The Effect of Corporate Environmental Strategy Choice and Environmental Performance on Competitiveness and Economic Performance: An Empirical Study of EU Manufacturing

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet


This paper provides a discussion of the relationship between environmental and economic performance and the influence of corporate environmental strategy choice on this relationship. After formulating a theoretical model, it reports results of an empirical analysis carried out for the European manufacturing industry, which uses new data to test hypotheses derived from the model. Corporate environmental strategies are identified on the basis of their orientation towards shareholder value. The analysis finds that for firms with shareholder value-oriented strategies the relationship between environmental performance and different dimensions of economic performance is more positive than for firms without such a strategy.
ZeitschriftEuropean Management Journal
Seiten (von - bis)557-572
Anzahl der Seiten16
PublikationsstatusErschienen - 10.2004

Bibliographische Notiz

Funding Information:
Support from the German Federal Environmental Agency (UBA) and the German Ministry for the Environment (BMU) under research contract 20115111 as well as the Anglo-German Foundation for the Study of Industrial Society (AGF) under research grant 1336 is gratefully acknowledged.

Zugehörige Projekte

  • Corporate Sustainability Barometer 2010

    Projekt: Forschung

  • European Business Environmental Barometer

    Projekt: Forschung