DocumentCode :
695449
Title :
The Role of Environmental Information Disclosure Systems and Their Impact on Firm Performance
Author :
Soyoung Yoo ; Ingoo Han
fYear :
2015
fDate :
5-8 Jan. 2015
Firstpage :
4884
Lastpage :
4893
Abstract :
In response to the call for more research on impactful green IS, this paper examines one country-level environmental information disclosure system (EIDs), the U.S. Toxic Release Inventory (TRI), as a strategic tool or infrastructure of green IS and empirically tests the impact of environmental performance on financial performance in the chemical industry using both real financial and forward-looking measures. In particular, the study explores EDIs-inspired environmental managerial efforts and their influence on firms´ financial performance. The study´s finding that firms with better environmental performance also show greater cost competitiveness challenges the view that environmental managerial activities constitute an additional burden irrespective of firms´ business operations. Instead, it suggests, these can be innovative activities that improve a firm´s production efficiency, material resource management, and financial performance and sustainability.
Keywords :
chemical industry; environmental factors; information systems; strategic planning; EDI-inspired environmental managerial; EID; TRI; chemical industry; country-level environmental information disclosure system; environmental information disclosure systems; environmental managerial activities; environmental performance; firm business operations; firm financial performance; firm production efficiency; forward looking measures; impactful green IS; innovative activities; material resource management; strategic tool; sustainability; toxic release inventory; Chemicals; Companies; Green products; Production; Raw materials; Cost Competitiveness; Environmental Information Disclosure; Environmental Management; Environmental Performance; Firm Performance; The U.S. TRI; Tobin´s q;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
System Sciences (HICSS), 2015 48th Hawaii International Conference on
Conference_Location :
Kauai, HI
ISSN :
1530-1605
Type :
conf
DOI :
10.1109/HICSS.2015.579
Filename :
7070399
Link To Document :
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