Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Egg-timer session: Non-market based instruments Location: Auditorium H Session Chair: Fredrik Carlsson, University of Gothenburg | |
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Factors for CSR investment in environmental conflicts Universitat de les Illes Balears Environmental regulation often emerges from the interplay between corporate interests and environmental advocacy, each represented by lobbyists competing to shape policy. This study analyses the strategic interaction between the industry and an environmental group (EG) when there is a lobbying contest to influence regulatory policy and (1) the industry has two investment options to comply with regulatory standards -- ex-ante abatement, implemented prior to production, and Corporate Social Responsibility (CSR), which can be adjusted later--and can be interpreted as ex-post abatement and (2) the EG may supplement its lobbying activities with a direct campaign against the industry. Our findings reveal that under certain conditions, the option to invest in CSR diminishes the industry's incentives for ex-ante abatement (crowd-out effect) and explores the effects of the environmentalist's campaign on the industry's investment strategy. | |