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Chief executive officers and voluntary environmental performance: Costa Rica's certification for sustainable tourism

  • Jorge Rivera

    ()

  • Peter Leon

    ()

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    This study evaluates whether the education, environmental expertise, and nationality of firms' chief executive officers (CEOs) are associated with greater participation and environmental performance in a voluntary environmental program implemented in a developing nation. Specifically, we collected data from the Certification for Sustainable Tourism (CST) program, a voluntary initiative aimed at promoting beyond-compliance environmental performance by hotels operating in Costa Rica. Our findings suggest that CEOs' level of formal education and environmental expertise appear to be significantly associated with higher corporate participation in voluntary programs and also with higher beyond-compliance environmental performance ratings. Contrary to conventional expectations, CEOs from industrialized countries (as opposed to developing countries) do not appear to show a statistically significant association with participation in the CST program and with higher beyond-compliance environmental performance. Copyright Springer Science + Business Media, Inc. 2005

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    File URL: http://hdl.handle.net/10.1007/s11077-005-6590-x
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    Article provided by Springer in its journal Policy Sciences.

    Volume (Year): 38 (2005)
    Issue (Month): 2 (September)
    Pages: 107-127

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    Handle: RePEc:kap:policy:v:38:y:2005:i:2:p:107-127
    Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=102982

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    1. V. Kerry Smith, 1995. "Does education induce people to improve the environment?," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 14(4), pages 599-604.
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    5. repec:cup:cbooks:9780521338257 is not listed on IDEAS
    6. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
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    8. Seema Arora & Timothy N. Cason, 1996. "Why Do Firms Volunteer to Exceed Environmental Regulations? Understanding Participation in EPA's 33/50 Program," Land Economics, University of Wisconsin Press, vol. 72(4), pages 413-432.
    9. Eric W. Welch & Allan Mazur & Stuart Bretschneider, 2000. "Voluntary behavior by electric utilities: Levels of adoption and contribution of the climate challenge program to the reduction of carbon dioxide," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 19(3), pages 407-425.
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