ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]

This study aims to investigate the relationship between ISO 14001 certification and financial performance and to ascertain whether the ISO 14001 accreditation has improved the financial performance of a sample of Malaysian publicly listed companies. ISO 14001, which is the most recognized framework...

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Main Authors: Ong, Tze San, Teh, Boon Heng, Goh, Han Hwa, Thai, Siew Bee
Format: Article
Language:English
Published: Penerbit UiTM (UiTM Press) 2015
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/16109/
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author Ong, Tze San
Teh, Boon Heng
Goh, Han Hwa
Thai, Siew Bee
author_facet Ong, Tze San
Teh, Boon Heng
Goh, Han Hwa
Thai, Siew Bee
author_sort Ong, Tze San
building UiTM Institutional Repository
collection Online Access
description This study aims to investigate the relationship between ISO 14001 certification and financial performance and to ascertain whether the ISO 14001 accreditation has improved the financial performance of a sample of Malaysian publicly listed companies. ISO 14001, which is the most recognized framework for establishing environmental management, helps companies to account for the influence of their activities on the environment and to demonstrate sound environmental management. The linear regression analysis shows that firms with above-average performance have a greater tendency to pursue ISO 14001 accreditation. A significant relationship is also established between ISO 14001 certification and financial performance in the context of an emerging economy. The adoption of ISO 14001 benefits companies by enhancing their reputation and brand awareness on the one hand and increasing their sales and investor confidence on the other.
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spelling uitm-161092022-07-05T06:00:01Z https://ir.uitm.edu.my/id/eprint/16109/ ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.] Ong, Tze San Teh, Boon Heng Goh, Han Hwa Thai, Siew Bee Management. Industrial Management Malaysia This study aims to investigate the relationship between ISO 14001 certification and financial performance and to ascertain whether the ISO 14001 accreditation has improved the financial performance of a sample of Malaysian publicly listed companies. ISO 14001, which is the most recognized framework for establishing environmental management, helps companies to account for the influence of their activities on the environment and to demonstrate sound environmental management. The linear regression analysis shows that firms with above-average performance have a greater tendency to pursue ISO 14001 accreditation. A significant relationship is also established between ISO 14001 certification and financial performance in the context of an emerging economy. The adoption of ISO 14001 benefits companies by enhancing their reputation and brand awareness on the one hand and increasing their sales and investor confidence on the other. Penerbit UiTM (UiTM Press) 2015-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/16109/1/AJ_ONG%20TZE%20SAN%20APMAA%2015.pdf Ong, Tze San and Teh, Boon Heng and Goh, Han Hwa and Thai, Siew Bee (2015) ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]. (2015) Asia-Pcific Management Accounting Journal <https://ir.uitm.edu.my/view/publication/Asia-Pcific_Management_Accounting_Journal.html>, 10 (2). pp. 58-77. ISSN 1675-3194 https://apmaj.uitm.edu.my/index.php/archive
spellingShingle Management. Industrial Management
Malaysia
Ong, Tze San
Teh, Boon Heng
Goh, Han Hwa
Thai, Siew Bee
ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]
title ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]
title_full ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]
title_fullStr ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]
title_full_unstemmed ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]
title_short ISO 14001 certification and financial performance of companies / Ong Tze San …[et al.]
title_sort iso 14001 certification and financial performance of companies / ong tze san …[et al.]
topic Management. Industrial Management
Malaysia
url https://ir.uitm.edu.my/id/eprint/16109/
https://ir.uitm.edu.my/id/eprint/16109/