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Modern management: good for the environment or just hot air?

Bloom, Nicholas, Genakos, Christos, Martin, Ralf and Sadun, Raffaella (2010) Modern management: good for the environment or just hot air? The Economic Journal, 120 (544). pp. 551-572. ISSN 0013-0133

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Identification Number: 10.1111/j.1468-0297.2010.02351.x

Abstract

We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly less energy intensive. This effect is quantitatively substantial: going from the 25th to the 75th percentile of management practices is associated with a 17.4% reduction in energy intensity. Better managed firms are also significantly more productive. These results suggest that management practices that are associated with improved productivity are also linked to lower greenhouse gas emissions.

Item Type: Article
Official URL: http://onlinelibrary.wiley.com/journal/10.1111/(IS...
Additional Information: © 2010 Wiley-Blackwell
Divisions: Centre for Economic Performance
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 11 Apr 2011 15:03
Last Modified: 20 Jun 2020 01:26
URI: http://eprints.lse.ac.uk/id/eprint/35296

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