Purpose: The purpose of this paper is to investigate the relationship between level of environmental disclosure and establishment of a legitimacy image of operation among Japanese firms after implementation of the Kyoto Protocol. Design/methodology/approach: This study uses a sample consisting...

Purpose – The purpose of this study is to explore whether a connection exists between business operational efficiency and environmental responsibility. Design/methodology/approach – This research adopts the DEA method through a four‐step analysis to examine inter‐industry differences in...