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Effects of Ownership and Financial Status on Corporate Environmental Performance

Dietrich Earnhart and Lubomir Lizal

No 3557, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This Paper analyses the effects of ownership structure on corporate environmental performance and examines the link from financial performance to environmental performance in a transition economy. In particular, it analyses these ownership effects and this performance link using an unbalanced panel of Czech firms for the years 1993 to 1998. It considers state ownership and various types of private ownership, while contrasting concentrated and diffuse forms of private ownership. Additionally, it examines whether or not successful financial performance begets or undermines good environmental performance.

Keywords: Czech Republic; environmental protection; financial status; ownership; pollution (search for similar items in EconPapers)
JEL-codes: D21 D62 G39 Q25 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cfn
Date: 2002-09
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