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Effects of Ownership and Financial Status on Corporate Environmental Performance

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Author Info
Earnhart, Dietrich
Lizal, Lubomir

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Abstract

This Paper analyses the effects of ownership structure on corporate environmental performance and examines the link from financial performance to environmental performance in a transition economy. In particular, it analyses these ownership effects and this performance link using an unbalanced panel of Czech firms for the years 1993 to 1998. It considers state ownership and various types of private ownership, while contrasting concentrated and diffuse forms of private ownership. Additionally, it examines whether or not successful financial performance begets or undermines good environmental performance.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 3557.

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Date of creation: Sep 2002
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Handle: RePEc:cpr:ceprdp:3557

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Keywords: Czech Republic environmental protection financial status ownership pollution

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Find related papers by JEL classification:
D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
D62 - Microeconomics - - Welfare Economics - - - Externalities
G39 - Financial Economics - - Corporate Finance and Governance - - - Other
Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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References listed on IDEAS
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