Non-mandatory Approaches to Environmental Protection

Non-mandatory Approaches to Environmental Protection
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DOI:
10.1111/1467-6419.00141
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发表时间:
2002-12
影响因子:
5.3
通讯作者:
M. Khanna
M. Khanna
中科院分区:
经济学2区
文献类型:
--
作者:
M. Khanna

文献摘要

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环境保护的方法已经从一种监管驱动的、对抗性的“政府推动”方法演变为一种更主动的方法,包括自愿的、通常是“企业主导的”倡议,以自我监管其环境绩效。与此同时,越来越多地提供关于公司和产品的环境信息,以争取市场力量和社区,通过表明它们对环境友好型公司的偏好,创造对公司环境自我管制的需求。本文概述了用于环境保护的非强制性方法,并调查了现有的理论文献,分析了这些方法相对于强制性方法的经济效率。本文还讨论了激励企业自我监管的因素及其对其经济和环境绩效的影响的实证研究结果。它审查了现有的证据,证明信息披露在多大程度上有效地促使投资者和社区向公司施加压力,以改善其环境绩效。版权所有2001年由布莱克威尔出版社有限公司
The approach to environmental protection has been evolving from a regulation-driven, adversarial "government-push" approach to a more proactive approach involving voluntary and often "business-led" initiatives to self-regulate their environmental performance. This has been accompanied by increasing provision of environmental information about firms and products to enlist market forces and communities in creating a demand for corporate environmental self-regulation by signaling their preferences for environmentally friendly firms. This paper provides an overview of the non-mandatory approaches being used for environmental protection and surveys the existing theoretical literature analyzing the economic efficiency of such approaches relative to mandatory approaches. It also discusses empirical findings on the factors motivating self-regulation by firms and its implications for their economic and environmental performance. It examines the existing evidence on the extent to which information disclosure is effective in generating pressures from investors and communities on firms to improve their environmental performance. Copyright 2001 by Blackwell Publishers Ltd