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

Author

Listed:
  • 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.

Suggested Citation

  • Donald Siegel, 2009. "Green Management Matters Only If It Yields More Green: An Economic/Strategic Perspective," Working Papers 8, Jerusalem Institute for Market Studies (JIMS).
  • Handle: RePEc:jms:wpaper:8
    as

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    File URL: http://www.jimsisrael.org/pdf/ampgreensiege53109.pdf
    File Function: First version, 2009
    Download Restriction: no
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    More about this item

    Keywords

    Green Management; Corporate-level Strategies; Profitability; Shareholder Wealth;
    All these keywords.

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    This item is featured on the following reading lists, Wikipedia, or ReplicationWiki pages:
    1. Corporate social responsibility in Wikipedia English
    2. Trách nhiệm xã hội của doanh nghiệp in Wikipedia Vietnamese

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