radtimes on Fri, 5 Oct 2001 22:19:50 +0200 (CEST)


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[Nettime-bold] Research Paper On Corporate Global Environmental Standards


Research Paper On Corporate Global Environmental Standards
Multinationals employing the lowest environmental standards possible in 
their overseas operations would be considered a bad investment by social 
investors. Those investors would be right on the money...deals with the 
empirical relationship between business success and the adoption of strong 
environmental standards by multinational corporations. It argues that 
successful companies have strong environmental policies, and that lax 
environmental regulations do not facilitate a healthy business climate over 
the long term..."The evidence from our analysis indicates that positive 
market valuation is associated with the adoption of a single stringent 
environmental standard around the world"..."it has the potential to 
meaningfully impact corporate business behavior and the regulatory schemes 
put into place by governments."....
Full Story:  http://www.socialfunds.com/news/article.cgi/article679.html 


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