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Voluntary development of environmental management systems: motivations and regulatory implications

  • Toshihiro Uchida

    ()

  • Paul Ferraro

    ()

Encouraging firms to develop voluntarily more comprehensive environmental management systems (EMSs) is touted as a policy tool to augment mandatory environmental regulations. Using a unique dataset of environmental management practices of Japanese manufacturers and controlling for self-selection bias in survey responses, we find that proxies for regulatory pressures and consumer pressures are the most important factors that motivate firms toward more comprehensive EMSs. Despite the oft-claimed “voluntary” nature of EMS development, our results show that the government may have a role to play in both directly and indirectly affecting EMS development by firms. Copyright Springer Science+Business Media, LLC 2007

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File URL: http://hdl.handle.net/10.1007/s11149-006-9016-6
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Article provided by Springer in its journal Journal of Regulatory Economics.

Volume (Year): 32 (2007)
Issue (Month): 1 (August)
Pages: 37-65

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Handle: RePEc:kap:regeco:v:32:y:2007:i:1:p:37-65
Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100298

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