How Does Environmental Performance Matter Across Heterogeneously Performing Groups?

Main Article Content

Kyungho Kim
Hyunwoo Lim

Keywords

Environmental Performance, Environmental Strategy, Financial Performance, Heterogeneous Group

Abstract

This study carefully explores how the established relationship among environmental performance, environmental strategy, and financial performance matters across heterogeneously performing groups. For this purpose, we employ a sample of companies operating in heavy polluting industries in the United States from 1991 to 2005. The result showed that the relationship between these variables definitely varies across different levels of environmentally performing groups, such as best, moderate, and worst performing, suggesting that strategic decision makers and public policymakers alike need to be careful not to make easy conclusions: proactive (reactive) environmental strategy leads to better (poorer) environmental performance, and doing well necessarily results in doing good.

Downloads

Download data is not yet available.
Abstract 267 | PDF Downloads 241