Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies
Autor(a) principal: | |
---|---|
Data de Publicação: | 2014 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Revista de Gestão Ambiental e Sustentabilidade - GeAS |
Texto Completo: | https://periodicos.uninove.br/geas/article/view/9869 |
Resumo: | Since the last decades of the 20th century, companies have been pressured by new demands of society in order to present more conscious and sustainable behaviors. Adapting to this new paradigm, many of the medium and large companies have directed their strategies and actions to social and environmental aspects. Environmental management figures as an indispensable tool to guide such actions. The purpose of this article is to understand the environmental practices of Brazilian companies and to analyze if these practices influence their financial performance. Data were collected from Análise Gestão Ambiental magazine about the environmental initiatives of enterprises as well as from financial indicators (Exame magazine, BOVESPA, and official financial statements of the companies). Data were statistically analyzed using SPSS 17.0 software. Initially a TwoStep cluster analysis was used in order to identify groups of firms practicing distinct environmental strategies. Then, the financial indicators of companies clusters found were analyzed by means of ANOVA and MANOVA statistical tools to check for differences between the financial performances of these clusters. The results of this analysis of a sample of 142 firms suggest that environmental management practices can be classified into two distinct categories - reactive and proactive - but no significant differences between the financial performances of these clusters were found. |
id |
UNINOVE-3_1ae80b9c598cefc7ecc8b358b78ad5b1 |
---|---|
oai_identifier_str |
oai:ojs.periodicos.uninove.br:article/9869 |
network_acronym_str |
UNINOVE-3 |
network_name_str |
Revista de Gestão Ambiental e Sustentabilidade - GeAS |
repository_id_str |
|
spelling |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian CompaniesEvaluación del Efecto de Las Estrategias de Gestión Ambiental en el Desempeño Financiero de Empresas BrasileñasAvaliação do Efeito das Estratégias de Gestão Ambiental Sobre o Desempenho Financeiro de Empresas BrasileirasEnvironmental ManagementEnvironmental StrategiesTaxonomiesFinancial Performance.Gestión AmbientalEstrategias AmbientalesTaxonomiasDesempeño Financiero.Gestão AmbientalEstratégias AmbientaisTaxonomiasDesempenho Financeiro.Since the last decades of the 20th century, companies have been pressured by new demands of society in order to present more conscious and sustainable behaviors. Adapting to this new paradigm, many of the medium and large companies have directed their strategies and actions to social and environmental aspects. Environmental management figures as an indispensable tool to guide such actions. The purpose of this article is to understand the environmental practices of Brazilian companies and to analyze if these practices influence their financial performance. Data were collected from Análise Gestão Ambiental magazine about the environmental initiatives of enterprises as well as from financial indicators (Exame magazine, BOVESPA, and official financial statements of the companies). Data were statistically analyzed using SPSS 17.0 software. Initially a TwoStep cluster analysis was used in order to identify groups of firms practicing distinct environmental strategies. Then, the financial indicators of companies clusters found were analyzed by means of ANOVA and MANOVA statistical tools to check for differences between the financial performances of these clusters. The results of this analysis of a sample of 142 firms suggest that environmental management practices can be classified into two distinct categories - reactive and proactive - but no significant differences between the financial performances of these clusters were found.Desde las últimas décadas del siglo XX, las empresas comenzaron a ser presionadas por las nuevas demandas de la sociedad con el fin de presentar un comportamiento más consciente y sostenible. Con vista adaptarse a este nuevo paradigma, la mayor parte de las medianas y grandes empresas han dirigido