메뉴 건너뛰기




Volumn 78, Issue , 2019, Pages 262-274

The effect of environmentally sustainable practices on firm R&D: International evidence

Author keywords

Environment; Institutional quality; R D; Sustainability

Indexed keywords


EID: 85054433515     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econmod.2018.09.024     Document Type: Article
Times cited : (29)

References (75)
  • 2
    • 68349144500 scopus 로고    scopus 로고
    • Differences in governance practices between US and foreign firms: measurement, causes, and consequences
    • Aggarwal, R., Erel, I., Stulz, R., Williamson, R., Differences in governance practices between US and foreign firms: measurement, causes, and consequences. Rev. Financ. Stud. 23 (2010), 3131–3169.
    • (2010) Rev. Financ. Stud. , vol.23 , pp. 3131-3169
    • Aggarwal, R.1    Erel, I.2    Stulz, R.3    Williamson, R.4
  • 3
    • 0034827201 scopus 로고    scopus 로고
    • Competition, imitation and growth with step-by-step innovation
    • Aghion, P., Harris, C., Howitt, P., Vickers, J., Competition, imitation and growth with step-by-step innovation. Rev. Econ. Stud. 68 (2001), 467–492.
    • (2001) Rev. Econ. Stud. , vol.68 , pp. 467-492
    • Aghion, P.1    Harris, C.2    Howitt, P.3    Vickers, J.4
  • 4
    • 84860887132 scopus 로고    scopus 로고
    • Sustainability practices and corporate financial performance: a study based on the top global corporations
    • Ameer, R., Othman, R., Sustainability practices and corporate financial performance: a study based on the top global corporations. J. Bus. Ethics 108:1 (2012), 61–79.
    • (2012) J. Bus. Ethics , vol.108 , Issue.1 , pp. 61-79
    • Ameer, R.1    Othman, R.2
  • 5
    • 84874411092 scopus 로고    scopus 로고
    • The relationship between international financial reporting standards, carbon emissions, and R&D expenditures: evidence from European manufacturing firms
    • Apergis, N., Eleftheriou, S., Payne, J.E., The relationship between international financial reporting standards, carbon emissions, and R&D expenditures: evidence from European manufacturing firms. Ecol. Econ. 88 (2013), 57–66.
    • (2013) Ecol. Econ. , vol.88 , pp. 57-66
    • Apergis, N.1    Eleftheriou, S.2    Payne, J.E.3
  • 6
    • 84957879847 scopus 로고    scopus 로고
    • Environmental pollution, sustained growth, and sufficient conditions for sustainable development
    • Aznar-Márquez, J., Ruiz-Tamarit, J.R., Environmental pollution, sustained growth, and sufficient conditions for sustainable development. Econ. Modell. 54 (2016), 439–449.
    • (2016) Econ. Modell. , vol.54 , pp. 439-449
    • Aznar-Márquez, J.1    Ruiz-Tamarit, J.R.2
  • 7
    • 85019130467 scopus 로고    scopus 로고
    • The effects of environmental sustainability and R&D on corporate risk-taking: international evidence
    • Banerjee, R., Gupta, K., The effects of environmental sustainability and R&D on corporate risk-taking: international evidence. Energy Econ. 65 (2017), 1–15.
    • (2017) Energy Econ. , vol.65 , pp. 1-15
    • Banerjee, R.1    Gupta, K.2
  • 8
    • 84896930624 scopus 로고
    • Firm resources and sustained competitive advantage
    • Barney, J., Firm resources and sustained competitive advantage. J. Manag. 17:1 (1991), 99–120.
    • (1991) J. Manag. , vol.17 , Issue.1 , pp. 99-120
    • Barney, J.1
  • 9
    • 0013405397 scopus 로고    scopus 로고
    • Share repurchases and intangible assets
    • Barth, M.E., Kasznik, R., Share repurchases and intangible assets. J. Account. Econ. 28 (1999), 211–241.
