Environmental innovations and financial performance of Japanese automotive and electronics companies
College
Ramon V. Del Rosario College of Business
Department/Unit
Accountancy
Document Type
Article
Source Title
Green Growth: Managing the Transition to a Sustainable Economy: Learning by Doing in East Asia and Europe
First Page
173
Last Page
190
Publication Date
1-1-2012
Abstract
Sustainability reporting as facilitated by the Ministry of Environment’s environmental accounting and reporting guidelines has been standardized in Japan for over a decade now. Product and process improvements pertinent to environmental innovations are measured in environmental costs. Following literature on the resource-based view perspective, this chapter describes the positive impact of environmental innovations on financial performance. Alternatively, the slack availability of resources perspective describes the reverse effect of the relationship, i.e. financial performance positively affects investments in environmental innovations. Finally, we investigate the existence of virtuous cycles between the constructs and how tangible and intangible benefits accumulate within the context of greening businesses. © Springer Science+Business Media Dordrecht 2012.
html
Digitial Object Identifier (DOI)
10.1007/978-94-007-4417-2_9
Recommended Citation
Cortez, M. A., & Cudia, C. P. (2012). Environmental innovations and financial performance of Japanese automotive and electronics companies. Green Growth: Managing the Transition to a Sustainable Economy: Learning by Doing in East Asia and Europe, 173-190. https://doi.org/10.1007/978-94-007-4417-2_9
Disciplines
Accounting
Keywords
Environmental auditing--Japan; Environmental responsibility--Japan; Automobile industry and trade—Japan--Finance; Automobile industry and trade—Japan--Environmental aspects
Upload File
wf_no
