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Journal of Business Economics

, Volume 89, Issue 7, pp 823–843 | Cite as

The role of firm-internal corporate environmental standards for organizational performance

  • Christian Schwens
  • Marcus WagnerEmail author
Original Paper

Abstract

Firms’ environmental approaches frequently encompass strategies for pollution prevention and product stewardship. We apply resource-based theorizing to determine how these two strategies affect the likelihood that a firm will adopt firm-internal environmental-management standards and how such standards relate to organizational performance. We find that pollution prevention improves firms’ competitiveness by enabling the implementation of firm-internal standards that subsequently have positive effects on profitability.

Keywords

Pollution prevention Product stewardship Resource-based view Econometric analysis 

JEL Classification

M16 Q59 L6 

Notes

Acknowledgements

We are grateful for feedback on earlier versions of the manuscript at several international conferences and workshops, especially the 2014 Sino-German Workshop on Corporate Social Responsibility and Corporate Reputation, the 2015 Workshop of the VHB Commission for Sustainability Management and the 2016 Workshop of the VHB Commission for International Management. We also thank two anonymous reviewers and the special issue editor for their valuable feedback.

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Copyright information

© Springer-Verlag GmbH Germany, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Heinrich-Heine-University DuesseldorfDüsseldorfGermany
  2. 2.Augsburg UniversityAugsburgGermany

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