    • (1999) J. Account. Econ. , vol.28 , pp. 211-241
    • Barth, M.E.1    Kasznik, R.2
  • 10
    • 59449102162 scopus 로고    scopus 로고
    • What matters in corporate governance?
    • Bebchuk, L., Cohen, A., Ferrell, A., What matters in corporate governance?. Rev. Financ. Stud. 22 (2009), 783–827.
    • (2009) Rev. Financ. Stud. , vol.22 , pp. 783-827
    • Bebchuk, L.1    Cohen, A.2    Ferrell, A.3
  • 11
    • 85035358272 scopus 로고    scopus 로고
    • TFP estimation at firm level: the fiscal aspect of productivity convergence in the UK
    • Bournakis, I., Mallick, S., TFP estimation at firm level: the fiscal aspect of productivity convergence in the UK. Econ. Modell. 70 (2018), 579–590.
    • (2018) Econ. Modell. , vol.70 , pp. 579-590
    • Bournakis, I.1    Mallick, S.2
  • 12
    • 34248128707 scopus 로고
    • Environmental quality and pollution-augmenting technological change in a two-sector endogenous growth model
    • Bovenberg, A.L., Smulders, S., Environmental quality and pollution-augmenting technological change in a two-sector endogenous growth model. J. Publ. Econ. 57 (1995), 369–391.
    • (1995) J. Publ. Econ. , vol.57 , pp. 369-391
    • Bovenberg, A.L.1    Smulders, S.2
  • 13
    • 84939868588 scopus 로고    scopus 로고
    • Do Ratings of Firms Converge? Implications for Strategy Research
    • IRLE Working Paper No. 107-14
    • Chatterji, A., Durand, R., Levine, D., Touboul, S., Do Ratings of Firms Converge? Implications for Strategy Research. IRLE Working Paper No. 107-14, 2014.
    • (2014)
    • Chatterji, A.1    Durand, R.2    Levine, D.3    Touboul, S.4
  • 14
    • 74249097754 scopus 로고    scopus 로고
    • Individualism and momentum around the world
    • Chui, A.C., Titman, S., Wei, K.J., Individualism and momentum around the world. J. Finance 65 (2010), 361–392.
    • (2010) J. Finance , vol.65 , pp. 361-392
    • Chui, A.C.1    Titman, S.2    Wei, K.J.3
  • 16
    • 0034635681 scopus 로고    scopus 로고
    • Do codes make a difference? The case of bank lending and environment
    • Cowton, C.J., Thompson, P., Do codes make a difference? The case of bank lending and environment. J. Bus. Ethics 24 (2000), 165–178.
    • (2000) J. Bus. Ethics , vol.24 , pp. 165-178
    • Cowton, C.J.1    Thompson, P.2
  • 17
    • 84857055044 scopus 로고    scopus 로고
    • Environmental innovation and R&D cooperation: empirical evidence from Spanish manufacturing firms
    • De Marchi, V., Environmental innovation and R&D cooperation: empirical evidence from Spanish manufacturing firms. Res. Pol. 41:3 (2012), 614–623.
    • (2012) Res. Pol. , vol.41 , Issue.3 , pp. 614-623
    • De Marchi, V.1
  • 18
    • 33847233238 scopus 로고    scopus 로고
    • Corporate governance and the value of cash holdings
    • Dittmar, A., Mahrt-Smith, J., Corporate governance and the value of cash holdings. J. Financ. Econ. 83 (2007), 599–634.
    • (2007) J. Financ. Econ. , vol.83 , pp. 599-634
    • Dittmar, A.1    Mahrt-Smith, J.2
  • 19
    • 84872652800 scopus 로고    scopus 로고
    • Beyond ‘‘Does it pay to be green?’’ A meta-analysis of moderators of the CEP–CFP relationship
    • Dixon-Fowler, H., Slater, D., Johnson, J., Ellstrand, A., Romi, A., Beyond ‘‘Does it pay to be green?’’ A meta-analysis of moderators of the CEP–CFP relationship. J. Bus. Ethics 112 (2013), 353–366.
