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Green Management Matters Only If It Yields More Green: An Economic/Strategic Perspective

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Author Info

  • Donald Siegel

    ()
    (School of Business University at Albany, SUNY)

Abstract

This essay was written in response to the theme of this years Academy of Management Meeting, Green Management Matters. I assert that firms should adopt green management practices only if such activities complement the organizations business and corporate-level strategies and ultimately, enhance profitability or shareholder wealth. To illustrate this, I outline an economic/strategic perspective on green management practices, focusing on the strategic benefits and competitive dynamics associated with this activity. I also identify specific tactics firms can employ to achieve such strategic goals, as well as the functional areas affected by these decisions.

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File URL: http://www.jimsisrael.org/pdf/ampgreensiege53109.pdf
File Function: First version, 2009
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Bibliographic Info

Paper provided by Jerusalem Institute for Market Studies (JIMS) in its series Working Papers with number 8.

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Length: 28 pages
Date of creation: May 2009
Date of revision:
Publication status: Forthcoming, Academy of Management Perspectives
Handle: RePEc:jms:wpaper:8

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Web page: http://www.jims-israel.org
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Related research

Keywords: Green Management; Corporate-level Strategies; Profitability; Shareholder Wealth;

This paper has been announced in the following NEP Reports:

References

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Citations

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Cited by:
  1. David Waldman, 2011. "Moving Forward with the Concept of Responsible Leadership: Three Caveats to Guide Theory and Research," Journal of Business Ethics, Springer, vol. 98(1), pages 75-83, January.
  2. Rachel Bocquet & Caroline Mothe, 2013. "Profils des entreprises en matière de RSE et innovation technologique," Post-Print hal-00950166, HAL.
  3. Mabaya, Edward & Tihanyi, Krisztina Z. & Nwoga, Michelle & Cacho, Joyce, 2013. "Next Steps: The Evolution of CSR at Novus International, Inc," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 16(3).
  4. Noushi Rahman & Corinne Post, 2012. "Measurement Issues in Environmental Corporate Social Responsibility (ECSR): Toward a Transparent, Reliable, and Construct Valid Instrument," Journal of Business Ethics, Springer, vol. 105(3), pages 307-319, February.
  5. René Bohnsack & Jonatan Pinkse & Ans Kolk, 2014. "Business models for sustainable technologies: Exploring business model evolution in the case of electric vehicles," Grenoble Ecole de Management (Post-Print) hal-00936886, HAL.
  6. Metaxas, Theodore & Tsavdaridou, Maria, 2011. "A comparative content analysis of CSR strategies oriented to environmental issues between Greek and European CSR practices," MPRA Paper 41022, University Library of Munich, Germany, revised 2011.
  7. Bohnsack, René & Pinkse, Jonatan & Kolk, Ans, 2014. "Business models for sustainable technologies: Exploring business model evolution in the case of electric vehicles," Research Policy, Elsevier, vol. 43(2), pages 284-300.
  8. Lee, Ki-Hoon & Farzipoor Saen, Reza, 2012. "Measuring corporate sustainability management: A data envelopment analysis approach," International Journal of Production Economics, Elsevier, vol. 140(1), pages 219-226.
  9. McGuire, Jean & Dow, Sandra & Ibrahim, Bakr, 2012. "All in the family? Social performance and corporate governance in the family firm," Journal of Business Research, Elsevier, vol. 65(11), pages 1643-1650.
  10. Francesco Perrini & Angeloantonio Russo & Antonio Tencati & Clodia Vurro, 2011. "Deconstructing the Relationship Between Corporate Social and Financial Performance," Journal of Business Ethics, Springer, vol. 102(1), pages 59-76, March.

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