Tracking the relationship between environmental management and financial performance in the service industry

被引:30
作者
Lucas, Marilyn T. [1 ]
Wilson, Matthew A. [1 ,2 ]
机构
[1] Univ Vermont, Sch Business Adm, Burlington, VT 05405 USA
[2] ARCADIS US, Highlands Ranch, CO 80129 USA
关键词
Environmental management; Natural environment; Financial performance; Service sector;
D O I
10.1007/s11628-008-0035-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
Attention to the relationship between environmental management and financial performance has been growing. Research in this area has, however, tended to focus primarily on manufacturing industries. Our goal in this study is to analyze the relationship between environmental management and financial performance in the context of the service industry. Using a cross-sectional sample of 1,228 service organizations spanning a wide range of business activities, we test a series of five hypothesized relationships using both univariate and multivariate analyses. The results are robust across the dataset and show conclusively that environmental management does indeed positively affect financial performance in the service sector.
引用
收藏
页码:203 / 218
页数:16
相关论文
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