This study aims at understanding the role of prior environmental performance (EP) on a firm's resilience against an environmental controversy. In line with the natural resource-based view, high EP firms should develop environmental skills and reputation that foster resilience when facing such adverse events. Using an international dataset of 233 environmental controversies over the 2010-2016 period, we find clear evidence that prior high EP significantly helps firms recover more quickly from the shock. In a context of increasing pressure on environmental issues, this result uncovers new benefits of EP for firms confronted with an environmental controversy.

本研究旨在了解先前的环境绩效 (EP) 对公司抵御环境争议的能力的作用。与基于自然资源的观点一致，高 EP 公司应发展环境技能和声誉，以在面临此类不利事件时培养复原力。使用 2010 年至 2016 年期间 233 起环境争议的国际数据集，我们发现明确的证据表明先前的高 EP 显着帮助公司更快地从冲击中恢复。在环境问题压力越来越大的背景下，这一结果揭示了 EP 对面临环境争议的公司的新好处。