The Relationship between the Environmental and Financial Performance of Public Utilities

By G. Filbeck, Raymond F. Gorman. 2004

292 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/39a9ff99c8c789abc2dbbaaba5ef835394dd819e

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Citations in the corpus

Environmental policy without costs? : A review of the Porter hypothesis (2009, background): “The exception is Filbeck and Gorman (2004) who show a negative correlation between environmental regulations and financial impact.”
How Hot Is Your Bottom Line? Linking Carbon and Financial Performance (2011, background): “In their study investigating electric utilities, Filbeck and Gorman (2004) also find no positive relationship between CSP and CFP. Portfolio analyses offer an advantage over event studies as long-term effects can be observed.”
Can Environmental Regulations be Good for Business? An Assessment of the Porter Hypothesis (2005, background): “US electric utilities, Filbeck and Gorman (2004) finds that ERs negatively impact”
“It Pays to be Green” – A Premature Conclusion? (2006, background): “The relationship between economic and environmental performance is also studied by comparing various indices of the environmental (and social) profile with measures based on the market value of firms listed on the stock market (e.g. Konar and Cohen 2001; Ziegler et al. 2002; Filbeck and Gorman 2004)”
CSR related management practices and Firm Performance: An Empirical Analysis of the Quantity-Quality Trade-off on French Data (2015, background): “, 2012), but other results appear to be negative or non-significant (Barla, 2007; Filbeck and Gorman, 2004).”
Does the stock market value the inclusion in a sustainability stock index? An event study analysis for German firms (2013, unknown): “sustainability performance (see also Fowler and Hope, 2007). Against this background, our estimation results are in line with the notion of Cañón-de-Francia and Garcés-Ayerbe (2009) for the case of the adoption of environmental management systems, namely that the inclusion in a sustainability stock ”
Environmental regulations, innovation and firm performance: A revisit of the Porter hypothesis (2017, background): “Some studies concluded that environmental regulation leads to lower financial returns (Filbeck and Gorman, 2004), others detected a positive impact (Zhu et al.”
Does the Porter Hypothesis Explain Expected Future Financial Performance? The Effect of Clean Water Regulation on Chemical Manufacturing Firms (2010, background): “A fourth set of empirical studies provides conflicting evidence regarding the effect of firms’ environmental performance on financial performance (Russo and Fouts 1997; Khanna and Damon 1999; Konar and Cohen 2001; Filbeck and Gorman 2004 ).”