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- Title
Corporate Environmental Management in Transition Economies: The Case of Central and Eastern Europe.
- Authors
García, Jorge H.; Bluffstone, Randy; Sterner, Thomas
- Abstract
We study the adoption of environmental management practices in the most polluting industrial sectors in Bulgaria, Hungary, Lithuania, Poland, Romania and Slovakia during the first years of transition from central planning to market economies. Despite the stickiness of long established managerial regimes, 51% of the firms in our sample adopted environmental plans and/or established environmental departments in the 1990-1998 period. Our bivariate analysis reveals that some of the most important forces behind adoption are environmental enforcement, export orientation and public disclosure of firm environmental performance.
- Subjects
CENTRAL Europe; EASTERN Europe; SOCIAL responsibility of business; ENVIRONMENTAL management; CORPORATE environmentalism; TRANSITION economies; CAPITALISM; CENTRAL economic planning; ENVIRONMENTAL protection planning; MULTIVARIATE analysis
- Publication
Finance a Uver: Czech Journal of Economics & Finance, 2009, Vol 59, Issue 5, p410
- ISSN
0015-1920
- Publication type
Article