Green Management Matters Only If It Yields More Green: An Economic/Strategic Perspective
Donald Siegel ()
No 8, Working Papers from Jerusalem Institute for Market Studies (JIMS)
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)
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Forthcoming, Academy of Management Perspectives
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