Effects of ownership and financial performance on corporate environmental performance

This paper analyzes the effects of ownership structure on corporate environmental performance and examines the relationship between financial performance and environmental performance in a transition economy. Using an unbalanced panel of Czech firms from 1993 to 1998, we consider state ownership and contrast concentrated with diffuse forms of private ownership. Additionally, we investigate whether successful financial performance begets or undermines good environmental performance. Journal of Comparative Economics 34 (1) (2006) 111-129.