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dc.contributor.authorLee, Ki-Hoon
dc.contributor.authorCin, Beom Cheol
dc.contributor.authorLee, Eui Young
dc.date.accessioned2018-09-06T02:26:23Z
dc.date.available2018-09-06T02:26:23Z
dc.date.issued2016
dc.identifier.issn0964-4733
dc.identifier.doi10.1002/bse.1855
dc.identifier.urihttp://hdl.handle.net/10072/99847
dc.description.abstractThis paper investigates the way in which environmental responsibility impacts on corporate financial performance, measured by return on equity (ROE) and return on assets (ROA). Using a sample of Korean firms covering the period 2011–2012, and employing two different test methods, namely the OLS and 2SLS methods, we show that the relationships between environmental responsibility performance and firms’ ROE and ROA are positive and statistically significant. However, we show that research and development (R&D) intensity (expenditure) does not affect either environmental responsibility or corporate financial performance. The results of this analysis encourage further empirical analysis of the industries, as well as the use of more than one estimation method to determine environmental responsibility and corporate financial performance within firms.
dc.description.peerreviewedYes
dc.languageEnglish
dc.publisherJohn Wiley & Sons Ltd.
dc.relation.ispartofpagefrom40
dc.relation.ispartofpageto53
dc.relation.ispartofissue1
dc.relation.ispartofjournalBusiness Strategy and the Environment
dc.relation.ispartofvolume25
dc.subject.fieldofresearchEnvironmental Science and Management not elsewhere classified
dc.subject.fieldofresearchBusiness and Management
dc.subject.fieldofresearchEnvironmental Science and Management
dc.subject.fieldofresearchAccounting, Auditing and Accountability
dc.subject.fieldofresearchcode050299
dc.subject.fieldofresearchcode1503
dc.subject.fieldofresearchcode0502
dc.subject.fieldofresearchcode1501
dc.titleEnvironmental Responsibility and Firm Performance: The Application of an Environmental, Social and Governance Model
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of International Business and Asian Studies
gro.hasfulltextNo Full Text
gro.griffith.authorLee, Ki-Hoon


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