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Beyond Compliance: Firms’ Environmental Behaviour. A Survey

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  • Rosetta Lombardo

    ()
    (Dipartimento di Economia e Statistica, Università della Calabria)

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    Abstract

    The relationship between firms and environment is complex. The impact that firms have on the environment include the use of primary resources to make products and the production of wastes and emissions. The impact of firms’ products on the environment, moreover, is not negligible. Environmental laws cannot, and should not, prescribe every decision taken by every business. Rather, consideration of environmental issues should be part of good business practice. Firms have, in fact, more than one reason for adopting environmentally responsible behaviour. This paper surveys the literature that analyze the circumstances under which firms can reconcile the apparently competing goals of increasing the expected value of their activity and internalizing external costs doing more than they are required to do under laws and regulations.

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    File URL: http://www.ecostat.unical.it/RePEc/WorkingPapers/WP18_2009.pdf
    File Function: First version, 2009-11
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    Bibliographic Info

    Paper provided by Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica) in its series Working Papers with number 200918.

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    Length: 22 pages
    Date of creation: Nov 2009
    Date of revision:
    Handle: RePEc:clb:wpaper:200918

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    Postal: Università della Calabria, Dipartimento di Economia, Statistica e Finanza, Ponte Pietro Bucci, Cubo 0/C, I-87036 Arcavacata di Rende, CS, Italy
    Phone: +39 0984 492413
    Fax: +39 0984 492421
    Web page: http://www.unical.it/portale/strutture/dipartimenti_240/disesf/
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    Keywords: Environment; externalities; social responsibility;

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    1. John W. Maxwell & Thomas P Lyon & Steven C.. Hackett, 1995. "Self-Regulation and Social Welfare: The Political Economy of Corporate Environmentalism," University of Chicago - George G. Stigler Center for Study of Economy and State 122, Chicago - Center for Study of Economy and State.
    2. Acemoglu, D. & Verdier, T., 1997. "The Choice between Market Failures and Corruption," DELTA Working Papers 97-06, DELTA (Ecole normale supérieure).
    3. Thomas P. Lyon & John W. Maxwell, 2007. "Corporate Social Responsibility and the Environment: A Theoretical Perspective," Working Papers 2007-16, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    4. Mark Bagnoli & Susan G. Watts, 2003. "Selling to Socially Responsible Consumers: Competition and The Private Provision of Public Goods," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(3), pages 419-445, 09.
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    6. Francis Weyzig, 2009. "Political and Economic Arguments for Corporate Social Responsibility: Analysis and a Proposition Regarding the CSR Agenda," Journal of Business Ethics, Springer, vol. 86(4), pages 417-428, June.
    7. Pursey Heugens & Nikolay Dentchev, 2007. "Taming Trojan Horses: Identifying and Mitigating Corporate Social Responsibility Risks," Journal of Business Ethics, Springer, vol. 75(2), pages 151-170, October.
    8. Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185, April.
    9. Shleifer, Andrei & Vishny, Robert W, 1994. "Politicians and Firms," The Quarterly Journal of Economics, MIT Press, vol. 109(4), pages 995-1025, November.
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    11. Cruz, Jose M., 2008. "Dynamics of supply chain networks with corporate social responsibility through integrated environmental decision-making," European Journal of Operational Research, Elsevier, vol. 184(3), pages 1005-1031, February.
    12. R. Brau & C. Carraro, 2004. "The economic analysis of voluntary approaches to environmental protection. A survey," Working Paper CRENoS 200420, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    13. Thomas P. Lyon & John W. Maxwell, 2007. "Public Voluntary Programs Reconsidered," Working Papers 2007-07, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    14. Alberto Cavaliere, 2000. "Overcompliance and Voluntary Agreements," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 17(2), pages 195-202, October.
    15. Bréchet, Thierry & Jouvet, Pierre-André, 2009. "Why environmental management may yield no-regret pollution abatement options," Ecological Economics, Elsevier, vol. 68(6), pages 1770-1777, April.
    16. P. P. M. A. R. Heugens & N. A. Dentchev, 2007. "Taming Trojan Horses: Identifying And Mitigating Corporate Social Responsibility Risks," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/434, Ghent University, Faculty of Economics and Business Administration.
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