, return on assets, return on equity and market-to-book ratio. These improvements are conditioned by better operating performance of the connected firm. At the same time financial and taxation costs are not seriously affected by political connections. Contrary to the effect of federal ties, connections to regional authorities bring more costs than benefits to the connected firms with both operating performance and overall performance indicators showing decline in presence of regional political ties. The latter effect can be explained by greater costs which regionally connected firms have to bear in order to contribute to the economic development of regions and provinces to which they are connected. Overall, Chapter 1 provides direct evidence on the effects of corporate political connections on firm profitability, performance, and their basic determinants, also showing that different types of connections differently affect performance. Chapter 2 examines the effect of corporate political and bank connections on firm-level cost of debt. I find that corporate connections to banks decrease cost of debt of a firm. However this effect works only if a firm has connections to a state-owned bank, not a private bank, and connections to a state-owned bank are to be maintained through a significant shareholder of the firm, not CEO, or board member. I also find that corporate connections to the executive branch of the central (federal) government decrease cost of debt. The latter effect works only if political connections are strong and cohesive enough, i.e. they were formed under circumstances that required high level of mutual trust and reliability between parties. Overall, the second chapter provides evidence that political and bank connections do really affect cost of debt and reveals important conditions under which connections can have an impact on this variable. Chapter 3 investigates the effect of corporate political connections on firm-level acquisitions activity. I find that political connections to central (federal) government positively affect firm’s propensity to purchase stakes in other firms. This effect works well in the domestic market, but not in the foreign markets. It does also work well with regard to acquisitions of stakes in the open market, but, ironically, not in the process of privatization. At the same time I find that political connections to regional governments are negatively associated with the probability of purchasing a stake by the acquirer. The latter effect may have an explanation that in a “small world” of regional political and business elites it is risky for participants to violate the regional equilibrium of wealth and power, thus firms demonstrate acquisitions activity levels lower than that of the reference group of unconnected firms. Overall, the third chapter provides evidence on the effects of corporate political connections on bidder’s acquisitions activity, showing, however, that different types of connections may differently impact bidder’s propensity to acquire stakes in other firms

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Raneses, Anthony Rivera. "Environmental regulations and market competitiveness : some empirical evidence from electric utilities /." Thesis, This resource online, 1996. http://scholar.lib.vt.edu/theses/available/etd-11072008-063154/.

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Vincent, Olusegun Monsuru. "The impact of corporate environmental responsibility on financial performance : perspective from the multinational extractive sector." Thesis, Brunel University, 2012. http://bura.brunel.ac.uk/handle/2438/7067.

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The research into the relationship between social-environmental responsibility and financial performance continues to draw the attention of both scholars and practitioners. This is because previous studies have not presented an unequivocal outcome as to the direction of causation between the two constructs. To address this obvious gap, this study explores the relationship between corporate environmental responsibility and financial performance with a focus on the extractive sector where previous studies least investigated empirically and one of the worst culprits in environmental degradation. The study explores the impact of corporate environmental responsibility on the financial performance in the extractive sector using a pooled secondary data of 101 multinational extractive companies for the period of 2008-2010 and primary data from a survey of 275 extractive sector managers. The results of this study show that there is no relationship between corporate environmental responsibility and financial performance while the environmental attitude of managers is positively related to the perceived corporate reputation of their companies. A further investigation shows that sector unique characteristics are responsible for the neutral relationship between corporate environmental responsibility and financial performance. However, some results show statistically insignificant positive relation and this points to the fact that in the long-term, poor sensitivity to the environment may not be sustainable.

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Qiu, Yan. "Does corporate environmental and social responsibility matter for firm performance in the UK?" Thesis, University of Exeter, 2013. http://hdl.handle.net/10871/13708.

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In this thesis first, I investigate the link between firms’ environmental and social disclosures (ESD) and their profitability, as well as establish the direction of causality between the two. Second, I examine the association between ESD with firms’ market value, employee productivity and carbon eco-efficiency respectively. Finally, I examine the relations among firms’ CSR related board attributes, CSR strategy and their environmental and social performance (ESP). The first empirical chapter shows that firms with higher profitability tend to provide more ESD, which is consistent with the accounting- and economics- based arguments that ESD involve a real as well as an opportunity cost that more profitable firms with higher slack resources are better able to afford. The results regarding market value analysis show that overall ESD, in particular social disclosures matter to investors. Investors appear to be placing higher values on firms seen to be behaving in a socially responsible manner. Presumably, more responsible behaviour in the social arena reflected in higher disclosure helps to mitigate the information asymmetry, and hence the perceived social risk of the firm. Investors thus place higher values on such firms. The evidence on the link between firms’ ESD and their ESP measures supports this explanation. Specifically, I find that more social (environmental) disclosure in prior year reflects better social (environmental) performance as captured by higher employee productivity (more carbon eco-efficiency) in the current year. The results of the final empirical chapter show that boards having certain CSR- conducive attributes, particularly independent directors, women directors, and directors with financial expertise on the audit committee, are more likely to develop a multi-pronged CSR strategy which in turn translates into superior environmental and social performance. Furthermore, I find that firms with better ESP tend to further strengthen their board CSR orientation. In other words, the analysis suggests the presence of a positive and cyclical link between CSR orientation, firm CSR strategy, and firm environmental and social performance.

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Zhao, Jiangning. "The effect of the ISO-14001 environmental management system on corporate financial performance." online access from Digital Dissertation Consortium, 2006. http://libweb.cityu.edu.hk/cgi-bin/er/db/ddcdiss.pl?3222116.

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Great, Humphrey Edereka. "Small and Medium Enterprises' Profitability Elements in Green Energy Transactions." ScholarWorks, 2015. https://scholarworks.waldenu.edu/dissertations/1781.

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As the primary drivers of Nigeria's economy, small and medium scale enterprise (SME) leaders rely on standby generators for sustainable business operation. Because of this reliance, over 56% of the SMEs operate far below capacity from the effects of power shortages. Guided by the strategic contingency theory, this study explored the profitability strategies of business leaders faced with electricity disruptions within Abuja Federal Capital Territory while adopting corporate social responsibility (CSR) and green practices. Data collection was through face-to-face semistructured interviews using open-ended questions. Participants consisted of 12 business leaders selected from 4 SME categories within Abuja that have imbibed CSR and green practices successfully or were in the process of doing so. The data analysis process involved labeling and coding all data that arose from participant interviews using the modified van Kaam method to identify dominant themes. Data coding and analysis led to the identification of 12 predominant meta-themes, including innovativeness for sustainable green business, strategy challenges and how they were addressed, and the power disruption impact on the effectiveness of CSR and organizational profitability. Findings from this study might contribute to new knowledge and success insights for SME business leaders faced with power shortages, CSR shortages, and losses in Abuja. Social change might result as SME business leaders embrace CSR practices with new environmentally friendly tenets, make sustainable profits, employ more people, and dedicate part of the profits to social services to benefit citizens of Abuja and Nigeria.

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Coulson, Andrea Barbara. "Corporate environmental performance considerations within bank lending processes : the social construction of risk perception." Thesis, Durham University, 1997. http://etheses.dur.ac.uk/1633/.

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Enslin, Shaun. "An investigation of the perception of employees on environmental performance in a corporate company / S. Enslin." Thesis, North-West University, 2010. http://hdl.handle.net/10394/4463.