sus estrategias y acciones a los aspectos ambientales. Figura la gestión ambiental como una herramienta indispensable para orientar las acciones. El propósito de este artículo es conocer las prácticas ambientales de las empresas brasileñas y ver si influyen en su desempeño financiero. Los datos fueron obtenidos de la Revista Análisis de Gestión Ambiental sobre las iniciativas medio ambientales de las empresas, así como los indicadores financieros (revista Exame, BOVESPA y los balances oficiales de las empresas). Los datos fueron analizados estadísticamente con el programa SPSS 17.0. Inicialmente, se utilizó el análisis de conglomerados con la herramienta TwoStep cluster analysis para identificar a los grupos de empresas que practican estrategias ambientales distintas. A continuación, indicadores financieros de los grupos de sociedades encontrados fueron analizados mediante ANOVA y MANOVA, herramientas estadísticas para comprobar las diferencias entre el desempeño financiero de estos grupos. Los resultados de este análisis para una muestra de 142 empresas sugieren que las prácticas de gestión ambiental se pueden clasificar en dos categorías distintas - reactiva y proactiva - y que no existen diferencias significativas entre el desempeño financiero de estos grupos.A partir das últimas décadas do século XX, as empresas passaram a ser pressionadas por novas demandas da sociedade para apresentar um comportamento mais consciente e sustentável. Adequando-se a esse novo paradigma, boa parte das médias e grandes empresas tem dirigido suas estratégias e ações para aspectos socioambientais, com a gestão ambiental como ferramenta imprescindível para norteá-las. O objetivo deste artigo é compreender as práticas ambientais adotadas por empresas brasileiras e verificar se elas influenciam seus desempenhos financeiros. Foram coletados dados da revista Análise Gestão Ambiental sobre as iniciativas ambientais das empresas e indicadores financeiros da revista Exame, BM&FBOVESPA e demonstrativos oficiais das empresas. Os dados foram tratados estatisticamente com o software SPSS 17.0. Inicialmente, a ferramenta two-step cluster analysis foi usada para identificar grupos de empresas praticando estratégias ambientais distintas. Em seguida, os indicadores financeiros dos grupos de empresas encontrados foram analisados por meio de análise multivariada de variância (MANOVA) e análise de variância (ANOVA) para verificar se havia diferenças entre o desempenho financeiro dos grupos. Os resultados desta análise, para uma amostra de 142 empresas, sugerem que as práticas de gestão ambiental podem ser classificadas em duas categorias distintas – reativas e proativas – e que não há diferenças significativas entre o desempenho financeiro desses grupos.Universidade Nove de Julho - UNINOVE2014-08-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://periodicos.uninove.br/geas/article/view/986910.5585/geas.v3i2.93Revista de Gestão Ambiental e Sustentabilidade; v. 3 n. 2 (2014): Maio - Agosto; 16-382316-9834reponame:Revista de Gestão Ambiental e Sustentabilidade - GeASinstname:Universidade Nove de Julho (UNINOVE)instacron:UNINOVEporhttps://periodicos.uninove.br/geas/article/view/9869/4571Copyright (c) 2018 Revista de Gestão Ambiental e Sustentabilidadeinfo:eu-repo/semantics/openAccessAraújo, Gabriel Aguiar DeCohen, MarcosSilva, Jorge Ferreira da2018-12-05T03:50:17Zoai:ojs.periodicos.uninove.br:article/9869Revistahttps://periodicos.uninove.br/geasONGhttps://periodicos.uninove.br/geas/oai||journalgeas@gmail.com2316-98342316-9834opendoar:2018-12-05T03:50:17Revista de Gestão Ambiental e Sustentabilidade - GeAS - Universidade Nove de Julho (UNINOVE)false |
dc.title.none.fl_str_mv |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies Evaluación del Efecto de Las Estrategias de Gestión Ambiental en el Desempeño Financiero de Empresas Brasileñas Avaliação do Efeito das Estratégias de Gestão Ambiental Sobre o Desempenho Financeiro de Empresas Brasileiras |
title |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies |
spellingShingle |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies Araújo, Gabriel Aguiar De Environmental Management Environmental Strategies Taxonomies Financial Performance. Gestión Ambiental Estrategias Ambientales Taxonomias Desempeño Financiero. Gestão Ambiental Estratégias Ambientais Taxonomias Desempenho Financeiro. |
