‪La RSE influence-t-elle le choix de localisation des firmes multinationales ? Le cas de l’environnement‪

Remi Bazillier, Sophie Hatte and Julien Vauday

Revue d'économie industrielle, 2014, vol. n° 148, issue 4, 383-409

Abstract: ?The goal of this paper is to study the influence of corporate environmental responsibility (CER) and national environmental standards on the location choices of the 600 biggest European firms. By using the environmental score provided by Vigeo, we are able to test the influence of the environmental performances of firms. We find a negative interaction effect between these environmental performances and national environmental regulations suggesting a substitution effect between CSR and national standards. This result is also valid when we study the determinants of number of employees by country. However, this effect is only observed for de facto environmental standards and not de jure standards. It suggests a possible strategic behaviour of firms, exploiting differences between formal regulations and their effective implementation.?

Keywords: Regulation; Social and Environmental Responsibility; Environment; Localization Decision; Multinational Company; Firms’ Heterogeneity (search for similar items in EconPapers)
Date: 2014
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