Effects of "best practices" of environmental management on cost advantage: The role of complementary assets

被引:1444
作者
Christmann, P [1 ]
机构
[1] Univ Virginia, Charlottesville, VA 22903 USA
关键词
D O I
10.5465/1556360
中图分类号
F [经济];
学科分类号
02 [经济学];
摘要
Research on the effects on firm performance of "best practices" of environmental management, which are supposed to enable firms to simultaneously protect the environment and reduce costs, has so far ignored the roles of existing firm resources and capabilities. Drawing on the resource-based view of the firm, this study analyzes whether complementary assets are required to gain cost advantage from implementing best practices. Results based on survey data from 88 chemical companies indicate that capabilities for process innovation and implementation are complementary assets that moderate the relationship between best practices and cost advantage, a significant factor in determining firm performance.
引用
收藏
页码:663 / 680
页数:18
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