Regulatory punishment for pollution violations is a mainstay of nearly every industrialized
nation's environmental policy. This article reviews the existing empirical evidence on the …

Without monitoring and enforcement, environmental laws are largely nonbinding guidance.
Although economists and philosophers have thought seriously about the broader public …

We study the asset market for pollutive plants. Firms divest pollutive plants in response to
environmental pressures. Buyers are firms facing weaker environmental pressures that have …

Despite the wealth of information concerning environmental awareness and the behavior of
firms, there is little empirical research on the awareness and behavior of firms in develo** …

We study how parent liability for subsidiaries' environmental cleanup costs affects industrial
pollution and production. Our empirical setting exploits a Supreme Court decision that …

There are increasing pressures being put on firms, from a number of different sources, such
as governmental regulation, community participation and market demand, to engage firms in …

This paper explores empirically the impact of enforcement efforts on environmental
compliance, focusing on the role of regulator reputation spillover effects. We find that, on the …

Abstract The US Environmental Protection Agency (EPA) uses a dynamic approach to
enforcing air pollution regulations, with repeat offenders subject to high fines and …

In this concise, engaging, and provocative work, Richard Porter introduces readers to the
economic tools that can be applied to problems involved in handling a diverse range of …

The imperative to enhance corporate environmental performance is not only pivotal for a
company's growth but also crucial for fulfilling societal responsibilities and protecting global …