Emission tax and strategic environmental corporate social responsibility in a Cournot–Bertrand comparison
نویسندگان
چکیده
This study considers the strategic relations between emission tax and environmental corporate social responsibility (ECSR) in a Cournot–Bertrand comparison analyzes two different timings of games tax-then-ECSR (T game) an ECSR-then-tax (E game). We show that T game always yields higher than E irrespective competition modes, but lower ECSR under Cournot when marginal damage is high Bertrand competition. also compared with competition, (higher) (E) product substitutability low game. finally firms endogenously choose commitment substitutability.
منابع مشابه
Corporate Social Responsibility: Strategic Implications
In recent years, scholars and managers have devoted greater attention to the strategic implications of corporate social responsibility (CSR). Consistent with McWilliams and Siegel (2001), we define CSR as situations where the firm goes beyond compliance and engages in ‘actions that appear to further some social good, beyond the interests of the firm and that which is required by law’. However, ...
متن کاملCorporate Social Responsibility, Stocks Prices and Tax Policy
We model a capital market in which some proportion of investors get utility from owning firms that undertake spending on corporate social responsibility (CSR). We also assume different categories of firms: those with good CSR fundamentals and those with poor CSR fundamentals. We develop an equilibrium in which investors’ CSR considerations influence their financial portfolio decisions, influenc...
متن کاملSlovenian SMEs: From the Environmental Responsibility to Corporate Social Responsibility
Environmental and societal issues are emphasising the social role of enterprises, including all size classes, even the smallest ones, so-called micro enterprises. This paper reflects on Slovenian SMEs. These enterprises are confronting ever increasing and changing expectations, demands and claims for accountability not concerning only economic, but also environmental and social performance. Env...
متن کاملThe Case for Strategic Corporate Social Responsibility in Developing Countries
© 2007 Center for Business Ethics at Bentley College. Published by Blackwell Publishing, 350 Main Street, Malden, MA 02148, USA, and 9600 Garsington Road, Oxford OX4 2DQ, UK. Blackwell Publishing Inc M lden, USA ASR usiness and Society Review 0045-3609 © 2007 Ce ter f r Busin ss Ethics at Bentley College 11 Origi al Article U INES and SOCIETY REVIEW DIMA JAM LI The Case for Strategic Corporate ...
متن کاملStackelberg equilibrium in duopoly: strategic use of corporate social responsibility
This paper demonstrates that in a duopoly model with firms being concerned about profit as well as corporate social responsibility (CSR), the outcome of game may coincide with the Stackelberg outcome. We argue that owner of the firm may use CSR orientation as a strategy to become Stackelberg leader in the quantity competition game.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Energy Economics
سال: 2022
ISSN: ['1873-6181', '0140-9883']
DOI: https://doi.org/10.1016/j.eneco.2022.105846