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The focus of this study was to investigate the perception of employees on environmental performance within a corporate company. In this instance Absa Bank Limited was the organisation under investigation referring directly to the banks impact on the environment. A literature study was conducted to establish an awareness of all related terms and subjects to environmental performance. Further a specific focus on Absa Bank Limited?s environmental impact and the policies and procedures set out by this organisation was researched and discussed. An empirical study was conducted by means of a self completion questionnaire administered by a random sample of employees working for Absa Bank Limited. Quantitative research that was conducted by means of questionnaires were distributed through the Absa Bank Limited Group to 200 employees in the Gauteng and North West Province and distributed through different departments and management levels. 52 usable questionnaires were gathered out of the abovementioned areas. Cronbach Alpha coefficient values were used to determine the internal consistency amongst items in the research instrument. The research instrument used in this study to assess perception of employees on the environmental performance within Absa Bank Limited had acceptable reliability, since not one of the constructs had a lower Cronbach Alpha coefficient than 0.7. The correlation between the demographical variables and the seven constructs were examined by independent t–tests and effect sizes. The demographical factors used were the gender classification of respondents, number of years employed by Absa Bank Limited and the management level of the respondents. In all instances the effect sizes were too small to be of any practical significance since none of the effect sizes had a large effect (d–value = 0.8). Recommendations and practical ways in which environmental performance could be enhanced and maintained in Absa Bank Limited were discussed. It was also reccomended that systems and procedures should be revisited and adapted to ensure adherence to the requirements of environmental performance. The report concluded by addressing the achievement of all the objectives, and by recommending possible future research that could be undertaken based on this study.
Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2011.

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Lennartsson, Sofia, and Lena Pettersson. "Corporate Social Responsibility och dess inverkan på lönsamhet i nordiska börsnoterade företag." Thesis, Högskolan i Skövde, Institutionen för handel och företagande, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:his:diva-13943.

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Corporate social responsibility (CSR) är ett aktuellt ämne som syftar till att företag ska ta ett större samhällsansvar, både ur ett ekonomiskt, miljömässigt och socialt perspektiv. Den globalisering som råder i världen påverkar inte bara ett internt företagsklimat, det ger även effekter på omgivande samhälle och individer, vilket tillsammans med sociala påtryckningar skapar ett behov av CSR. Ansvaret till samhället innebär inte bara ekonomiska och lagliga aspekter, dock ska ett etiskt och filantropiskt perspektiv också antas. Idag är CSR ett frivilligt åtagande och för att kunna motivera företag till ett större ansvarstagande för sitt agerande ämnar denna studie att undersöka, ur ett nordiskt sammanhang, om ett företags hållbarhetsarbete genererar lönsamhet. Studien utgår från nordiska börsnoterade företag som ingår i Dow Jones Sustainability Index (DJSI). Indexet representeras av de bäst presterande hållbarhetsföretagen i världen som kvalificerat sig till att ingå. Genom en deduktiv kvantitativ metod studeras sambandet mellan CSR och lönsamhet för att förklara vilken effekt variabeln Corporate Social Performance (CSP) har på variabeln Corporate Financial Performance (CFP) under tidsperioden 2010-20162010–2016. Fortsättningsvis undersöks skillnaden i lönsamhet mellan företag som inkluderats i DJSI och matchade likartade nordiska företag som inte ingår i indexet. Undersökningen baseras på sekundärkällor ur ett naturvetenskapligt perspektiv. Studien erhåller ett resultat som påvisar att företag som ingår i hållbarhetsindexet tenderar att vara mer lönsamma än företag som inte ingår genom att redovisningsbaserade mått, bruttomarginal och avkastning på totalt kapital (ROA), har applicerats. Studiens slutsats blir att CSR-arbete kan öka lönsamheten i nordiska företag genom att bli inkluderade i DJSI, studien visar dock att placeringen i indexet inte har någon betydelse. Därav blir studiens bidrag att motivera företag till ett större åtagande av hållbarhetsarbete eftersom CSR kan generera högre lönsamhet.
Corporate social responsibility (CSR) is a current topic which aims to encourage companies to be more responsible as an societal actor, both from an economic, environmental and social perspective. The consequences of the globalization may not only affect the internal business environment, it will also affect the surrounding society and individuals, which together creates a demand for CSR. As a societal actor, companies needs to include ethical and philanthropic responsibilities, and not only take economic and legal aspects into consideration. Currently, CSR is a voluntary commitment and to motivate companies to embrace the responsibility for the society, this study aims to investigate, from a Nordic context, whether companies’ sustainability work generates profitability. The study is based on Nordic listed companies included in the Dow Jones Sustainability Index World (DJSI), which is an index where the top performing sustainability companies can qualify for an inclusion. The correlation between CSR and profitability will be studied through a deductive quantitative method to explain what impact Corporate Social Performance (CSP) has on Corporate Financial Performance (CFP) during the years between 2010-2016. Furthermore, the differences in profitability between companies included in DJSI matched Nordic companies that are not included in the index will be investigated. From a scientific perspective, the survey is based on secondary sources. The results of the study indicates that companies included in the sustainability index tend to have an improved profitability than companies that are not included. This by applying the accounting-based measures gross margin and return on assets (ROA). The conclusion of the study is that CSR can improve profitability among the Nordic companies by an inclusion in DJSI, but the study shows that the placement in the index does not have an impact. Hence, the contribution of this study is to motivate companies to a greater commitment to sustainability because CSR can generate improved profitability.

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Tencati, Antonio. "Corporate social responsibility and firm performance : state of the art and perspectives in social, environmental and sustainability performance management." Thesis, De Montfort University, 2015. http://hdl.handle.net/2086/11022.

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Over more than forty years many proposals have been drawn up to complement, integrate and overcome the traditional methodologies measuring the financial dimension of corporate performance. In parallel, thousands of companies, and especially the listed ones, have introduced, developed and implemented different practices of non-financial reporting. So, what is the state of the art with regard to the most important initiatives aimed at supporting companies in managing social, environmental and sustainability performance? And, what are the current corporate approaches to sustainability evaluation and reporting? In order to answer the two research questions, the study introduced a collaborative paradigm, based on a relational view of the firm, which recognizes the strategic value of stakeholder relationships. The stakeholder framework (that is, the multiple bottom line approach) is the lens adopted to conduct the study. With regard to the first question, a broad and up-to-date review of the most important standards and tools – aimed at managing, controlling, evaluating, and reporting the social, environmental and sustainability performance of companies – has been carried out. In reference to the second question, a qualitative content analysis, based on an interpretive perspective, of the current corporate practices has been conducted. The investigation mainly explored the social/CSR/sustainability reports of sixteen leading companies from four crucial industries (i.e., four firms per each of the four industries: banks, retailing, telecommunications, and utilities). In comparison with previous contributions in this area, the analysis is characterized by depth (that is, the number of items checked for every company), breadth (i.e., the number of stakeholders and documents/information sources covered), and complexity because of the interpretive nature. What emerged from the overall study is that, because of several and different reasons (essentially, complexity and the still prevailing focus on financial value for management tools; redundancy and incompleteness for corporate reports; and lack of innovation, that is, isomorphism, for both), the prevailing methodologies and the corporate evaluation and reporting activities are unable to fully assess the sustainability, that is, the quality, of the corporate relationships with the stakeholder groups. Therefore, in order to fill the gap new solutions are needed. As an attempt to address this point and reconnect theory and practice, a sustainability evaluation and reporting system, that is, the SERS2 methodology, characterized by an innovative, stakeholder-based scheme of integrated report, has been advanced.

