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Handbook of Environmental and Sustainable Finance
book

Handbook of Environmental and Sustainable Finance

by Vikash Ramiah, Greg N. Gregoriou
October 2015
Beginner to intermediate content levelBeginner to intermediate
510 pages
17h 34m
English
Academic Press
Content preview from Handbook of Environmental and Sustainable Finance
Chapter 19

Product Market Competition and Corporate Environmental Performance

Kartick Gupta1,  and Chandrasekhar Krishnamurti2     1Centre for Applied Financial Studies (CAFS), School of Commerce, UniSA Business School, University of South Australia, Adelaide, SA, Australia     2Faculty of Business, Education, Law and Arts, University of Southern Queensland, Toowoomba, QLD, Australia

Abstract

In this chapter, we study the impact of product market competition on a company's environment performance. We empirically examine the validity of two alternate views of corporate social responsibility (CSR) in the context of product market competition. In the first view, labeled as the “strategic view” managers engage in CSR to enhance firm value. In this view, ...

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Publisher Resources

ISBN: 9780128036464