Although accountability standards (e.g., the Global Reporting Initiative and SA 8000) have made their way onto the agendas of managers and researchers, a model to compare and analyze these tools in a systematic way is a conspicuous omission. This article aims to develop such a model. First, we...

The implementation of corporate environmental management system has become an essential part of running any business to attempt to achieve sustainable development. No previous studies in Saudi Arabia have been conducted to explore the use of environmental management systems. The objective of...

Should lenders be made liable for environmental damages caused by their customers? In a recent paper Pitchford studied the case where the customer is a wealth-constrained manager-owned firm. He argued convincingly that a joint liability of lender and firm may reduce the firm's incentive to...

Companies are increasingly accepting responsibility for the environment and putting in place measure that meet the green demands of customers, shareholders and politicians. Only a few however tout these environmental measures as their unique selling point and seek to gain a competitive advantage...

Influential institutions are acknowledging the need for more change to reverse practices that seriously damage social and ecological systems. The depth and extent of these changes are indicated by the call for a conscious cultural evolution. This paper considers a possible contribution from...

This paper provides new evidence on the relationship between management practices and firm performance. We interviewed managers of 190 randomly selected manufacturing plants in the UK and matched their responses with official business microdata. We find that climate friendly management practices...

Existing conceptual and empirical contributions emphasise the significant payoffs available to companies that manage their environmental impacts effectively (Porter and van der Linde, 1995; Christmann, 2000; Hart, 1997; Arag?n-Correa et al., 2004). In spite of this, empirical evidence concerning the extent...

Purpose ? The purpose of this paper is to provide a snapshot of environmental management practices in the UK and discuss managerial responses to environmental issues in comparison with earlier research. Design/methodology/approach ? A telephone interview survey approach is adopted encompassing...

This paper applies a geo-additive generalized linear mixed model to describe the spatial variation in the prevalence of cough among children under 5 years of age using the 2000 Demographic and Health survey (DHS) data from Malawi. Of particular interest in the analysis were the small area effect...

We consider two competing financial state space models and investigate whether additional information in the form of option price data is helpful to the estimation of either the unobservable state variable (volatility) or the unknown parameters in the model. The complete discussion of the...