文章基本信息

标题：Environmental Performance Versus Economic-financial Performance: Evidence from Italian Firms
本地全文：下载
作者：Francesca Di Pillo ; Massimo Gastaldi ; Nathan Levialdi 等
期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2017
卷号：7
期号：2
页码：98-108
语种：English
出版社：EconJournals
摘要：The aim of the study is to evaluate the economic-financial performance of a sample of 236 Italian companies in relation to their environmental performance, measured in terms of CO 2 emissions normalized by company turnover. In addition to the company’s economic management, the analysis also considers the equity structure and company liquidity, over a period of six years (2008-2013). The analysis involves the creation of four maps of positioning, serving to represent the companies of the sample in relation to their different attitudes: i) green efficiency; ii) operational efficiency; iii) company profitability; iv) financial viability; v) company liquidity. The examination of positioning maps also serves in identifying extreme cases, meaning the totally inefficient and the “virtuous” companies, and for conducting sectoral analyses to evaluate potential relations between company performances and the characteristics of their industrial sector. Keywords: Environment, CO 2 emission, Environmental performance, Economic-financial performance. JEL Classifications : L6, Q5, Q50, Q51
其他摘要：The aim of the study is to evaluate the economic-financial performance of a sample of 236 Italian companies in relation to their environmental performance, measured in terms of CO 2 emissions normalized by company turnover. In addition to the company’s economic management, the analysis also considers the equity structure and company liquidity, over a period of six years (2008-2013). The analysis involves the creation of four maps of positioning, serving to represent the companies of the sample in relation to their different attitudes: i) green efficiency; ii) operational efficiency; iii) company profitability; iv) financial viability; v) company liquidity. The examination of positioning maps also serves in identifying extreme cases, meaning the totally inefficient and the “virtuous” companies, and for conducting sectoral analyses to evaluate potential relations between company performances and the characteristics of their industrial sector. Keywords: Environment, CO 2 emission, Environmental performance, Economic-financial performance. JEL Classifications : L6, Q5, Q50, Q51