SEM analysis on Global Fortune 500 Corporations with green ratings

被引:3
作者
Garcia-Pina Rosete, Juan Carlos [1 ]
Hernandez Barros, Rafael [2 ]
Blanco-Jimenez, Monica [1 ]
机构
[1] Univ Int la Rioja, Ave la Paz 137, Logrono 26006, La Rioja, Spain
[2] EAE Business Sch, Dept Econ Accounting & Finance, Madrid, Spain
关键词
Sustainability; Corporate social responsibility; Green Rankings; Risk; Profit; FINANCIAL PERFORMANCE; ECO-EFFICIENCY; RISK;
D O I
10.1007/s12053-020-09876-2
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This paper aims to determine the relationships, if any, between the green ratings, deemed as eco-efficiency by employing a structural equations model (SEM) to determine the relationship between the Newsweek Green Rankings and the Global Fortune 500 Corporations. The methodology includes the analysis of four sustainability variables and four social responsibility variables evaluated in the Newsweek Green Rankings to study if there is a relationship between the implementation of such variables and the operational profitability performance and the possibility of the reduction of adverse risk effects in their continued operations. The objective of this paper is to provide empirical evidence that states the benefit of implementing eco-efficiency variables in their operations.
引用
收藏
页码:1135 / 1145
页数:11
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