Corporate environmental strategy, environmental performance, and financial performance in the U.S.A. heavy polluting industries, 1991-2005

Thesis (D.B.A.)--Boston University PLEASE NOTE: Boston University Libraries did not receive an Authorization To Manage form for this thesis or dissertation. It is therefore not openly accessible, though it may be available by request. If you are the author or principal advisor of this work and woul...

Full description

Bibliographic Details
Main Author: Kim, Kyungho
Language:en_US
Published: Boston University 2015
Online Access:https://hdl.handle.net/2144/12450
Description
Summary:Thesis (D.B.A.)--Boston University PLEASE NOTE: Boston University Libraries did not receive an Authorization To Manage form for this thesis or dissertation. It is therefore not openly accessible, though it may be available by request. If you are the author or principal advisor of this work and would like to request open access for it, please contact us at open-help@bu.edu. Thank you. === This is a longitudinal study using KLD, EPA TRI and Compustat data to address several questions about the relationships between corporate environmental strategy, financial performance, and environmental performance in a sample of companies operating in the so-called "dirty" industries in the USA from 1991 to 2005. There have been numerous publications on sustainability over the last 35 years, but there is a dearth of research providing evidence in support of the theories and views advanced. The literature has focused on two issues: the relationship between corporate environmental strategy (ES) and environmental performance (EP) and the relationship between environmental performance and financial performance (FP). The preliminary research described in Chapter 2 of this dissertation explores several fundamental research questions. Building on this exploratory work are three chapters, each being a more tightly focused and rigorous study of several quite specific research questions: Chapter 3 deals with caveats for researchers using KLD data; Chapter 4 explores the relationship between corporate ES and EP in light of advances made in Chapter 3; and Chapter 5 deals with heterogeneity in the ES-EP-FP-Slack system. Chapter 6 summarizes the findings of both the preliminary and principal research and outlines future research possibilities.