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| DOI | 10.1002/bse.3776 |
| The productivity paradox in carbon-intensive companies: How eco-innovation affects corporate environmental and financial performance | |
| 发表日期 | 2024 |
| ISSN | 0964-4733 |
| EISSN | 1099-0836 |
| 英文摘要 | Empirical studies analyzing the relationship between strategies to reduce greenhouse gas (GHG) emissions and firms' environmental and financial performance often fail to find significant effects when firms invest in innovative green technologies. Indeed, as efficiency and productivity gains of new technologies can often be reaped only after a certain time gap, cross-sectional studies are bound to ignore the time component, thus becoming subject to the productivity paradox. Employing an integrative approach, drawing on eco-efficiency theory, productivity paradox, and innovation diffusion principles, this longitudinal study observes companies with high GHG emissions during and after the first two European Union Emission Trading Scheme (EU ETS) trading periods (2005-2019). It analyzes (1) the dynamics of carbon reduction practices over time, (2) the impact of GHG reduction strategies on environmental performance, (3) the positive effect of GHG-related efficiency improvements on firm performance, while considering (4) the moderating effect of GHG emissions type on the latter relationship. |
| 英文关键词 | eco-efficiency; eco-innovation; environmental performance; EU ETS; financial performance; productivity paradox |
| 语种 | 英语 |
| WOS研究方向 | Business & Economics ; Environmental Sciences & Ecology |
| WOS类目 | Business ; Environmental Studies ; Management |
| WOS记录号 | WOS:001214688700001 |
| 来源期刊 | BUSINESS STRATEGY AND THE ENVIRONMENT
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| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/293277 |
| 作者单位 | RWTH Aachen University |
| 推荐引用方式 GB/T 7714 | . The productivity paradox in carbon-intensive companies: How eco-innovation affects corporate environmental and financial performance[J],2024. |
| APA | (2024).The productivity paradox in carbon-intensive companies: How eco-innovation affects corporate environmental and financial performance.BUSINESS STRATEGY AND THE ENVIRONMENT. |
| MLA | "The productivity paradox in carbon-intensive companies: How eco-innovation affects corporate environmental and financial performance".BUSINESS STRATEGY AND THE ENVIRONMENT (2024). |
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