There is a long history of self-regulation—governance of firm behavior by private entities—both in the United States and globally, and there is an equally long discussion of self-regulation within the literature. But there has been less attention to the role of self-regulation in spurring...

“Energy-Saving and Low-Carbon Action Implementation Plan for Ten Thousand Enterprises” urged the Chinese energy users to establish an energy management system(EEM) that emphasizes energy conservation and emission reduction. This study applied the voluntary information disclosure theory,...

Climate change is the biggest threat humankind is facing nowadays. More greenhouse gases (GHG) have been released into the atmosphere in the last 30 years than in the entire history of our planet, causing average temperatures to rise by about one degree Celsius thus far. If this continues, 50...

A carbon offset represents one unit of reduction in greenhouse gas emissions that can be used to compensate for emissions that occur elsewhere. Companies can purchase voluntary carbon offsets under two delivery terms. The first is prompt delivery, where a seller first undertakes the investment,...

Standard-setting organizations (SSOs) typically require their members to declare whether they hold standard-essential patents (SEPs) or disclose which SEPs they own, and to commit to licensing SEPs on “fair, reasonable and non-discriminatory” (FRAND) terms. The apparent vagueness of FRAND...

We investigate the role of sellers' commitment power in discouraging consumer search. Theoretically, lack of commitment power transforms sellers' search-deterring claims into cheap talk, eliminating sellers' ability to deter search in some market environments. However, our experiments show...