We examine the roles of the outcome and process dimensions of environmental performance in determining financial performance as measured by Tobin’s q. Outcomes refer to the impacts of the firm on the natural environment, while processes are the firm’s actions to reduce these outcomes. We...

We examine the roles of the outcome and process dimensions of environmental performance in determining financial performance as measured by Tobin's q. Outcomes refer to the impacts of the firm on the natural environment, while processes are the firm's actions to reduce these outcomes. We focus...

Summary We explore how corporate social responsibility (CSR) can contribute to the security of the firm, looking at the mechanisms that can help a socially responsible firm to achieve outcomes - such as firm legitimacy, stakeholder satisfaction, and perception of fairness - that can be useful in...