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Beyond politics: Do directors with a political background make firms greener?



    () (Instituto de Empresa)


This study examines whether former politicians on corporate boards may be helpful for the implementation of green strategies. Following a resource-based view of the firm, we argue that directors with a political background can provide firms with resources and capabilities that are valuable for meeting communication and implementation challenges of creating an effective and substantive environmental management strategy. We also consider the possibility that appointments of politicians to the board are purely symbolic acts intended to enhance the public´s image, without any change in the environmental performance of the firm. We develop testable hypotheses for each of these ideas.

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  • Carl Kock, 2011. "Beyond politics: Do directors with a political background make firms greener?," Working Papers Economia de8-135-i, Instituto de Empresa, Area of Economic Environment.
  • Handle: RePEc:emp:wpaper:de8-135-i

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    References listed on IDEAS

    1. Barr, Nicholas, 1993. "Alternative Funding Resources for Higher Education," Economic Journal, Royal Economic Society, vol. 103(418), pages 718-728, May.
    2. Darby, Michael R & Karni, Edi, 1973. "Free Competition and the Optimal Amount of Fraud," Journal of Law and Economics, University of Chicago Press, vol. 16(1), pages 67-88, April.
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    Corporate governance;

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