A broad literature has emerged over the past decades demonstrating that firms' environmental strategies and practices are influenced by stakeholders and institutional pressures. Such findings are consistent with institutional sociology, which emphasizes the importance of regulatory, normative...

Eco-labeling signals that a product has been eco-certified. While there is increasing use of eco-labeling practices, there is still little understanding of the conditions under which eco-labels can command price premiums. In this paper, we argue that the certification of environmental practices...

Over the past decade, state policies on renewable energy have been on the rise in the United States, providing states with various options for encouraging the generation of renewable electricity. Two promising policies, the Renewable Portfolio Standard (RPS) and the Mandatory Green Power Option...

A broad literature has emerged over the past decades demonstrating that firms’ environmental strategies and practices are influenced by stakeholders and institutional pressures. Such findings are consistent with institutional sociology, which emphasizes the importance of regulatory, normative...

This paper extends transaction costs economics to analyze relationships between firms and regulatory agencies. It compares the economic efficiency of firm-agency governance structures for dealing with pollution reduction. The transaction costs of three ideal type governance structures are...

Air pollution has a significant impact on health but is often invisible to the naked eye. Real-time air quality information can help people take action to protect their health. However, little is known on how to most effectively frame air quality information to promote public health. We...

When integrated with key organizational characteristics, institutional theory can yield new insights to understand differences between firms' strategies. We propose that a company's functional organization and internal power structure influence its facility managers' sensitivity to and...

Disclosure of Environment, Social and Governance (ESG) metrics remains almost entirely voluntary, resulting in incomplete and unstandardized data that makes it difficult for stakeholders to collectively compare firms and assess their impact. To align reporting, in 2020 the World Economic Forum...