Impact of environmental performance and policy on firm environmental reputation
ISSN: 0025-1747
Article publication date: 13 July 2020
Issue publication date: 22 January 2021
Abstract
Purpose
This study investigates the impact of corporate environmentalism on corporate environmental reputation. Corporate environmentalism comprises both environmental performance and environmental policy, thus distinguishing a firm's actual environmental performance from the intent of its environmental policy. The moderating effect of advertising is also investigated.
Design/methodology/approach
The study derives four hypotheses from the literature and tests these by means of a Tobit model and a unique combination of databases.
Findings
Results show a link between environmental policy and corporate environmental reputation, but not between environmental performance and corporate environmental reputation. Additionally, results reveal the moderating effect of advertising to be negative, suggesting that advertising contributes only marginally toward improving corporate environmental reputation.
Originality/value
This study is one of the first to investigate the complementary effect of environmental management, environmental policy and advertising on corporate reputation.
Keywords
Citation
De Miguel De Blas, M. (2021), "Impact of environmental performance and policy on firm environmental reputation", Management Decision, Vol. 59 No. 2, pp. 190-204. https://doi.org/10.1108/MD-09-2019-1223
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited