Lioui, Abraham; Sharma, Zenu - In: Ecological Economics 78 (2012) C, pp. 100-111
This paper assesses the impact of environmental corporate social responsibility (ECSR) on Corporate Financial Performance (CFP) measured by ROA and Tobin's Q. We show that the relationship between firms' return on assets (ROA) and ECSR, strengths and concerns, is negative and statistically...