    • (2013) J. Bus. Ethics , vol.112 , pp. 353-366
    • Dixon-Fowler, H.1    Slater, D.2    Johnson, J.3    Ellstrand, A.4    Romi, A.5
  • 20
    • 34548529598 scopus 로고    scopus 로고
    • Why do countries matter so much for corporate governance?
    • Doidge, C., Karolyi, G.A., Stulz, R.M., Why do countries matter so much for corporate governance?. J. Financ. Econ. 86 (2007), 1–39.
    • (2007) J. Financ. Econ. , vol.86 , pp. 1-39
    • Doidge, C.1    Karolyi, G.A.2    Stulz, R.M.3
  • 21
    • 85032336604 scopus 로고    scopus 로고
    • Phasing out a polluting input in a growth model with directed technological change
    • Eriksson, C., Phasing out a polluting input in a growth model with directed technological change. Econ. Modell. 68 (2018), 461–474.
    • (2018) Econ. Modell. , vol.68 , pp. 461-474
    • Eriksson, C.1
  • 22
    • 0000928969 scopus 로고
    • Risk, return, and equilibrium: empirical tests
    • Fama, E., MacBeth, J., Risk, return, and equilibrium: empirical tests. J. Polit. Econ. 81 (1973), 607–636.
    • (1973) J. Polit. Econ. , vol.81 , pp. 607-636
    • Fama, E.1    MacBeth, J.2
  • 23
    • 0037347925 scopus 로고    scopus 로고
    • Do better institutions mitigate agency problems? Evidence from corporate finance choices
    • Giannetti, M., Do better institutions mitigate agency problems? Evidence from corporate finance choices. J. Financ. Quant. Anal. 38 (2003), 185–212.
    • (2003) J. Financ. Quant. Anal. , vol.38 , pp. 185-212
    • Giannetti, M.1
  • 24
    • 0041295400 scopus 로고
    • Institutional owners and corporate social performance
    • Graves, S.B., Waddock, S.A., Institutional owners and corporate social performance. Acad. Manag. J. 37:4 (1994), 1035–1046.
    • (1994) Acad. Manag. J. , vol.37 , Issue.4 , pp. 1035-1046
    • Graves, S.B.1    Waddock, S.A.2
  • 25
    • 0032377038 scopus 로고    scopus 로고
    • Environmental regulation investment timing, and technology choice
    • Gray, W.B., Shadbegian, R.J., Environmental regulation investment timing, and technology choice. J. Ind. Econ. 46 (1998), 235–256.
    • (1998) J. Ind. Econ. , vol.46 , pp. 235-256
    • Gray, W.B.1    Shadbegian, R.J.2
  • 26
    • 0242410160 scopus 로고    scopus 로고
    • Plant vintage, technology, and environmental regulation
    • Gray, W.B., Shadbegian, R.J., Plant vintage, technology, and environmental regulation. J. Environ. Econ. Manag. 46 (2003), 384–402.
    • (2003) J. Environ. Econ. Manag. , vol.46 , pp. 384-402
    • Gray, W.B.1    Shadbegian, R.J.2
  • 27
    • 85045795013 scopus 로고    scopus 로고
    • Environmental sustainability and implied cost of equity: international evidence
    • Gupta, K., Environmental sustainability and implied cost of equity: international evidence. J. Bus. Ethics, 2016, 1–23.
    • (2016) J. Bus. Ethics , pp. 1-23
    • Gupta, K.1
  • 29
    • 84989103838 scopus 로고
    • A framework linking intangible resources and capabilities to sustainable competitive advantage
    • Hall, R., A framework linking intangible resources and capabilities to sustainable competitive advantage. Strat. Manag. J. 14:8 (1993), 607–618.
