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A resource-based perspective on corporate environmental performance and profitability

Article Abstract:

Drawing on the resource-based view of the firm, we posited that environmental performance and economic performance are positively linked and that industry growth moderates the relationship, with the returns to environmental performance higher in high-growth industries. We tested these hypotheses with an analysis of 243 firms over two years, using independently developed environmental ratings. Results indicate that "it pays to be green" and that this relationship strengthens with industry growth. We conclude by highlighting the study's academic and managerial implications, making special reference to the social issues in management literature. (Reprinted by permission of the publisher.)

Profits, Sustainable development, Corporate social responsibility, Environmental economics, Corporate profits

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The multidivisional structure as an enabling device: a longitudinal study of discretionary cash as a strategic resource

Article Abstract:

This study's argument is that adoption of a multidivisional, or M-form, organizational structure is linked to increases in a firm's levels of discretionary cash. I developed this proposition by assessing the advantages of the M-form as an instrument for directing cash, a fully fungible corporate resource, to alternative uses. Event history analysis was used to model the diffusion of the M-form through a group of electric utilities. Results show that the hypothesized relationship holds, even when the effects of firm size, levels of diversification and vertical integration, and possible imitation effects are controlled. (Reprinted by permission of the publisher.)

Business enterprises, Organizational change, Cash management

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Organizational design and environmental performance: Clues from the electronic industry

Article Abstract:

A congruence model of organizational design is used to study how internal processes influence environmental performance. A study conducted over a large sample of the US electronic facilities confront the theories of environmental management and congruence with provocative questions, which are discussed in depth.

United States, ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Environmental Management, Management dynamics, Administration of Environmental Quality Programs, Conservation & Land Mgmt-Total Govt, Analysis, Environmental aspects, Electronics industry, Company business management, Environmental protection, Organizational structure

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