Firms’ Environmental Performance : Does News Matter?

Mamingi, Nlandu; Dasgupta, Susmita; Laplante, Benoit; Hong, Jong Ho

doi:10.1596/1813-9450-3888

collection.link.5	https://openknowledge.worldbank.org/handle/10986/9
collection.name.5	Policy Research Working Papers
dc.contributor.author	Mamingi, Nlandu
dc.contributor.author	Dasgupta, Susmita
dc.contributor.author	Laplante, Benoit
dc.contributor.author	Hong, Jong Ho
dc.date.accessioned	2012-06-21T20:34:32Z
dc.date.available	2012-06-21T20:34:32Z
dc.date.issued	2006-04
dc.date.lastModified	2021-04-23T14:02:40Z
dc.description.abstract	The 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 another centered on the role of informal regulation which mainly emphasizes the role of communities and capital markets. The authors 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, probit estimation results indicate that the publication of environmental news in print media and the firm's awareness of this publication are important predictors of a firm's environmental performance, more so than environmental laws, regulations, and environmental training. This paper thus reemphasizes the key role of media in influencing firms' environmental performance.	en
dc.identifier	http://documents.worldbank.org/curated/en/2006/04/6731235/firms-environmental-performance-news-matter
dc.identifier.uri	http://hdl.handle.net/10986/8714
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper; No. 3888
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ADOPTION OF PROPANE
dc.subject	AIR POLLUTION
dc.subject	AIR POLLUTION REGULATION
dc.subject	BETTER ENVIRONMENTAL PERFORMANCE
dc.subject	BRICK MAKERS
dc.subject	CAPITAL MARKETS
dc.subject	CLEAN TECHNOLOGY
dc.subject	COMMUNITY RIGHT TO KNOW
dc.subject	ECOLOGICAL ECONOMICS
dc.subject	ECONOMETRICS
dc.subject	ECONOMICS
dc.subject	ELASTICITIES
dc.subject	EMISSION
dc.subject	EMPIRICAL ANALYSIS
dc.subject	EMPIRICAL STUDIES
dc.subject	ENFORCEMENT ACTIVITIES
dc.subject	ENVIRONMENTAL
dc.subject	ENVIRONMENTAL AUTHORITIES
dc.subject	ENVIRONMENTAL CHANGE
dc.subject	ENVIRONMENTAL DEPARTMENT
dc.subject	ENVIRONMENTAL ECONOMICS
dc.subject	ENVIRONMENTAL GROUPS
dc.subject	ENVIRONMENTAL INCIDENTS
dc.subject	ENVIRONMENTAL INFORMATION
dc.subject	ENVIRONMENTAL LAW
dc.subject	ENVIRONMENTAL LAWS
dc.subject	ENVIRONMENTAL MANAGEMENT
dc.subject	ENVIRONMENTAL PERFORMANCE
dc.subject	ENVIRONMENTAL PROBLEMS
dc.subject	ENVIRONMENTAL REGULATIONS
dc.subject	ENVIRONMENTAL TRAINING
dc.subject	ENVIRONMENTAL VIOLATIONS
dc.subject	HAZARDOUS WASTE
dc.subject	HAZARDOUS WASTE LAWSUITS
dc.subject	INDUSTRIAL FACILITIES
dc.subject	INDUSTRIAL POLLUTION
dc.subject	INFORMAL REGULATION
dc.subject	MEDIA
dc.subject	PAPER INDUSTRY
dc.subject	POLITICAL ECONOMY
dc.subject	POLLUTION
dc.subject	POLLUTION CONTROL
dc.subject	POLLUTION CONTROL EQUIPMENT
dc.subject	POLLUTION CONTROL LAWS
dc.subject	POLLUTION REGULATION
dc.title	Firms’ Environmental Performance : Does News Matter?	en
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2006/04/6731235/firms-environmental-performance-news-matter
okr.globalpractice	Education
okr.globalpractice	Environment and Natural Resources
okr.googlescholar.linkpresent	yes
okr.identifier.doi	10.1596/1813-9450-3888
okr.identifier.externaldocumentum	000016406_20060417172424
okr.identifier.internaldocumentum	6731235
okr.identifier.report	WPS3888
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/04/17/000016406_20060417172424/Rendered/PDF/wps3888.pdf	en
okr.topic	Environment :: Environmental Governance
okr.topic	Environmental Economics and Policies
okr.topic	Environment :: Brown Issues and Health
okr.topic	Education :: Educational Technology and Distance Education
okr.topic	Environment :: Green Issues
okr.unit	Development Research Group (DECRG)
okr.volume	1 of 1

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Disclosure of Environmental Violations and the Stock Market in the Republic of Korea

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Understanding Firms' Environmental Performance: Does News Matter?

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