84717 20230728141553.0 doi 10.3390/ijerph16162988 sideral 114034 ART-2019-114034 eng Cañón-De-Francia, Joaquín Universidad de Zaragoza (orcid)0000-0001-9122-2239 Factors and contingencies for the “it pays to be green hypothesis”. The european union’s emissions trading system (EU ETS) and financial crisis as contexts 2019 Access copy available to the general public Unrestricted This study provides empirical evidence related to the “it pays to be green” hypothesis. Based on information from panel data approximately 42 industrial companies during an 8-year period, we determine some of the factors and contingences that affect the fulfilment of that hypothesis. We find that a certain level of proactivity in environmental strategy design is one of the conditions that favors a positive relationship between environmental investment and financial performance. We also provide empirical evidence on how some external conditions affect this positive relationship, such as regulatory pressure from the European Union Emissions Trading System (EU ETS) and the financial crisis. info:eu-repo/grantAgreement/ES/DGA/CREVALOR info:eu-repo/grantAgreement/ES/MINECO/ECO2016-77-P info:eu-repo/grantAgreement/ES/MINECO/ECO2017-86305-C4-3-R info:eu-repo/semantics/openAccess by http://creativecommons.org/licenses/by/3.0/es/ 2.849 2019 PUBLIC, ENVIRONMENTAL & OCCUPATIONAL HEALTH 32 / 169 = 0.189 2019 Q1 T1 ENVIRONMENTAL SCIENCES 105 / 264 = 0.398 2019 Q2 T2 PUBLIC, ENVIRONMENTAL & OCCUPATIONAL HEALTH 58 / 193 = 0.301 2019 Q2 T1 0.739 2019 Health, Toxicology and Mutagenesis 2019 Q2 Public Health, Environmental and Occupational Health 2019 Q2 Pollution 2019 Q2 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Garcés-Ayerbe, Concepción Universidad de Zaragoza (orcid)0000-0003-4045-5918 4012 650 Universidad de Zaragoza Dpto. Direcc.Organiza.Empresas Área Organización de Empresas 16, 16 (2019), 2988 [15 pp.] Int. j. environ. res. public health International journal of environmental research and public health 1661-7827 341477 http://zaguan.unizar.es/record/84717/files/texto_completo.pdf Versión publicada 105663 http://zaguan.unizar.es/record/84717/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:84717 articulos driver 2023-07-28-11:56:08 ARTICLE