Private politics and environmental management

被引:21
作者
Gupta, Sonam [1 ]
Innes, Robert [2 ]
机构
[1] IMPAQ Int, Philadelphia, PA USA
[2] Univ Calif Merced, Econ Dept & Cty Bank Chair, Merced, CA 95344 USA
关键词
Environmental management; Private politics; Boycotts; Proxy challenges; Corporate social responsibility; CORPORATE SOCIAL-RESPONSIBILITY; EMPIRICAL-ANALYSIS; STRATEGIC USE; ISO-14001; POLLUTION; INSTITUTIONS; PERFORMANCE; ECONOMICS; PRESSURE;
D O I
10.1016/j.jeem.2014.05.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study determinants and effects of two types of private political actions (PPAs) against S&P 500 companies: environmental boycotts and shareholder proxy proposals. We consider effects on the firms' adoption of environmental management systems (EMS) and the environmental protocol, ISO 14001. We find that PPAs have a significant impact on firms' environmental management decisions and, consistent with Baron (2009), that a company's likelihood of experiencing a PPA is higher if it is a "receptive target" that has a reputation for social responsibility. (C) 2014 Elsevier Inc. All rights reserved.
引用
收藏
页码:319 / 339
页数:21
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