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Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

Stasio (p. 47-56)

Albert-Valette-Florence (p.57-63)

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JOURNAL OF LEADERSHIP, ACCOUNTABILITY AND ETHICS

The Relationship Between Equity Dependence and Environmental Performance

Author(s): Jason B. MacDonald, Matthew Maher

Citation: Jason B. MacDonald, Matthew Maher, (2013) "The Relationship Between Equity Dependence and Environmental Performance," Journal of Leadership, Accountability and Ethics, Vol. 10, Iss. 2, pp. 35 - 45

Article Type: Research paper

Publisher: North American Business Press

Abstract:

How does a corporation’s dependence on its shareholders affect the sustainability of its commitment to

environmental performance? Although the literature has investigated how the financial markets respond

to environmental and green initiatives, it has yet to examine the relationship between a firm’s

commitment to the environment and its dependence on the equity markets. In this research, we explore the

relationship between equity dependence and environmental performance and find equity dependence is

significantly related to corporations’ environmental concerns but not their environmental strengths.