Does Environmental Management Improve Financial Performance? A Meta-Analytical Review

By Elisabeth Albertini. 2013

630 citations recorded by the source corpus.

Subfields: Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/ef52b627253902535c852f11e3e86b72b139b305

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Citations in the corpus

ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015, background): “Meta-analyses focusing on social aspects (van Wijk, Jansen, and Lyles 2008; Crook et al. 2011; Stam, Arzlanian, and Elfring 2014) usually find higher correlations, in contrast to environmental-focused meta-analyses (Albertini 2013; Dixon-Fowler et al. 2013; Endrikat, Guenther, and Hoppe 2014).”
The Impact of Sustainability Practices on Corporate Financial Performance: Literature Trends and Future Research Potential (2018, background): “Corporate sustainability is about expanding the financial bottom line into a triple bottom line, which includes environmental and social aspects of corporate performance [7].”
Unraveling the effects of environmental outcomes and processes on financial performance: A non-linear approach (2014, background): “…and Blacconiere and Patten (1994) to the meta-analyses studies conducted by Margolis and Walsh (2003), Orlitzsky et al. (2003), and more recently Horváthová (2010) and Albertini (2013), scholars have advanced theoretical arguments to support or reject the hypothesis that “it pays to be green.””
Analyzing the Effect of Corporate Environmental Performance on Corporate Financial Performance in Developed and Developing Countries (2017, background): “Flexible environmental regulations lead to win-win opportunities, explaining regional differences between corporate environmental performance and corporate financial performance [7].”
Employee Green Behavior (2015, background): “Meta-analytic data demonstrate that environmental management practices have a positive effect on firm financial performance (Albertini, 2013).”
Impact of Corporate Environmental Responsibility on Operating Income: Moderating Role of Regional Disparities in China (2016, neutral): “These mixed results, which call for research attention (Albertini 2013), can be explained by the lack of solid theoretical foundations to explain the relationships (Ullmann 1985; AragonCorrea and Sharma 2003), different theories and methods used (Ruf et al. 2011), different definitions and…”
Environmental management practices and firm financial performance: The moderating effect of industry pollution-related factors (2016, background): “In recent meta‐ analyses, Albertini (2013) rejects the hypothesis that activity sector moderates the relationship, and Dixon-Fowler et al. (2013) find only limited empirical evidence of moderating or contingent influences.”
Corporate Carbon and Financial Performance: A Meta‐analysis (2018, background): “…no consistent evidence regarding whether environmental performance is more strongly related to firm profitability or financial market performance: Albertini (2013), for example, finds that environmental performance is more positively related to accounting-based indicators as compared to…”
Exploring corporate social responsibility and financial performance through stakeholder theory in the tourism industries (2017, neutral): “These comparative studies employed narrative reviews (Ambec & Lanoie, 2008; Coles, Fenclova, & Dinan, 2013), vote-counting (Margolis, Elfenbein, & Walsh, 2009) or meta-analysis (Albertini, 2013; Allouche & Laroche, 2005; Dixon-Fowler, Slater, Johnson, Ellstrand, & Romi, 2013; Endrikat, Guenther, & H”
ESG and financial performance of banks in the MENAT region: concavity–convexity patterns (2021, background): “Albertini (2013) and Dixon-Fowler et al. (2013) investigated the FP–CEP relationship while”
Meta-analyses on Corporate Social Responsibility (CSR): a literature review (2021, background): “2014; Albertini 2013; Dixon-Fowler et al.”