Environmental Shareholder Value: Economic Success with Corporate Environmental Management

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

The links between corporate environmental protection and economic success have been analysed vigorously in several theoretical and empirical studies. Most studies are based on the hypothesis that the amount of environmental protection is somehow - negatively or positively -correlated with the economic success of the company. We argue that the amount of corporate environmental protection per se neither spurs nor reduces shareholder value, which is maybe the most important measure of economic success at present. Moreover, the effect environmental protection exerts on shareholder value is determined by the manner in which corporate environmental management is practised. Referring to the value drivers of shareholder value, we discuss the characteristics necessary to increase shareholder value, or at least to contain any reduction as effectively as possible.
Original languageEnglish
JournalEco-Management and Auditing
Volume7
Issue number1
Pages (from-to)29-42
Number of pages14
ISSN0968-9427
DOIs
Publication statusPublished - 01.03.2000

Recently viewed

Publications

  1. Correlation of trends in cashmere production and declines of large wild mammals
  2. Think globally, learn locally!
  3. Collective emotions in institutional creation work
  4. Adapting Growth Models for Digital Startups
  5. Learning to spend time in unusual times
  6. Contrasting changes in the abundance and diversity of North American bird assemblages from 1971 to 2010
  7. John Stuart Mill: Über die Freiheit
  8. Nichts wie weg
  9. Tortenschlacht
  10. How Individuals React Emotionally to Others’ (Mis)Fortunes
  11. Buffer Institutions in Public Higher Education in the Context of Institutional Autonomy and Governmental Control: A Comparative View of the United States and Germany
  12. Das Anfertigen von Notizen als Lernstrategie beim mathematischen Modellieren
  13. Temperature-dependent mechanical behavior of aluminum AM structures generated via multi-layer friction surfacing
  14. Bird community responses to the edge between suburbs and reserves
  15. Vom Cassislikör zur E-Commerce-Richtlinie
  16. Online CSR communication by listed companies: a factor for enthusiasm or disappointment?
  17. Tree diversity effects on litter decomposition are mediated by litterfall and microbial processes
  18. Bats in a Farming Landscape Benefit from Linear Remnants and Unimproved Pastures
  19. Morphometric differentiation in a specialised snail predatior
  20. Toward a Framework for University-Based Entrepreneurial Ecosystems and Human Capital Development in Sub-Saharan Africa
  21. Effectiveness of psychological interventions in preventing recurrence of depressive disorder
  22. Leading digital innovation in schools
  23. Organizational Wrongdoing, Boundary Work, and Systems of Exclusion
  24. Attention and Information Acquisition
  25. Embracing conflicts for interpersonal competence development in project-based sustainability courses
  26. Moral sensitivity in business
  27. Provisions for nullification of conservation and management measures in RFMO objection procedures
  28. Absenteeism as a Reaction to Harmful Behavior in the Workplace from a Stress Theory Point of View
  29. Where Are the Organizations? Accounting for the Fluidity and Ambiguity of Organizing in the Arts
  30. Realist Inquiry
  31. Communication Assumptions in Consumer Research
  32. Cultures of sustainability and the aesthetics of the pattern that connects
  33. Reasons to leave shiftwork and psychological and psychosomatic complaints of former shiftworkers
  34. Multitrophic arthropod diversity mediates tree diversity effects on primary productivity
  35. Sustainability-Oriented Innovation of SMEs
  36. The Link Between 'Green' and Economic Success