    • (1993) Strat. Manag. J. , vol.14 , Issue.8 , pp. 607-618
    • Hall, R.1
  • 30
    • 0000719125 scopus 로고    scopus 로고
    • Innovation and market value
    • R. Barrell G. Mason O'Mahony Cambridge University Press Cambridge
    • Hall, B.H., Innovation and market value. Barrell, R., Mason, G., O'Mahony, (eds.) Productivity, Innovation and Economic Performance, 2000, Cambridge University Press, Cambridge, 177–198.
    • (2000) Productivity, Innovation and Economic Performance , pp. 177-198
    • Hall, B.H.1
  • 32
    • 9344224062 scopus 로고
    • A natural-resource-based view of the firm
    • Hart, S.L., A natural-resource-based view of the firm. Acad. Manag. Rev. 20 (1995), 986–1014.
    • (1995) Acad. Manag. Rev. , vol.20 , pp. 986-1014
    • Hart, S.L.1
  • 33
    • 85019114879 scopus 로고    scopus 로고
    • Optimal combination of innovation and environmental policies under technology licensing
    • Hattori, K., Optimal combination of innovation and environmental policies under technology licensing. Econ. Modell. 64 (2017), 601–609.
    • (2017) Econ. Modell. , vol.64 , pp. 601-609
    • Hattori, K.1
  • 34
    • 0000125534 scopus 로고
    • Sample selection bias as a specification error
    • Heckman, J.J., Sample selection bias as a specification error. Econometrica: J. Econ. Soc., 1979, 153–161.
    • (1979) Econometrica: J. Econ. Soc. , pp. 153-161
    • Heckman, J.J.1
  • 35
    • 45849092616 scopus 로고    scopus 로고
    • Firm performance: the interactions of corporate social performance with innovation and industry differentiation
    • Hull, C.E., Rothenberg, S., Firm performance: the interactions of corporate social performance with innovation and industry differentiation. Strat. Manag. J. 29 (2008), 781–789.
    • (2008) Strat. Manag. J. , vol.29 , pp. 781-789
    • Hull, C.E.1    Rothenberg, S.2
  • 36
    • 33750479532 scopus 로고    scopus 로고
    • Individual equity return data from Thomson Datastream: handle with care!
    • Ince, O.S., Porter, R.B., Individual equity return data from Thomson Datastream: handle with care!. J. Financ. Res. 29 (2006), 463–479.
    • (2006) J. Financ. Res. , vol.29 , pp. 463-479
    • Ince, O.S.1    Porter, R.B.2
  • 37
    • 0031321644 scopus 로고    scopus 로고
    • Environmental regulation and innovation: a panel data study
    • Jaffe, A.B., Palmer, K., Environmental regulation and innovation: a panel data study. Rev. Econ. Stat. 79 (1997), 610–619.
    • (1997) Rev. Econ. Stat. , vol.79 , pp. 610-619
    • Jaffe, A.B.1    Palmer, K.2
  • 38
    • 22444450626 scopus 로고    scopus 로고
    • A tale of two market failures: technology and environmental policy
    • Jaffe, A.B., Newell, R.G., Stavins, R.N., A tale of two market failures: technology and environmental policy. Ecol. Econ. 54 (2005), 164–174.
    • (2005) Ecol. Econ. , vol.54 , pp. 164-174
    • Jaffe, A.B.1    Newell, R.G.2    Stavins, R.N.3
  • 39
    • 84932094749 scopus 로고    scopus 로고
    • Innovating for a greener future: the direct and indirect effects of firms' environmental objectives on the innovation process
    • Jakobsen, S., Clausen, T.H., Innovating for a greener future: the direct and indirect effects of firms' environmental objectives on the innovation process. J. Clean. Prod. 128 (2016), 131–141.
