Opportunity Cost Based Analysis of Corporate Eco-Efficiency : A Methodology and its Application to the CO2-Efficiency of German Companies
In this paper, we propose the return-to-cost-ratio (RCR) as an alternative approach to the analysis of operational eco-efficiency of companies based on the notion of opportunity costs. RCR helps to overcome two fundamental deficits of existing approaches to eco-efficiency. (1) It translates eco-efficiency into managerial terms by applying the well-established notion of opportunity costs to eco-efficiency analysis. (2) RCR allows to identify and quantify the drivers behind changes in corporate eco-efficiency. RCR is applied to the analysis of the CO2-efficiency of German companies in order to illustrate its usefulness for a detailed analysis of changes in corporate eco-efficiency as well as for the development of effective environmental strategies
Year of publication: |
2014
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Authors: | Hahn, Tobias ; Figge, Frank ; Liesen, Andrea ; Barkemeyer, Ralf |
Publisher: |
[S.l.] : SSRN |
Subject: | Deutschland | Germany | Opportunitätskosten | Opportunity cost |
Description of contents: | Abstract [papers.ssrn.com] |
Saved in:
Extent: | 1 Online-Ressource |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | In: Journal of Environmental Management, 91(10), 1997-2007 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2010 erstellt Volltext nicht verfügbar |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014154876