Is business performance related to the registration of quality and environmental-related standards?
Résumé
We investigate the relationship between French firms’ business performance and registration of quality (QS) and environmental-related standards (ES). Using a propensity score matching method, we found that QS/ES registered firms report higher sales. However, registration is not significantly related to firms’ profits and EBITDA. Our findings also point out the possible synergy between ES and QS, that is, when implemented together, quality and environmental-related standards are more likely to be related to higher sales, profits and EBITDA than when only one of these standards is implemented.
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