Abstract
In this section, the author will review the relevant empirical literature. He will begin with an overview of empirical studies undertaken on both sectors (see Table 3-1). This overview will be brief and concise to on the one hand provide some insight into research foci to date but on the other to avoid redundancies: Any sector-specific research that is relevant to the present study will be discussed in more detail in the coming subsections, in which previous research in the study’s key concepts will be reviewed.
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References
Attitudes towards CSR were also investigated by e.g. Arlow et al. (1982), Bowman (1977) Holmes (1976) and Rojsek (2001).
A high ratio is seen as an indicator of firms that work close to capacity, and thus may be more concerned with reengineering and restructuring than environmental issues (Henriques et al., 1996).
Other relevant studies include those of Elkington (1994), Mathieu (2002) and Dunn (2002).
Methodologies comprised correlation, regression and portfolio analysis (e.g. Bowman & Haire, 1975; Bragdon & Marlin, 1972; Campbell & Soderstrom, 1996; Davidson III & Worrel, 1990; Dowell, Hart, & Yeung, 2000; Hillman & Keim, 2001; Kiernan, 2001; McGuire, Sundgren, & Schneeweis, 1988; Pava & Krausz, 1996; Preston et al., 1997; Ruf, Muralidhar, Brown, Janney, & Paul, 2001; Stanwick & Stanwick, 1998b; Stanwick et al., 1998a; Verschoor, 1999, 2002), and event studies (Frooman, 1997; Innovest, 2002a).
Several control variables were proposed, including the national level and approach of environmental regulation, firm size, and industry market structure (Wagner et al., 2001)
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(2008). Review of empirical literature. In: Corporate Sustainability Management in the Energy Sector. Gabler. https://doi.org/10.1007/978-3-8349-8132-5_3
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DOI: https://doi.org/10.1007/978-3-8349-8132-5_3
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