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;