The Effect of Corporate Environmental Strategy Choice and Environmental Performance on Competitiveness and Economic Performance: An Empirical Study of EU Manufacturing
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The Effect of Corporate Environmental Strategy Choice and Environmental Performance on Competitiveness and Economic Performance : An Empirical Study of EU Manufacturing. / Wagner, Marcus; Schaltegger, Stefan.
In: European Management Journal, Vol. 22, No. 5, 10.2004, p. 557-572.Research output: Journal contributions › Journal articles › Research › peer-review
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RIS
TY - JOUR
T1 - The Effect of Corporate Environmental Strategy Choice and Environmental Performance on Competitiveness and Economic Performance
T2 - An Empirical Study of EU Manufacturing
AU - Wagner, Marcus
AU - Schaltegger, Stefan
N1 - 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.
PY - 2004/10
Y1 - 2004/10
N2 - 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. © 2004 Published by Elsevier Ltd.
AB - 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. © 2004 Published by Elsevier Ltd.
KW - Sustainability sciences, Management & Economics
KW - Umweltbezogenes Management
KW - Europäische Union
KW - Produktion
KW - environmental strategy
KW - Enviromental performance
KW - EU manufacturing
UR - http://www.scopus.com/inward/record.url?scp=8344280798&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/b352dc02-1ea3-3b76-a167-20bf16c51774/
U2 - 10.1016/j.emj.2004.09.013
DO - 10.1016/j.emj.2004.09.013
M3 - Journal articles
VL - 22
SP - 557
EP - 572
JO - European Management Journal
JF - European Management Journal
SN - 0263-2373
IS - 5
ER -