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Environmental management and strategy in the face of regulatory intensity: radioactive contamination in the US steel industry

✍ Scribed by Bruce Wayne Clemens; Maria Papadakis


Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
100 KB
Volume
17
Category
Article
ISSN
0964-4733

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✦ Synopsis


Abstract

Recent business literature argues that several incentives drive firms to cooperate with government environmental regulators and regulation without pressure from the government. This study explores and tests such arguments using a metric called regulatory intensity. The study uses survey data from the radioactive scrap metal industry. The findings challenge the recent literature that ‘going green pays’. The study found that strong government actions (regulatory intensity) are related to firm cooperation. Firms seem to adopt cooperative strategies when coerced to do so by the government. Copyright © 2007 John Wiley & Sons, Ltd and ERP Environment.