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Seminar paper from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Würzburg, language: English, abstract: Changes in the business environment affect strategic decisions sustainably. The problem firms are facing is that due to the ongoing globalization and cross-linking of companies around the globe, strategic decisions are influenced by both our own environmental changes and those happening to business partners. Hence, decision making has become more complex over the last few decades. The business environment is affected by several factors. Ward et. al. (1995) identified four different variables: business costs, labor availability, market hostility and dynamism. In this paper the focus is on changing environmental regulations and their effects on corporate strategies. As Larsson et. al. (1996) showed legislative changes have a major effect on strategic decisions and can be decided before long. This makes legislative changes a general concern for change management. Moreover, environmental standards differ from country to country or at least from region to region. Environmental regulations have to be kept in mind if investment decisions are to be made. In this paper it will be discussed how environmental regulations affect company's strategies on the basis of Rugman's and Verbeke's framework. Before introducing this framework two frequently discussed effects in economic research will also be looked at to point out what variables influence companies' decisions concerning their strategic environmental decisions.
Ecological Management of Mining: Achieving Environmental Compliance is a study and comparison - global in scope - of current practices used by mining firms striving for ecological management. The author takes an integrated and interdisciplinary approach in addressing, analyzing and working towards solutions regarding the complex challenges posed by managing the environmental impacts of mining. The issues addressed range from the ecotoxicological effects of metal residues to the land use effects of mining and from socioeconomic impacts to environmental regulation. The goal of this book is to assist mining companies throughout the world to achieve environmental compliance and improve competitiveness in the context of growing environmental regulation and technological innovation. It is an essential book for the wide variety of professionals working on issues in mining. Like the book and the research itself, the audience is integrated and interdisciplinary including engineers, planners, ecologists, policy makers and economists. Features
International agreements and environmental regulations are important constraints in today's business context. By analyzing development and case studies within NAFTA (North American Free Trade Agreement), the authors demonstrate how firms can develop strategies which utilize international trade and environment regimes to open up international markets.
This Handbook discusses the main issues, research, and theory on business and the natural environment, and how they impact on different business functions and disciplines
Drawing on prior work on corporate environmentalism, Thomas Lyon and John Maxwell argue that corporate environmentalism is the result of firms attempting to anticipate public policy changes and influence the legislative process in their best interests. Presenting a general framework that highlights the links between corporate environmentalism and public policy, they use analytical tools of positive political economy and game theory to provide insights into corporate strategy and the effects of corporate and government policies on overall social welfare.
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Demonstrates how to increase the effectiveness of environmental regulation by adopting a strategic approach to regulatory planning, providing a theoretical model and two case studies.
This book adds to the environmental politics and policy literature by conducting a comprehensive investigation of business influence in agenda building and environmental policymaking in the United States over time. As part of this investigation, the author presents an analysis of six cases in which private firms were involved in disputes concerning pollution control and natural resource management. In addition to determining how much business interests influence environmental and natural resource policy, the book tests possible explanations for their level of success in shaping the government's agenda and policy. The study offers a general conceptual framework for analyzing the influence of corporate America over environmental policymaking. The research then explores how much firms have influenced Congress, the U.S. Environmental Protection Agency and certain natural resource agencies, and the courts on environmental and natural issues since the beginning of the environmental movement in 1970. No other study has examined the ability of business to influence environmental policy in all three branches of government and in such detail.
Protecting our environment has never been more important than it is today in the wake of climate change and the ever-increasing demand on natural resources due to the expanding world population. Environmental protection has been increasingly discussed by concerned citizen groups and politicians in the wake of unexpected environmental disasters that have occurred in recent years. The need to protect drinking water resources, control greenhouse gas emissions, and implement successful waste reduction practices will continue to gain visibility with growing social awareness. Environmental managers and leaders can all benefit from this comprehensive and strategic book which guides them through environmental regulatory requirements and methods that can be used to interpret the regulations, develop programs, and processes to ensure compliance. The book includes a Tool Kit containing resources that can assist a company in assessing and evaluating the strength of their environmental program, systems, and processes so that changes can be made before damages to the environment becomes a reality, and penalties are enforced.
This is the first book to provide a hard-headed economic view of the voluntary approaches to environmental issues, especially toxic chemicals, waste disposal and global warming, that have become prominent in recent years. Corporate environmental initiatives are seen as a tool for influencing the behaviour of environmental activists, legislators, and regulators, though they may have ancillary benefits such as attracting 'green' consumers or reducing costs. Equally, government voluntary programs are seen as a way to achieve modest environmental results when political resistance to mandatory policies is high. Rigorous analysis is illustrated with numerous case studies drawn from the US, Europe, and Japan, while technical details are relegated to appendices, and each chapter highlights implications for corporate strategy and public policy. Although rooted in economic theory, this book will appeal to business strategists and policy practitioners, as well as scholars and researchers.