Effects of Ownership and Financial Status on Corporate Environmental Performance

CERGE-EI Working Paper Series No. 203

49 Pages Posted: 4 Nov 2009

See all articles by Dietrich Earnhart

Dietrich Earnhart

University of Kansas - Department of Economics; Centre for Economic Policy Research (CEPR)

Lubomir Lizal

Czech Technical University - Faculty of Electrical Engineering; Anglo-American University; Charles University in Prague - CERGE-EI, a joint workplace of Charles University and the Economics Institute of the Czech Academy of Sciences

Multiple version iconThere are 3 versions of this paper

Date Written: December 1, 2002

Abstract

This paper analyzes the effects of ownership structure on corporate environmental performance and examines the link between financial performance to environmental performance in a transition economy. In particular, it analyzes these ownership effects and this performance link using an unbalanced panel of Czech firms for the years 1993 to 1998. It considers state ownership and various types of private ownership, while contrasting concentrated and diffuse forms of private ownership. Additionally, it examines whether or not successful financial performance begets or undermines good environmental performance.

Keywords: Czech Republic, environmental protection, pollution, ownership, financial status

JEL Classification: D21, G39, Q25, D62

Suggested Citation

Earnhart, Dietrich and Lizal, Lubomir, Effects of Ownership and Financial Status on Corporate Environmental Performance (December 1, 2002). CERGE-EI Working Paper Series No. 203, Available at SSRN: https://ssrn.com/abstract=1499809 or http://dx.doi.org/10.2139/ssrn.1499809

Dietrich Earnhart (Contact Author)

University of Kansas - Department of Economics ( email )

Lawrence, KS 66049
United States
785-864-2866 (Phone)
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Centre for Economic Policy Research (CEPR)

London
United Kingdom

Lubomir Lizal

Czech Technical University - Faculty of Electrical Engineering ( email )

Technicka 2
Jug. Partyzanu 3
Prague 6, 166 27
Czech Republic

Anglo-American University ( email )

Lazenska 4
11800 Praha 1
Prague 1, 11800
Czech Republic

Charles University in Prague - CERGE-EI, a joint workplace of Charles University and the Economics Institute of the Czech Academy of Sciences ( email )

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Czech Republic
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