Abstract
This study investigates the relationship between R&D intensity and firms’ environmental concerns conceptualized as negative environmental externalities resulting from manufacturing activities. The study uses a large sample of U.S. firms in manufacturing industries over the period of 1991–2009. Our finding, robust to a number of sensitivity analyses, is that environmental concerns tend to decrease with R&D intensity expenditures at the firm level. This finding supports previous research and fills a gap in that research linking R&D intensity to corporate environmental performance. The result strengthens the discussion about environmental performance—namely, the reduction of negative environmental externalities—and economic performance.
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Kabongo, J.D., Okpara, J.O. (2013). Environmental Performance: The Impact of R&D Intensity on Firms’ Environmental Concerns. In: Okpara, J., Idowu, S. (eds) Corporate Social Responsibility. CSR, Sustainability, Ethics & Governance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-40975-2_6
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DOI: https://doi.org/10.1007/978-3-642-40975-2_6
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