title_short |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies |
title_full |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies |
title_fullStr |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies |
title_full_unstemmed |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies |
title_sort |
Evaluation of the Effect of Environmental Management Strategies on the Financial Performance of Brazilian Companies |
author |
Araújo, Gabriel Aguiar De |
author_facet |
Araújo, Gabriel Aguiar De Cohen, Marcos Silva, Jorge Ferreira da |
author_role |
author |
author2 |
Cohen, Marcos Silva, Jorge Ferreira da |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Araújo, Gabriel Aguiar De Cohen, Marcos Silva, Jorge Ferreira da |
dc.subject.por.fl_str_mv |
Environmental Management Environmental Strategies Taxonomies Financial Performance. Gestión Ambiental Estrategias Ambientales Taxonomias Desempeño Financiero. Gestão Ambiental Estratégias Ambientais Taxonomias Desempenho Financeiro. |
topic |
Environmental Management Environmental Strategies Taxonomies Financial Performance. Gestión Ambiental Estrategias Ambientales Taxonomias Desempeño Financiero. Gestão Ambiental Estratégias Ambientais Taxonomias Desempenho Financeiro. |
description |
Since the last decades of the 20th century, companies have been pressured by new demands of society in order to present more conscious and sustainable behaviors. Adapting to this new paradigm, many of the medium and large companies have directed their strategies and actions to social and environmental aspects. Environmental management figures as an indispensable tool to guide such actions. The purpose of this article is to understand the environmental practices of Brazilian companies and to analyze if these practices influence their financial performance. Data were collected from Análise Gestão Ambiental magazine about the environmental initiatives of enterprises as well as from financial indicators (Exame magazine, BOVESPA, and official financial statements of the companies). Data were statistically analyzed using SPSS 17.0 software. Initially a TwoStep cluster analysis was used in order to identify groups of firms practicing distinct environmental strategies. Then, the financial indicators of companies clusters found were analyzed by means of ANOVA and MANOVA statistical tools to check for differences between the financial performances of these clusters. The results of this analysis of a sample of 142 firms suggest that environmental management practices can be classified into two distinct categories - reactive and proactive - but no significant differences between the financial performances of these clusters were found. |
publishDate |
2014 |
dc.date.none.fl_str_mv |
2014-08-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://periodicos.uninove.br/geas/article/view/9869 10.5585/geas.v3i2.93 |
url |
https://periodicos.uninove.br/geas/article/view/9869 |
identifier_str_mv |
10.5585/geas.v3i2.93 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://periodicos.uninove.br/geas/article/view/9869/4571 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2018 Revista de Gestão Ambiental e Sustentabilidade info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2018 Revista de Gestão Ambiental e Sustentabilidade |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade Nove de Julho - UNINOVE |
publisher.none.fl_str_mv |
Universidade Nove de Julho - UNINOVE |
dc.source.none.fl_str_mv |
Revista de Gestão Ambiental e Sustentabilidade; v. 3 n. 2 (2014): Maio - Agosto; 16-38 2316-9834 reponame:Revista de Gestão Ambiental e Sustentabilidade - GeAS instname:Universidade Nove de Julho (UNINOVE) instacron:UNINOVE |
instname_str |
Universidade Nove de Julho (UNINOVE) |
instacron_str |
UNINOVE |
institution |
UNINOVE |
reponame_str |
Revista de Gestão Ambiental e Sustentabilidade - GeAS |
collection |
Revista de Gestão Ambiental e Sustentabilidade - GeAS |
repository.name.fl_str_mv |
Revista de Gestão Ambiental e Sustentabilidade - GeAS - Universidade Nove de Julho (UNINOVE) |
repository.mail.fl_str_mv |
||journalgeas@gmail.com |
_version_ |
1800217233479172096 |