Adoption of Pollution Prevention Techniques: The Role of Management Systems and Regulatory Pressures
This paper investigates the extent to which firm level technological change that reduces unregulated emissions is driven by regulatory pressures, and firms’ technological and organizational capabilities. Using a treatment effects model with panel data for a sample of S&P 500 firms over the perio...
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| Veröffentlicht in: | Environmental & resource economics 2009-09, Vol.44 (1), p.85-106 |
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| container_title | Environmental & resource economics |
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| creator | Khanna, Madhu Deltas, George Harrington, Donna Ramirez |
| description | This paper investigates the extent to which firm level technological change that reduces unregulated emissions is driven by regulatory pressures, and firms’ technological and organizational capabilities. Using a treatment effects model with panel data for a sample of S&P 500 firms over the period 1994–1996, we find that organizational change in the form of Total Quality Environmental Management leads firms to adopt pollution prevention practices, after controlling for the effects of various regulatory pressures and firm-specific characteristics. We find that the threat of anticipated regulations and the presence of ‘complementary assets’ is important for creating the incentives and an internal capacity to undertake incremental adoption of pollution prevention techniques. |
| doi_str_mv | 10.1007/s10640-009-9263-y |
| format | Article |
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Using a treatment effects model with panel data for a sample of S&P 500 firms over the period 1994–1996, we find that organizational change in the form of Total Quality Environmental Management leads firms to adopt pollution prevention practices, after controlling for the effects of various regulatory pressures and firm-specific characteristics. We find that the threat of anticipated regulations and the presence of ‘complementary assets’ is important for creating the incentives and an internal capacity to undertake incremental adoption of pollution prevention techniques.</description><subject>Carbon emissions</subject><subject>Case studies</subject><subject>Economic models</subject><subject>Economic Policy</subject><subject>Economic statistics</subject><subject>Economic theory</subject><subject>Economics</subject><subject>Economics and Finance</subject><subject>Emission standards</subject><subject>Enterprises</subject><subject>Environmental Economics</subject><subject>Environmental Law/Policy/Ecojustice</subject><subject>Environmental Management</subject><subject>Environmental regulations</subject><subject>Innovations</subject><subject>Manufacturing</subject><subject>O32</subject><subject>O38</subject><subject>Organizational change</subject><subject>Pollution</subject><subject>Pollution control</subject><subject>Pollution 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| identifier | ISSN: 0924-6460 |
| ispartof | Environmental & resource economics, 2009-09, Vol.44 (1), p.85-106 |
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| source | RePEc; Springer Nature - Complete Springer Journals |
| subjects | Carbon emissions Case studies Economic models Economic Policy Economic statistics Economic theory Economics Economics and Finance Emission standards Enterprises Environmental Economics Environmental Law/Policy/Ecojustice Environmental Management Environmental regulations Innovations Manufacturing O32 O38 Organizational change Pollution Pollution control Pollution prevention Prevention Productivity Quality management Social responsibility Studies Technological change Technology adoption Total quality Total Quality Management Toxic releases |
| title | Adoption of Pollution Prevention Techniques: The Role of Management Systems and Regulatory Pressures |
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