    • (2016) J. Clean. Prod. , vol.128 , pp. 131-141
    • Jakobsen, S.1    Clausen, T.H.2
  • 40
    • 57049099341 scopus 로고    scopus 로고
    • Environmental policy, management and R&D
    • Johnstone, N., Labonne, J., Environmental policy, management and R&D. OECD Econ. Stud. 2006:1 (2007), 169–203.
    • (2007) OECD Econ. Stud. , vol.2006 , Issue.1 , pp. 169-203
    • Johnstone, N.1    Labonne, J.2
  • 41
    • 77949424381 scopus 로고    scopus 로고
    • Renewable energy policies and technological innovation: evidence based on patent counts
    • Johnstone, N., Haščič, I., Popp, D., Renewable energy policies and technological innovation: evidence based on patent counts. Environ. Resour. Econ. 4 (2010), 133–155.
    • (2010) Environ. Resour. Econ. , vol.4 , pp. 133-155
    • Johnstone, N.1    Haščič, I.2    Popp, D.3
  • 42
    • 0003400364 scopus 로고
    • Stimulating Innovation and International Diffusion of Environmentally Responsive Technology
    • World Bank Washington, DC
    • Lanjouw, J.O., Mody, A., Stimulating Innovation and International Diffusion of Environmentally Responsive Technology. 1995, World Bank, Washington, DC.
    • (1995)
    • Lanjouw, J.O.1    Mody, A.2
  • 43
    • 0013226157 scopus 로고    scopus 로고
    • Innovation and the international diffusion of environmentally responsive technology
    • Lanjouw, J.O., Mody, A., Innovation and the international diffusion of environmentally responsive technology. Res. Pol. 25 (1996), 549–571.
    • (1996) Res. Pol. , vol.25 , pp. 549-571
    • Lanjouw, J.O.1    Mody, A.2
  • 44
    • 79960707109 scopus 로고    scopus 로고
    • Environmental policy, innovation and performance: new insights on the Porter hypothesis
    • Lanoie, P., Laurent-Lucchetti, J., Johnstone, N., Ambec, S., Environmental policy, innovation and performance: new insights on the Porter hypothesis. J. Econ. Manag. Strat. 20 (2011), 803–842.
    • (2011) J. Econ. Manag. Strat. , vol.20 , pp. 803-842
    • Lanoie, P.1    Laurent-Lucchetti, J.2    Johnstone, N.3    Ambec, S.4
  • 45
    • 84937324411 scopus 로고    scopus 로고
    • The economics of industrial innovation
    • Legge, J.M., The economics of industrial innovation. Rev. Polit. Econ. 12 (2000), 249–256.
    • (2000) Rev. Polit. Econ. , vol.12 , pp. 249-256
    • Legge, J.M.1
  • 46
    • 0030079993 scopus 로고    scopus 로고
    • The capitalization, amortization, and value-relevance of R&D
    • Lev, B., Sougiannis, T., The capitalization, amortization, and value-relevance of R&D. J. Account. Econ. 21 (1996), 107–138.
    • (1996) J. Account. Econ. , vol.21 , pp. 107-138
    • Lev, B.1    Sougiannis, T.2
  • 47
    • 0041976887 scopus 로고
    • Research and Development Activity in US Manufacturing
    • Proger New York
    • Link, A.N., Research and Development Activity in US Manufacturing. 1981, Proger, New York.
    • (1981)
    • Link, A.N.1
  • 48
    • 49749108973 scopus 로고    scopus 로고
    • On network competition and the Solow paradox: evidence from US banks
    • Mallick, S.K., Ho, S.J., On network competition and the Solow paradox: evidence from US banks. Manch. Sch. 76 (2008), 37–57.
