‘Too-much-of-a-good-thing’? The role of advanced eco-learning and contingency factors on the relationship between corporate environmental and financial performance.
In: Journal of Environmental Management, Jg. 220 (2018-08-15), S. 163-172
Online
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Zugriff:
Inspired by the natural-resource-based view (NRBV) theory, we attempt to shed light on a controversy which has been persistent over the last decade, concerning the relationship between corporate environmental performance (CEP) and corporate financial performance (CFP). Using the ‘too-much-of-a-good-thing’ (TMGT) concept, which suggests that “too much can be worse than too little,” we link mixed results and consider the roles of advanced eco-learning and contingency factors in influencing the CEP-CFP relationship. Based on a sample composed of ISO 14001 certified companies in Indonesia, and analyzing the data using consistent Partial Least Squares (PLSc), we found that: the CEP-CFP relationship follows an inverted U-shape; advanced eco-learning is a significant predictor of the CEP-CFP relationship, meaning that organizations able to develop higher eco-learning capability will be better able to identify the ideal boundaries of investment in environmental performance without reducing their financial performance; and that contingency factors such as environmental strategy and firm size have a significant role in influencing the CEP-CFP relationship. The study's limitations, implications for practitioners and a future research agenda are also detailed. [ABSTRACT FROM AUTHOR]
Titel: |
‘Too-much-of-a-good-thing’? The role of advanced eco-learning and contingency factors on the relationship between corporate environmental and financial performance.
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Autor/in / Beteiligte Person: | Latan, Hengky ; Chiappetta Jabbour, Charbel Jose ; Lopes de Sousa Jabbour, Ana Beatriz ; Renwick, Douglas William Scott ; Wamba, Samuel Fosso ; Shahbaz, Muhammad |
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Zeitschrift: | Journal of Environmental Management, Jg. 220 (2018-08-15), S. 163-172 |
Veröffentlichung: | 2018 |
Medientyp: | academicJournal |
ISSN: | 0301-4797 (print) |
DOI: | 10.1016/j.jenvman.2018.05.012 |
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