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RSS FeedsIJERPH, Vol. 16, Pages 2988: Factors and Contingencies for the `It Pays to Be Green Hypothesis`. The European Union`s Emissions Trading System (EU ETS) and Financial Crisis as Contexts (International Journal of Environmental Research and Public Health)

 
 

20 august 2019 12:01:47

 
IJERPH, Vol. 16, Pages 2988: Factors and Contingencies for the `It Pays to Be Green Hypothesis`. The European Union`s Emissions Trading System (EU ETS) and Financial Crisis as Contexts (International Journal of Environmental Research and Public Health)
 




This study provides empirical evidence related to the “it pays to be green” hypothesis. Based on information from panel data approximately 42 industrial companies during an 8-year period, we determine some of the factors and contingences that affect the fulfilment of that hypothesis. We find that a certain level of proactivity in environmental strategy design is one of the conditions that favors a positive relationship between environmental investment and financial performance. We also provide empirical evidence on how some external conditions affect this positive relationship, such as regulatory pressure from the European Union Emissions Trading System (EU ETS) and the financial crisis.


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24 viewsCategory: Medicine, Pathology, Toxicology
 
IJERPH, Vol. 16, Pages 2989: Differences and Similarities in Diabetes Research between China and the USA (International Journal of Environmental Research and Public Health)
IJERPH, Vol. 16, Pages 2986: Field Study on the Microclimate of Public Spaces in Traditional Residential Areas in a Severe Cold Region of China (International Journal of Environmental Research and Public Health)
 
 
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