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Understanding Firms' Environmental Performance: Does News Matter?

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dc.contributor.authorMamingi, Nlandu
dc.contributor.authorDasgupta, Susmita
dc.contributor.authorLaplante, Benoit
dc.contributor.authorHong, Jong Ho
dc.date.accessioned2012-03-30T07:29:30Z
dc.date.available2012-03-30T07:29:30Z
dc.date.issued2008
dc.description.abstractThe empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and the other centered on the role of informal regulation that mainly emphasizes the role of communities and capital markets. In this report, we analyze the impact of environmental news in print media on firms' environmental performance. Using data from a survey of industrial facilities in the Republic of Korea, multivariate probit estimation results indicate that the publication of a firm's negative environmental news in print media and the firm's awareness of this publication may be as important predictors of a firm's environmental performance as other sources of pressure. This article thus reemphasizes the potentially important role of the public release of environmental information in influencing firms' environmental performance.en
dc.identifier.citationEnvironmental Economics and Policy Studies
dc.identifier.issn1432847X
dc.identifier.urihttps://hdl.handle.net/10986/4740
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectCorporate Culture
dc.subjectSocial Responsibility M140
dc.subjectPollution Control Adoption Costs
dc.subjectDistributional Effects
dc.subjectEmployment Effects Q520
dc.titleUnderstanding Firms' Environmental Performance: Does News Matter?en
dc.title.alternativeEnvironmental Economics and Policy Studiesen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum1204
okr.journal.nbpages67-79
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryKorea, Republic of
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=0992237&site=ehost-live
okr.relation.associatedurlhttp://www.springer.com/economics/environmental/journal/10018
okr.volume9
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