The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom?
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 s...
| Main Authors: | , |
|---|---|
| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/983681600110061019/The-Energy-Management-Nexus-in-Firms-Which-Practices-Matter-How-Much-and-for-Whom http://hdl.handle.net/10986/34483 |
| id |
okr-10986-34483 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-344832022-09-20T00:10:59Z The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom? Grover, Arti Karplus, Valerie J. ENERGY MANAGEMENT PRACTICES FIRM PERFORMANCE ENERGY USE ENVIRONMENTAL IMPACT ENERGY INTENSITY 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 0) 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. 2020-09-17T21:36:56Z 2020-09-17T21:36:56Z 2020-09 Working Paper http://documents.worldbank.org/curated/en/983681600110061019/The-Energy-Management-Nexus-in-Firms-Which-Practices-Matter-How-Much-and-for-Whom http://hdl.handle.net/10986/34483 English Policy Research Working Paper;No. 9397 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ENERGY MANAGEMENT PRACTICES FIRM PERFORMANCE ENERGY USE ENVIRONMENTAL IMPACT ENERGY INTENSITY |
| spellingShingle |
ENERGY MANAGEMENT PRACTICES FIRM PERFORMANCE ENERGY USE ENVIRONMENTAL IMPACT ENERGY INTENSITY Grover, Arti Karplus, Valerie J. The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom? |
| relation |
Policy Research Working Paper;No. 9397 |
| description |
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 0) 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. |
| format |
Working Paper |
| author |
Grover, Arti Karplus, Valerie J. |
| author_facet |
Grover, Arti Karplus, Valerie J. |
| author_sort |
Grover, Arti |
| title |
The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom? |
| title_short |
The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom? |
| title_full |
The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom? |
| title_fullStr |
The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom? |
| title_full_unstemmed |
The Energy-Management Nexus in Firms : Which Practices Matter, How Much and for Whom? |
| title_sort |
energy-management nexus in firms : which practices matter, how much and for whom? |
| publisher |
World Bank, Washington, DC |
| publishDate |
2020 |
| url |
http://documents.worldbank.org/curated/en/983681600110061019/The-Energy-Management-Nexus-in-Firms-Which-Practices-Matter-How-Much-and-for-Whom http://hdl.handle.net/10986/34483 |
| _version_ |
1764480994495168512 |