Small error corrected below (left out name of Kolk co-author). Also to give a flavor for what is in the special issue, see the beginning of our introduction belwo
Firms, Regulatory Uncertainty, and the Natural Environment
Alfred Marcus
J. Alberto Aragon-Correa
Jonatan Pinkse
Despite the growth of voluntary corporate social responsibility programs, the market for virtue is still limited.1 In the final analysis, sustainability is a public, not a private goal. Corporations are likely to become more sustainable not just because of the voluntary activity they undertake; governments by their actions and inactions are likely to affect this development. This puts a great burden on the world's governments and their regulatory systems as well as on business decision makers. Since governments have created many different kinds of regulation and utilize many
different ways to regulate business impact on the natural environment, there are also many different ways in which corporations are able to respond to such regulation. Regulations shape the corporate environment and have a crucial effect on prices, factor costs, growth in demand, industry competitiveness, R&D progress, and the commercialization of new technologies. Many analysts have argued that without regulatory certainty, decision makers are unable to assess the risks and opportunities and make the trade-offs necessary for such investments.
On Thu, Dec 8, 2011 at 7:01 AM, Alfred Marcus
<ber612@gmail.com> wrote:
Publication is of major importance. Please download and read articles.
Vol. 54, No. 1, Fall 2011
Environmental Management and Regulatory Uncertainty
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Alfred A. Marcus
Professor and Spencer Chair in Strategy and Technological Leadership
University of Minnesota
Carlson School of Management
Strategic Management and Organization Department
Minneapolis, MN. 55455 USA
612 624 2812
amarcus@umn.edu
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Alfred A. Marcus
Professor and Spencer Chair in Strategy and Technological Leadership
University of Minnesota
Carlson School of Management
Strategic Management and Organization Department
Minneapolis, MN. 55455 USA
612 624 2812
amarcus@umn.edu