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Johnston, Andrew Robert. "Corporate environmental performance indicators : a case study of the water industry in England and Wales." Thesis, University of Hertfordshire, 1998. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.323459.

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Svensson, Katarina. "Applicability of Planetary Boundaries to improve Sustainability Performance at Companies : A Case Study at Sandvik Materials Technology." Thesis, KTH, Hållbar utveckling, miljövetenskap och teknik, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-235937.

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Frågor kopplade till ekologisk hållbarhet i företagssammanhang (både i forskning och inom företagsvärlden) har historiskt inte haft speciellt mycket gemensamt med forskning om ekosystem och miljöprocesser. Styrning av affärsverksamhet för att uppnå ekologisk hållbarhet är typiskt fokuserad på linjära företags eller industri-specifika miljöproblem. Forskningen om ekosystem och miljöprocesser har antagit ett holistiskt perspektiv på miljöproblemen vilket erkänner icke-linjära karaktärsdrag i ekosystemens svar på mänsklighetens avtryck i form av miljöförstörande aktiviteter. Denna studie försöker bringa dessa två skilda tillvägagångsätt tillsammans genom att applicera ett holistiskt perspektiv på ekologisk hållbarhet i företagssammanhang. Detta testas genom att undersöka om hur den konceptuella modellen ’planetära gränser’ kan användas i företag för att stödja företagens arbete med ekologisk hållbarhet. Genom tre analytiska och åtta relaterade empiriska frågeställningar söker denna studie svaret på frågan ifall ramverket ’planetära gränser’ är ett lämpligt verktyg för att förbättra företags prestationer inom ekologisk hållbarhet. En fallstudie på företaget ’Sandvik Materials Technology’ som inkluderar intervjuer med nyckelpersoner och en analys av deras verksamhet och processer utifrån perspektivet ’planetära gränser’, samt en strukturerad litteraturstudie har genomförts för att svara på verktygets lämplighet för applicering i företagsverksamhet. Från litteraturstudien konstateras att föreslagna metoder för implementering på andra nivåer än den globala typiskt inkluderar en kombination av ramverket ’planetära gränser’ med ett annat verktyg. Totalt fann litteraturstudien nio föreslagna kombinationer varav tre var testade i fallstudieformat på regional och nationell nivå. Sex kombinationer inkluderar metoder för att skala ner planetära gränser till andra nivåer än den globala. Implementering av ramverket i företagssammanhang kan enligt den studerade litteraturen assistera företag i deras prestationer inom ekologisk hållbarhet genom att användas för prioritering bland miljöproblem. Vidare har ramverket beskrivits som ett starkt utvärderingsverktyg för externa intressenter. Intervjuerna visade en skepticism mot verktygets möjligheter att förbättra Sandvik Materials Technologys prestationer på (ekologisk) hållbarhetsområdet. Intervjupersonerna tyckte förvisso att det var viktigt att luta sig mot vetenskapen för att ta fram miljömål, men inte bara. Miljömål på företag måste också ta hänsyn till kostnadseffektivitet och/eller affärsmöjligheter. Sandvik Materials Technology´s verksamhet och processer lämpar sig dock väl för en analys utifrån perspektivet ’planetära gränser’ då kopplingar kunde fastställas för alla gränser. Jämfört med företagets nuvarande miljö och klimatstrategi visade analysen utifrån ’planetära gränser’ på några fler möjliga fokusområden (t.ex. biologisk mångfald och påverkan på biokemiska flöden) medans andra förblev desamma (klimatförändringar och vattenanvändning). Det nuvarande huvudfokusområdet, resursanvändning inkluderas dock inte på ngt annat sätt än möjligtvis indirekt. En fullskalig kvantitativ implementering av ramverket ’planetära gränser’ kräver på grund av avsaknaden av robusta metoder starkt engagemang där det ska genomföras. Detta engagemang bedöms saknas på Sandvik Materials Technology, därför konstateras att verktyget ensamt idag inte är moget för implementering på detta företag.
The question investigated in this study is whether the framework ‘planetary boundaries’ can be a suitable tool for improving sustainability performance at companies or not. It does so by investigating three analytical and eight related empirical questions. The methods in this study include; a structural literature review, qualitative interviews with key players at the focal company Sandvik Materials Technology and a qualitative analysis of the steel industry and Sandvik Materials Technology’s relationship to planetary boundaries. From the literature study, it was concluded that as for now, methods for applying the planetary boundary framework lack in maturity. It does not follow from this that there is no scientific relevance in developing methods for application, but more research is needed to confirm a methodological framework for application which is suitable for companies. The interviews revealed a skeptical attitude towards the framework´s ability to improve Sandvik Materials Technology´s sustainability performance. To derive environmental targets from science was viewed as a necessity, however environmental targets in companies must take other aspects (e.g. cost-effectiveness and business opportunity) into account as well. The qualitative Planetary Boundaries analysis showed that the activities and processes at Sandvik Materials Technology is well suited for an environmental assessment based on a planetary boundaries perspective. Some focus areas remained the same as in their current environmental strategy (e.g. climate change and fresh water abstraction) but others (biosphere integrity and biochemical flows) appeared as new possible focus areas. Sandvik Materials Technology´s main focus, resource use, were however excluded from an environmental assessment based on a planetary boundaries perspective. Due to the lack of mature methods, an implementation of the framework at a company requires a strong commitment at the company. The researcher concludes that such level of commitment is lacking at Sandvik Materials Technology. Therefore, this study reaches the conclusion that the planetary boundary framework is, at least for now, not alone a suitable tool for improving sustainability performance at the focal company Sandvik Materials Technology.

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Diseko, Onkaetse Brenda. "An assessment of corporate environmental reporting performance and its alignment to environmental management systems in a South African gold mining company / Onkaetse Brenda Diseko." Thesis, North-West University, 2013. http://hdl.handle.net/10394/8679.

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Corporate Social Environmental Reporting is a process through which companies and organisations can inform the societies within which they operate about their performance on non-economic issues including environmental performance. The Global Reporting Initiative (GRI) is an internationally recognised organisation which has frameworks and guidelines organisations can use to standardise the reports which they issue to the society. Data gathering for reporting on environmental performance can be done in several ways, including by means of the data required for an Environmental Management System (EMS) based on the ISO 14001 “plan – do – check - act” commonly known as the Demming cycle, aimed at continual improvement of environmental performance by an organisation. The clauses in an EMS allow for an organisation to measure its performance and hence the generation of data which can be used for interpretation on environmental performance. The utility of data generated from an EMS is optimised for input towards the generation of a Corporate Social Environmental Report by the level of alignment between the reporting process and the system used for data generation. The aim of this study was to evaluate the level of such an alignment between the two processes for AngloGold Ashanti (AGA), a multinational gold mining company which issues its reports according to GRI guidelines and also has an ISO 14001 EMS in place. The method used entailed a desktop documentary analysis, a questionnaire answered by individuals responsible for implementation of the EMS and an interview posed at corporate level. It was found that despite corporate commitment to continually improve CSER, there is a relative weak alignment between the two systems, with consequent duplication of effort and sub optimal use of human resources. Recommendations for improved alignment include focused education and training of staff on the relationship between CSER and EMS, and improvements in EMS monitoring and measuring procedures.
Thesis (M. Environmental Management)--North-West University, Potchefstroom Campus, 2013

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Martin, Flore. "Impact of organizational characteristics of Environmental Management Systems on environmental performance of private companies in France." Thesis, KTH, Skolan för industriell teknik och management (ITM), 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-279513.

