Author/Authors
Horvلthovل، نويسنده , , Eva، نويسنده ,
DocumentNumber
3542262
Title Of Article
The impact of environmental performance on firm performance: Short-term costs and long-term benefits?
شماره ركورد
3363
Latin Abstract
We examine the intertemporal effect of environmental performance on financial performance and propose a method to assess the environmental performance in a fuller manner based on the weighting various pollutants according to their dangerousness to environment. Using our improved measures of environmental performance applied to the firm level data from the Czech Republic, the results suggest that while the effect of environmental performance on financial performance is negative for environmental performance lagged by 1 year lag, it becomes positive for 2 years lag. As a consequence, our findings indicate that Porter hypothesis holds in the long-run.
From Page
91
NaturalLanguageKeyword
Porter Hypothesis , Financial Performance , Environmental certification , environmental performance
JournalTitle
Studia Iranica
To Page
97
To Page
97
Link To Document