ENVIRONMENTAL PURCHASING AND FIRM PERFORMANCE: AN EMPIRICAL INVESTIGATION

A great deal of debate has occurred in the literature as to whether socially responsible actions undertaken by firms result in improved financial performance. A key dimension of social responsibility is environmental initiatives and programs. While the purchasing function can create value and significantly affect the environmental actions of a firm and its upstream supply chain, no research to date has explored the effect of environmental purchasing on firm performance. The research presented here provides an initial examination of this relationship. Survey and archival data are combined to show that environmental purchasing is significantly related to both net income and cost of goods sold, after controlling for firm size, leverage, and primary earnings per share.

  • Availability:
  • Corporate Authors:

    Elsevier

    The Boulevard, Langford Lane
    Kidlington, Oxford  United Kingdom  OX5 1GB
  • Authors:
    • Carter, C R
    • Kale, R
    • Grimm, C M
  • Publication Date: 2000-9

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00795977
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 10 2000 12:00AM