Does better environmental performance lead to improved bottom lines? A theoretical framework

Over 40 years of study, researchers have not been able to identify a clear cut relationship between a company’s environmental performance (FP) and its financial performance (EP). For that reason, this paper provides the theoretical framework on the relationship between the two. This framework consid...

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Main Authors:	Hamoudah, Manal, Sulaiman, Maliah, Mohd Alwi, Norhayati, Abideen, Adewale Abideen
Format:	Conference or Workshop Item
Language:	English
Published:	Technische, Universitat Dresden 2013
Subjects:	HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping
Online Access:	http://irep.iium.edu.my/59162/ http://irep.iium.edu.my/59162/1/EP%20FP%20Dresden%20March%202013.pdf

id	iium-59162
recordtype	eprints
spelling	iium-591622017-11-09T08:24:34Z http://irep.iium.edu.my/59162/ Does better environmental performance lead to improved bottom lines? A theoretical framework Hamoudah, Manal Sulaiman, Maliah Mohd Alwi, Norhayati Abideen, Adewale Abideen HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping Over 40 years of study, researchers have not been able to identify a clear cut relationship between a company’s environmental performance (FP) and its financial performance (EP). For that reason, this paper provides the theoretical framework on the relationship between the two. This framework considers a dual perspective from traditional economic research and strategic management field in an attempt to justify the paradoxical results. Specifically the study posits whether companies do well financially under shareholder theory or do good environmentally under resource-based-view (RBV). Further, in attempt to address the methodological shortcomings, especially as it relates to the lack of a robust measure of EP, the current paper proposes four indicators from two broad dimensions. The indicators based on strategic dimension include: top management commitment (TMC) and EMS-ISO14001 certifications, while the operational dimension indicators are both environmental strategy (ES) and programs to reduce environmental impact (PREI). Technische, Universitat Dresden 2013 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/59162/1/EP%20FP%20Dresden%20March%202013.pdf Hamoudah, Manal and Sulaiman, Maliah and Mohd Alwi, Norhayati and Abideen, Adewale Abideen (2013) Does better environmental performance lead to improved bottom lines? A theoretical framework. In: EMAN-EU 2013 Conference on Material Flow Cost Accounting, 20th-22nd March, 2013, Technische Universitat, Dresden, Germany.
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping
spellingShingle	HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping Hamoudah, Manal Sulaiman, Maliah Mohd Alwi, Norhayati Abideen, Adewale Abideen Does better environmental performance lead to improved bottom lines? A theoretical framework
description	Over 40 years of study, researchers have not been able to identify a clear cut relationship between a company’s environmental performance (FP) and its financial performance (EP). For that reason, this paper provides the theoretical framework on the relationship between the two. This framework considers a dual perspective from traditional economic research and strategic management field in an attempt to justify the paradoxical results. Specifically the study posits whether companies do well financially under shareholder theory or do good environmentally under resource-based-view (RBV). Further, in attempt to address the methodological shortcomings, especially as it relates to the lack of a robust measure of EP, the current paper proposes four indicators from two broad dimensions. The indicators based on strategic dimension include: top management commitment (TMC) and EMS-ISO14001 certifications, while the operational dimension indicators are both environmental strategy (ES) and programs to reduce environmental impact (PREI).
format	Conference or Workshop Item
author	Hamoudah, Manal Sulaiman, Maliah Mohd Alwi, Norhayati Abideen, Adewale Abideen
author_facet	Hamoudah, Manal Sulaiman, Maliah Mohd Alwi, Norhayati Abideen, Adewale Abideen
author_sort	Hamoudah, Manal
title	Does better environmental performance lead to improved bottom lines? A theoretical framework
title_short	Does better environmental performance lead to improved bottom lines? A theoretical framework
title_full	Does better environmental performance lead to improved bottom lines? A theoretical framework
title_fullStr	Does better environmental performance lead to improved bottom lines? A theoretical framework
title_full_unstemmed	Does better environmental performance lead to improved bottom lines? A theoretical framework
title_sort	does better environmental performance lead to improved bottom lines? a theoretical framework
publisher	Technische, Universitat Dresden
publishDate	2013
url	http://irep.iium.edu.my/59162/ http://irep.iium.edu.my/59162/1/EP%20FP%20Dresden%20March%202013.pdf
first_indexed	2023-09-18T21:23:46Z
last_indexed	2023-09-18T21:23:46Z
_version_	1777412054706028544

Does better environmental performance lead to improved bottom lines? A theoretical framework

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