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Author:Heyes, A.
Liston-Heyes, C.
Title:Corporate lobbying, regulatory conduct and the Porter hypothesis
Journal:Environmental and Resource Economics
1999 : MAR, VOL. 13:2, p. 209-218
Index terms:REGULATIONS
ENVIRONMENTAL ECONOMICS
NATURAL RESOURCES
Language:eng
Abstract:Michael Porter, the influential Harvard management guru, has promoted the idea that compliance with stricter environmental regulations can afford "secondary" benefits to firms through improved product design, innovation, corporate morale and in other ways. Once these secondary benefits are factored, the net cost of compliance is argued to be lower than conventionally thought and may even be negative. Whilst environmental economists have rejected the "Porter Hypothesis" as being based on excessively optimistic expectations of the likely size of such secondary benefits the underlying ideas do enjoy significant credence in the business community.
SCIMA record nr: 194205
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