Environmental projects and financial performance: Exploring the impact of project characteristics
In several manufacturing organizations, environmental management systems are often operationalized through a series of green projects that can lead to a reduction of waste or a more efficient use of the resources. In turn, these types of green projects contribute directly to the bottom line. Using detailed reports of 79 environmental projects that took place in manufacturing organizations in the Province of Quebec over the last decade; this paper examines the influence of four project characteristics on the project's financial outcome. The results suggest that projects related to the main product or its underlying production process (as opposed to peripheral projects) can be financially more beneficial despite their disruptive nature. Evidence was also found that green projects involving changes in the management systems are more profitable than the ones that entail a structural transformation. Finally, a positive linkage between organizational size and project's financial performance has been supported, as larger organizations have more capabilities to implement such green initiatives.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 140 (2012)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/ijpe|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ubeda, S. & Arcelus, F.J. & Faulin, J., 2011. "Green logistics at Eroski: A case study," International Journal of Production Economics, Elsevier, vol. 131(1), pages 44-51, May.
- Shameek Konar & Mark A. Cohen, 2001. "Does The Market Value Environmental Performance?," The Review of Economics and Statistics, MIT Press, vol. 83(2), pages 281-289, May.
- Barla, Philippe, 2007.
"ISO 14001 certification and environmental performance in Quebec's pulp and paper industry,"
Journal of Environmental Economics and Management,
Elsevier, vol. 53(3), pages 291-306, May.
- Barla, Philippe, 2005. "ISO 14001 Certification and Environmental Performance in Quebec's Pulp and Paper Industry," Cahiers de recherche 0503, GREEN.
- Barla, Philippe, 2005. "ISO 14001 Certification and Environmental Performance in Quebec's Pulp and Paper Industry," Cahiers de recherche 0503, Université Laval - Département d'économique.
- Pinto, Jeffrey K. & Kharbanda, Om P., 1996. "How to fail in project management (without really trying)," Business Horizons, Elsevier, vol. 39(4), pages 45-53.
- Chialin Chen, 2001. "Design for the Environment: A Quality-Based Model for Green Product Development," Management Science, INFORMS, vol. 47(2), pages 250-263, February.
- John E. Ettlie & William P. Bridges & Robert D. O'Keefe, 1984. "Organization Strategy and Structural Differences for Radical Versus Incremental Innovation," Management Science, INFORMS, vol. 30(6), pages 682-695, June.
- de Ron, Ad J., 1998. "Sustainable production: The ultimate result of a continuous improvement," International Journal of Production Economics, Elsevier, vol. 56(1), pages 99-110, September.
- Scherrer-Rathje, Maike & Boyle, Todd A. & Deflorin, Patricia, 2009. "Lean, take two! Reflections from the second attempt at lean implementation," Business Horizons, Elsevier, vol. 52(1), pages 79-88.
- Andrew King & Michael Lenox, 2002. "Exploring the Locus of Profitable Pollution Reduction," Management Science, INFORMS, vol. 48(2), pages 289-299, February.
- Fariborz Damanpour, 1996. "Organizational Complexity and Innovation: Developing and Testing Multiple Contingency Models," Management Science, INFORMS, vol. 42(5), pages 693-716, May.
- Vachon, Stephan & Klassen, Robert D., 2008. "Environmental management and manufacturing performance: The role of collaboration in the supply chain," International Journal of Production Economics, Elsevier, vol. 111(2), pages 299-315, February.
- Sarkis, Joseph & Cordeiro, James J., 2001. "An empirical evaluation of environmental efficiencies and firm performance: Pollution prevention versus end-of-pipe practice," European Journal of Operational Research, Elsevier, vol. 135(1), pages 102-113, November.
- Robert D. Klassen & Curtis P. McLaughlin, 1996. "The Impact of Environmental Management on Firm Performance," Management Science, INFORMS, vol. 42(8), pages 1199-1214, August.
- Yang, Ma Ga (Mark) & Hong, Paul & Modi, Sachin B., 2011. "Impact of lean manufacturing and environmental management on business performance: An empirical study of manufacturing firms," International Journal of Production Economics, Elsevier, vol. 129(2), pages 251-261, February. Full references (including those not matched with items on IDEAS)