𝔖 Bobbio Scriptorium
✦   LIBER   ✦

What's in it for us? Or: the impact of environmental legislation on competitiveness

✍ Scribed by Emiel Wubben


Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
200 KB
Volume
8
Category
Article
ISSN
0964-4733

No coin nor oath required. For personal study only.

✦ Synopsis


The dispute on the impact of environmental legislation on international trade, national competitiveness, technological innovativeness and companies' profitability is as yet undecided. The predominant positions will be illustrated in the following meso/micro-study detailing the impact (European) environmental legislation has on the competitiveness of a large chemical company. This study draws important conclusions and outlines remarkable implications by employing an instrumental distinction between short-term costs/benefits and longer-term innovativeness. It can be argued persuasively that environmental legislation has created a rat race among the major players at the (longer-term) cost of smaller companies.