    • (2008) Manch. Sch. , vol.76 , pp. 37-57
    • Mallick, S.K.1    Ho, S.J.2
  • 49
    • 81255209547 scopus 로고    scopus 로고
    • Sources of financing, profitability and productivity: first evidence from matched firms
    • Mallick, S., Yang, Y., Sources of financing, profitability and productivity: first evidence from matched firms. Financ. Mark. Inst. Instrum. 20:5 (2011), 221–252.
    • (2011) Financ. Mark. Inst. Instrum. , vol.20 , Issue.5 , pp. 221-252
    • Mallick, S.1    Yang, Y.2
  • 50
    • 85006832830 scopus 로고    scopus 로고
    • Corporate social responsibility and its effect on innovation and firm performance: an empirical research in SMEs
    • Martinez-Conesa, I., Soto-Acosta, P., Palacios-Manzano, M., Corporate social responsibility and its effect on innovation and firm performance: an empirical research in SMEs. J. Clean. Prod. 142 (2017), 2374–2383.
    • (2017) J. Clean. Prod. , vol.142 , pp. 2374-2383
    • Martinez-Conesa, I.1    Soto-Acosta, P.2    Palacios-Manzano, M.3
  • 51
    • 0000253595 scopus 로고    scopus 로고
    • Corporate social responsibility and firm financial performance
    • McWilliams, A., Siegel, D.S., Corporate social responsibility and firm financial performance. Strat. Manag. J. 21:5 (2000), 602–609.
    • (2000) Strat. Manag. J. , vol.21 , Issue.5 , pp. 602-609
    • McWilliams, A.1    Siegel, D.S.2
  • 52
    • 0035529262 scopus 로고    scopus 로고
    • Corporate social responsibility: a theory of the firm perspective
    • McWilliams, A., Siegel, D.S., Corporate social responsibility: a theory of the firm perspective. Acad. Manag. Rev. 26:1 (2001), 117–127.
    • (2001) Acad. Manag. Rev. , vol.26 , Issue.1 , pp. 117-127
    • McWilliams, A.1    Siegel, D.S.2
  • 53
    • 84870491026 scopus 로고    scopus 로고
    • Do banks value the eco-friendliness of firms in their corporate lending decision? Some empirical evidence
    • Nandy, M., Lodh, S., Do banks value the eco-friendliness of firms in their corporate lending decision? Some empirical evidence. Int. Rev. Financ. Anal. 25 (2012), 83–93.
    • (2012) Int. Rev. Financ. Anal. , vol.25 , pp. 83-93
    • Nandy, M.1    Lodh, S.2
  • 54
    • 85024861396 scopus 로고    scopus 로고
    • Do managerial practices matter in innovation and firm performance relations? New evidence from the UK
    • Nemlioglu, I., Mallick, S.K., Do managerial practices matter in innovation and firm performance relations? New evidence from the UK. Eur. Financ. Manag. 23:5 (2017), 1016–1061.
    • (2017) Eur. Financ. Manag. , vol.23 , Issue.5 , pp. 1016-1061
    • Nemlioglu, I.1    Mallick, S.K.2
  • 55
    • 84998086198 scopus 로고    scopus 로고
    • Corporate social performance and firm risk: a meta–analytic review
    • Orlitzky, M., Benjamin, J., Corporate social performance and firm risk: a meta–analytic review. Bus. Soc. 40 (2001), 369–396.
    • (2001) Bus. Soc. , vol.40 , pp. 369-396
    • Orlitzky, M.1    Benjamin, J.2
  • 56
    • 77951974702 scopus 로고    scopus 로고
    • The effect of R&D intensity on corporate social responsibility
    • Padgett, R.C., Galan, J.I., The effect of R&D intensity on corporate social responsibility. J. Bus. Ethics 93:3 (2010), 407–418.
    • (2010) J. Bus. Ethics , vol.93 , Issue.3 , pp. 407-418
    • Padgett, R.C.1    Galan, J.I.2
  • 57
    • 0001269195 scopus 로고
    • Tightening environmental standards: the benefit-cost or the no-cost paradigm?