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Effects of the environmental degradation in the last century rose awareness on the need to manage natural resources in a more sustainable manner. The role of the private sector in greenhouse gases emissions and resources use is significant and hence encompasses huge potential to mitigate the environmental impact of human activities. Environmental Management Systems (EMS) has been regarded as an effective way to manage the environmental impact of enterprises. Factors impacting the performance of EMS in French enterprises are investigated. Three aspects of EMS are studied: managerial processes, policy-making process and tools used to monitor environmental impact. Influence of sectorial activity on EMS is studied. In the first phase, a qualitative research approach is used, and twenty-one French enterprises from different sectors are interviewed. Two types of employees are surveyed: employees in charge of the environmental policy within the enterprise, and employees not related to environmental policies. In the second phase, exploratory factor analysis is employed to identify practices leading to best environmental performance. Results from the exploratory analysis reveal that firms with the highest environmental performance tend to have a long-term agenda and consult external stakeholders, namely their customers, to elaborate their environmental policy. Regarding communication channels to educate employees on sustainable practices, it is found that executives are often more informed on sustainable practices and are not responsive to same channels. Results from the qualitative analysis show lack of financial support is still the first obstacle to EMS implementation, and business strategy is rarely aligned with the environmental strategy of the company. Therefore, there is a strong need to create a compelling business case for EMS.
Effekterna av miljöförstöring under förra seklet ökade medvetenheten om behovet av att hantera resurser på ett mer hållbart sätt. Den privata sektorns roll i utsläpp av växthusgaser och resursanvändning är betydande och omfattar därför en enorm potential för att påverka miljöns hållbarhet. Environmental Management Systems (EMS) har betraktats som ett effektivt sätt att hantera företagens miljöpåverkan. Faktorer som påverkar resultatet av EMS i franska företag undersöks. Tre aspekter av EMS studeras: ledningsprocesser, beslutsfattande och verktyg som används för att övervaka miljöpåverkan. Påverkan av sektoraktivitet på EMS studeras. I den första fasen används en kvalitativ forskningsmetod och 21 franska företag från olika sektorer intervjuas. Två typer av anställda undersöks: anställda som ansvarar för miljöpolitiken inom företaget och anställda som inte är relaterade till miljöpolitiken. I den andra fasen används undersökande faktoranalys för att identifiera metoder som leder till bästa miljöprestanda. Resultat från den undersökande analysen visar att företag med högsta miljöprestanda tenderar att ha en långsiktig agenda och konsultera externa intressenter, nämligen deras kunder, för att utarbeta sin miljöpolicy. Beträffande kommunikationskanaler för att utbilda anställda om hållbar praxis, konstateras att chefer ofta är mer informerade om hållbara metoder och inte svarar på samma kanaler. Resultat från den kvalitativa analysen visar att bristen på ekonomiskt stöd fortfarande är det första hinderet för implementering av EMS, och affärsstrategi är sällan i linje med företagets miljöstrategi. Därför finns det ett starkt behov av att skapa ett övertygande affärsfall för EMS.

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Shim, Young Soo. "INVESTIGATING THE DETERMINANTS AND ENDOGENOUS INFLUENCES OF ENVIRONMENTAL REPUTATION." OpenSIUC, 2017. https://opensiuc.lib.siu.edu/dissertations/1459.

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AN ABSTRACT OF THE DISSERTATION OF Young Soo Shim, for the Doctor of Philosophy degree in Accountancy, presented on 03/10/2017, at Southern Illinois University Carbondale. TITLE: INVESTIGATING THE DETERMINANTS AND ENDOGENOUS INFLUENES OF ENVIRONMENTAL REPUTATION MAJOR PROFESSOR: Dr. Royce D. Burnett This study investigates (1) the determinants of a firm’s environmental reputation and (2) the impact of this reputation on employee productivity and financial performance. I extend existing work in this area by focusing on both the endogenous and exogenous benefits of the reputation. The endogenous benefits refer to positive impacts of the reputation on employee morale and employee productivity, which have generally been ignored by prior research. In developing my research hypotheses, I draw on the following five well-established theories: the costly signaling theory, the resource-based view of firm, the Porter’s eco-efficiency perspective, the social identity theory, and the third-person effect theory. A sample of 271 companies was drawn from the 500 largest U.S. public companies listed in the 2010 Newsweek’s green report. The corporate environmental data for this study were gathered from this report. Meanwhile, the corporate financial data were obtained from the Mergent database. Via multiple regression analyses, I find (1) environmental reputation is significantly and positively predicted by environmental management when firm environmental reputation is high; (2) environmental reputation is significantly and positively related to environmental performance when firm environmental reputation is low; (3) across the board, environmental reputation does not predict employee productivity; (4) environmental reputation is a significant and positive predictor of financial performance only for firms with high environmental reputation; and (5) employee productivity positively and significantly predicts financial performance only for firms with a high environmental reputation.

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Chan, Yau-man Calvin, and 陳有文。. "A feasibility study on applying benchmarking in measuring corporate environmental performance of the concreting industry in Hong Kong." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1999. http://hub.hku.hk/bib/B31254160.

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Chan, Yau-man Calvin. "A feasibility study on applying benchmarking in measuring corporate environmental performance of the concreting industry in Hong Kong /." Hong Kong : University of Hong Kong, 1999. http://sunzi.lib.hku.hk/hkuto/record.jsp?B21301335.

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Pavláková, Dočekalová Marie. "Měření environmentální, sociální, ekonomické a Corporate Governance výkonnosti podniku." Doctoral thesis, Vysoké učení technické v Brně. Fakulta podnikatelská, 2014. http://www.nusl.cz/ntk/nusl-233774.

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The aim of the doctoral thesis is to design and verify a model measuring complex corporate performance integrating environmental, social, economic and Corporate Governance performance in a selected sector of CZ – NACE. The model was constructed in six steps. A basic set of key performance indicators was designed by a synthesis of findings from preliminary research and analysis of approaches of international institutions that deal with the issue of corporate sustainability. Through a questionnaire survey a relevance of a proposed basic set of key performance indicators was verified. Key performance indicators were verified on a group of companies which have more than 250 employees and belong to a CZ – NACE 27.1 Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Subsequently, a reduction of a number of key performance indicators was done by statistical methods so that the explanatory power of the model has been retained as much as possible. In order to model reflect a reality, weights that express an influence of key performance indicators on corporate performance and sustainability were assigned to key performance indicators. Through a literature research a benchmarks for a reduced set of key performance indicators were determined in order to quantify a performance gap. Key performance indicators were aggregated into a single aggregate indicator measuring complex corporate performance by an additive method.

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Jiang, Lijun, and Qishen Yang. "The Relationship between Corporate Social and Financial Performance : Evidence from Chinese Heavy-polluting Industries." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-255712.

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This study investigates the relationship between corporate social performance (CSP)and corporate financial performance (CFP) within the context of a particular CSPelement: environmental investment. Two models of the determinants of companies’environmental investment are estimated in order to capture the difference betweenfirms’ actual and expected level of environmental investment. The regressionresiduals are used as our measure of corporate social performance. Both market-basedand accounting-based measures of financial performance are applied to representcorporate financial performance. With the analysis of a sample encompassing 223Chinese heavy-polluting companies, we have found that it is more likely to observe asignificantly positive relationship between firms’ environmental endeavors and theiraccounting-based financial performance among firms that are more active to disclosecorporate information. Besides, building on our empirical findings that corporatesocial performance is positively correlated with accounting-based financialperformance but has no correlation with market-based financial performance, wesuggest a priority for managers from Chinese heavy-polluting industries when theyfulfill social demands of various stakeholders.

