|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|92533||2017||37 صفحه PDF||سفارش دهید||11985 کلمه|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Journal of Cleaner Production, Volume 147, 20 March 2017, Pages 340-351
Companies around the world adopt green practices with the aim to reduce their environmental impacts and improve their financial performance. The present study theorizes about and empirically examines the impacts of corporate green practices on financial performance. Indexes of pollution prevention, green supply management, green product development and ISO 14001 adoption are obtained for each firm in a panel of 3490 publicly-traded companies from 58 countries over 13 years. Results show that internal green practices (pollution prevention and green supply chain management) are the major environmental drivers of financial performance, while external green practices (green product development) play a secondary role in determining financial performance. The adoption of ISO 14001 appears to have a negative impact on financial performance. This study provides empirical support for policy-makers promoting environmental practices that may lead to sustainable economic growth.