Green Management Matters Only If It Yields More Green: An Economic/Strategic Perspective

Donald S. Siegel ()

No 8, Working Papers from Jerusalem Institute for Market Studies (JIMS)

Abstract: This essay was written in response to the theme of this years Academy of Management Meeting, Green Management Matters. I assert that firms should adopt green management practices only if such activities complement the organizations business and corporate-level strategies and ultimately, enhance profitability or shareholder wealth. To illustrate this, I outline an economic/strategic perspective on green management practices, focusing on the strategic benefits and competitive dynamics associated with this activity. I also identify specific tactics firms can employ to achieve such strategic goals, as well as the functional areas affected by these decisions.

Keywords: Green Management; Corporate-level Strategies; Profitability; Shareholder Wealth (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse and nep-env
Date: Written
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Forthcoming, Academy of Management Perspectives

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http://www.jimsisrael.org/pdf/ampgreensiege53109.pdf First version, 2009 (application/pdf)

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