Setting its own standards and meeting those standards: voluntarism versus regulation in environmental reporting
✍ Scribed by Josephine Maltby
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 193 KB
- Volume
- 6
- Category
- Article
- ISSN
- 0964-4733
No coin nor oath required. For personal study only.
✦ Synopsis
It is often asserted that a voluntary approach to environmental issues is preferable to regulation. Supporters of voluntary environmental reporting claim that businesses will produce reports that meet the requirements of their stakeholders without the need for government intervention. This argument is currently being deployed in the UK to oppose the setting of mandatory reporting requirements. This present paper considers the use of stakeholder theory in support of the voluntary approach and evaluates the claim that businesses will choose to make adequate environmental disclosures. Alternatives to a voluntary regime are discussed. # 1997 by John Wiley & Sons, Ltd and ERP Environment.