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Corporate Environmental Strategies For Balancing Profitability With Environmental Stewardship, Stephen I. Carmer
Corporate Environmental Strategies For Balancing Profitability With Environmental Stewardship, Stephen I. Carmer
Walden Dissertations and Doctoral Studies
In the United States, citizens concerned with climate change and income inequity scrutinize the activities of corporations. Sustainability and corporate social responsibility (CSR) have a critical role in business management, because stakeholders demand transparency in a company's operations. This correlation study, grounded in stakeholder theory, examined the relationship between environmental initiatives, CSR, and net profit for U.S. corporations. Participants included 96 companies with listing on either National Association of Securities Dealers Automated Quotations, or the New York Stock Exchange, or both, with and without evidence of CSR and environmental disclosures. The multiple regression analysis significantly predicted higher net profit for …