Effects of Ownership and Financial Status on Corporate Environmental Performance

Earnhart, Dietrich; Lizal, Lubomir

doi:10.2139/ssrn.328105

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Effects of Ownership and Financial Status on Corporate Environmental Performance

54 Pages Posted: 26 Nov 2002

See all articles by Dietrich Earnhart

Dietrich Earnhart

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

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

There are 3 versions of this paper

Date Written: August 7, 2002

Abstract

This paper analyzes the effects of ownership structure on corporate environmental performance and examines the link from 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: Suggested Citation

Earnhart, Dietrich and Lizal, Lubomir, Effects of Ownership and Financial Status on Corporate Environmental Performance (August 7, 2002). Available at SSRN: https://ssrn.com/abstract=328105 or http://dx.doi.org/10.2139/ssrn.328105