Changing corporate attitudes towards environmental policy
نویسندگان
چکیده
منابع مشابه
CORPORATE ENVIRONMENTAL MANAGEMENT AND PUBLIC POLICY: BRIDGING THE GAP by
Environmental policies have brought dramatic improvements in air and water quality in the United States over the past 25 years, but further expansion of command-and-control regulations is likely to have diminishing marginal returns. Since the early 1990s corporations have taken new initiatives in managing their environmental impacts in ways that reduce their costs, increase their efficiency, lo...
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We study three corporate non-market strategies designed to in‡uence the lobbying behavior of other special interest groups concerning environmental and/or health and safety issues: 1) “astroturf,” in which the ...rm covertly subsidizes a group with similar views to lobby when it normally would not, 2) the “bearhug,” in which the ...rm overtly subsidizes the lobbying activities of another intere...
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We examine the value consequences of corporate social responsibility through the lens of institutional shareholders. We find a sharp asymmetry between corporate policies that mitigate the firm’s exposure to environmental risk and those that enhance its perceived environmental friendliness (“greenness”). Institutional investors shun stocks with high environmental risk exposure, which we show hav...
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ژورنال
عنوان ژورنال: Management of Environmental Quality: An International Journal
سال: 2005
ISSN: 1477-7835
DOI: 10.1108/14777830510614349