| ID | 137534 |
| Title Proper | Impacts of ISO 14001 adoption on firm performance |
| Other Title Information | evidence from China |
| Language | ENG |
| Author | Lu, Jiangyong ; Cao, Jing ; He, Wenlong ; Liu, Chong |
| Summary / Abstract (Note) | This paper investigates the impacts of ISO 14001 adoption on the performance of firms using a sample of Chinese firms. The results show that adopting ISO 14001 has insignificant impacts on the financial performance of Chinese firms. A further investigation shows that the adoption of ISO 14001 increases sales and costs of firms in similar magnitudes, thus causes insignificant net effects on the financial performance. Despite negligible financial gains, the adoption of ISO 14001 provides implicit non-financial benefits, such as promoting export and relieving coercive environmental inspections from the government. |
| `In' analytical Note | China Economic Review Vol.32, No. ; Feb.2015: p.43-56 |
| Journal Source | China Economic Review 2015-03 32 |
| Key Words | Economic Development ; China ; Financial Investigation ; Financial Performance ; Chinese Economy ; Chinese Firms ; Coercive Inspections ; Financial Gains ; Environmental Inspections |