میوه پایین آویزان را حتی پایین بگذارید - شواهدی وجود دارد که بهره وری انرژی برای عملکرد مالی شرکت ها اهمیت دارد

This analysis aims to prove that an increasing level of corporate energy efficiency is directly related to an improved corporate financial performance. The study bases on a multiple regression analysis and considers the manufacturing industry worldwide. Findings indicate a significant positive link. Hence, the study reveals that managers should pay more attention to the implementation of energy efficiency measures, even though they incorporate investment costs. The analysis further contributes to recent research as it takes into account the impacts on corporate financial performance from activities along the corporate value chain. The regression model specifically includes the nine activities of the corporate value chain as variables to control for effects on corporate financial performance. Since gained results provide a higher predictive power, the study calls future research to explicitly consider specific value chain activities when analyzing impacts on corporate financial performance.