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In the past, corporate sustainability scholars advocated that, for many firms, environmental management could turn into a valuable capability conferring a competitive advantage. However, little attention has been paid to… Click to show full abstract
In the past, corporate sustainability scholars advocated that, for many firms, environmental management could turn into a valuable capability conferring a competitive advantage. However, little attention has been paid to the role of the industry context and its influence on the relationship between environmental management and organizational performance. In this study, we examine the effect on this relationship of three contextual variables: munificence, dynamism and complexity. Drawing on longitudinal data from 336 firms representing 30 industries, we find that munificence enhances the degree to which a firm can leverage its environmental management capabilities to improve environmental performance. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment
Journal Title: Business Strategy and The Environment
Year Published: 2018
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