Self-Regulation and Regulatory Flexibility: Why Firms May be Reluctant to Signal Green
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Alison D. Morantz, 2009. "Has Devolution Injured American Workers? State and Federal Enforcement of Construction Safety," Journal of Law, Economics, and Organization, Oxford University Press, vol. 25(1), pages 183-210, May.
- Lyon,Thomas P. & Maxwell,John W., 2004.
"Corporate Environmentalism and Public Policy,"
Cambridge Books,
Cambridge University Press, number 9780521819473, December.
- Lyon,Thomas P. & Maxwell,John W., 2004. "Corporate Environmentalism and Public Policy," Cambridge Books, Cambridge University Press, number 9780521603768, December.
- Steven Shavell & A. Mitchell Polinsky, 2000.
"The Economic Theory of Public Enforcement of Law,"
Journal of Economic Literature, American Economic Association, vol. 38(1), pages 45-76, March.
- A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
- A. Myrick Freeman III, 2002. "Environmental Policy Since Earth Day I: What Have We Gained?," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 125-146, Winter.
- Santiago Guerrero & Robert Innes, 2013. "Self-Policing Statutes: Do They Reduce Pollution and Save Regulatory Costs?," Journal of Law, Economics, and Organization, Oxford University Press, vol. 29(3), pages 608-637, June.
- Heyes, Anthony & Rickman, Neil, 1999. "Regulatory dealing - revisiting the Harrington paradox," Journal of Public Economics, Elsevier, vol. 72(3), pages 361-378, June.
- Robert Falkner, 2003. "Private Environmental Governance and International Relations: Exploring the Links," Global Environmental Politics, MIT Press, vol. 3(2), pages 72-87, May.
- Maxwell, John W & Lyon, Thomas P & Hackett, Steven C, 2000.
"Self-Regulation and Social Welfare: The Political Economy of Corporate Environmentalism,"
Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 583-617, October.
- 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.
- Michael W. Toffel, 2008. "Coerced Confessions: Self-Policing in the Shadow of the Regulator," Journal of Law, Economics, and Organization, Oxford University Press, vol. 24(1), pages 45-71, May.
- Manzini, Paola & Mariotti, Marco, 2003. "A bargaining model of voluntary environmental agreements," Journal of Public Economics, Elsevier, vol. 87(12), pages 2725-2736, December.
- Decker, Christopher S, 2003. "Corporate Environmentalism and Environmental Statutory Permitting," Journal of Law and Economics, University of Chicago Press, vol. 46(1), pages 103-129, April.
- Anna Alberini & Kathleen Segerson, 2002. "Assessing Voluntary Programs to Improve Environmental Quality," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 157-184, June.
- Nicole Darnall & Joann Carmin, 2005. "Greener and cleaner? The signaling accuracy of U.S. voluntary environmental programs," Policy Sciences, Springer;Society of Policy Sciences, vol. 38(2), pages 71-90, September.
- Robert Innes & Abdoul G. Sam, 2008. "Voluntary Pollution Reductions and the Enforcement of Environmental Law: An Empirical Study of the 33/50 Program," Journal of Law and Economics, University of Chicago Press, vol. 51(2), pages 271-296, May.
- Heyes, Anthony G., 2005. "A signaling motive for self-regulation in the shadow of coercion," Journal of Economics and Business, Elsevier, vol. 57(3), pages 238-246.
- Deily, Mary E. & Gray, Wayne B., 1991.
"Enforcement of pollution regulations in a declining industry,"
Journal of Environmental Economics and Management, Elsevier, vol. 21(3), pages 260-274, November.
- Mary E. Deily & Wayne B. Gray, 1989. "Enforcement of pollution regulations in a declining industry," Working Papers (Old Series) 8912, Federal Reserve Bank of Cleveland.
- Joskow, Paul L & Schmalensee, Richard, 1998. "The Political Economy of Market-Based Environmental Policy: The U.S. Acid Rain Program," Journal of Law and Economics, University of Chicago Press, vol. 41(1), pages 37-83, April.
- Segerson, Kathleen & Miceli, Thomas J., 1998. "Voluntary Environmental Agreements: Good or Bad News for Environmental Protection?," Journal of Environmental Economics and Management, Elsevier, vol. 36(2), pages 109-130, September.
- Robert N. Stavins, 1998. "What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 69-88, Summer.
- Dallas Burtraw & Art Fraas & Nathan Richardson, 2011. "Policy Monitor--Greenhouse Gas Regulation under the Clean Air Act: A Guide for Economists," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(2), pages 293-313, Summer.
- Amihai Glazer & Henry McMillan, 1992. "Pricing by the Firm Under Regulatory Threat," The Quarterly Journal of Economics, Oxford University Press, vol. 107(3), pages 1089-1099.
- John Maxwell & Christopher Decker, 2006. "Voluntary Environmental Investment and Responsive Regulation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 33(4), pages 425-439, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Christian Langpap, 2015. "Voluntary agreements and private enforcement of environmental regulation," Journal of Regulatory Economics, Springer, vol. 47(1), pages 99-116, February.
- Pierre Fleckinger & Matthieu Glachant, 2009.
"La responsabilité sociale de l’entreprise et les accords volontaires sont-ils complémentaires ?,"
Économie et Prévision, Programme National Persée, vol. 190(4), pages 95-105.
- Pierre Fleckinger & Matthieu Glachant, 2009. "La responsabilité sociale de l'entreprise et les accords volontaires sont-ils complémentaires ?," Economie & Prévision, La Documentation Française, vol. 0(4), pages 95-105.
