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The Impact of Forest Certification on Firm Financial Performance in Canada and the U.S

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  • Kais Bouslah
  • Bouchra M’Zali
  • Marie-France Turcotte
  • Maher Kooli

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  • Kais Bouslah & Bouchra M’Zali & Marie-France Turcotte & Maher Kooli, 2010. "The Impact of Forest Certification on Firm Financial Performance in Canada and the U.S," Journal of Business Ethics, Springer, vol. 96(4), pages 551-572, November.
    • Handle: RePEc:kap:jbuset:v:96:y:2010:i:4:p:551-572
    DOI: 10.1007/s10551-010-0482-5
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    References listed on IDEAS

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    3. Ruihua Joy Jiang & Pratima Bansal, 2003. "Seeing the Need for ISO 14001," Journal of Management Studies, Wiley Blackwell, vol. 40(4), pages 1047-1067, June.
    4. James J. Cordeiro & Joseph Sarkis, 1997. "Environmental proactivism and firm performance: evidence from security analyst earnings forecasts," Business Strategy and the Environment, Wiley Blackwell, vol. 6(2), pages 104-114, May.
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    6. Loughran, Tim & Ritter, Jay R., 2000. "Uniformly least powerful tests of market efficiency," Journal of Financial Economics, Elsevier, vol. 55(3), pages 361-389, March.
    7. M. K. Haener & Martin K. Luckert, 1998. "Forest Certification: Economic Issues and Welfare Implications," Canadian Public Policy, University of Toronto Press, vol. 24(s2), pages 83-94, May.
    8. Barla, Philippe, 2007. "ISO 14001 certification and environmental performance in Quebec's pulp and paper industry," Journal of Environmental Economics and Management, Elsevier, vol. 53(3), pages 291-306, May.
    9. Hamilton James T., 1995. "Pollution as News: Media and Stock Market Reactions to the Toxics Release Inventory Data," Journal of Environmental Economics and Management, Elsevier, vol. 28(1), pages 98-113, January.
    10. Brav, Alon & Geczy, Christopher & Gompers, Paul A., 2000. "Is the abnormal return following equity issuances anomalous?," Journal of Financial Economics, Elsevier, vol. 56(2), pages 209-249, May.
    11. Fama, Eugene F. & French, Kenneth R., 1993. "Common risk factors in the returns on stocks and bonds," Journal of Financial Economics, Elsevier, vol. 33(1), pages 3-56, February.
    12. Ivar Kolstad, 2007. "Why Firms Should Not Always Maximize Profits," Journal of Business Ethics, Springer, vol. 76(2), pages 137-145, December.
    13. Robert D. Klassen & Curtis P. McLaughlin, 1996. "The Impact of Environmental Management on Firm Performance," Management Science, INFORMS, vol. 42(8), pages 1199-1214, August.
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    1. Falcone, Pasquale Marcello & Tani, Almona & Tartiu, Valentina Elena & Imbriani, Cesare, 2020. "Towards a sustainable forest-based bioeconomy in Italy: Findings from a SWOT analysis," Forest Policy and Economics, Elsevier, vol. 110(C).
    2. Jan Endrikat, 2016. "Market Reactions to Corporate Environmental Performance Related Events: A Meta-analytic Consolidation of the Empirical Evidence," Journal of Business Ethics, Springer, vol. 138(3), pages 535-548, October.
    3. Tingting Zhang & Shunbo Yao & Jinna Yu & Assem Abu Hatab & Zhen Liu, 2020. "Effects of China’s Collective Forestland Tenure Reform Policies on Forest Product Firm Values," Land, MDPI, vol. 9(4), pages 1-20, April.
    4. Cashore, Benjamin & Stone, Michael W., 2012. "Can legality verification rescue global forest governance?," Forest Policy and Economics, Elsevier, vol. 18(C), pages 13-22.
    5. Feng, Yunting & Lai, Kee-hung & Zhu, Qinghua, 2020. "Legitimacy in operations: How sustainability certification announcements by Chinese listed enterprises influence their market value?," International Journal of Production Economics, Elsevier, vol. 224(C).
    6. DeBoer, Jennifer & Panwar, Rajat & Kozak, Robert & Cashore, Benjamin, 2020. "Squaring the circle: Refining the competitiveness logic for the circular bioeconomy," Forest Policy and Economics, Elsevier, vol. 110(C).
    7. Pavel Castka & Charles J. Corbett, 2016. "Governance of Eco-Labels: Expert Opinion and Media Coverage," Journal of Business Ethics, Springer, vol. 135(2), pages 309-326, May.
    8. Giuliana Birindelli & Helen Chiappini, 2021. "Climate change policies: Good news or bad news for firms in the European Union?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 831-848, March.
    9. Frank J. Fabozzi & Peck Wah Ng & Diana E. Tunaru, 2021. "The impact of corporate social responsibility on corporate financial performance and credit ratings in Japan," Journal of Asset Management, Palgrave Macmillan, vol. 22(2), pages 79-95, March.
    10. Zubizarreta, Mikel & Arana-Landín, Germán & Wolff, Sarah & Egiluz, Ziortza, 2023. "Assessing the economic impacts of forest certification in Spain: A longitudinal study," Ecological Economics, Elsevier, vol. 204(PA).
    11. Dietz, Thomas & Biber-Freudenberger, Lisa & Deal, Laura & Börner, Jan, 2022. "Is private sustainability governance a myth? Evaluating major sustainability certifications in primary production: A mixed methods meta-study," Ecological Economics, Elsevier, vol. 201(C).
    12. Kanieski da Silva, Bruno & Boys, Kathryn A. & Cubbage, Frederick W., 2016. "Forest Stewardship Standards: Voluntary Governance As A Trade Facilitation Strategy?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236191, Agricultural and Applied Economics Association.
    13. Galati, Antonino & Gianguzzi, Giuseppe & Tinervia, Salvatore & Crescimanno, Maria & La Mela Veca, Donato Salvatore, 2017. "Motivations, adoption and impact of voluntary environmental certification in the Italian Forest based industry: The case of the FSC standard," Forest Policy and Economics, Elsevier, vol. 83(C), pages 169-176.
    14. Hannes Hofmann & Martin C. Schleper & Constantin Blome, 2018. "Conflict Minerals and Supply Chain Due Diligence: An Exploratory Study of Multi-tier Supply Chains," Journal of Business Ethics, Springer, vol. 147(1), pages 115-141, January.

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