    • Palmer, K., Oates, W.E., Portney, P.R., Tightening environmental standards: the benefit-cost or the no-cost paradigm?. J. Econ. Perspect. 9 (1995), 119–132.
    • (1995) J. Econ. Perspect. , vol.9 , pp. 119-132
    • Palmer, K.1    Oates, W.E.2    Portney, P.R.3
  • 58
    • 84892702170 scopus 로고    scopus 로고
    • Estimating standard errors in finance panel data sets: comparing approaches
    • Petersen, M., Estimating standard errors in finance panel data sets: comparing approaches. Rev. Financ. Stud. 22 (2009), 435–480.
    • (2009) Rev. Financ. Stud. , vol.22 , pp. 435-480
    • Petersen, M.1
  • 59
    • 84945270074 scopus 로고    scopus 로고
    • How do country-level governance characteristics impact the relationship between R&D and firm value?
    • Pindado, J., Queiroz, V., Torre, C., How do country-level governance characteristics impact the relationship between R&D and firm value?. R&D Manag. 45 (2015), 515–526.
    • (2015) R&D Manag. , vol.45 , pp. 515-526
    • Pindado, J.1    Queiroz, V.2    Torre, C.3
  • 60
    • 2442442123 scopus 로고    scopus 로고
    • Pollution control innovations and the clean air act of 1990
    • Popp, D., Pollution control innovations and the clean air act of 1990. J. Pol. Anal. Manag. 22 (2003), 641–660.
    • (2003) J. Pol. Anal. Manag. , vol.22 , pp. 641-660
    • Popp, D.1
  • 61
    • 0000333086 scopus 로고
    • America's green strategy
    • Porter, M., America's green strategy. Sci. Am., 264, 1991, 168.
    • (1991) Sci. Am. , vol.264 , pp. 168
    • Porter, M.1
  • 62
    • 0001269204 scopus 로고
    • Toward a new conception of the environment-competitiveness relationship
    • Porter, M.E., Van der Linde, C., Toward a new conception of the environment-competitiveness relationship. J. Econ. Perspect. 9:4 (1995), 97–118.
    • (1995) J. Econ. Perspect. , vol.9 , Issue.4 , pp. 97-118
    • Porter, M.E.1    Van der Linde, C.2
  • 63
    • 0033982081 scopus 로고    scopus 로고
    • Redefining innovation—eco-innovation research and the contribution from ecological economics
    • Rennings, K., Redefining innovation—eco-innovation research and the contribution from ecological economics. Ecol. Econ. 32:2 (2000), 319–332.
    • (2000) Ecol. Econ. , vol.32 , Issue.2 , pp. 319-332
    • Rennings, K.1
  • 64
    • 0031510753 scopus 로고    scopus 로고
    • A resource-based perspective on corporate environmental performance and profitability
    • Russo, M.V., Fouts, P.A., A resource-based perspective on corporate environmental performance and profitability. Acad. Manag. J. 40 (1997), 534–559.
    • (1997) Acad. Manag. J. , vol.40 , pp. 534-559
    • Russo, M.V.1    Fouts, P.A.2
  • 65
    • 84926652167 scopus 로고    scopus 로고
    • The endogenous formation of an environmental culture
    • Schumacher, I., The endogenous formation of an environmental culture. Eur. Econ. Rev. 76 (2015), 200–221.
    • (2015) Eur. Econ. Rev. , vol.76 , pp. 200-221
    • Schumacher, I.1
  • 66
    • 0003971613 scopus 로고
    • The Theory of Economic Development
    • Harvard University Press Cambridge, Massachusetts
    • Schumpeter, J.A., The Theory of Economic Development. 1934, Harvard University Press, Cambridge, Massachusetts.
