Impact of Corporate Culture on Environmental Performance
Datos Bibliográficos
| ID | 21464086 |
|---|---|
| Autores | Mabel D Costa (0000-0002-9088-8554, Durham University, autor de correspondencia), Solomon Opare (0000-0002-0685-2146, Massey University) |
| Año | 2025 |
| Volumen | 196 |
| Número | 1 |
| Páginas | 61-92 |
| Fecha de publicación | 2025-01-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Journal of Business Ethics (JOURNAL) |
| Identificadores de la revista | ISSN: 0167-4544 • E-ISSN: 1573-0697 |
| Editorial | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s10551-024-05674-3 |
| OpenAlex | W4396845692 |
| Idioma | EN |
| Citas recibidas | 4 |
| Referencias citadas | 112 |
We examine the impact of corporate culture on environmental performance using a sample of 7199 firm-year observations over the period of 2002–2018. We find that stronger corporate culture improves environmental performance, measured by the amount of toxic chemical release (TCR). Our result is both statistically and economically significant. We also show that cultural norms of innovation, quality and teamwork as well as a technology-oriented corporate culture have a greater impact on enhancing environmental performance. Further analyses show that managerial competence and strong institutional ownership moderate the relationship between corporate culture and environmental performance. We introduce the decomposition of expected and unexpected components of TCR and document that firms with a strong corporate culture implement strategies to reduce the unexpected component of TCR in addition to the expected component of TCR. Finally, we document that strong corporate culture and environmental performance improve firms’ financial performance. Our results are robust to several sensitivity tests and procedures to mitigate endogeneity and self-selection problems. From a practical point of view, our findings suggest that a firm’s culture can determine its environmental sustainability and ethical practices
Business · Business ethics · Organizational culture · Political science · Public health · Public relations · Quality of Life Research · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Sustainable Supply Chain Management
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| Obras citantes distintas | 4 |
|---|---|
| Citas por año | 2 |
| Intervalo de citas | 2024 - 2026 (3) |
| Velocidad de citación | current |
| Altamente citado | No |
| Tipos de cita | Neutras: 3 |