Edited by Nick Johnstone
Chapter 7: Environmental Policy and Corporate Behaviour: Policy Conclusions
7. Environmental policy and corporate behaviour: policy conclusions Nick Johnstone Assessment of the eﬀectiveness of public environmental policy measures is dependent upon a good understanding of environmental management, investment and performance within ﬁrms and facilities. This book reports on the results of a three-year project coordinated by the OECD Environment Directorate and including over 20 researchers which has sought to assess public policy initiatives through the application of econometric techniques to a database of manufacturing facilities in seven OECD countries (Japan, France, Germany, Norway, Hungary, Canada and the United States). The data were collected via a postal survey, eliciting information on ﬁrm and facility characteristics (sector, size, market, and so on), environmental management systems, tools and practices, environmental investments, performance and innovation, and the public policy framework. The analysis of the results of a survey applying the same questionnaire across a wide spectrum of facilities (size, sector, country, and so on) is one of the signiﬁcant contributions of the project. There are, however, some weaknesses inherent in such an approach. Firstly, the use of a survey instrument to which responses are voluntary introduces potential bias in the sample, with weak environmental performers being under-represented. Secondly, those facilities that do respond may do so strategically, believing that their responses may have implications for future policy developments. Thirdly, since the data collected are a single cross-section, the dynamic relationships between diﬀerent variables are diﬃcult to assess. And ﬁnally, in order to ensure adequate response rates much of the...
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