By Thomas P. Lyon
Drawing on earlier paintings on company environmentalism, Thomas Lyon and John Maxwell argue that company environmentalism is the results of companies trying to expect public coverage adjustments and impression the legislative technique of their top pursuits. featuring a basic framework that highlights the hyperlinks among company environmentalism and public coverage, they use analytical instruments of confident political economic climate and video game idea to supply insights into company method and the results of company and govt rules on total social welfare.
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Extra resources for Corporate Environmentalism and Public Policy
Regardless of whether the focus is on elections or the behavior of sitting legislatures, there is wide agreement that special interest groups wield important inﬂuence in the political process. A large literature has developed in recent years that opens up the “black box” of interest group politics to examine interest group strategies in detail. Grossman and Helpman (2001) provide a rigorous approach to these issues, with two main emphases: (1) the role of lobbying in providing information, and (2) the role of campaign contributions in inﬂuencing legislative behavior.
Our goal in this chapter is to highlight some of the most inﬂuential political economic models of legislative and regulatory behavior, and to explain the various models we have chosen to use for the study of corporate environmental strategy. This will prepare the reader for the analytical approach we will take in subsequent chapters. 2 COMPANIES AND MARKETS Business ﬁrms vary widely in size, structure, and success. Nevertheless, economists have made enormous progress in understanding business behavior by using the simplifying assumption that companies maximize profits.
Because the regulation applied to all automobiles sold in Germany, it was labeled a barrier to trade and quickly became a European issue. While the EU Commission deliberated, the German government, with the backing of its automakers, adopted fuel emission standards that essentially dictated the use of the three-way catalytic converter technology. 10 The use of corporate voluntarism to inﬂuence the stringency of future regulations is explored in chapter 4. 3 NON-POLITICAL THEORIES OF CORPORATE ENVIRONMENTALISM Corporate environmental initiatives have been attributed to a variety of different motives, including cost-cutting and marketing to “green” consumers willing to pay extra for environmentally friendly products, as well as optimizing regulatory strategy.