Information Disclosure and Environmental Performance

Stephan, Mark

doi:10.7551/mitpress/9780262014953.003.0001

Cited by 35 publications

(45 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…First, the role of "problem severity" as an explanatory factor for regulatory stringency is discussed. Contradictory results regarding the role of problem severity in explaining environmental policy efforts have been observed in the literature [12]. The following study suggests that one important aspect in this regard that should be addressed and has not been adequately dealt with is the gap between objective problem severity and problem severity as perceived by policy makers.…”

Section: Introductionmentioning

confidence: 81%

“…In this line, Meyer and Konisky found that environmental need plays a strong role in community adoption of local environmental institutions [18]. However, evidence regarding the effect of problem severity upon policy adoption is still contradictory [12]. Zahran et al, for example, found no evidence that climate change risk influences the prevalence of cities becoming members of international environmental organizations in metro areas [8].…”

Section: Factors Affecting Environmental Policy-theory and Hypothesesmentioning

confidence: 91%

See 1 more Smart Citation

The Role of Risk Perception and Collaborative Management in Explaining Stringent Municipal Regulations - The Israeli Air Pollution Case Study

Kerret¹,

Menahem²

2015

Review Pub Administration Manag

View full text Add to dashboard Cite

What influences municipalities to proactively enact more stringent environmental standards relative to the central state's stipulated requirements? What is the role of environmental need (risk) in determining the level of action? And what is the relationship between objective risk indicators and subjectively perceived ones? Does Collaborative Management (CM) at the local level influence the stringency of local environmental legislation? This paper employs SEM analysis combining survey data from all municipalities in Israel with an analysis of local bylaws to address these questions. Doing so enables us to contribute the following insights to the research literature. First, we add to the thin extant literature on the role of municipalities in addressing environmental problems and construct a model of factors affecting stringent environmental regulation. Second, the study extends the very small number of non-US studies regarding environmental outputs in municipalities. Third, our study answers the call to investigate conditions under which CM enhances environmental achievements. Fourth, the study further contributes to understanding the importance of perceived risk for explaining local environmental policies and how they are influenced by CM. The results demonstrate the important role of both perceived risk and CM in influencing the stringency of local environmental regulation.

show abstract

Section: Introductionmentioning

confidence: 81%

Section: Factors Affecting Environmental Policy-theory and Hypothesesmentioning

confidence: 91%

The Role of Risk Perception and Collaborative Management in Explaining Stringent Municipal Regulations - The Israeli Air Pollution Case Study

Kerret¹,

Menahem²

2015

Review Pub Administration Manag

View full text Add to dashboard Cite

show abstract

“…In 1989, when the TRI was implemented, the environmental regulatory system was in an early stage of its development allowing the TRI to ll an important gap (Kraft, Stephen, and Abel, 2011). In contrast to this, at the beginning of the 2000s, when the EPER was put into operation, the regulatory system was generally much more developed, particularly in Germany.…”

Section: Introductionmentioning

confidence: 98%

On the Obligation to Provide Environmental Information in the 21st Century - Empirical Evidence from Germany

Massier

Römer

2012

SSRN Journal

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. www.econstor.eu Terms of use: Documents in AbstractIn this paper, we study the e ectiveness of environmental information disclosure as a regulatory instrument. In particular we analyze its impact when environmental regulation is already advanced. Using German stock market data, we are able to identify the impact of the European Pollutant Emission Register (EPER) on the market value of listed rms using a Multivariate Regression Model (MVRM). First, we show that the publication of EPER data leads to negative abnormal returns of the respective listed rms in Germany. Second, we study drivers of these abnormal returns. Here, we nd that the rms' individual level of non-carbon emissions can explain the observed changes in market valuation, while carbon dioxide emissions do not seem to be punished by the market. Moreover, we include information on voluntarily provided environmental reports and nd that these reports can serve as a substitute to the obligatory register. JEL Classi cation: G14, L51, Q52

show abstract

“…Lee et al [34] attributed the success of OLNPP of SMG as the product of firm actions from the mayor. The effect of partisanship is still debatable in the literature, but it has been argued that liberal states and communities with democratic political orientations tend to welcome government intervention to deal with air pollution [50][51][52], be more active on local climate action [10,14] and have more households heated with solar energy [46]. For instance, Daley and Garand [42] found an insignificant correlation between determining patterns of state hazardous waste policies and political variables, including party control of state institutions and liberal citizenries.…”

Section: Hypothese 3 (H3)mentioning

confidence: 99%

The Factors of Local Energy Transition in the Seoul Metropolitan Government: The Case of Mini-PV Plants

Lee

Kim

2017

Sustainability

View full text Add to dashboard Cite

Abstract:As a way of enhancing urban sustainability, Seoul Special City, the capital of South Korea, has shown strong enthusiasm for urban energy transition by tackling climate change and expanding renewable energy. The Seoul Metropolitan Government (SMG) has adopted the "One Less Nuclear Power Plant (OLNPP)" strategy since April 2012 and specific policy measures, including a mini-photovoltaic (PV) plant program, were introduced to facilitate the energy transition. However, varying degrees of success were achieved by 25 district-level local governments (Gu) with mini-PV plant programs. This study explored the reason why those local governments showed different levels of performance despite the strong will of municipal government (SMG) to implement urban energy transitions through the mini-PV plant program. The tested hypotheses were based on capacity, political context, public awareness and geographical diffusion. The findings indicated that institutional capacity, financial dependence, political orientation and public perception had positively affected the performance of mini-PV plant installation at each district level. Especially, the political will of each district mayor played an important role in the implementation of the policy.

show abstract

Information Disclosure and Environmental Performance

Cited by 35 publications

References 0 publications

The Role of Risk Perception and Collaborative Management in Explaining Stringent Municipal Regulations - The Israeli Air Pollution Case Study

The Role of Risk Perception and Collaborative Management in Explaining Stringent Municipal Regulations - The Israeli Air Pollution Case Study

On the Obligation to Provide Environmental Information in the 21st Century - Empirical Evidence from Germany

The Factors of Local Energy Transition in the Seoul Metropolitan Government: The Case of Mini-PV Plants

Contact Info

Product

Resources

About