- Pierre Fleckinger & Matthieu Glachant, 2009. "La responsabilité sociale de l'entreprise et les accords volontaires sont-ils complémentaires ?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00447028, HAL.
- Pierre Fleckinger & Matthieu Glachant, 2009. "La responsabilité sociale de l'entreprise et les accords volontaires sont-ils complémentaires ?," Post-Print hal-00447028, HAL.
- Blackman, Allen & Guerrero, Santiago, 2012.
"What drives voluntary eco-certification in Mexico?,"
Journal of Comparative Economics, Elsevier, vol. 40(2), pages 256-268.
- Blackman, Allen & Guerrero, Santiago, 2010. "What Drives Voluntary Eco-Certification in Mexico?," Discussion Papers dp-10-26, Resources For the Future.
- Robert Innes & Abdoul G. Sam, 2008. "Voluntary Pollution Reductions and the Enforcement of Environmental Law: An Empirical Study of the 33/50 Program," Journal of Law and Economics, University of Chicago Press, vol. 51(2), pages 271-296, May.
- Fleckinger, Pierre & Glachant, Matthieu, 2011.
"Negotiating a voluntary agreement when firms self-regulate,"
Journal of Environmental Economics and Management, Elsevier, vol. 62(1), pages 41-52, July.
- Pierre Fleckinger & Matthieu Glachant, 2011. "Negotiating a Voluntary Agreement When Firms Self-Regulate," Post-Print hal-00529632, HAL.
- Pierre Fleckinger & Matthieu Glachant, 2011. "Negotiating a Voluntary Agreement When Firms Self-Regulate," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00529632, HAL.
- Thomas P. Lyon & John W. Maxwell, 2012. "Self-Regulation, Negotiated Agreements and Social Welfare," Working Papers 2012-11, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Markus Kitzmueller & Jay Shimshack, 2012. "Economic Perspectives on Corporate Social Responsibility," Journal of Economic Literature, American Economic Association, vol. 50(1), pages 51-84, March.
- Allen Blackman & Sarah Darley & Thomas P. Lyon & Kris Wernstedt, 2010.
"What Drives Participation in State Voluntary Cleanup Programs? Evidence from Oregon,"
Land Economics, University of Wisconsin Press, vol. 86(4), pages 785-799.
- Blackman, Allen & Lyon, Thomas P. & Wernstedt, Kris & Darley, Sarah, 2008. "What Drives Participation in State Voluntary Cleanup Programs? Evidence from Oregon," Discussion Papers dp-08-04, Resources For the Future.
- David Ervin & JunJie Wu & Madhu Khanna & Cody Jones & Teresa Wirkkala, 2013. "Motivations and Barriers to Corporate Environmental Management," Business Strategy and the Environment, Wiley Blackwell, vol. 22(6), pages 390-409, September.
- Glachant, Matthieu, 2007.
"Non-binding voluntary agreements,"
Journal of Environmental Economics and Management, Elsevier, vol. 54(1), pages 32-48, July.
- Matthieu Glachant, 2007. "Non-Binding Voluntary Agreements," Post-Print hal-00437769, HAL.
- Wu JunJie & Wirkkala Teresa M., 2009. "Firms' Motivations for Environmental Overcompliance," Review of Law & Economics, De Gruyter, vol. 5(1), pages 399-433, June.
- Lily Hsueh, 2019. "Voluntary climate action and credible regulatory threat: evidence from the carbon disclosure project," Journal of Regulatory Economics, Springer, vol. 56(2), pages 188-225, December.
- Jinji, Naoto, 2005. "Strategic Environmental and Trade Policies with Corporate Environmentalism," Discussion Papers 2004-10, Graduate School of Economics, Hitotsubashi University.
- Shanti Gamper-Rabindran & Stephen Finger, 2013. "Does industry self-regulation reduce pollution? Responsible Care in the chemical industry," Journal of Regulatory Economics, Springer, vol. 43(1), pages 1-30, January.
- 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.
- Huan Li & Neha Khanna & Martina Vidovic, 2018. "The effects of third party certification on voluntary self-regulation of accidents in the U.S. chemical industry," Journal of Regulatory Economics, Springer, vol. 53(3), pages 327-356, June.
- Takuro Miyamoto, 2016. "Why regulators adopt voluntary programs: a theoretical analysis of voluntary pollutant reduction programs," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 18(4), pages 599-623, October.
- Kathleen Segerson, 2013. "Voluntary Approaches to Environmental Protection and Resource Management," Annual Review of Resource Economics, Annual Reviews, vol. 5(1), pages 161-180, June.
- Toshihiro Uchida & Paul Ferraro, 2007. "Voluntary development of environmental management systems: motivations and regulatory implications," Journal of Regulatory Economics, Springer, vol. 32(1), pages 37-65, August.
- Daniel Matisoff, 2015. "Sources of specification errors in the assessment of voluntary environmental programs: understanding program impacts," Policy Sciences, Springer;Society of Policy Sciences, vol. 48(1), pages 109-126, March.
More about this item
Keywords
Self-Regulation; Regulatory Flexibility; Asymmetric Information; Private Governance;JEL classification:
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
- M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
- Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2014-12-29 (Business Economics)
- NEP-ENV-2014-12-29 (Environmental Economics)
- NEP-REG-2014-12-29 (Regulation)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iuk:wpaper:2014-11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rick Harbaugh). General contact details of provider: http://edirc.repec.org/data/dpiubus.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.