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Allet, Marion. "Microfinance and the environmental bottom line." Doctoral thesis, Universite Libre de Bruxelles, 2013. http://hdl.handle.net/2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/209516.

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Microfinance has strongly developed over the past decades on the promise of reaching a double bottom line of financial viability and social impact. Recently, some actors have started to advocate that microfinance, to be truly responsible, should include a third environmental objective as well. However, little scientific knowledge exists today on environmental management within microfinance institutions (MFIs). The objective of this PhD thesis is to shed light on how MFIs manage their environmental bottom line. More specifically, we identify the strategies adopted by MFIs to improve their environmental bottom line, we propose a new framework to assess the environmental performance of MFIs, and we analyze their motives for going green, the characteristics of MFIs involved in environmental management, and the challenges that they face when implementing environmental programs./La microfinance s’est fortement développée ces dernières années sur la base d’une double promesse :celle d’atteindre une viabilité financière tout en ayant un impact social. Récemment, certains acteurs ont commencé à déclarer que la microfinance, afin d’être véritablement responsable, devrait inclure un troisième objectif, environnemental. Aujourd’hui, les connaissances scientifiques liées à la gestion environnementale au sein des institutions de microfinance (IMF) sont toutefois limitées. Cette thèse s’intéresse donc à la manière dont les IMF gèrent leur impact environnemental. Plus particulièrement, elle identifie les stratégies adoptées par les IMF pour améliorer leur performance environnementale, propose un outil de mesure de la performance environnementale des IMF, et analyse leurs motivations pour devenir vertes, les caractéristiques des IMF engagées dans la gestion environnementale, et les défis auxquels elles sont confrontées lors de la mise en œuvre de programmes environnementaux.
Doctorat en Sciences économiques et de gestion
info:eu-repo/semantics/nonPublished

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Vitorino, Joana Rita Rodrigues. "Eco-inovação e performance sustentável." Master's thesis, Instituto Superior de Economia e Gestão, 2014. http://hdl.handle.net/10400.5/7216.

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Mestrado em Ciências Empresariais
As empresas enfrentam, hoje em dia, uma pressão cada vez maior para adoptarem práticas de sustentabilidade. Por esta razão surgiu uma necessidade de estas reverem os seus processos associados ao desenvolvimento de novos produtos, processos de produção de produtos já existentes e as suas estratégias. A eco-inovação é vista como crucial para o aumento da competitividade económica. O modelo conceptual proposto analisa o impacto de dois antecedentes, a estratégia de inovação e a ética ambiental corporativa, na eco-inovação nas suas três dimensões: eco-produto, eco-processo e eco-organização. O efeito destas três dimensões na performance sustentável e vantagem competitiva são também hipóteses do modelo proposto. Para testar o modelo conceptual foram usadas 81 respostas dadas por empresas de manufatura, certificadas pela norma ISO 9001, a um inquérito enviado por e-mail e preenchido on-line. Os resultados obtidos mostram que a ética ambiental corporativa e a estratégia de inovação tem um impacto positivo na eco-organização e no eco-processo. Contrariamente ao esperado, estes efeitos não foram suportados para o eco-produto. No que diz respeito ao impacto positivo da eco-inovação na performance sustentável verificou-se que este era significante apenas para duas dimensões: eco-produto e eco-processo.
Companies face today, an increasing pressure to adopt sustainable practices. For this reason arose a need for such review their associated development of new products, production processes of existing products and strategy processes. Eco-innovation is seen as crucial for increasing economic competitiveness. The proposed conceptual model examines the impact of two antecedents, the innovation strategy and corporate environmental ethics, on eco-innovation in its three dimensions: eco-products, eco-eco-organization and process. The effect of these three dimensions in sustainable performance and competitive advantage are also hypotheses of the proposed model. To test the conceptual model 81 answers given by manufacturing companies, certified by ISO 9001, a survey sent by email and completed online were used. The results show that corporate environmental ethics and innovation strategy has a positive impact on the eco-organization and eco-process. Contrary to expectation, these effects were not supported for eco-product. With respect to the positive impact of eco-innovation in on sustainable performance it was found that this was significant only in two dimensions: eco- product and eco-process.

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Berg, Agnes, and Emelie Detert. "Implementation of Battery Energy Storage Systems in Residential Buildings : A case study of a multifamily building in southern Sweden, exploring profitability, self-sufficiency and environmental performance." Thesis, Linköpings universitet, Energisystem, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-176780.

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Energy storage is of increasing interest as an enabler of incorporating renewable intermittent power in the power systems globally. There are several technologies for energy storage, and this thesis focuses on battery energy storage systems (BESS). Previous research has shown that it is difficult to install BESS with a payback time within the battery lifetime, making it a challenge to realise profitable investments. The complexity of developing an optimal control of the battery is also documented in research as another challenge. Optimal sizing of the BESS could be a solution to the challenge of reaching profitability. The thesis is identifying and analysing some important technical and energy-related parameters affecting the performance of BESS installations. Identification and analysis of parameters affecting the performance will help build insight into the optimization of BESS and help enable the development of more efficient sizing and operation. By developing an algorithm simulating the BESS when controlled using two different strategies, this thesis additionally contributes to the research by displaying the complexity of battery control, which is realised by the energy management system (EMS). Thereby the thesis is adding to the research base for the future development of smarter and more optimal EMS. The main research methodologies used in the thesis was a literature study and a case study. The results suggested that the energy management strategy used in the battery control was gravely affecting the performance in terms of economic profitability, self-sufficiency and environmental impact. It was also implied that it is difficult to develop an efficient battery control to reach the full potential of the storage system. The main conclusions in this paper are that the most important parameters to consider when implementing a battery storage in a residential multifamily building are battery technology, battery capacity, building load, renewable energy generation, energy management strategy as well as the electricity prices and investment cost. The energy management strategy most favourable for the case building studied was found to be a combination of optimizing the self-sufficiency and performing peak shaving. It would also be preferable to further develop the battery control to also take electricity prices and balance services into consideration. For this, AI and machine learning could be integrated in the control of the system. According to the case study results, the lithium ion battery technology had better potential for reaching economic profitability while the nickel metal hydride technology showed better potential in terms of environmental performance. The choice of battery technology and energy management strategy should however be adjusted to the customer specific demands and prerequisites.

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Abebe, Michael A. "The effect of top management team demographic composition and CEO power on corporate turnaround performance under environmental stability and turbulence /." Available to subscribers only, 2008. http://proquest.umi.com/pqdweb?did=1650505051&sid=10&Fmt=2&clientId=1509&RQT=309&VName=PQD.

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Håkansson, Caroline, and Kristin Salu. "Sustainability in the European Union : The Role of Financial Development in Environmental, Social and Governance (ESG) Performance." Thesis, Linköpings universitet, Nationalekonomi, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-176781.

