Firms’ Environmental Performance : Does News Matter?

The empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and another centered on the role of informal regulation which mainly emphasizes the role of communities...

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Main Authors:	Mamingi, Nlandu, Dasgupta, Susmita, Laplante, Benoit, Hong, Jong Ho
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ADOPTION OF PROPANE AIR POLLUTION AIR POLLUTION REGULATION BETTER ENVIRONMENTAL PERFORMANCE BRICK MAKERS CAPITAL MARKETS CLEAN TECHNOLOGY COMMUNITY RIGHT TO KNOW ECOLOGICAL ECONOMICS ECONOMETRICS ECONOMICS ELASTICITIES EMISSION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENFORCEMENT ACTIVITIES ENVIRONMENTAL ENVIRONMENTAL AUTHORITIES ENVIRONMENTAL CHANGE ENVIRONMENTAL DEPARTMENT ENVIRONMENTAL ECONOMICS ENVIRONMENTAL GROUPS ENVIRONMENTAL INCIDENTS ENVIRONMENTAL INFORMATION ENVIRONMENTAL LAW ENVIRONMENTAL LAWS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROBLEMS ENVIRONMENTAL REGULATIONS ENVIRONMENTAL TRAINING ENVIRONMENTAL VIOLATIONS HAZARDOUS WASTE HAZARDOUS WASTE LAWSUITS INDUSTRIAL FACILITIES INDUSTRIAL POLLUTION INFORMAL REGULATION MEDIA PAPER INDUSTRY POLITICAL ECONOMY POLLUTION POLLUTION CONTROL POLLUTION CONTROL EQUIPMENT POLLUTION CONTROL LAWS POLLUTION REGULATION
Online Access:	http://documents.worldbank.org/curated/en/2006/04/6731235/firms-environmental-performance-news-matter http://hdl.handle.net/10986/8714

