Journal of Management Research

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Environmental Proactiveness


Affiliations
1 Indian Institute of Social Welfare & Business Management Management House, College Square West Kolkata 700073, India
2 Department of Business Administration University of Kalyani Kalyani, Nadia, West Bengal, India
     

   Subscribe/Renew Journal


There are a number of factors, which contribute to the variations in the environmental performance of organizations. This paper attempts to select the primary environmental performance indicators. Also, an attempt has been made to identify some factors that explain the variations in the overall environmental performance score. Considering the nature of the industry segment, government ownership, total capital investment, total annual turnover, age of the unit and ratio of permanent employees out of total workers as the determinants and the environmental performance score as the dependent variable, multiple regression models were used to ascertain which of the variables significantly influence environmental proactiveness and which of these do not.

Keywords

Environmental Performance Indicators, Environmental Proactiveness, Corporate Environmental Management
User
Notifications

  • Ahmed, K. and Nicholls, D. (1994), The Impact of Non-Financial Company Characteristics on Mandatory Disclosure Compliance in Developing Countries: The Case of Bangladesh, International Journal of Accounting, 29: 62-77.

  • Bradford, D. (2000), Motivating SMEs towards Improved Environmental Performance, The IPTS Report. No. 41, pp. 25-29, Institute for Prospective Technological Studies, Seville.

  • Buzbi, S. L. (1975), Company Size, Listed Versus Unlisted Stocks, the Extent of Financial Disclosure, Journal of Accounting Research, 13(1): 16-37.

  • Cooke, T. E. (1989), Disclosure in the Corporate Annual Reports of Swedish Companies, Accounting and Business Research, 19(74): 113-124.

  • Davis, J. Greening (1994), Business: Managing for Sustainable Development, in Welford, Richard (Ed.) Corporate Environmental Management: Systems and Strategies, p. 159, Universities Press (India) Limited, Hyderabad.

  • Dehua, W.; Chan, Edwin H. W., Liyin, S. (2004), Scoring System for Measuring Contractor?s Environmental Performance, Journal of Construction Research, 5(1): 139-147.

  • Dougherty, Christopher (2007), Introduction to Econometrics (3rd ed.), pp. 224-227, Oxford University Press, Oxford.

  • Earnhart, Dietrich, Lizal, Lubomir (2006), Effects of Ownership and Financial Performance on Corporate Environmental Performance, Journal of Comparative Economics, 34(1): 111-129.

  • Epstein, Marc J., Young, S. David (1998), Improving Corporate Environmental Performance through Economic Value Added, Environmental Quality Management, 7(4): 1-7.

  • Epstein, Mark (1995), A Sound Environmental Policy Adds to Financial Success, Corporate Board, 16(95): 26.

  • Fiksel, J. (1994), Quality Metrics in Design for Environment, in Welford, Richard (Ed.) Corporate Environmental Management: Systems and Strategies, pp. 151-159, Universities Press (India) Limited, Hyderabad.

  • Firth, M. (1979), The Impact of Size, Stock Market Listing and Auditors on Voluntary Disclosure in Corporate Annual Reports, Accounting and Business Research, 9(36): 273-280.

  • Global Environmental Management Initiative (1998), Measuring Environmental Performance: A Primer and Survey of Metrics in Use.

  • Retreived on 21 November 2006, from http://www.gemi.org/ MET_101.pdf

  • Gujarati, Damodar N. (2006), Basic Econometrics (4th ed.), p. 302, Tata McGraw-Hill Publishing Company Limited, New Delhi.

  • Gupta, Shreekant; Goldar, Bishwanath (2003), Do Stock Markets Penalise Environment-Unfriendly Behaviour? Evidence from India. Working Paper No. 116. Centre for Development Economics. Retreived on 21 November, 2006, from http://www.cseindia.org/programme/industry/pdf /stock_market.pdf

  • HaBler, Robert, Reinhard, Dirk (2000), Environmental-Rating: An Indicator of Corporate Environmental Performance, Greener Management International, issue 29: 18.

  • Henriques, I., Sadorsky, P. (1996), The Determinants of an Environmentally Responsive Firm: An Empirical Approach, Journal of Environmental Economics and Management, 30: 381-395.

