Beyond Compliance: Firms’ Environmental Behaviour. A Survey
AbstractThe 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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Bibliographic InfoPaper 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.
Length: 22 pages
Date of creation: Nov 2009
Date of revision:
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Environment; externalities; social responsibility;
Find related papers by JEL classification:
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D62 - Microeconomics - - Welfare Economics - - - Externalities
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