Are companies less environmentally-friendly due to the crisis? Evidence from Europe
Academicians and managers are worried about what is going to happen with the Environmental Responsibilities of companies due to the worsening of their financial situation caused by the severe economic crisis that is significantly affecting them. The aim of this paper is to study the effect of th...
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Format: | Article |
Language: | English |
Published: |
University of the Algarve - ESGHT - CIEO
2015-01-01
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Series: | Tourism & Management Studies |
Subjects: | |
Online Access: | https://tmstudies.net/index.php/ectms/article/view/767/1289 |
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author | María del Mar Miras-Rodríguez Bernabé Escobar-Pérez Amalia Carrasco Gallego |
author_facet | María del Mar Miras-Rodríguez Bernabé Escobar-Pérez Amalia Carrasco Gallego |
author_sort | María del Mar Miras-Rodríguez |
collection | DOAJ |
description | Academicians and managers are worried about what is going to
happen with the Environmental Responsibilities of companies
due to the worsening of their financial situation caused by the
severe economic crisis that is significantly affecting them. The
aim of this paper is to study the effect of the crisis on the
environmental behavior of companies from the European
countries that are suffering the financial crisis most (Greece,
Ireland, Italy, Portugal, and Spain) through a data panel study
between 2005 and 2012.
The results show surprisingly that proactive, environmentallyfriendly actions have not decreased during the crisis but rather that
the crisis has meant an increase in environmental commitment.
This is strongly motivated by the Product Innovation actions which
attain the highest increase. |
first_indexed | 2024-12-12T20:27:22Z |
format | Article |
id | doaj.art-194e1df14a004022beda18844226973f |
institution | Directory Open Access Journal |
issn | 2182-8466 |
language | English |
last_indexed | 2024-12-12T20:27:22Z |
publishDate | 2015-01-01 |
publisher | University of the Algarve - ESGHT - CIEO |
record_format | Article |
series | Tourism & Management Studies |
spelling | doaj.art-194e1df14a004022beda18844226973f2022-12-22T00:13:07ZengUniversity of the Algarve - ESGHT - CIEOTourism & Management Studies2182-84662015-01-01111129135Are companies less environmentally-friendly due to the crisis? Evidence from EuropeMaría del Mar Miras-Rodríguez0Bernabé Escobar-Pérez1Amalia Carrasco Gallego2University of Extremadura, Faculty of Business Studies and Tourism, Department of Financial Economics and Accounting, Avd. de la Universidad S/N, 10003, Cáceres, SpainUniversity of Seville, Faculty of Economics and Business Studies, Department of Accounting and Finance, 41018, SpainUniversity of Seville, Faculty of Economics and Business Studies, Department of Accounting and Finance, 41018, SpainAcademicians and managers are worried about what is going to happen with the Environmental Responsibilities of companies due to the worsening of their financial situation caused by the severe economic crisis that is significantly affecting them. The aim of this paper is to study the effect of the crisis on the environmental behavior of companies from the European countries that are suffering the financial crisis most (Greece, Ireland, Italy, Portugal, and Spain) through a data panel study between 2005 and 2012. The results show surprisingly that proactive, environmentallyfriendly actions have not decreased during the crisis but rather that the crisis has meant an increase in environmental commitment. This is strongly motivated by the Product Innovation actions which attain the highest increase.https://tmstudies.net/index.php/ectms/article/view/767/1289environmental responsibilitycrisisperformancedata paneleurope |
spellingShingle | María del Mar Miras-Rodríguez Bernabé Escobar-Pérez Amalia Carrasco Gallego Are companies less environmentally-friendly due to the crisis? Evidence from Europe Tourism & Management Studies environmental responsibility crisis performance data panel europe |
title | Are companies less environmentally-friendly due to the crisis? Evidence from Europe |
title_full | Are companies less environmentally-friendly due to the crisis? Evidence from Europe |
title_fullStr | Are companies less environmentally-friendly due to the crisis? Evidence from Europe |
title_full_unstemmed | Are companies less environmentally-friendly due to the crisis? Evidence from Europe |
title_short | Are companies less environmentally-friendly due to the crisis? Evidence from Europe |
title_sort | are companies less environmentally friendly due to the crisis evidence from europe |
topic | environmental responsibility crisis performance data panel europe |
url | https://tmstudies.net/index.php/ectms/article/view/767/1289 |
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