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Environmental Shareholder Value Matrix. Konzeption, Anwendung und Berechnung

Author

Listed:
  • Frank Figge

    (School of Earth & Environment, University of Leeds)

  • Tobias Hahn

    (Institute for Futures Studies & Technology Assessment)

Abstract

Der Zusammenhang zwischen Umweltmanagement und Shareholder Value ist in den letzten Jahren Thema einer Vielzahl von Publikationen gewesen. Dass gutes Umweltmanagement grundsätzlich auch Shareholder Value schaffen kann, ist heute weitgehend unbestritten. Es wird allerdings auch deutlich, dass dies unter Praxisbedingungen häufig nicht gelingt. Hier setzt diese Studie an. Sie stellt mit der Environmental Shareholder Value Matrix ein neues Analysetool vor. Die Environmental Shareholder Value Matrix untersucht systematisch den Einfluss, den Umweltmanagementmaßnahmen auf die Werttreiber des Shareholder Value haben. Hierdurch wird deutlich, ob und wie das Umweltmanagement Shareholder Value schafft. Die Studie zeigt außerdem, wie der Beitrag des Umweltmanagements zum Shareholder Value berechnet werden kann. Hierbei wird eine neuartige Berechnungsweise vorgestellt. Diese neue Berechnungsweise erhöht die Transparenz der Berechnungund zeigt beispielsweise das maximal erzielbare Potenzial eines Umweltrisikomanagements auf.

Suggested Citation

  • Frank Figge & Tobias Hahn, 2004. "Environmental Shareholder Value Matrix. Konzeption, Anwendung und Berechnung," Others 0408009, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpot:0408009
    Note: Type of Document - pdf; pages: 22
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/othr/papers/0408/0408009.pdf
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    References listed on IDEAS

    as
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    7. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    8. Steele, Anthony, 1984. "Difference Equation Solutions to the Valuation of Lease Contracts," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 19(3), pages 311-328, September.
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    Cited by:

    1. Frank Figge & Tobias Hahn, 2004. "Value-oriented impact assessment: the economics of a new approach to impact assessment," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 47(6), pages 921-941.

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    More about this item

    Keywords

    Shareholder Value; Environmental Management; Environmental Shareholder Value;
    All these keywords.

    JEL classification:

    • P - Political Economy and Comparative Economic Systems
    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Z - Other Special Topics

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