Environmental Management System Adoption and the Operational Performance of Firm in the Textile and Apparel Industry of China
文献类型：期刊论文
| 作者 | Li, Biao1; Wu, Kekun1,2 |
| 刊名 | SUSTAINABILITY
 |
| 出版日期 | 2017-06-01 |
| 卷号 | 9期号:6页码:11 |
| 关键词 | social sustainable performance operations event study textile and apparel industry |
| ISSN号 | 2071-1050 |
| DOI | 10.3390/su9060992 |
| 英文摘要 | In China, more firms in the textile and apparel industry adopt environmental management systems compared to firms that manufacture other products. It is important to know how the firms' financial and real performances are affected. We study the changes of firms' performance in profitability, sales, and operational efficiency after environmental management system (EMS) adoption using an event study. Based on 22 events of EMS adoption, we found a significant decrease in firms' profitability, sales, and inventory productivity. We explore the reasons which led to the decrease in firm performances. We found that the increase in sample firms' total assets is the major reason. The loss in operational efficiency and flexibility are due to the requirements of the EMS. |
| 资助项目 | Fundamental Research Funds for the Central Universities ; Innovative Research Team Project: Financial Risk Management ; Zhongnan University of Economics and Law[31541310516] ; Zhongnan University of Economics and Law[31541410505] |
| WOS研究方向 | Environmental Sciences & Ecology |
| 语种 | 英语 |
| WOS记录号 | WOS:000404133200123 |
| 出版者 | MDPI AG |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/25898]  |
| 专题 | 中国科学院数学与系统科学研究院 |
| 通讯作者 | Wu, Kekun |
| 作者单位 | 1.Zhongnan Univ Econ & Law, Sch Finance, MBA Sch, 182 Nanhu Ave, Wuhan 430073, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, 55 Zhongguancun East Rd, Beijing 100190, Peoples R China |
| 推荐引用方式 GB/T 7714 | Li, Biao,Wu, Kekun. Environmental Management System Adoption and the Operational Performance of Firm in the Textile and Apparel Industry of China[J]. SUSTAINABILITY,2017,9(6):11. |
| APA | Li, Biao,&Wu, Kekun.(2017).Environmental Management System Adoption and the Operational Performance of Firm in the Textile and Apparel Industry of China.SUSTAINABILITY,9(6),11. |
| MLA | Li, Biao,et al."Environmental Management System Adoption and the Operational Performance of Firm in the Textile and Apparel Industry of China".SUSTAINABILITY 9.6(2017):11. |
入库方式： OAI收割
来源：数学与系统科学研究院
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