Does corporate environmental responsibility (CER) affect corporate financial performance? Evidence from the global public construction firms

Xu, Qian; Lu, Yujie; Lin, Hong; Li, Boying

doi:10.1016/j.jclepro.2021.128131

Cited by 31 publications

(17 citation statements)

References 52 publications

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“…In addition, the results of Hojnik and Ruzzier (2017) highlight that ISO 14001 positively affects competitive benefits. In the same way, Wang and Sarkis (2017) and Xu et al (2021) highlight a positive relationship in the case of CSR policies. They show that fully and successfully implemented CSR strategies can lead to superior financial performance.…”

Section: Voluntary-push Motivationmentioning

confidence: 70%

Factors Influencing Profitability in Eco-design: Lessons from European and Canadian Firms

Vernier¹,

Arfaoui²,

Challita³

et al. 2022

Journal of Innovation Economics &Amp; Management

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Distribution électronique Cairn.info pour De Boeck Supérieur. © De Boeck Supérieur. Tous droits réservés pour tous pays.La reproduction ou représentation de cet article, notamment par photocopie, n'est autorisée que dans les limites des conditions générales d'utilisation du site ou, le cas échéant, des conditions générales de la licence souscrite par votre établissement. Toute autre reproduction ou représentation, en tout ou partie, sous quelque forme et de quelque manière que ce soit, est interdite sauf accord préalable et écrit de l'éditeur, en dehors des cas prévus par la législation en vigueur en France. Il est précisé que son stockage dans une base de données est également interdit.

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Section: Voluntary-push Motivationmentioning

confidence: 70%

Factors Influencing Profitability in Eco-design: Lessons from European and Canadian Firms

Vernier¹,

Arfaoui²,

Challita³

et al. 2022

Journal of Innovation Economics &Amp; Management

View full text Add to dashboard Cite

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“…Additionally, to respond to the ever‐increasing number of environmental issues, companies define appropriate strategies to develop their environmentally responsible operations (Xu et al, 2021). The level of this corporate environmental responsibility (CER) often exceeds the legal minimum.…”

Section: Theoretical Framework and Hypothesesmentioning

confidence: 99%

The effects of soft total quality management on the sustainable development of SMEs

Lepistö

Saunila

Ukko

2023

Sustainable Development

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This study investigates the soft total quality management (soft TQM) dimensions that affect the environmental and social sustainability of Finnish small and medium‐sized enterprises (SMEs), considering the company‘s business, size, and possible certificates as control variables. Sustainable business has been found to be key to the success of companies, so investing in it is essential for companies. With the help of extensive literature research, the TQM dimensions covering the entire business activity were determined, from which detailed issues were identified. To ascertain the level of implementation of detailed issues, the survey was constructed and sent to 6889 randomly selected CEOs in autumn 2020. A total of 271 responses were received. Based on prior literature and studies, 10 hypotheses were proposed. The collected data were analyzed using regression analysis. The results reveal that two practices—business management systems and human resources (HR) practices—were related to environmental sustainability, while only business management system was related to social sustainability. None of the control variables affected environmental sustainability; however, the industrial sector influenced social sustainability. The study presents recommendations for company managers and the government to support sustainable development, especially in Finnish SMEs. As a practical contribution, the study demonstrates the importance of designing and implementing business management systems for enhanced sustainability. Management should also appreciate that sustainability will not automatically be set at a high level upon certification; thus, the performance of operations and processes should be monitored.

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“…The increasing number of investors who demand environmental responsibility from companies causes an increase in investments in companies that are actively running CERE [3]. In the long term, CERE activities will also bring profits to the company because the annual profits exceed the initial costs of CERE implementation [75].…”

Section: Corporate Environmental Responsibility Engagement On Company...mentioning

confidence: 99%

“…The better the performance of corporate governance that places women on the board of directors causes an increasing trend of demand for the presence of women on the board of directors [15]. On the other hand, some other researchers found negative results on the influence of women directors on financial performance [75], [14]. [46] also found that women on board tend to reduce the company's profitability because the loyal nature of their subordinates boomerangs on the high cost of employees.…”

Section: Introductionmentioning

confidence: 99%

Women Directors and Firm Profitability: The Role of Corporate Environmental Responsibility Engagement

Fairuzi

Tjahjadi²

2022

jak

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Women in the professional world are still experiencing inequality, discrimination, and obstacles in achieving top management positions. The role of women in improving the company's financial performance is still being debated to this day. This study aims to investigate the role of women directors in 129 manufacturing companies in Indonesia from 2015 to 2019. The data obtained were analyzed using structural equation modelling – partial least square (SEM-PLS). This study found that corporate environmental responsibility engagement did not mediate the relationship between women directors and firm profitability. This study found a significant negative relationship between women directors and corporate environmental responsibility but a significant positive influence between corporate environmental responsibility engagement and firm profitability. However, this study found no significant relationship between women directors and profitability.

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Does corporate environmental responsibility (CER) affect corporate financial performance? Evidence from the global public construction firms

Cited by 31 publications

References 52 publications

Factors Influencing Profitability in Eco-design: Lessons from European and Canadian Firms

Factors Influencing Profitability in Eco-design: Lessons from European and Canadian Firms

The effects of soft total quality management on the sustainable development of SMEs

Women Directors and Firm Profitability: The Role of Corporate Environmental Responsibility Engagement

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