Does environmental cost affect Japanese Firms' performance?

Nila Firdausi Nuzula

Abstract


This article aims to examine the effect of environmental cost to financial performances, measured by profitability and firm value in Japanese chemical industry during 2012-2015.  Examining about this matter in Japan case is suitable since the government has settled guidelines that assist the companies to record and report their activities in environmental preservation. This study focuses on chemical industry in Japan because the industry has been potential to create hazardous wastes along with its daily businesses. In Japan, the companies are involved in Japan Chemical Industry Association (JCIA) that initiates international environmental programs called Responsible Care.

Keywords


Strategy Management; Japan Chemical Industry Association; Japanese chemical industry; Environmental costs

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References


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DOI: http://dx.doi.org/10.26668/businessreview/2019.v4i1.105

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Intern. Journal of Profess. Bus. Review (e-ISSN: 2525-3654)

Faculty of Economics and Business, University A Coruña, Rúa de Maestranza 9, 15001 A Coruña, Spain


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Este obra está licenciado com uma Licença Creative Commons Atribuição-NãoComercial 4.0 Internacional.