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The Impact of Forest Certification on Firm Financial Performance in Canada and the U.S

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  • Kais Bouslah

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  • Bouchra M’Zali
  • Marie-France Turcotte
  • Maher Kooli

Abstract

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Suggested Citation

  • Kais Bouslah & Bouchra M’Zali & Marie-France Turcotte & Maher Kooli, 2010. "The Impact of Forest Certification on Firm Financial Performance in Canada and the U.S," Journal of Business Ethics, Springer, vol. 96(4), pages 551-572, November.
  • Handle: RePEc:kap:jbuset:v:96:y:2010:i:4:p:551-572 DOI: 10.1007/s10551-010-0482-5
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    References listed on IDEAS

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    1. Mitchell, Mark L & Stafford, Erik, 2000. "Managerial Decisions and Long-Term Stock Price Performance," The Journal of Business, University of Chicago Press, vol. 73(3), pages 287-329, July.
    2. Barla, Philippe, 2007. "ISO 14001 certification and environmental performance in Quebec's pulp and paper industry," Journal of Environmental Economics and Management, Elsevier, pages 291-306.
    3. Kothari, S. P. & Warner, Jerold B., 1997. "Measuring long-horizon security price performance," Journal of Financial Economics, Elsevier, vol. 43(3), pages 301-339, March.
    4. Ruihua Joy Jiang & Pratima Bansal, 2003. "Seeing the Need for ISO 14001," Journal of Management Studies, Wiley Blackwell, vol. 40(4), pages 1047-1067, June.
    5. Hamilton James T., 1995. "Pollution as News: Media and Stock Market Reactions to the Toxics Release Inventory Data," Journal of Environmental Economics and Management, Elsevier, vol. 28(1), pages 98-113, January.
    6. Brav, Alon & Geczy, Christopher & Gompers, Paul A., 2000. "Is the abnormal return following equity issuances anomalous?," Journal of Financial Economics, Elsevier, pages 209-249.
    7. Barber, Brad M. & Lyon, John D., 1997. "Detecting long-run abnormal stock returns: The empirical power and specification of test statistics," Journal of Financial Economics, Elsevier, vol. 43(3), pages 341-372, March.
    8. Fama, Eugene F. & French, Kenneth R., 1993. "Common risk factors in the returns on stocks and bonds," Journal of Financial Economics, Elsevier, vol. 33(1), pages 3-56, February.
    9. Ivar Kolstad, 2007. "Why Firms Should Not Always Maximize Profits," Journal of Business Ethics, Springer, vol. 76(2), pages 137-145, December.
    10. Loughran, Tim & Ritter, Jay R., 2000. "Uniformly least powerful tests of market efficiency," Journal of Financial Economics, Elsevier, vol. 55(3), pages 361-389, March.
    11. M. K. Haener & Martin K. Luckert, 1998. "Forest Certification: Economic Issues and Welfare Implications," Canadian Public Policy, University of Toronto Press, vol. 24(s2), pages 83-94, May.
    12. 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.
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    Citations

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    Cited by:

    1. Jan Endrikat, 2016. "Market Reactions to Corporate Environmental Performance Related Events: A Meta-analytic Consolidation of the Empirical Evidence," Journal of Business Ethics, Springer, pages 535-548.
    2. Cashore, Benjamin & Stone, Michael W., 2012. "Can legality verification rescue global forest governance?," Forest Policy and Economics, Elsevier, vol. 18(C), pages 13-22.
    3. Pavel Castka & Charles J. Corbett, 2016. "Governance of Eco-Labels: Expert Opinion and Media Coverage," Journal of Business Ethics, Springer, pages 309-326.
    4. Kanieski da Silva, Bruno & Boys, Kathryn A., 2016. "Forest Stewardship Standards: Voluntary Governance As A Trade Facilitation Strategy?," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 236191, Agricultural and Applied Economics Association.
    5. repec:eee:forpol:v:83:y:2017:i:c:p:169-176 is not listed on IDEAS
    6. repec:kap:jbuset:v:147:y:2018:i:1:d:10.1007_s10551-015-2963-z is not listed on IDEAS

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