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Purpose

– The purpose of this paper is to critically discuss the existing empirical findings of the corporate environmentalism-competitiveness investigations as well as their methodological and cognitive shortcomings.

Design/methodology/approach

– An examination of the literature was conducted to identify the most seminal and novel studies exploring the relationship between corporate environmentalism and competitiveness. A range of works were selected and their conceptual frameworks, variables and statistical design were obtained and analysed.

Findings

– Although existing studies tend to suggest that corporate environmentalism have a positive (or at least neutral) impact on competitiveness, more detailed and critical examination of these studies shows important methodological, cognitive and logical shortcomings, which challenge these findings.

Research limitations/implications

– It is not an exhaustive review of all the existing studies, but rather a selection of the most seminal studies which represent different approaches and methodologies applied as well as a variety of empirical findings.

Practical implications

– The study challenges the existing empirical findings arguing that corporate environmentalism positively affects a company's competitiveness. The present paper claims that the ultimate conclusion on the relationship can be determined after at least some of the most significant shortcomings are solved.

Originality/value

– The study is based on a broad investigation of existing studies, out of which the most seminal and original papers were selected. In addition, the paper offers suggestions for the future empirical investigations.

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