Environmental Regulations and Corporate Strategy
A NAFTA Perspective
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Product details:
- Publisher OUP Oxford
- Date of Publication 19 August 1999
- ISBN 9780198295884
- Binding Hardback
- No. of pages272 pages
- Size 242x163x19 mm
- Weight 544 g
- Language English
- Illustrations 2 figures, numerous tables 0
Categories
Short description:
International agreements and environmental regulations are important constraints in today's business context. Analysing development and case studies within NAFTA (North American Free Trade Agreement), this book provides an invaluable guide for academics and managers approaching trade and environment regimes at a regional or a global level. The authors demonstrate how firms can develop strategies which utilize international trade and environment regimes to open up international markets.
MoreLong description:
For many firms, the opening-up of trade barriers meant unwelcome exposure to tough international competition. In order to protect themselves, many turned to local and national environmental regulations, forming coalitions which enabled them to force out their opponents, even though they were often contravening international environmental agreements in doing so. With the recent emergence of international trade and environment regimes wielding substantial powers, however, comes the opportunity for outward-facing and innovative firms to utilize these regimes and so challenge the discriminatory obstacles which have been becoming ever more common.
This adherence to environmental regulations has promoted a broad array of corporate strategies; a fact most visible in North America where firms are making use of the North American Free Trade Agreement (NAFTA). In Environmental Regulations and Corporate Strategy, the authors develop a model of complex institutional responsiveness and demonstrate how this can guide firms through this new era of opportunities for international regulatory capture. They apply the model within North America, identifying the implications for Europe and Asia. Their work is based on 300 confidential interviews with senior executives and officials in North American and European companies, national governments, and North American institutions, and analyses 24 cases of firms who have either benefited or suffered from involvement with international institutions.
a refreshing, multi-disciplinary study that highlights the importance of firms, governments and international institutions in the regional and global marketplace
Table of Contents:
Introduction
Part I: Economic and Corporate Strategy
The Analytic Framework of Capture
Corporate Strategy and Environmental Regulation: Corporate Strategy Perspectives
Corporate Strategy and Environmental Regulation: Baptist/Bootlegger Coalitions
r s5rt II: Complex Institutional Responsiveness: NAFTA's Political Experience
Trade and Environment Institutions: The NAFTA Regime
Environmental Institutions in Action: The CEC
Firm Responses to Trade and Environment Regulation
Part III: Case Studies of Complex Institutional Responsiveness
MMT and Investment Dispute Settlement
The Agriculture Disputes
Trade and Environment Regimes in Operation: The North American Auto Industry
Part IV: Conclusions
Implications for Firm Strategy and Public Policy
Bibliography
