Private politics and environmental management
Sonam Gupta and
Robert Innes ()
Journal of Environmental Economics and Management, 2014, vol. 68, issue 2, 319-339
Abstract:
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.
Keywords: Environmental management; Private politics; Boycotts; Proxy challenges; Corporate social responsibility (search for similar items in EconPapers)
JEL-codes: D70 Q53 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (16)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeeman:v:68:y:2014:i:2:p:319-339
DOI: 10.1016/j.jeem.2014.05.002
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Journal of Environmental Economics and Management is currently edited by M.A. Cole, A. Lange, D.J. Phaneuf, D. Popp, M.J. Roberts, M.D. Smith, C. Timmins, Q. Weninger and A.J. Yates
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