Shades of Green: Business, Regulation, and EnvironmentStanford Law and Politics, 2003 - 210 pages In humankind's struggle to prevent further deterioration of its natural environment, the capitalist business corporation - typically thought of as a major source of that degradation - holds one of the keys to success. Yet current-day corporations are different shades of green, varying considerably in environmental performance. They range from environmental laggards who fail to meet even minimal standards to environmental leaders who go substantially beyond compliance with legal standards, with the large majority located at some point between these two poles. This in-depth study of fourteen pulp manufacturing mills in the United States, Canada, Australia, and New Zealand provides the most extensive and systematic empirical examination, to date, of the reasons firms achieve the levels of environmental performance that they do. Industrial point-source pollution, which has been regulated for ever threee decades, was an obvious focus for the research. The pulp and paper industry sector was chosen for study because, in every nation, pulp and paper mills, which historically have been sources of extremely serious water pollution and offensive fumes, have been at or near the top of the environmental agenda. Consequently, many firms have been compelled or induced to develop complex systems of internal regulation, facilitating the study of intercompany differences in environmental management abnd their relationship to environmental performance. |
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Page 36
... license encapsulates the extent to which various stakeholders can bestow or withdraw privileges from a company . It emphasizes that business is depend- ent upon , and has a direct relationship with , the various economic , regula- tory ...
... license encapsulates the extent to which various stakeholders can bestow or withdraw privileges from a company . It emphasizes that business is depend- ent upon , and has a direct relationship with , the various economic , regula- tory ...
Page 61
... economic license imposes limits on how much firms can spend on innovative beyond - compliance measures of the good citizenship variety that do not pay off in reduced costs or enhanced income . As interpreted by its enforcers— investors ...
... economic license imposes limits on how much firms can spend on innovative beyond - compliance measures of the good citizenship variety that do not pay off in reduced costs or enhanced income . As interpreted by its enforcers— investors ...
Page 67
... Economic License Based on our research , the economic license strand of pulp mills ' li- cense to operate has been somewhat complicated . First , notwithstanding fi- nancial analysts ' emphasis on near - term corporate earnings and ...
... Economic License Based on our research , the economic license strand of pulp mills ' li- cense to operate has been somewhat complicated . First , notwithstanding fi- nancial analysts ' emphasis on near - term corporate earnings and ...
Contents
The License to Operate and Corporate Environmental | 41 |
The License to Operate and Interfirm Differences | 75 |
Environmental Management Style and Corporate | 95 |
Copyright | |
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achieved analysis AOX discharges AOX emissions attitudes average BC2corp beyond-compliance measures bleaching bleaching chemicals BOD and TSS British Columbia chlorine dioxide chlorine-free Committed Compliers companies concerns corporate environmental performance correlation costs demands dioxin economic license effluent enforcement envi environ environmental activists environmental management style Environmental Management Systems environmental policies Environmental Regulation Environmental Strategists example external facilities firm's firms green Greenpeace impact innovative investment laggards license to operate ment mental management mill effluent mill managers mill-level mill's nomic paper industry percent permit limits production profit pulp and paper pulp mills reduce regulatory license regulatory permits regulatory regimes regulatory requirements relationship Reluctant Complier reputation response risk ronmental performance sample significant social license pressures standards strategy substantial tion Toxic Release Inventory True Believers U.S. EPA U.S. mills United vironmental wastewater water pollution win-win Zealand