Corporate Environmental Management: Regulatory and Market-Based Incentives

The corporate approach to environmental protection has been evolving from a regulation-driven reactive mode to a more proactive approach involving voluntarily adopted management systems that integrate environmental concerns with traditional managerial functions. Several hypotheses about the factors...

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Veröffentlicht in:Land economics 2002-11, Vol.78 (4), p.539-558
Hauptverfasser: Khanna, Madhu, William Rose Q. Anton
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container_title Land economics
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William Rose Q. Anton
description The corporate approach to environmental protection has been evolving from a regulation-driven reactive mode to a more proactive approach involving voluntarily adopted management systems that integrate environmental concerns with traditional managerial functions. Several hypotheses about the factors explaining the diversity in the environmental management systems adopted by firms are tested using survey data for a sample of S&P 500 firms. The analysis shows that the threat of environmental liabilities, high costs of compliance, market pressures, and public pressures on firms with high on-site toxic emissions per unit output create incentives for adopting a more comprehensive environmental management system.
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source EBSCOhost Business Source Complete; Jstor Complete Legacy
subjects Business structures
Compliance costs
Corporate planning
Economic regulation
Economics
Emissions regulations
Enterprises
Environment
Environmental management
Environmental management systems
Environmental protection
Environmental regulation
Green businesses
Green economics
Land economics
Market
Polls & surveys
Pollution control
Regulation
Studies
U.S.A
title Corporate Environmental Management: Regulatory and Market-Based Incentives
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