Environmental Management and Profitability

More about the book

The study investigates the relationship between environmental management and profitability, addressing the lack of empirical evidence in this area. By analyzing data from ten industries in South Africa, it employs confirmatory factor analysis and path analysis to support the hypothesis that effective environmental management enhances competitive advantage. The findings emphasize the importance of minimizing natural resource consumption as a key aspect of environmental strategies. This research is valuable for executives, economists, engineers, and students in statistics.