Determinants of environmental performance in the Canadian pulp and paper industry: An assessment from inside the industry

Doonan, Julie; Lanoie, Paul; Laplante, Benoı̂t

doi:10.1016/j.ecolecon.2004.10.017

Cited by 130 publications

(94 citation statements)

References 26 publications

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“…This is rather surprising, since findings from our case study and the few existing studies on the paper industry for other countries, notably for Spain (del Río González 2005) and Canada (Doonan et al 2005), highlight the relevance of the regulatory framework for the adoption of sustainable technologies.…”

Section: Adoptionmentioning

confidence: 57%

The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

Rogge

Schleich

Haussmann³

et al. 2011

IJTPM

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The role of the regulatory framework for innovation activities: The EU ETS and the German paper industry Terms of use: Documents in EconStor may AbstractBased on a research framework which combines environmental economics and innovation studies, we explore the relevance of the regulatory framework for innovation activities in the German paper industry, with a focus on climate policies. Innovation activities considered include research and development, adoption and organizational change. Empirically, we mainly rely on the survey data of paper producers and technology providers. Findings suggest that innovation activities are mainly governed by market factors and (as yet) are hardly affected by the European Emission Trading System and other climate policies. Also, the impact of these policies on innovation activities is lower for technology providers than for paper producers. However, the majority of companies expect the effects of the regulatory climate policy framework on innovation to increase by 2020.

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Section: Adoptionmentioning

confidence: 57%

The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

Rogge

Schleich

Haussmann³

et al. 2011

IJTPM

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“…However, Doonan et al (2005) do not analyze the social dimension of corporate sustainability performance, either. In contrast, Waddock and Graves (1997) and Rennings et al (2003) apply broad measures of corporate sustainability performance that include both an environmental and a social dimension.…”

Section: Methodological Approachmentioning

confidence: 99%

“…These stock indexes intend to comprise the 10% most sustainable corporations of the biggest 2500 corporations in the Dow Jones World Index (DJI World) and the 20% most sustainable corporations in the DJI STOXX 600. In contrast to previous micro-econometric studies analyzing the determinants and economic effects of corporate sustainability performance (concerning the determinants, see amongst others Doonan et al 2005, concerning the economic effects, see amongst others Filbeck and Gorman, 2004), we consider a broad measure of corporate sustainability behavior. We do not examine narrow measures of environmental performance as, for example, toxic releases (see e.g.…”

Section: Introductionmentioning

confidence: 99%

What Determines the Inclusion in a Sustainability Stock Index? A Panel Data Analysis for European Companies

Ziegler

Schröder

2006

SSRN Journal

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Die Discussion Papers dienen einer möglichst schnellen Verbreitung von neueren Forschungsarbeiten des ZEW. Die Beiträge liegen in alleiniger Verantwortung der Autoren und stellen nicht notwendigerweise die Meinung des ZEW dar.Discussion Papers are intended to make results of ZEW research promptly available to other economists in order to encourage discussion and suggestions for revisions. The authors are solely responsible for the contents which do not necessarily represent the opinion of the ZEW.Download this ZEW Discussion Paper from our ftp server:ftp://ftp.zew.de/pub/zew-docs/dp/dp06041.pdf Non-technical SummaryThis paper examines the determinants of the inclusion of European companies in the Dow Jones Sustainability World Index and the Dow Jones STOXX Sustainability Index. These stock indexes intend to comprise the 10% most sustainable corporations of the biggest 2500 corporations in the Dow Jones World Index and the 20% most sustainable corporations in the Dow Jones STOXX 600 Index. In doing so, our paper contributes to the micro-econometric literature analyzing the determinants and economic effects of sustainability performance in three respects: First, it examines a broad measure of corporate sustainability behaviour. This is in contrast to other studies which only apply narrow measures of environmental performance such as toxic releases. Second, the paper examines the effect of internal assessment processes regarding corporate sustainability performance by an independent financial service institution. Finally, it analyzes the influence of unobserved heterogeneity in the framework of panel data models.Our analysis shows that the probability for an inclusion in the sustainability stock indexes strongly decreases if a company does not respond to the written survey of the assessing institution. Furthermore, time invariant random effects and an autoregressive structure in the stochastic components are important factors. Whereas firm size has a strong positive effect and the ratio between sales and total assets a negative effect on the inclusion in the sustainability stock indexes, a significant influence of past economic performance cannot be confirmed robustly.According to these estimation results, the participation in the written survey obviously matters for the inclusion of corporations in the sustainability stock indexes. Therefore, we conclude that not only corporate sustainability performance itself, but also specific elements of the internal assessment process regarding sustainability performance matter for the inclusion of a corporation in a sustainability stock index. Another conclusion is that due to the strong state dependence (many of the examined corporations are either included or not included in the sustainability stock indexes during the entire observation periods), biased and inconsistent estimations are likely if only cross-sectional data are used. Jones Sustainability World Index and the Dow Jones STOXX Sustainability Index. In doing so, the paper contributes to the micro-econometric liter...

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“…Customer expectations have become one of the most important factors influencing companies' environmental practices [44,52,53]. More and more customers now have strong concerns about the environment and prefer to purchase environmentally friendly products [54][55][56].…”

Section: Customer Pressurementioning

confidence: 99%

Effects of Green Innovation on Environmental and Corporate Performance: A Stakeholder Perspective

2015

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"Going green" has become an important environmental issue in contemporary business practice worldwide. This study examined the influence of a number of factors on green innovation and the consequences in terms of performance. The stakeholder theory was adopted to observe the effects of each stakeholder on the green innovation practices of companies and to determine how green innovation practices influence environmental and business performance. A research model with eight hypotheses was proposed to determine the associations between the variables of interest. An empirical survey was conducted of 202 Taiwanese service and manufacturing companies. The survey found that pressure from competitors and the government, along with employee conduct, all had significant and positive effects on green innovation practices. Additionally, a moderating effect of innovation orientation existed only in the relationship between green product innovation practices and employee conduct. This study not only provides a systematic way to analyze the effects of green innovation practices but also suggests the best means for companies to adopt green innovation practices.

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Determinants of environmental performance in the Canadian pulp and paper industry: An assessment from inside the industry

Cited by 130 publications

References 26 publications

The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

What Determines the Inclusion in a Sustainability Stock Index? A Panel Data Analysis for European Companies

Effects of Green Innovation on Environmental and Corporate Performance: A Stakeholder Perspective

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