Clean Production and Profitability: An Eco-Efficiency Analysis of Kenyan Manufacturing Firms

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dc.contributor.authorMarcyline, K.
dc.contributor.authorLokina, Razack B.
dc.date.accessioned2016-03-24T13:32:05Z
dc.date.available2016-03-24T13:32:05Z
dc.date.issued2012
dc.description.abstractThis study examines the linkage between the profitability of firms measured by return on assets (ROA) and environmental performance measured by eco-efficiency and also the impact of a good environmental management system (EMS) on profitability and eco-efficiency of firms. These environmental management practices were captured by the type of EMS a firm adopts that classified firms as either environmental leaders or environmental laggards. To achieve this panel data regression model with ROA as the dependent variable and eco-efficiency scores as the regressors was performed. The results suggest that there is a potential gain in the profitability of the firm by improving eco-efficiency in resource use. Furthermore, proactive firms are found to perform better than reactive firms in terms of profitability and eco-efficiency but firms that combine both proactive and reactive EMS perform even better, which shows the benefit of adopting commitment-based approaches alongside the compliance-based approaches to environmental management.en_US
dc.identifier.citationKamande, M.W. and Lokina, R.B., 2013. Clean Production and Profitability An Eco-efficiency Analysis of Kenyan Manufacturing Firms. The Journal of Environment & Development, 22(2), pp.169-185.en_US
dc.identifier.doi10.1177/1070496512471948
dc.identifier.urihttp://hdl.handle.net/123456789/1356
dc.language.isoenen_US
dc.publisherJournal of Environment and Developmenten_US
dc.subjecteco-efficiencyen_US
dc.subjectenvironmental management systemsen_US
dc.subjectreturn on assetsen_US
dc.titleClean Production and Profitability: An Eco-Efficiency Analysis of Kenyan Manufacturing Firmsen_US
dc.typeJournal Articleen_US
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