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The Relation between Corporate Economic and Corporate Environmental Performance

For almost 40 years researchers have been trying to identify the relationship between corporate environmental and corporate economic performance. Neither theoretical debate nor empirical studies investigating the relationship show conclusive results. Within a field research seminar at Technische Universität Dresden, nine students conducted a meta-analysis of 124 studies to assess different aspects of the relationship between corporate economic and corporate environmental performance. In the first part of our paper, we analyze and present the theoretical background based on a review of literature. In the second part, we test for empirical evidence. At first, the conceptual frameworks and measurement methods for corporate economic and corporate environmental performance are discussed. We also look at the impact of environmental performance on shareholder value. Thereafter, we examine the influence of time, industries and publication bias. In conclusion, our research indicates that the quality of journals merits further examination to improve results.

Identiferoai:union.ndltd.org:DRESDEN/oai:qucosa.de:bsz:14-qucosa-38454
Date28 December 2011
CreatorsArndt, Stephanie, Gaitzsch, Gunnar, Gnauck, Carsten, Höhne, Christoph, Hüske, Anne-Karen, Kretzschmar, Thomas, Lange , Ulrike, Lehmann, Katrin, Süss, André
ContributorsTechnische Universität Dresden, Fakultät Wirtschaftswissenschaften
PublisherSaechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden
Source SetsHochschulschriftenserver (HSSS) der SLUB Dresden
LanguageEnglish
Detected LanguageEnglish
Typedoc-type:workingPaper
Formatapplication/pdf
Relationdcterms:isPartOf:Dresdner Beiträge zur Lehre der betrieblichen Umweltökonomie ; Nr. 41/2010

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