Environmental performance, political connection, and financial performance : evidence from global oil and gas companies

• Main Authors: Nur Farrahanie, Ahmad Tarmizi, Rayenda Khresna, Brahmana
• Format: Article
• Language: English
• Published: Springer Nature 2023
• Subjects: H Social Sciences (General)
• Online Access: http://ir.unimas.my/id/eprint/42812/3/Environment.pdf; http://ir.unimas.my/id/eprint/42812/; https://link.springer.com/article/10.1007/s11356-022-22881-5; https://doi.org/10.1007/s11356-022-22881-5
• Institution: Universiti Malaysia Sarawak

Based on the natural resource-based view theory, firms with improved environmental performance will have higher financial performance. Conversely, the neo-classical economic theory argues that improved environmental performance leads to lower financial performance. We argue that these contradicting...