An Analysis on the Effect of Environmental Performance and the Implementation of Environmental Management System (ISO 14001) on the Issuer Financial Performance

被引：0
作者：
Muda, Iskandar [1 ]
Wahyuni, Elisa [1 ]
机构：
[1] Univ Sumatera Utara, Jl Prof TM Hanafiah 12 USU Campus, Medan 20155, North Sumatera, Indonesia
来源：
QUALITY-ACCESS TO SUCCESS | 2019年 / 20卷 / 168期
关键词：
standardization; earning per share; environmental performance; PROPER; ISO; 14001; financial performance; SOCIAL-RESPONSIBILITY; EMPIRICAL-EVIDENCE; ECO-MANAGEMENT; CERTIFICATION; IMPACT; BENEFITS; ADOPTION; COMMITMENT; DISCLOSURE; STANDARDS;
D O I：
暂无
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
This study aims to examine and analyze the impact of Environmental Performance as measured by the result of PROPER (Pollution Control Evaluation and Rating) assessment and the implementation of ISO 14001 environmental management system (EMS) to the financial performance, based on the value of Earning Per Share in manufacturing companies which are listed in Indonesia Stock Exchange and being PROPER participants from 2012 to 2016. The results of this study indicated that simultaneously environmental performance and the Implementation of Environmental Management System (ISO 14001) has no significant effect on the financial performance. The Environment Performance partially has significant effect on the financial performance while the Implementation of Environmental Management System (ISO 14001) partially has no significant effect on the financial performance.
引用
收藏
页码：113 / 117
页数：5
相关论文
共 43 条
[1]   Evaluation of the costs and benefits of an environmental management system [J].
Alberti, M ;
Caini, L ;
Calabrese, A ;
Rossi, D .
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH, 2000, 38 (17) :4455-4466
[2]   The Effects of Hip Mobilizations on Patient Outcomes: A Critically Appraised Topic [J].
Albertin, Erica S. ;
Miley, Emilie N. ;
May, James ;
Baker, Russell T. ;
Reordan, Don .
JOURNAL OF SPORT REHABILITATION, 2019, 28 (04) :390-394
[3]   How Does Entrepreneurial and International Orientation Influence SMEs' Commitment to Sustainable Development? Empirical Evidence from Spain and Mexico [J].
Ayuso, Silvia ;
Ernesto Navarrete-Baez, Francisco .
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT, 2018, 25 (01) :80-94
[4]   A Multidimensional Analysis of the Relationship Between Corporate Social Responsibility and Firms' Economic Performance [J].
Blasi, Silvia ;
Caporin, Massimiliano ;
Fontini, Fulvio .
ECOLOGICAL ECONOMICS, 2018, 147 :218-229
[5]   An exploration of interventions in ISO 9001 and ISO 14001 certification context - A multiple case study approach [J].
Castka, Pavel ;
Balzarova, Michaela A. .
JOURNAL OF CLEANER PRODUCTION, 2018, 174 :1642-1652
[6]   Environmental performance evaluation A proposed analytical tool for an industrial process application [J].
Correa Maceno, Marcell Mariano ;
Pawlowsky, Urivald ;
Machado, Karina Scurupa ;
Seleme, Robson .
JOURNAL OF CLEANER PRODUCTION, 2018, 172 :1452-1464
[7]   Predicting the cost of environmental management system adoption: The role of capabilities, resources and ownership structure [J].
Darnall, N ;
Edwards, D .
STRATEGIC MANAGEMENT JOURNAL, 2006, 27 (04) :301-320
[8]   The impact of regulatory complexity upon self-regulation: Evidence from the adoption and certification of environmental management systems [J].
Demirel, Pelin ;
Iatridis, Konstantinos ;
Kesidou, Effie .
JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2018, 207 :80-91
[9]   Environmental risk management and financial performance in the banking industry: A cross-country comparison [J].
Finger, Maya ;
Gavious, Ilanit ;
Manos, Ronny .
JOURNAL OF INTERNATIONAL FINANCIAL MARKETS INSTITUTIONS & MONEY, 2018, 52 :240-261
[10]   The level of socioeconomic development of EU countries and the state of ISO 14001 certification [J].
Fura, Barbara ;
Wang, Qingfang .
QUALITY & QUANTITY, 2017, 51 (01) :103-119
12345