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| Author: | King, A. Lenox, M. |
| Title: | Exploring the Locus of Profitable Pollution Reduction |
| Journal: | Management Science
2002 : FEB, VOL. 48:2, p. 289-299 |
| Index terms: | POLLUTION CONTROL POLLUTION PROFITABILITY ANALYTICAL REVIEW |
| Language: | eng |
| Abstract: | In this paper, the authors explore the locus of profitable pollution reduction. The authors propose that managers underestimate the full value of some means of pollution reduction and so under exploit these means. Based on evidence from previous studies, the authors argue that waste prevention often provides unexpected innovation offsets, and that onsite waste treatment often provides unexpected cost. The authors use statistical methods to test the direction and significance of the relationship between the various means of pollution reduction and profitability. The authors find strong evidence that waste prevention leads to financial gain, but the authors find no evidence that firms profit from reducing pollution by other means. |
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