id	okr-10986-8714
recordtype	oai_dc
spelling	okr-10986-87142021-04-23T14:02:40Z Firms’ Environmental Performance : Does News Matter? Mamingi, Nlandu Dasgupta, Susmita Laplante, Benoit Hong, Jong Ho ADOPTION OF PROPANE AIR POLLUTION AIR POLLUTION REGULATION BETTER ENVIRONMENTAL PERFORMANCE BRICK MAKERS CAPITAL MARKETS CLEAN TECHNOLOGY COMMUNITY RIGHT TO KNOW ECOLOGICAL ECONOMICS ECONOMETRICS ECONOMICS ELASTICITIES EMISSION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENFORCEMENT ACTIVITIES ENVIRONMENTAL ENVIRONMENTAL AUTHORITIES ENVIRONMENTAL CHANGE ENVIRONMENTAL DEPARTMENT ENVIRONMENTAL ECONOMICS ENVIRONMENTAL GROUPS ENVIRONMENTAL INCIDENTS ENVIRONMENTAL INFORMATION ENVIRONMENTAL LAW ENVIRONMENTAL LAWS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROBLEMS ENVIRONMENTAL REGULATIONS ENVIRONMENTAL TRAINING ENVIRONMENTAL VIOLATIONS HAZARDOUS WASTE HAZARDOUS WASTE LAWSUITS INDUSTRIAL FACILITIES INDUSTRIAL POLLUTION INFORMAL REGULATION MEDIA PAPER INDUSTRY POLITICAL ECONOMY POLLUTION POLLUTION CONTROL POLLUTION CONTROL EQUIPMENT POLLUTION CONTROL LAWS POLLUTION REGULATION The empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and another centered on the role of informal regulation which mainly emphasizes the role of communities and capital markets. The authors analyze the impact of environmental news in print media on firms' environmental performance. Using data from a survey of industrial facilities in the Republic of Korea, probit estimation results indicate that the publication of environmental news in print media and the firm's awareness of this publication are important predictors of a firm's environmental performance, more so than environmental laws, regulations, and environmental training. This paper thus reemphasizes the key role of media in influencing firms' environmental performance. 2012-06-21T20:34:32Z 2012-06-21T20:34:32Z 2006-04 http://documents.worldbank.org/curated/en/2006/04/6731235/firms-environmental-performance-news-matter http://hdl.handle.net/10986/8714 English Policy Research Working Paper; No. 3888 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ADOPTION OF PROPANE AIR POLLUTION AIR POLLUTION REGULATION BETTER ENVIRONMENTAL PERFORMANCE BRICK MAKERS CAPITAL MARKETS CLEAN TECHNOLOGY COMMUNITY RIGHT TO KNOW ECOLOGICAL ECONOMICS ECONOMETRICS ECONOMICS ELASTICITIES EMISSION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENFORCEMENT ACTIVITIES ENVIRONMENTAL ENVIRONMENTAL AUTHORITIES ENVIRONMENTAL CHANGE ENVIRONMENTAL DEPARTMENT ENVIRONMENTAL ECONOMICS ENVIRONMENTAL GROUPS ENVIRONMENTAL INCIDENTS ENVIRONMENTAL INFORMATION ENVIRONMENTAL LAW ENVIRONMENTAL LAWS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROBLEMS ENVIRONMENTAL REGULATIONS ENVIRONMENTAL TRAINING ENVIRONMENTAL VIOLATIONS HAZARDOUS WASTE HAZARDOUS WASTE LAWSUITS INDUSTRIAL FACILITIES INDUSTRIAL POLLUTION INFORMAL REGULATION MEDIA PAPER INDUSTRY POLITICAL ECONOMY POLLUTION POLLUTION CONTROL POLLUTION CONTROL EQUIPMENT POLLUTION CONTROL LAWS POLLUTION REGULATION
spellingShingle	ADOPTION OF PROPANE AIR POLLUTION AIR POLLUTION REGULATION BETTER ENVIRONMENTAL PERFORMANCE BRICK MAKERS CAPITAL MARKETS CLEAN TECHNOLOGY COMMUNITY RIGHT TO KNOW ECOLOGICAL ECONOMICS ECONOMETRICS ECONOMICS ELASTICITIES EMISSION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENFORCEMENT ACTIVITIES ENVIRONMENTAL ENVIRONMENTAL AUTHORITIES ENVIRONMENTAL CHANGE ENVIRONMENTAL DEPARTMENT ENVIRONMENTAL ECONOMICS ENVIRONMENTAL GROUPS ENVIRONMENTAL INCIDENTS ENVIRONMENTAL INFORMATION ENVIRONMENTAL LAW ENVIRONMENTAL LAWS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROBLEMS ENVIRONMENTAL REGULATIONS ENVIRONMENTAL TRAINING ENVIRONMENTAL VIOLATIONS HAZARDOUS WASTE HAZARDOUS WASTE LAWSUITS INDUSTRIAL FACILITIES INDUSTRIAL POLLUTION INFORMAL REGULATION MEDIA PAPER INDUSTRY POLITICAL ECONOMY POLLUTION POLLUTION CONTROL POLLUTION CONTROL EQUIPMENT POLLUTION CONTROL LAWS POLLUTION REGULATION Mamingi, Nlandu Dasgupta, Susmita Laplante, Benoit Hong, Jong Ho Firms’ Environmental Performance : Does News Matter?
relation	Policy Research Working Paper; No. 3888
description	The empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and another centered on the role of informal regulation which mainly emphasizes the role of communities and capital markets. The authors analyze the impact of environmental news in print media on firms' environmental performance. Using data from a survey of industrial facilities in the Republic of Korea, probit estimation results indicate that the publication of environmental news in print media and the firm's awareness of this publication are important predictors of a firm's environmental performance, more so than environmental laws, regulations, and environmental training. This paper thus reemphasizes the key role of media in influencing firms' environmental performance.
format	Publications & Research :: Policy Research Working Paper
author	Mamingi, Nlandu Dasgupta, Susmita Laplante, Benoit Hong, Jong Ho
author_facet	Mamingi, Nlandu Dasgupta, Susmita Laplante, Benoit Hong, Jong Ho
author_sort	Mamingi, Nlandu
title	Firms’ Environmental Performance : Does News Matter?
title_short	Firms’ Environmental Performance : Does News Matter?
title_full	Firms’ Environmental Performance : Does News Matter?
title_fullStr	Firms’ Environmental Performance : Does News Matter?
title_full_unstemmed	Firms’ Environmental Performance : Does News Matter?
title_sort	firms’ environmental performance : does news matter?
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2006/04/6731235/firms-environmental-performance-news-matter http://hdl.handle.net/10986/8714
_version_	1764405845835120640

Firms’ Environmental Performance : Does News Matter?

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