Corporate environmental performance evaluation: a cross-country appraisal

This study scrutinises cross-country neutral evaluation of corporate environmental performance (CEP) using a multidimensional model. The study compares Australian and Indian CEP measurement and tests a model to explore whether that model can be effectively implemented in both countries. The model consist of four managerial performance (MP) and two operational performance (OP) indicators. Factor analysis with varimax rotation along with ordinary least squares regression were untaken to analyse the relationship and individual contribution of PM and OP to CEP. Two models were confirmed using AMOS Version 18 software. Results indicated that environmental managerial performance and environmental operational performance are two separate constructs of CEP and are mutually dependent and that a single model could not be effectively implement in different cultural locations. The results also inferred that firm environmental management standing would be transformed to decent operational performance but a single model can not be effectively implemented different locations. Gathering insights into CEP in the cross-country context is the key contribution of the current study. Findings of the study will be helpful to business managers to develop an appropriate CEP model to reduce both cost and risk and thereby increase firm value and competitive advantage.