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This thesis addresses the relationship between financial development and CSR performance, based on countries within the EU. The main objective of this thesis is to critically analyse and discuss the impact of financial development on CSR performance, through using ESG performance as a proxy. Additionally, this study aims at analysing the inclusion of institutional factors when examining the relationship. While the issue of how financial development impacts individual sustainability dimensions is quite well-researched, only one study is found to examine the precise relationship between financial development and ESG performance, concluding a positive linkage in Asia. No similar study is found in the region of the EU. We find the relationship to be complex, where various channels of influence are identified when examining ESG dimensions separately. To examine this relationship, we used panel data regression analysis, based on country level data for EU’s individual member states. Our findings show a complex relationship, implying that financial development has various impacts on ESG performance and varies throughout the range of financial development. This is in contrast to previous empirical research regarding the relationship, concluding an overall positive impact. This study provides no evidence that institutional factors affect the relationship between financial development and ESG performance, but argues for the importance of institutional inclusion, due to the identified influence on ESG practices through channels such as governing laws, regulations, norms and culture. Finally, financial development is concluded as an important catalyst to promote ESG performance within the EU. When suggesting any policy implementation, it is important to keep in mind that different countries within the EU may have different needs regarding the most efficient approach to increase ESG.

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Kulakova, Iuliana. "The impact of Environmental, Social and Corporate Governance (ESG) practices on the financial performance of companies in emerging and frontier markets." Thesis, KTH, Skolan för industriell teknik och management (ITM), 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-264201.

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In this thesis, we explore the proprietary Environmental, Social and Corporate Governance (ESG) scores and analyze their impacts on firm valuation using the sample of 166 companies operating in 35 emerging and frontier markets. Three methods of ESG scores, Principal Component Analysis and regression analysis are used. The results indicate an economically significant relationship between the overall ESG measure and firm value mainly driven by the “Environmental” and “Capital allocation” sub-scores. An exploratory principal component analysis and an extensive list of firm characteristics is also employed in our regression analysis to address problems identified in previous studies - construct validity and endogeneity. The PCA revealed dominance of Environmental and Social components in the variance of the total ESG score. Finally, the strengths and weaknesses of proprietary ESG score and PCAderived index are recognized based on sector- and region level comparison and the opportunities to improve the ESG scorecard framework are identified.
In den uppsatsen, forskning går på Environmental, Social and Corporate Governance (ESG) poäng och analyserar deras påverkan på företagsvärdering genom att använda ett urval av 166 företag som verkar i 35 frontier och tillväxtmarknader. Tre metoder av ESG mätning, Principal Component Analysis och regressionsanalyser tillämpades. Resultat tyder på ett ekonomiskt signifikant förhållande mellan totala ESG mätning och företagsvärdering vilket drivs av miljö och kapitalallokering delpoäng. Principalkomponentanalys och en utförlig lista av företagsegenskaper tillämpades också i våra regressionsanalyser för att adressera problem identifierade i tidigare studier - begreppsvaliditet och endogenitetsproblem. PCA tydde på dominans av miljöoch sociala aspekter i varians av den totala ESG poängen. Avslutningsvis, styrkor och svagheter av ESG-poäng och PCA-härlett index baserat på bransch- samt regionaljämförelser och möjligheterna för förbättring av ESG-mätning ramverk identifierades.

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Jonsson, Peter, and Peter Hedberg. "Raising environmental awarenessand behavior in and by projectmanagement : An organizational culture and change managementapproach." Thesis, Uppsala universitet, Industriell teknik, 2014. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-219027.

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In an increasingly environmentally awareworld, companies are influenced bysustainability thinking and there ismuch talk about certifications,reporting requirements, andenvironmental work. Meanwhile, projectshave become a common way to conductbusinesses, however, without significantenvironmental consideration in theproject process. By using changemanagement in corporate culture andorganizational behavior, we examine howa process of implementation of newapproaches and methods may look like andhow the new work method affects itsusers.This thesis deals with the subject whereenvironmental and sustainabilitythinking is incorporated in projectmanagement. Our ambition is that theresults will lead to greaterunderstanding and awareness in companiesand eventually be developed and fullyutilized. The conclusions first presentthe changes needed to be done in theorganization and its culture and thensome concrete steps to take towards moreeco-friendly project management methodstogether with proposals for reporting.Because the subject is in thedevelopment phase, this is a preliminarystudy and an introduction to a moresustainable project management. Finallythe conclusions present suggestions forfurther studies to get deeperunderstanding in the field.
Miljömedvetenheten och arbetet med att spara på våra resurser tar allt mer fart runt om isamhället. Uttryck som återvinning, energismarta lösningar, förnyelsebar elproduktion ochhållbar avfallshantering får alltmer uppmärksamhet. Detta är högst välmotiverat då vårtnuvarande konsumtionssamhälle inte skulle finnas kvar länge till då vi förbrukar allt mernaturtillgångar, produkter och energi på daglig basis. Aldrig förr har väl uttrycket ingen kangöra allt men alla kan göra något känts så aktuellt som nu. Självklart gäller detta hushåll ochprivatpersoner men framför allt företag och större organisationer vilka ofta spenderar ochförbrukar väldiga resurser. Dessutom är det oftast de som både har pengar och makt attverkligen påverka utgången av konsumerandet.Något annat som blir allt vanligare bland företagens arbetsmetoder är att bedriva sinverksamhet i projektform. I vissa fall har själva företagsidén blivit att man nischat sig helt tillatt skapa och leda projekt åt andra företag, så kallade managementkonsulter.Detta visar alltså flera åtskiljda växande intressen på frammarsch, men bedrivs de utan någrasamband? Företagens befintliga miljöarbete består mestadels i att sätta upp mål vilkaförhoppningsvis kan leda till någon form av certifiering eller intyg på att en viss nivå haruppnåtts. Dessa miljömål har ofta bristfälliga uppföljningar samtidigt som det finns en uppsjöav olika rapporteringsmodeller och certifieringar vilket försvårar kontinuerlig uppdatering avaktuell status inom området.Denna uppsats är gjord på uppdrag av företaget CGI Sweden vilket i vår uppstartsfas hetteLogica. I och med namn- och ägarbytet är de numer ett av världens största IT-konsultbolagmed många stora kunder över hela världen. De har identifierat ett behov av att på projektbasiskunna genomföra kontinuerliga uppföljningar av miljörapportering vilket skulle underlätta förföretag att uppnå sina hållbarhetsvisioner. CGI Sweden miljörapporterar enligt GRI-standardvilket vi haft som utgångspunkt när arbetet startades. Uppsatsens huvudfokus behandlarpotentiella vägar att gå när företag skall genomföra kultur- och organisationsförändringarsamt börja med sitt miljöarbete på projektnivå. Tankar som genomsyrar studien är hurorganisations- och kulturförändringar sker inom företag, om och i så fall hur företag beaktarmiljöarbete inom projektledningen idag, hur stort intresset är att integrera hållbarhet i sinprojektledning, hur man med hjälp av GRI kan utveckla en potentiell framtida metod och vaddetta skulle innebära.En stor del av uppsatsens empiriska material är insamlat från ett flertal intervjuer med insattaprojektledare, chefer och miljöansvariga från företagsvärlden för att få en så tydlig bild sommöjligt av rådande situation och branschernas framtida syn på våra tankar.Utifrån en sammanställning och analys av intervjuerna, GRI-rapporteringar samt teorier omhur förändringsarbete går till har flertalet rekommendationer i form av förslag och tänktalösningar till problemet framkommit och presenteras i resultatet. Detta mynnar ut i slutsatservilka belyser några konkreta steg som är applicerbara. Vi har genom detta arbete även kommitfram till flera tänkvärda förslag till vidare studier.

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Whitelock, Vincent George Ph D. "Relationship between Environmental Social Governance (ESG) Management and Performance – The Role of Collaboration in the Supply Chain." University of Toledo / OhioLINK, 2015. http://rave.ohiolink.edu/etdc/view?acc_num=toledo1450087632.

