Environmental Performance, Environmental Risk and Risk Management
研究了美国污染行业企业的环境绩效、环境风险与风险管理之间的关系，发现环境绩效与环境风险负相关，且风险类型影响关系强度，但主动风险管理对环境绩效无显著贡献。
ABSTRACT Environmental performance, environmental risk and risk management are of contemporary interest, but to date there is limited evidence on their relationships. This paper is the first to provide detailed insights by adopting a content analysis approach and disaggregating firm‐level environmental risk into types related to regulations, operations and nature. For a sample of US firms in polluting sectors, descriptive findings show that the level of risk and the likelihood of active risk management differ in the type considered. Environmental performance, risk and the likelihood of risk management all differ across firms and industries. Multiple regressions reveal a negative association between environmental performance and environmental risk, the extent of which depends on the type of risk. Results hold when controlling for active risk management, which is not found to contribute significantly to environmental performance. Our findings have implications for public policy and suggest that linkages to environmental risk and risk management are worth exploring in more differential ways and beyond industry‐level assessments in environmental studies. Copyright © 2012 John Wiley & Sons, Ltd and ERP Environment.