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Title Measuring Corporate Environmental Performance - Stakeholder Engagement Evaluation
ID_Doc 76460
Authors Bhattacharyya, A; Cummings, L
Title Measuring Corporate Environmental Performance - Stakeholder Engagement Evaluation
Year 2015
Published Business Strategy And The Environment, 24, 5
DOI 10.1002/bse.1819
Abstract As environmental protection has become a critical factor in achieving sustainable development, organizational stakeholders are becoming increasingly interested in corporate environmental performance (CEP). Many organizations evaluate their CEP but few academic studies have sought to evaluate it. This study undertakes CEP evaluation using an environmental performance measurement (EPM) model consisting of four managerial performance indicators (MPIs: organizational system, stakeholder relations, operational countermeasures and environmental tracking) and two operational performance indicators (OPIs: inputs and outputs). Principal component analysis (PCA) and confirmatory factor analysis (CFA) are used to test model reliability and construct validity. The relationship between MPIs and OPIs has also been analysed using correlation coefficients among the six indicators. Results indicate that there were multiple dimensions to measure under an organizational system as opposed to ideally a single factor. No single model can be effectively used due to different geographical locations and differences between companies from various industry sectors. EPM is more dependent on its organizational system and stakeholder relations than operational countermeasures and environmental tracking. Copyright (c) 2013 John Wiley & Sons, Ltd and ERP Environment.
Author Keywords corporate environmental performance; MPI; OPI; Australian companies
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000357947100002
WoS Category Business; Environmental Studies; Management
Research Area Business & Economics; Environmental Sciences & Ecology
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