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Green commitment and electricity consumption

Author

Listed:
  • Cui, Chang-Ri
  • Kim, Jeong-Taek
  • Kim, Sehee
  • Lee, Woo-Jong
  • Sunwoo, Hee-Yeon

Abstract

Based on proprietary data for the electricity consumption of Korean listed firms from 2006 to 2014, we document that the sensitivity of electricity consumption to positive activity changes is lower for firms with greater commitments to environmental responsibility (i.e., green-committed firms). The findings indicate that green-committed firms are indeed more cautious than others about electricity consumption.

Suggested Citation

  • Cui, Chang-Ri & Kim, Jeong-Taek & Kim, Sehee & Lee, Woo-Jong & Sunwoo, Hee-Yeon, 2022. "Green commitment and electricity consumption," Economics Letters, Elsevier, vol. 214(C).
    • Handle: RePEc:eee:ecolet:v:214:y:2022:i:c:s0165176522000994
    DOI: 10.1016/j.econlet.2022.110452
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    References listed on IDEAS

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    1. Mark C. Anderson & Rajiv D. Banker & Surya N. Janakiraman, 2003. "Are Selling, General, and Administrative Costs “Sticky”?," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 41(1), pages 47-63, March.
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