Journal of the Korea Safety Management & Science (대한안전경영과학회지)

Korea Safety Management & Science (대한안전경영과학회)
권호 표지
DOI QR코드

DOI QR Code

The impact of green practices on firm's performance

그린활동이 기업 성과에 미치는 영향

  • Kim, Seonmin (Dept. of Global Business Administration, Seoultech)
  • 김선민 (서울과학기술대학교 글로벌경영학과)
  • Received : 2014.03.24
  • Accepted : 2014.06.17
  • Published : 2014.06.30
Download PDF
⟨ Previous Next ⟩

Abstract

The purpose of this paper is to evaluate the impact of green practice on firm's performances. It focuses on the performance of the firm that already accredited as an excellent green practice firm by the Corporate Governance Service. The regression analysis method was chosen to measure firm performance. This paper also investigate how the performance of green practice are related to some factors such as levels of accredition, R&D cost, and R&D capitalization. This result will give an insight of constructive directions for increasing of firm performance.

Keywords

References

  1. Min Seok Kang, Hyun Seok Choi, Byung Chun Park (2011), "Effects of environmental management on firm performance", Journal of the Korean data & information science society, 22: 523-536.
  2. Hyun Soo Kang, (2001), "Analysis of Impact of Earning the ISO14001 Certificate on Financial Ratios," Doctoral Dissertation, Nyung-Ji University
  3. Kang Kim (2009), "Effects of Environmental Management on Financial Performance", Korean Journal of Accounting Research, 14: 227-252.
  4. Myung-Seo Kim, Yeo-Hwan Kim, Min-Chul Kim (2010), "The Impact of Investment and Expenses for Environmental Management Activities on Firm Value", Korean Journal of Accounting Research, 15:119-141.
  5. Jang-hwan Kim, Ji-in Jang, Yun-sang Lee(2005), "A Study on the Effects of the Environmental Management System to the Corporate Financial Performance - Base on the ISO 14001 EMS," Accounting Information Review, 23:1-24.
  6. Bong Suk Sung(2002), "How Do Firms Environmental Activities Responding to Environmental Problems Influence Valuable Green Competencies and Performance ?", Korean Management Review, 31:1113-1133.
  7. Jae Hing Yoon, Young Jin Kim(2000), "The Effects of Recognition and Operation of Environmental Management on Corporate Performance in Small and Medium Sized Firms," The Korean Small Business Review, 22:63-91.
  8. Nam Joo Lee, Sung Hwan Kim, Sung Jin Son (2006), "The Influence of Environmental Management on Corporate Performance," Sogang Journal of Business, 17:183-204.
  9. Ji Hoon Lee, Chang Mok Shin, Hee Chan Kang, Kon Woo Do, (2008), "Advent of Era of green growth", Samsung Economic Research Institute, CEO Information, 675:1-14.
  10. Choong-Seop Lee, Mi-Ja Chung, "Effects of Environmental Management on Environmental Performance and Business Performance," Korean Journal of Accounting Research, 17:209-230.
  11. Ji-in Jang, Hye Jung Chung, Jang-hwan Kim (2002), "The Study of Relation between Environmental Performance and the Corporate Financial Performance," The Korean Academic Association of Business Administration, Proceedings of Spring Conference, 23-43.
  12. Dangelico, R.M., and P., Pontrandolfo, (2010), " From green product definitions and classifications to the Green Option Matrix," Journal of Cleaner Production, Vol. 18, 1608-1628. https://doi.org/10.1016/j.jclepro.2010.07.007
  13. Hamilton, J. T.(1995), "Pollution as News: Media and Stock Market Reactions to Toxics Release Inventory Data," Journal of Environmental Economics and Management, 28, 98-113. https://doi.org/10.1006/jeem.1995.1007
  14. Klassen, R. D., and C. P. McLaughlin(1996), "The Impact of Environmental Management on Firm Performance," Management Science, 42(8), 1199-1214. https://doi.org/10.1287/mnsc.42.8.1199
  15. Konar, S. & M. A. Cohen (1997), ̋Information as regulation: The effect of community right to know law on toxic emissions,̋ Journal of Environmental Economics and Management, Vol 32, No. 1, 109-124. https://doi.org/10.1006/jeem.1996.0955
  16. Mahapatra, S.(1984), "Investor Reaction to a Corporate Social Accounting," Journal of Business and Accounting, 11(1), 29-40. https://doi.org/10.1111/j.1468-5957.1984.tb00054.x
  17. Mu, J., Peng, G., MacLachlan, D.L., (2009). "Effect of risk management strategy on NPD performance," Technovation, Vol. 29, 170-180. https://doi.org/10.1016/j.technovation.2008.07.006
  18. Roberts, R. W.(1992), "Determinants of corporate social responsibility disclosure: An application of stakeholder theory," Accounting, Organizations and Society, Vol. 17, No. 6, 595-612. https://doi.org/10.1016/0361-3682(92)90015-K
  19. Waddock, S. A., and S. B. Graves(1997), "The Corporate Social performance Financial Performance Link," Strategic Management Journal, Vol 18, No.4, 303-319. https://doi.org/10.1002/(SICI)1097-0266(199704)18:4<303::AID-SMJ869>3.0.CO;2-G