Environmental Shareholder Value: Economic Success with Corporate Environmental Management

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Environmental Shareholder Value: Economic Success with Corporate Environmental Management. / Schaltegger, Stefan; Figge, Frank.
In: Eco-Management and Auditing, Vol. 7, No. 1, 01.03.2000, p. 29-42.

Research output: Journal contributionsJournal articlesResearchpeer-review

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Schaltegger S, Figge F. Environmental Shareholder Value: Economic Success with Corporate Environmental Management. Eco-Management and Auditing. 2000 Mar 1;7(1):29-42. doi: 10.1002/(SICI)1099-0925(200003)7:1%3C29::AID-EMA119%3E3.0.CO;2-1

Bibtex

@article{cb7257f45c3e4b6088dcc448d2f64554,
title = "Environmental Shareholder Value: Economic Success with Corporate Environmental Management",
abstract = "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.",
keywords = "Sustainability sciences, Management & Economics",
author = "Stefan Schaltegger and Frank Figge",
note = "Parallel als Online-Ausg. erschienen unter der Adresse http://dx.doi.org/10.1002/(SICI)1099-0925(200003)7:1<29::AID-EMA119>3.0.CO;2-1",
year = "2000",
month = mar,
day = "1",
doi = "10.1002/(SICI)1099-0925(200003)7:1%3C29::AID-EMA119%3E3.0.CO;2-1",
language = "English",
volume = "7",
pages = "29--42",
journal = "Eco-Management and Auditing",
issn = "0968-9427",
publisher = "ERP Environment",
number = "1",

}

RIS

TY - JOUR

T1 - Environmental Shareholder Value

T2 - Economic Success with Corporate Environmental Management

AU - Schaltegger, Stefan

AU - Figge, Frank

N1 - Parallel als Online-Ausg. erschienen unter der Adresse http://dx.doi.org/10.1002/(SICI)1099-0925(200003)7:1<29::AID-EMA119>3.0.CO;2-1

PY - 2000/3/1

Y1 - 2000/3/1

N2 - 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.

AB - 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.

KW - Sustainability sciences, Management &amp; Economics

U2 - 10.1002/(SICI)1099-0925(200003)7:1%3C29::AID-EMA119%3E3.0.CO;2-1

DO - 10.1002/(SICI)1099-0925(200003)7:1%3C29::AID-EMA119%3E3.0.CO;2-1

M3 - Journal articles

VL - 7

SP - 29

EP - 42

JO - Eco-Management and Auditing

JF - Eco-Management and Auditing

SN - 0968-9427

IS - 1

ER -