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

页码：113 / 117

页数：5

共 43 条

[21] Do Firms' Slack Resources Influence the Relationship Between Focused Environmental Innovations and Financial Performance? More is Not Always Better [J].

Leyva-de la Hiz, Dante I. ;

Ferron-Vilchez, Vera ;

Alberto Aragon-Correa, J. .

JOURNAL OF BUSINESS ETHICS, 2019, 159 (04) :1215-1227

[22] An analysis of the implementation of an environmental management system in a local public administration [J].

Lozano, Macarena ;

Valles, Jose .

JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2007, 82 (04) :495-511

[23] A study of the relationships among environmental performance, environmental disclosure, and financial performance [J].

Lu, Lucy Wenxiang ;

Taylor, Martin Edward .

ASIAN REVIEW OF ACCOUNTING, 2018, 26 (01) :107-130

[24] Environmental management's impact on market value: Rewards and punishments [J].

McMillan A. ;

Dunne T.C. ;

Aaron J.R. ;

Cline B.N. .

Corporate Reputation Review, 2017, 20 (1) :105-122

[25] Economic Value of Palm Plantation in North Sumatera and Contribution to Product Domestic Regional Bruto [J].

Muda, I. ;

Siregar, H. S. ;

Sembiring, S. A. ;

Ramli ;

Manurung, H. ;

Zein, Z. .

2ND ANNUAL APPLIED SCIENCE AND ENGINEERING CONFERENCE (AASEC 2017), 2018, 288

[26] Performance Measurement Analysis of Palm Cooperative Cooperation with Using Balanced Scorecard [J].

Muda, I. ;

Roosmawati, F. ;

Siregar, H. S. ;

Ramli ;

Manurung, H. ;

Banuas, T. .

2ND ANNUAL APPLIED SCIENCE AND ENGINEERING CONFERENCE (AASEC 2017), 2018, 288

[27]

Muda Iskandar, 2018, EUROPEAN RES STUDIES, VXX, P244

[28] Manufacturing and environmental practices in the Spanish context [J].

Munoz-Villamizar, Andres ;

Santos, Javier ;

Viles, Elisabeth ;

Ormazabal, Marta .

JOURNAL OF CLEANER PRODUCTION, 2018, 178 :268-275

[29] Evaluation of Italian Companies' Perception About ISO 14001 and Eco Management and Audit Scheme III: Motivations, Benefits and Barriers [J].

Murmura, Federica ;

Liberatore, Lolita ;

Bravi, Laura ;

Casolani, Nicola .

JOURNAL OF CLEANER PRODUCTION, 2018, 174 :691-700

[30]

Ong T. S., 2016, I EC, V8, P26

← 1 2 3 4 5 →