| Forthcoming Papers > International Journal of Environment and Sustainable Development (IJESD) Journal Homepage This page lists papers submitted for IJESD via the web that have been reviewed and accepted but not yet published. Please note that titles, authors, abstracts and keywords may change upon publication. Our TOC e-mail alerting service will notify you immediately when new issues of IJESD are published on-line. Click here to register for our TOC E-Mail Alerting. We also offer the convenience of RSS feeds which provide a means to view new content timely posted to your web site or desktop. Click here to start to use our free RSS news feeds. | International Journal of Environment and Sustainable Development (1 paper in press)
- The Relationships between Environmental Management, Firm Value and Other Firm Attributes: Evidence from Chinese Manufacturing Industry
by Wei Lu, Wenjun Wang, Adam Sulkowski, Jia Wu
Abstract: Many studies have investigated the relationships between environmental management, financial performance and other firm attributes. Their results are inconsistent and contested. Most of the empirical studies to date are in the context of developed countries rather than developing countries. This study fills this gap by providing an empirical examination of the relationships between environmental management, firm value and other firm attributes in the Chinese context. In addition, this study is the first study of Chinese firms to use panel data analysis methods in the examination of the impact of environmental management on firm value. The results of panel data analysis show that environmental management has no significant impact on firm value. Pearson tests show that prior financial performance does not affect the level of environmental management. Rather, firm size is shown to be positively correlated with the level of environmental management.
Keywords: Environmental Management, Firm Value, Chinese Manufacturing Industry
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