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The Energy-Management Nexus in Firms : Which Practices Matter, how Much and for Whom ?

Authors: Arti Grover; Valerie J. Karplus;

The Energy-Management Nexus in Firms : Which Practices Matter, how Much and for Whom ?

Abstract

Management practices matter for firm performance. As energy is one input in firm production, management practices may interact with energy use. Using a comprehensive firm-level database covering 31 countries, this study documents the link between structured management practices, energy use, and firm performance. The paper reports several findings. First, although management is negatively correlated with energy expenditure, it bears a positive (or null) relationship with physical energy use, suggesting that management effort is directed toward saving costs but not reducing environmental impact. These results are primarily driven by the manufacturing sector. Second, among the structured management practices examined, those relating to target-setting are associated with reduced energy expenditure intensity. Third, generic management practices are correlated with greater discipline around energy management. Finally, while generic practices are correlated with stronger firm performance in manufacturing and services, energy-centric practices show a positive association only in services. Vast heterogeneity in adoption and outcomes suggests that targeted approaches to encourage energy management practices in firms may be more effective than uniform ones.

Subjects by Vocabulary

Microsoft Academic Graph classification: Energy management Energy intensity Energy (esotericism) Production (economics) Environmental impact assessment Business Reduced energy expenditure Nexus (standard) Industrial organization Management practices

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  • citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    2
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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Powered by OpenAIRE graph
Found an issue? Give us feedback
citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
2
Average
Average
Average
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