Author: | Dooley, R. S. Fryxell, G. E. |
Title: | Are conglomerates less environmentally responsible? An empirical examination of diversification strategy and subsidiary pollution in the U.S. chemical industry |
Journal: | Journal of Business Ethics
1999 : AUG, VOL. 21:1, p. 1-14 |
Index terms: | BUSINESS ETHICS CORPORATE RESPONSIBILITY DIVERSIFICATION SUBSIDIARY COMPANIES POLLUTION |
Language: | eng |
Abstract: | The subsidiaries of conglomerates were found to exhibit higher pollution levels for direct emissions than those of firms pursuing more related diversification strategies. The subsidiaries of conglomerates exhibited more variance in overall pollution emissions compared to related diversified firms. |
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