    • (1934)
    • Schumpeter, J.A.1
  • 67
    • 84899919458 scopus 로고    scopus 로고
    • Insight Report: the Global Competitiveness Report 2013–2014
    • World Economic Forum Geneva, Switzerland
    • Schwab, K., Sala-i-Martín, X., Insight Report: the Global Competitiveness Report 2013–2014., 2013, World Economic Forum, Geneva, Switzerland.
    • (2013)
    • Schwab, K.1    Sala-i-Martín, X.2
  • 68
    • 44149116527 scopus 로고    scopus 로고
    • Environmental risk management and the cost of capital
    • Sharfman, M.P., Fernando, C.S., Environmental risk management and the cost of capital. Strat. Manag. J. 29:6 (2008), 569–592.
    • (2008) Strat. Manag. J. , vol.29 , Issue.6 , pp. 569-592
    • Sharfman, M.P.1    Fernando, C.S.2
  • 69
    • 84870708831 scopus 로고    scopus 로고
    • Economic growth and polluting resources: market equilibrium and optimal policies
    • Silva, S., Soares, I., Afonso, O., Economic growth and polluting resources: market equilibrium and optimal policies. Econ. Modell. 30 (2013), 825–834.
    • (2013) Econ. Modell. , vol.30 , pp. 825-834
    • Silva, S.1    Soares, I.2    Afonso, O.3
  • 70
    • 84911059380 scopus 로고
    • Tobin's Q, Corporate diversification, and firm performance
    • Stulz, R.M., Tobin's Q, Corporate diversification, and firm performance. J. Polit. Econ. 102 (1994), 1248–1280.
    • (1994) J. Polit. Econ. , vol.102 , pp. 1248-1280
    • Stulz, R.M.1
  • 71
    • 0032388753 scopus 로고    scopus 로고
    • Capturing value from knowledge assets: the new economy, markets for know-how, and intangible assets
    • Teece, D.J., Capturing value from knowledge assets: the new economy, markets for know-how, and intangible assets. Calif. Manag. Rev. 40:3 (1998), 55–79.
    • (1998) Calif. Manag. Rev. , vol.40 , Issue.3 , pp. 55-79
    • Teece, D.J.1
  • 72
    • 0001640778 scopus 로고    scopus 로고
    • ‘The corporate social performance – financial performance link’
    • Waddock, S., Graves, S., ‘The corporate social performance – financial performance link’. Strat. Manag. J. 18:4 (1997), 303–319.
    • (1997) Strat. Manag. J. , vol.18 , Issue.4 , pp. 303-319
    • Waddock, S.1    Graves, S.2
  • 73
    • 84859249374 scopus 로고    scopus 로고
    • Eco-innovation through integration, regulation and cooperation: comparative insights from case studies in three manufacturing sectors
    • Wagner, M., Llerena, P., Eco-innovation through integration, regulation and cooperation: comparative insights from case studies in three manufacturing sectors. Ind. Innovat. 18:8 (2011), 747–764.
    • (2011) Ind. Innovat. , vol.18 , Issue.8 , pp. 747-764
    • Wagner, M.1    Llerena, P.2
  • 74
    • 84920994517 scopus 로고    scopus 로고
    • Is the red dragon green? An examination of the antecedents and consequences of environmentally proactivity in China
    • Walker, K., Ni, N., Huo, W., Is the red dragon green? An examination of the antecedents and consequences of environmentally proactivity in China. J. Bus. Ethics 125 (2014), 27–43.
    • (2014) J. Bus. Ethics , vol.125 , pp. 27-43
    • Walker, K.1    Ni, N.2    Huo, W.3
  • 75
    • 84891523402 scopus 로고    scopus 로고
    • Developing a sustainability credit score system
    • Zeidan, R., Boechat, C., Fleury, A., Developing a sustainability credit score system. J. Bus. Ethics 127 (2015), 283–296.
    • (2015) J. Bus. Ethics , vol.127 , pp. 283-296
    • Zeidan, R.1    Boechat, C.2    Fleury, A.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.