Abstract
This chapter investigates the theoretical and empirical reasons why Japan leads the world in adoption of ISO 14001, while the US lags, and the comparative effect of ISO 14001 on environmental performance of adopters in both countries. Findings suggest that institutional barriers to adoption are much higher in the adversarial policy climate of the US than in the more reciprocal policy climate of Japan. Expected benefits of adoption are lower than the reported realisation, and this finding is significant for some categories such as competitive market advantage and relationships with regulators. Findings regarding the effect of ISO on environmental performance are mixed, but generally point to a relatively limited effect. We conclude that, even if ISO 14001 has a moderate effect on firm environmental action, the structural barriers in the US generally limit the viability of these types of voluntary policy.
| Original language | English (US) |
|---|---|
| Title of host publication | Managing the Business Case for Sustainability |
| Subtitle of host publication | The Integration of Social, Environmental and Economic Performance |
| Publisher | Taylor and Francis |
| Pages | 569-588 |
| Number of pages | 20 |
| ISBN (Electronic) | 9781351280525 |
| ISBN (Print) | 9781874719953 |
| State | Published - Sep 8 2017 |
| Externally published | Yes |
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- General Business, Management and Accounting