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41

Hendry, Jamie R. "Environmental NGOs and Business: A Grounded Theory of Assessment, Targeting, and Influencing." Diss., Virginia Tech, 2002. http://hdl.handle.net/10919/27554.

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This dissertation sought to develop a grounded theory explaining how ENGOs assess the environmental performance of firms, select target industries and firms, and influence those targeted industries and firms. A preliminary model based on research in the fields of social movements, neo-institutional theory, stakeholder theory, and corporate social performance was developed. The model contained 21 propositions: seven regarding assessment, nine regarding targeting, and five regarding influencing. Interviews were conducted with 33 representatives of five ENGOs: Natural Resources Defense Council (NRDC), Greenpeace, Environmental Defense (ED), World Resources Institute (WRI), and Union of Concerned Scientists (UCS). NRDC and WRI served as pilot studies. NRDC, Greenpeace, and ED were considered case studies for the purpose of drawing inferences about the propositions. Insufficient interviews were conducted at WRI and UCS to draw inferences from them; however, data from these interviews was included in the dissertation to the extent it provided additional support for the inferences drawn. Qualitative methods were used to analyze the data. Results regarding the propositions were presented, as well as additional findings going beyond the propositions. A grounded theory of how ENGOs assess, target, and influence firms was developed based on the results; a model to accompany the grounded theory was also developed.
Ph. D.

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42

Zantinge, Robert. "Shareholder activism: performing for publicity or actual policy change? : The influence of social and environmental shareholder activism on CSR performance." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-316396.

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43

Johannesson, Gustav, and Martin Westport. "Sambandet mellan Corporate Social Performance och finansiell risk : - En kvantitativ studie som undersöker nordiska företag." Thesis, Linnéuniversitetet, Institutionen för ekonomistyrning och logistik (ELO), 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-75421.

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Examensarbete, Civilekonomprogrammet, Ekonomihögskolan vid Linnéuniversitetet Författare: Gustav Johannesson och Martin Westport Handledare: Andreas Stephan Medbedömare: Anna Stafsudd Titel: Sambandet mellan Corporate Social Performance och finansiell risk - En kvantitativ studie som undersöker nordiska företag Bakgrund: Företags sociala ansvar har ständigt funnits på företagsagendan under senaste åren efter ökade globala utmaningar och större påtryckningar från intressenter. Man kan se allt större risker som är kopplade till företags hållbarhetsarbete. Med bakgrund till detta finns det ett stort intresse och en uppåtgående trend kring hållbara investeringar där Norden är ledande inom området. Syfte: Studiens syfte är att förklara sambandet mellan Corporate Social Performance, både på en sammanslagen och individuell nivå, och finansiell risk. Metod: Genom den deduktiva forskningsansatsen och den kvantitativa forskningsstrategin som är baserad på paneldata testar författarna sina hypoteser. Författarna bygger sina hypoteser på intressentteorin och riskhanteringsteorin som testas med ett nordiskt urval på 144 företag under tidsperioden 2002-2016. Slutsats: Studiens resultat visar att det finns ett negativt samband mellan Corporate Social Performance och finansiell risk. Det finns även ett negativt samband mellan företags sociala prestationer och finansiell risk. Detta är i linje med författarnas förväntningar. Däremot visar resultatet inga samband mellan företags miljömässiga och styrningsmässiga prestationer och deras finansiella risk.
Degree Project, The Business Administration and Economics Programme, School of Business and Economics at Linnaeus University Authors: Gustav Johannesson and Martin Westport Supervisor: Andreas Stephan Co-assessor: Anna Stafsudd Title: The relationship between Corporate Social Performance and Financial Risk - A quantitative study that examines Nordic companies Background: Corporate Social Responsibility has been on the corporate agenda in recent years following increased global challenges and greater pressure from stakeholders. One can see more risks associated with corporate sustainability. This has led to a great interest globally and an upward trend in Socially Responsible Investing where the Nordic region is at the leading edge. Purpose: The purpose of the study is to explain the relationship between Corporate Social Performance, both at a combined and an individual level, and financial risk. Method: Through the deductive research approach and the quantitative research strategy that is based on panel data, the authors test their hypotheses. The authors base their hypotheses on stakeholder theory and risk management theory and test them with a Nordic sample of 144 companies over the period 2002-2016. Conclusion: The study results show that there is a negative relationship between Corporate Social Performance and financial risk. There is also a negative relationship between social performance and financial risk. This is in line with the authors’ expectations. However, the results show no relationship between companies’ environmental and governance performance and their financial risk.

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44

Fonseca, Marta Carolina Rosa. "Sustentabilidade corporativa : práticas de sustentabilidade e performance sustentável no sector das TIC." Master's thesis, Instituto Superior de Economia e Gestão, 2015. http://hdl.handle.net/10400.5/10606.

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Mestrado em Gestão e Estratégia Industrial
A literatura da sustentabilidade salienta a importância da implementação de práticas de sustentabilidade nas actividades económicas das empresas como resposta à pressão exercida por diversos factores externos e pela própria ética ambiental incumbida nos valores corporativos, para que as empresas minimizem o seu impacto no meio ambiente e na sociedade. A adopção destas práticas, para além de satisfazer as necessidades dos diversos stakeholders, pode trazer benefícios económicos e melhorias na performance sustentável (económica, ambiental e social). O presente estudo divide as práticas de sustentabilidade em práticas ambientais e sociais e utiliza o conceito de Triple Bottom Line para medir performance sustentável. O modelo conceptual proposto avalia o efeito que a ética ambiental corporativa e a pressão externa têm na adopção destes dois grupos de práticas, bem como o impacto na performance sustentável. Para testar o modelo proposto foram utilizadas 213 respostas obtidas através de um questionário on-line enviado por e-mail para empresas do sector dos serviços das Tecnologias da Informação e Comunicação. Os resultados obtidos permitem concluir que a adopção de práticas ambientais influencia positiva e significativamente a performance sustentável nas suas três dimensões. Por sua vez, a adopção de práticas sociais tem um impacto positivo e significativo apenas na performance social. No que diz respeito aos antecedentes das práticas de sustentabilidade, verificou-se que a ética ambiental corporativa e a pressão externa têm um impacto positivo e significativo na adopção de práticas quer sociais quer ambientais.
Sustainability literature accentuates the importance of the implementation of sustainability practices into the economic activities of companies as a response to the pressure implemented by several external factors and by the own environmental ethics inserted into the corporative values, so that the companies minimize their impact on the environment and on the society. The adoption of those practices, in addition to satisfy the needs of the several stakeholders, can bring economic benefits and improvements into the sustainable performance (economic, environmental and social). This study divides the sustainability practices in environmental and social practices and uses the Triple Bottom Line concept to measure sustainable performance. The proposed conceptual model assesses the impact that the corporate environmental ethics and the external pressure have in the adoption of the both groups of practices, as well the impact in the sustainable performance. To test the proposed model it was used 213 responses obtained through an on-line survey sent by e-mail to companies from the Information and Communication Technologies service sector. The obtained results allow to conclude that the adoption of environmental practices influences positively and significantly the sustainable performance in its three dimensions. In turn, the adoption of social sustainability practices has a positive and significant impact only in the social performance. Regarding the antecedents of sustainability practices, it is observed that the corporate environmental ethics and the external pressure have a positive and significant impact in the adoption of both environmental and social practices.

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Sung, Kuo-Chuan, and 宋國娟. "The Relationships of Corporate Governance, Environmental Performance and Corporate Performance." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/04285065713561355762.

