Estimation of Influence of Environmental Management Activities and Employment System of Machinery Manufacturers on Their Management

Abstract

The purpose of this paper is to investigate influences of firms' ″environmental management activities″ and ″employment system″ on their management. Japanese machinery manufacturing companies whose stocks are listed on stock exchange were taken as an example of typical firms with data availability. The first part of this study conducted statistical analysis with data of 51 machinery manufacturing companies related to ″sustainable management″; management, environment, and employment. The result showed positive relationship as well as consequences between disclosure of environmental information, flexible employment schemes, and corporate value. The second part conducted a series of interview survey on some of those 51 companies. It revealed companies that involved disclosure of environmental information and employment system were aware of such activities' positive effects on their corporate values.