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The Voluntary Environmentalists - Green Clubs, ISO 14001, and Voluntary Environmental Regulations (Hardcover, New)
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The Voluntary Environmentalists - Green Clubs, ISO 14001, and Voluntary Environmental Regulations (Hardcover, New)
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Can businesses voluntarily adopt progressive environmental
policies? Most environmental regulations are based on the
assumption that the pursuit of profit leads firms to pollute the
environment, and therefore governments must impose mandatory
regulations. However, new instruments such as voluntary programs
are increasingly important. Drawing on the economic theory of club
goods, this book offers a theoretical account of voluntary
environmental programs by identifying the institutional features
that influence conditions under which programs can be effective. By
linking program efficacy to club design, it focuses attention on
collective action challenges faced by green clubs. Several analytic
techniques are used to investigate the adoption and efficacy of ISO
14001, the most widely recognized voluntary environmental program
in the world. These analyses show that, while the value of ISO
14001's brand reputation varies across policy and economic
contexts, on average ISO 14001 members pollute less and comply
better with governmental regulations.
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