Corporate Environmental and Economic Performance of Japanese Manufacturing Firms: Empirical Study for Sustainable Development

作者: Hidemichi Fujii , Kazuyuki Iwata , Shinji Kaneko , Shunsuke Managi

DOI: 10.1002/BSE.1747

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摘要: This study examines the relationships between environmental performance and economic in Japanese manufacturing firms. The indicators include CO2 emissions aggregate toxic risk associated with chemical relative to sales. Return on assets (ROA) is used as an indicator of performance. We demonstrate that there a significant, inverted U-shaped relationship ROA calculated by aggregated risk. also find increases through both returns sales capital turnover improvement. However, we observe positive financial based emissions. These findings may provide evidence for consequences firm behavior sustainable development.

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