Perceptions of and Responses to Environmental Economic Incentive Programs: An Industry Comparison for Small and Medium-Sized Companies
Abstract
State and federal regulators have turned to economic incentives, such as toxic use fees, as a means of encouraging pollution prevention. This paper examines ho>r regulatory policies can influence environmental policy of small to medium sized firms in two particular industries. Environmental managers were surveyed in order to describe responses to and perceptions of the various types of regulatory policies that can be used to help eliminate or control toxic emissions. Not surprisingly, firms are most concerned with compliance with traditional command and control regulations. However, these businesses also indicated that some economic incentive programs would provide motivation to reduce toxic emissions. Implications for small and medium-sized operations are discussed.
References
Adler, J. (1996). Markets don't fail; We fail to have markets. The Environmental Forum. 13. 30-31.
Berry, M. & Rondinelli, D. (1998). Proactive corporate environmental management: A new industrial revolution. Academy of Management Executive. 12, 38-50.
Browner, C. (1993, Fall). Of green lights and golden carrots. Directors and Boards, 28-29.
Ditz, D., Ranganathan, J. & Banks, R. (Eds.). (1995). Green ledgers: Case studies in corporate environmental accounting. Washington, DC: World Resources Institute.
General Accounting Office. (1992). Environmental protection issues. Washington DC: U.S. Government Printing Office.
Hahn, R. ( 1989). Economic prescriptions for environmental problems: How the patient followed the doctor's orders. Journal of Economic Perspectives. 2, 95-114.
Housman, R. (1996). The devil is in the exogenous variables. The Environmental Forum. 13. 32-33.
Government critics call for a change. ( 1993, Fall). Occupational Hazards, I 02.
Stewart, R. (1993). Environmental regulation and international competitiveness. The Yale Law Journal. 102. 2039-2142.
Westin, R. A. ( 1993). Understanding environmental taxes. Tax Lawyer. 46, 327-361.