We use survey data to investigate the determinants of chemical firms’ registration for the ISO 14001 standard or the Responsible Care program. We show that most determinants are different for the two systems analyzed: while firm size, previous experience with similar standards, information disclosure requirements and customers’ location are major determinants of ISO 14001 standard registration, regulatory pressure, past environmental problems, and future risks are the main drivers of Responsible Care registration.
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Article provided by Economics Bulletin in its journal Economics Bulletin.
Find related papers by JEL classification: L5 - Industrial Organization - - Regulation and Industrial Policy L6 - Industrial Organization - - Industry Studies: Manufacturing
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