Environmental management systems, practices and outcomes: Differences in resource allocation between small and large firms
Christina W.Y. Wong,
Chee Yew Wong and
Sakun Boon-itt
International Journal of Production Economics, 2020, vol. 228, issue C
Abstract:
This paper argues both small and large firms use different resource allocation patterns to benefit from implementing environmental management practices (EMPs) and environmental management systems (EMS). Results from the multi-group structural equation analyses of a survey of manufacturing firms in two countries support the resource allocation arguments - large firms use resource-demanding EMPs such as green product design and green production to improve outcomes in environmental, cost-reduction and business performance, while small firms choose resource-light EMPs such as green logistics and green packaging to gain only environmental and cost-reduction benefits. The paper advances the existing resource-advantage view by revealing different resource allocation patterns and provides meaningful recommendations through which policy makers can address various resource allocation constraints among small and large enterprises.
Keywords: Environmental management; Performance; Large firms; Small firms; Resource allocation (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:228:y:2020:i:c:s0925527320301237
DOI: 10.1016/j.ijpe.2020.107734
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