  • Huijbregts, Mark A. J., Rombouts, Linda J. A., Hellweg, S., Frischknecht, R., Hendriks, A. J., van de Meent, D., et al. (2006), Is Cumulative Fossil Energy Demand a Useful Indicator for the Environmental Performance of Products, Environmental Science & Technology, 40(3): 641-648.

  • Ilinitch, Anne Y., Soderstrom, Naomi S., Thomas, Tom E. (1998), Measuring Corporate Environmental Performance, Journal of Accounting & Public Policy, 17(4/5): 383.

  • Ito, Misako (2006), Environmental Consciousness Increases in Japanese Business, Japanese Economy Division Topic Report, JETRO Japan Economic Report. Retreived on 21 November, 2006, from http://www.jetro.go.jp/en/market/trend/special/pdf/jer0606-1e.pdf

  • Jacobs, M. (1991), The Green Economy: Environment, London: Sustainable Development and the Politics of the Future Pluto Press, in Welford, Richard (Ed.), Corporate Environmental Management: Systems and Strategies, p. 151, Universities Press (India) Limited, Hyderabad.

  • Lu, W. M., Lo, S. F. A. (2007), Benchmark-Learning Roadmap for Regional Sustainable Development in China, Journal of the Operational Research Society, 58(7): 841-849.

  • Madsen, H., Ulhoi, J. P. (1996), Environmental Management in Danish Manufacturing Companies: Attitudes and Actions, Business Strategy and the Environment, 5: 22-29.

  • Madsen, H., Ulhoi, J. P. (1999), Industry and the Environment: A Danish Perspective, Industry and Environment. 22: 35-37.

  • Madsen, H.; Ulhoi, J. P. (2001), Integrating Environmental and Stakeholder Management, Business Strategy and the Environment. 10: 77-88.

  • Madsen, Henning (2003), Have Trends in Corporate Environmental Management Influenced Companies? Competitiveness? Greener Management International. Retreived on 21 November 2006, from http: //goliath.ecnext.com/coms2/summary_0199-3498784_ITM

  • Madsen, H., Sinding, K., Ulhoi, J. P. (1997), Sustainability and Corporate Environmental Focus: An Analysis of Danish Small and Medium Sized Companies, Managerial and Decision Economics, 18: 443-453.

  • Marston, C. L., Robson, P. (1997), Financial Reporting in India: Changes in Disclosure over the Period 1982 to 1990, Asia-Pacific Journal of Accounting, 4(1): 103-139.

  • Organization for Economic Cooperation and Development (OECD) (2004), Overview of Corporate Environmental Management Practices, Roundtable on Corporate Responsibility: Encouraging the Positive Contribution of Business to Environment through the OECD Guidelines for Multinational Enterprises. Retreived on 21 November, 2006, from http://www.oecd.org/dataoecd/12/29/3196 7893.pdf

  • Papas, Antonios A. (2002), An Assessment of Mandatory Disclosure in the Annual Reports of Greek Companies, Indian Journal of Accounting, 32(June): 1-14.

  • Peat Marwick (1992), Business in the Environment: A Measure of Commitment. Guidelines for Measuring Environmental Performance, in Welford, Richard (Ed.), Corporate Environmental Management: Systems and Strategies, p. 156, Universities Press (India) Limited, Hyderabad.

  • Raffournier, B. (1995), The Determinants of Voluntary Financial Disclosure by Swiss Listed Companies, The European Accounting Review, 4(2): 261-280.

  • Rice, F. (1993), Who Scores Best on the Environment, in Welford, Richard (ed.), Corporate Environmental Management: Systems and Strategies, p. 155, Universities Press (India) Limited, Hyderabad.

  • Russo, Michael V., Fouts, Paul A. (1997), A Resource-Based Perspective on Corporate Environmental Performance and Profitability, Academy of Management Journal, 40(3): 534.

  • Schaltegger, Stefan, Wagner, Marcus (2006), Managing and Measuring the Business Case for Sustainability - Capturing the Relationship between Sustainability Performance, Business Competitiveness and Economic Performance. Retreived on 21 November 2006, from http://www.greenleaf-publishing.com

  • Sohal, Amrik, Zutshi, Ambika (2006), EMS Adoption in the Public Sector: Experiences from Australia, in Sahay, B. S., Stough, R. R., Sohal, A., Goyal, S. (eds.), Green Business, pp. 253-267, Allied Publishers Pvt. Ltd, New Delhi.

