This study identifies the nature and extent of interdependencies among environmental strategic planning, environmental value systems, and firms’ environmental and economic outcomes
2018
Key concepts
Scholarcy highlights
- This study identifies the nature and extent of interdependencies among environmental strategic planning, environmental value systems, and firms’ environmental and economic outcomes
- The results suggest that while ESP is positively associated with improved environmental performance, the emphasis of environmental value systems may not directly influence environmental performance outcomes
- Though environmental performance is positively associated with economic performance, the indirect association between ESP and economic performance through environmental performance is not absolute
- This indirect association is conditional on the emphasis placed on environmental value systems
- The indirect association between ESP and economic performance is stronger for firms that employ formal and informal systems to promote shared environmental values and beliefs throughout the organisation
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