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Determinants of environmental management systems standards implementation: evidence from Greek industry

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  • Halkos, George E

Abstract

This paper employs logistic regression analysis to test a model that predicts the implementation or not of Environmental Management Systems Standards (EMSS) by considering various factors as explanatory variables. The dependent variable is a dichotomous as either implementing or not EMSS by industrial firms. From past experience we identify 15 major variables contributing to implementation of EMSS. A sample of 259 respondents (84 implementing and 175 not) is used to estimate the parameters of the logistic regression model employing maximum likelihood. The results show an overall significant model with 4 of the 15 variables significant. The significance of management perception of environmental issues on their decision to implement EMSS was confirmed with regards to their perception on win-win possibilities. Pressure on companies to improve their environmental performance does not result in higher uptake of the standards. Company’s image and size are important factors in its decision to implement EMSS.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 33481.

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Date of creation: 2001
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Handle: RePEc:pra:mprapa:33481

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Related research

Keywords: Environmental Management Systems Standards; environmental performance;

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References

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  1. Seema Arora & Timothy N. Cason, 1996. "Why Do Firms Volunteer to Exceed Environmental Regulations? Understanding Participation in EPA's 33/50 Program," Land Economics, University of Wisconsin Press, vol. 72(4), pages 413-432.
  2. Dasgupta, Susmita & Hettige, Hemamala & Wheeler, David, 2000. "What Improves Environmental Compliance? Evidence from Mexican Industry," Journal of Environmental Economics and Management, Elsevier, vol. 39(1), pages 39-66, January.
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Citations

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Cited by:
  1. Lan, Jing & Munro, Alistair, 2013. "Environmental compliance and human capital: Evidence from Chinese industrial firms," Resource and Energy Economics, Elsevier, vol. 35(4), pages 534-557.
  2. Ziegler, Andreas & Busch, Timo & Hoffmann, Volker H., 2011. "Disclosed corporate responses to climate change and stock performance: An international empirical analysis," Energy Economics, Elsevier, vol. 33(6), pages 1283-1294.
  3. Pekka Tervonen & Harri Haapasalo & Sari Juntunen, 2010. "Development of environmental management: a case study of steel production," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 2(2), pages 144-163.
  4. Halkos, George & Sepetis, Anastasios, 2007. "Can capital markets respond to environmental policy of firms? Evidence from Greece," Ecological Economics, Elsevier, vol. 63(2-3), pages 578-587, August.
  5. Gilles Grolleau & Naoufel Mzoughi & Alban Thomas, 2007. "What drives agrifood firms to register for an Environmental Management System?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 34(2), pages 233-255, June.
  6. Ziegler, Andreas & Seijas Nogareda, Jazmin, 2009. "Environmental management systems and technological environmental innovations: Exploring the causal relationship," Research Policy, Elsevier, vol. 38(5), pages 885-893, June.
  7. Facundo Albornoz & Matthew A. Cole & Robert J. R. Elliott & Marco G. Ercolani, 2009. "In Search of Environmental Spillovers," The World Economy, Wiley Blackwell, vol. 32(1), pages 136-163, 01.
  8. Gilles Grolleau & Naoufel Mzoughi & Sanja Pekovic, 2013. "Is Business Performance Related to the Adoption of Quality and Environmental-Related Standards?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 54(4), pages 525-548, April.

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