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Market Value Implications of Voluntary Corporate Environmental Initiatives (CEIs)

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Sustainable Supply Chains

Part of the book series: Springer Series in Supply Chain Management ((SSSCM,volume 4))

Abstract

Although firms engage in a variety of practices to manage their internal environmental performance as well as those of their supply chains, and they often promote those efforts to concerned stakeholders, it is not well understood how those voluntary corporate environmental initiatives (CEIs) affect the financial bottom line, and the market value of the firm. In this chapter, we discuss the various types of environmental initiatives that are reported in the business press, and how they can potentially impact firm costs and revenues. We provide empirical evidence of the relationships between CEIs and the market value of the firm.

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Acknowledgment

The authors wish to acknowledge the publishers of our earlier works for their permission to partially replicate some of the information in this chapter. The two works that we draw upon are Jacobs et al. (2010) and Jacobs (2014).

Author information

Authors and Affiliations

  1. Michigan State University, East Lansing, MI, USA

    Brian Jacobs

  2. Georgia Tech, Atlanta, GA, USA

    Ravi Subramanian, Manpreet Hora & Vinod Singhal

Authors
  1. Brian Jacobs
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  2. Ravi Subramanian
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  3. Manpreet Hora
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  4. Vinod Singhal
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Corresponding author

Correspondence to Brian Jacobs .

Editor information

Editors and Affiliations

  1. Axe Logistique Terre Mer Risque, Ecole de Management de Normandie, Le Havre, France

    Yann Bouchery

  2. Anderson School of Management, University of California Los Angeles, Los Angeles, California, USA

    Charles J. Corbett

  3. School of Industrial Engineering, Eindhoven University of Technology, Eindhoven, The Netherlands

    Jan C. Fransoo

  4. School of Industrial Engineering, Eindhoven University of Technology, Eindhoven, The Netherlands

    Tarkan Tan

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© 2017 Yann Bouchery, Charles J. Corbett, Jan C. Fransoo, and Tarkan Tan

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Jacobs, B., Subramanian, R., Hora, M., Singhal, V. (2017). Market Value Implications of Voluntary Corporate Environmental Initiatives (CEIs). In: Bouchery, Y., Corbett, C., Fransoo, J., Tan, T. (eds) Sustainable Supply Chains. Springer Series in Supply Chain Management, vol 4. Springer, Cham. https://doi.org/10.1007/978-3-319-29791-0_14

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