Greenhouse gas emissions variation and corporate performance in international companies Online publication date: Mon, 16-Nov-2015
by Isabel Gallego-Álvarez; Liliane Cristina Segura
International Journal of Global Warming (IJGW), Vol. 8, No. 4, 2015
Abstract: The purpose of this study is to analyse the impact that variations in greenhouse gas emissions (2007-2008) had on corporate performance during three time periods. The empirical analysis was performed in two stages: 1) analysis of the data obtained through content analysis; 2) analysis of the factors that influence corporate performance using a dependency model - a multiple linear regression. The findings of this work can be considered of great interest on the international level because on the one hand they show a reduction in greenhouse gas emissions by firms pertaining to strategic sectors in this sense, and on the other a dependence model is established to test how the variation in emissions affects firm performance under the resource-based view theory. Furthermore, certain control variables are considered, such as capital intensity, public pressure, and firm growth rate, which until now have seldom been analysed in this context.
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