Abstract

Environmental protection and sustainable management of companies are not only social responsibilities, but also essential requirements according to legal regulations. As the importance of environmental management increases, companies try to strategically respond to the relationship between environmental protection and business performance. The main results of this study are as follows. Among environmental management factors, CEO perception, market opportunity, government regulation, and social responsibility were found to have significant effects on strategic responses. Next, the effects of environmental management factors (CEO recognition, management competency, organizational culture, market opportunity, market pressure, government regulation, and social responsibility) on the practice level were all significant. Among environmental management levels, the impact of strategic response on environmental performance, strategic performance, and financial performance was found to be significant. Among the environmental management levels, the effect of the practice level on environmental performance, strategic performance, and financial performance was found to be significant. Finally, the conclusions and implications of this study, limitations of the study, and future research were suggested.

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