  • Stanga, Keith G. (1976), Disclosure in Published Annual Reports, Financial Management, Winter: 42-50.

  • Takahashi, Takuya, Nakamura, Masao (2005), Bureaucratization of Environmental Management and Corporate Greening: An Empirical Analysis of Large Manufacturing Firms in Japan, Corporate Social Responsibility and Environmental Management, 12: 210-219. Retreived on 21 November 2006, from http://pacific. commerce.ubc.ca/nakamura/nakamura_csrem_ 2005.pdf

  • The Northern Ireland Eighth Environmental Management Survey, Business in the Community. Retreived on 21 November, 2006, from http://www.bitc.org.uk/ regions/bitc_in_your_region/northern_ireland/programmes/environment/survey.html

  • Thornton, D., Kagan, Robert A., Gunningham, N. (2003), Sources of Corporate Environmental Performance, California Management Review, 46(1): 127-141.

  • Tyteca, D. (1994), DEA Models for the Measurement of Environmental Performance of Firms ? Concepts and Empirical Results. Unpublished, Université Catholique de Louvain, Belgium.

  • Wagner, Marcus (2005), Sustainability and Competitive Advantage: Empirical Evidence on the Influence of Strategic Choices between Environmental Management Approaches, Environmental Quality Management, 14(3): 31-48.

  • Wallace, R. S. Olusegun, Naser, Kamal, Mora, Araceli (1994), The Relationship between the Comprehensiveness of Corporate Annual Reports and Firm Characteristics in Spain, Accounting and Business Research, 25(97): 41-53.

  • Wehrmeyer, W., Wagner, M., Pacheco, C., Schaltegger, S. (2002), Environmental Management Strategies: Britain and Germany Compared, Anglo-German Foundation for the Study of Industrial Society, London. Retreived on 21 November, 2006, from http://www.agf.org.uk/pubs/pdfs/1336 web. pdf.

  • Welford, R. J., Gouldson, A. P. (1993), Environmental Management and Business Strategy. In Welford, Richard (Ed.), Corporate Environmental Management: Systems and Strategies, p. 152, Universities Press (India) Limited, Hyderabad.

  • West Bengal Pollution Control Board (2004-2005), Annual Report. Part II. Annexure IV, pp. 143 ? 160.

  • Wier, M., Christoffersen, Line B., Jensen, T., Pedersen, Ole G., Keiding, H., Munksgaard, J. (2005), Evaluating Sustainability of Household Consumption-Using DEA to Assess Environmental Performance, Economic Systems Research, 17(4): 425-447.

  • Young, William C. (1996), Measuring Environmental Performance. In Welford, Richard (ed.), Corporate Environmental Management: Systems and Strategies, pp. 150-176, Universities Press (India) Limited, Hyderabad.

  • Zhu, Quinghua, Sarkis, Joseph (2004), Relationships between Operational Practices and Performance among Early Adopters of Green Supply Chain Management Practices in Chinese Manufacturing Enterprises, Journal of Operations Management, 22(3): 265-289.

  • Zutshi, Ambika (2006), Environmental Management System Implementation in Australian Organizations. in Sahay, B. S., Stough, R. R., Sohal, A., Goyal, S. (eds.), Green Business, pp. 311-325, Allied Publishers Pvt. Ltd, New Delhi.


Abstract Views: 385

PDF Views: 1




  • Environmental Proactiveness

Abstract Views: 385  |  PDF Views: 1

Authors

Sarbani Mitra
Indian Institute of Social Welfare & Business Management Management House, College Square West Kolkata 700073, India
Satyajit Dhar
Department of Business Administration University of Kalyani Kalyani, Nadia, West Bengal, India
K. M. Agrawal
Indian Institute of Social Welfare & Business Management Management House, College Square West Kolkata 700073, India

Abstract


There are a number of factors, which contribute to the variations in the environmental performance of organizations. This paper attempts to select the primary environmental performance indicators. Also, an attempt has been made to identify some factors that explain the variations in the overall environmental performance score. Considering the nature of the industry segment, government ownership, total capital investment, total annual turnover, age of the unit and ratio of permanent employees out of total workers as the determinants and the environmental performance score as the dependent variable, multiple regression models were used to ascertain which of the variables significantly influence environmental proactiveness and which of these do not.

Keywords


Environmental Performance Indicators, Environmental Proactiveness, Corporate Environmental Management

References