Corporate Environmentalism and Public Policy

Thomas P. Lyon is Professor at the Kelley School of Business, Indiana University, Bloomington. He is the editor of the forthcoming volume Regulation (2004). His primary research interest is the interplay between corporate strategy and public policy and he has served as a consultant to business and to government in these areas. John W. Maxwell is Associate Professor at the Kelley School of Business, Indiana University. His primary research focus is the political economy of environmental regulation, and the impact of corporate behaviour on the development and enforcement of environmental regulations.

• Preface; Part I. The Interaction of Strategy and Policy: 1. A framework for analysis; 2. Markets, politics and models; Part II. Corporate Strategy and the Policy Life Cycle: 3. Preempting future regulations; 4. Influencing future regulations; 5. Deflecting enforcement of existing regulations; Part III. Government Voluntary Programs: 6. An institutional analysis of voluntary environmental agreements; 7. Negotiated agreements; 8. Self-regulation, taxation and public voluntary agreements; 9. The design of public voluntary agreements; 10. Conclusions; References; Index.

'This book is the best example of how serious economic theory can be used to tackle many practical and relevant environmental problems. The authors do not only adopt the usual regulators' viewpoint, whose goal is to correct market imperfections. In addition, this book pays a lot of attention to business incentives and to how free markets can profitably adopt self-regulation measures. As a consequence a wide range of policy strategies emerges. This book is a valuable reading for both private and public decision makers.' Carlo Carraro, University of Venice and Research Director Fondazione ENI E Mattei, Venice