IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/7508868.html
   My bibliography  Save this paper

The Relationship between Carbon Performance and Corporate Financial Performance: Some UK Evidence

Author

Listed:
  • Khaled Alsaifi

    (Newcastle University Business School,)

Abstract

The environmental impact of economic activity has raised the profile of corporate carbon performance (CP) to a high level in recent times. This study examines the impact of the variation in CP on financial performance (FP). Using UK data comprising FTSE 350 firms from the period of 2007 to 2015. We also document a significant negative relationship between environmental regulations and FP. Our overall findings are consistent with the resource based view (RBV) of the firm and support the voluntary disclosure strategy by showing that firms with greater intangible resources are generating reputational assets through their enhanced carbon disclosures which in turn leads to a competitive advantage which converts into improved FP as evidenced in the present study.

Suggested Citation

  • Khaled Alsaifi, 2018. "The Relationship between Carbon Performance and Corporate Financial Performance: Some UK Evidence," Proceedings of International Academic Conferences 7508868, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:7508868
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/iises-annual-conference-sevilla/table-of-content/detail?cid=75&iid=003&rid=8868
    File Function: First version, 2018
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Carbon Disclosure Project; Carbon performance; Resource-based view; Climate Change Score; Financial performance;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:7508868. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.