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碩士
國立中正大學
會計所
93
In the past, jobs of environmental protection were considered the burdens of enterprises. However, at present, environmental performance has already been a part of enterprises’ competitive advantages. Consequently, today’s enterprises can not overlook the problems of environmental protection. Only when enterprises keep their balances on both environmental protection and economy do they can survive. The purpose of this paper is to investigate whether effective corporate governance mechanisms can improve corporate environmental performance, and then further enhance corporate performance. Regression analysis and LISREL model are applied to test the relationships between corporate governance, environmental performance and corporate performance. The evidence of this study shows that: (1) corporate governance has significant negative relation with environmental performance, primarily from the effect of ownerships of institutional investors; (2) the environmental performance of firms in low pollutant industries is significantly positive related with corporate performance; (3) corporate governance has a significant positive effect on corporate performance, and this effect mainly comes from the governance effects of insiders’ ownership; (4) the positive impacts of firms’ corporate governance on corporate performance is not mediated by firms’ environmental performance.

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Wu, Chi-chu, and 吳啟助. "The Influence of Consciousness of Corporate Environmental Ethics and Corporate Environmental Strategies upon Corporate Environmental Commitment and Corporate Environmental Performance." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/85146837238856479120.

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碩士
國立雲林科技大學
企業管理系碩士班
95
Under the formation of various international environmental conventions, agreements and standards, as well as the environmental demand from consumers, environmental related issues have become one of the most important business agenda in the 21th century. This research conducted a questionnaire survey to measure corporate environmental ethics, corporate environmental strategies, corporate environmental commitment and corporate environmental performance. This study mail 400 questionnaires from April to August 2006, and there were 106 valid questionnaires. The valid rate of questionnaires was 26.5%. Regression analysis model was applied to test the relationships between corporate environmental ethics, corporate environmental strategies, corporate environmental commitment and corporate environmental performance. This study also provided several managerial and theoretical implications through empirical test, and proposed several suggestions to future studies.

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Lu, Hui-Ling, and 盧惠伶. "The Financial Performance, Internal Corporate Governance, and Environmental Performance." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/80074673340171751872.

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碩士
國立彰化師範大學
會計學系
92
This research focuses on environmental performance beyond internal corporate governance framework, attempting to integrate and clarify the mutual causal relationships among “environmental performance”, “financial performance”, “executive compensation”, “corporate governance”, and “firm characteristics”. As a result, the purpose of this study aims to examine “the financial implications of environmental performance”, “the compensation implications of environmental performance”, and “the factors driving corporate environmental performance”. To investigate above issues, the study uses the environmental ratings of the public manufacturing firms by EPA Taiwan from 1992 to 2000 as indicators for environmental performance. The main results are presented as follows: 1.Firms who set up environmental management earlier lead to better financial performance. 2.Our results show that executive compensation is negatively associated with environmental performance, indicating that CEOs are compensated for this environmental exposure premium. 3.Corporate financial performance is positively related to its environmental performance. With view of the firm characteristics, corporate competitiveness and long-built environmental reputations are both positively associated with environmental performance, while operating risk and financial risk both lead to weak environmental performance. As for strategy management, it shows firms with differentiation strategy improve their environmental performance most. In the regard of corporate governance, executive compensation and managers’ equity ownership both have a negative association with environmental performance. Although CEO duality and the size of the board have no significant correlation with environmental performance, these findings are consistent with previous literatures. Taken as a whole, environmental performance and financial performance are mutually positively related, while environmental performance and executive compensation are mutually negatively associated. Further more, firm characteristics, such as corporate competitiveness, financial risk and firm size, are in consistent direction toward environmental performance and financial performance individually; however, the impacts of corporate governance separately on environmental performance and financial performance are in opposite directions.

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Yi, Liao Pei, and 廖佩怡. "Does Corporate Governance Matter? Measuring the Profitability and Marketability Performance of Electronics Industry." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/19507686338283213297.

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碩士
國防大學國防管理學院
國防財務資源研究所
97
This study adopts an innovative two-stage production process model including profitability and marketability using Data Envelopment Analysis （DEA） to assess the firm performance electronic industry in Taiwan’s. In addition, this study utilizes reference set analysis to obtain the optimal targets of inputs and outputs for inefficient firms. Truncated regression is used to explore the relationship between performance and corporate governance. Our empirical results show that corporate governance plays an important role in a firm’s have a profitability and marketability performance.

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Shih, Yi Fang, and 施懿芳. "Corporate Governance and Performance on Corporate Environmental Responsibility: A Relevance Study." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/17388460612811816736.

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碩士
中國文化大學
會計學系
99
In earlier years of development, business in Taiwan had not yet matured in taking its proper share of responsibility for environmental protection. As for the part of the government, the pursuance in economic development was put as the leading goal among policy priority thus the government had long been inactive in environment issues and in implementation of the safeguard measures and strategic initiatives. When economic development and growth attained a certain stage, maybe not too long ago from the recent, many environmental problems and challenges in the country emerged where the occurrence and frequency of fatal natural disasters can no longer be ignored. People of all walks begin to incorporate environmental factors in various decision making processes: Will a particular act violate environmental responsibili-ties? The business sector, alike, also starts to take environmental responsibility issues seriously as part of their corporate social responsibility concern. This study applies Logistic, Tobit and OLS regression models to examine if there is a positive relationship among the integrity of good corporate governance, corporate performance and corporate environmental responsibility while the latter is measured by a proxy variable on paying the recycling fees honestly and correctly. Empirical results are as follows: (1) When corporate governance indicator is measured by the number of independent directors, it has a statistically significant positive effect on the probability of pay-ing disposal fees honestly. (2) When market indicator is measured by the Tobin’s q, it has a statistically signifi-cant positive effect on the probability of paying disposal fees honestly. (3) Company size has a statistically significant positive effect on the probability of paying disposal fees honestly.

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許婷娟. "The Relationship between Environmental Performance and Future Corporate Financial Performance." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/78155041670775557372.

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碩士
逢甲大學
會計學系
104
The enterprise taken from society giving back to society. In the past, the main purpose of a corporation was maximize profits, but todays enterprises pay more attention to environmental protection issues. This study investigated whether the improved environmental performance of a company affects its future development and whether the company benefits from its management making business decisions that are more appropriate for enhancing the future financial performance of the company. In this study, lists of candidates from the 2012-2013 Corporate Environmental Award and Labor Safety and Health Unit of Excellence Award were used to derive samples of companies according to a method used by Palepu (1986): Experimental and control samples were matched at a 1:2 ratio. Finally, the effects on the environmental and future financial performance of the companies were examined through multiple regression analysis. The results show that regardless of election outcomes, the winning score, environmental performance, and environmental performance indicators constitute the rate of return on assets (ROA), Tobins Q revealed a significantly positive correlation, indicating that representative election awards require candidate companies to incorporate environmental issues into their internal decision making. Furthermore, companies obtaining the Corporate Environmental Award or Labor Safety and Health Unit of Excellence Award have demonstrated enhanced financial performance, and affecting their short-term market performance (Tobins Q), but their long-term accounting performance (ROA). This study suggests that company managers concerned with high profits incorporate environmental issues into major decisions, because doing so enhances the environmental performance of all aspects of the company to gain advantages in the future. The findings of this study can be used as a reference to promote a companys environmental performance and to develop a system for measuring corporate social responsibility.

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Dissertations / Theses on the topic 'Environmental performance and corporate profitability'

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