Are Conglomerates Less Environmentally Responsible? An Empirical Examination of Diversification Strategy and Subsidiary Pollution in the U.S. Chemical Industry  

Oleh:

Dooley, Robert S. ; Fryxell, Gerald E.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Journal of Business Ethics vol. 21 no. 1 (Aug. 1999), page 1-14.
Topik: Conglomerates; Environmentally Responsible; Empirical Examination; Diversification Strategy; Subsidiary Pollution

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: BB27.38 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This study examines the relationship between corporate diversification strategy and the pollution activity of subsidiaries within the U.S. chemical industry using TRI data (EPA's Toxic Release Inventory). The subsidiaries of conglomerates were found to exhibit higher pollution levels for direct emissions than those of firms pursuing more related diversification strategies. Additionally, the subsidiaries of conglomerates exhibited more variance in overall pollution emissiions compared to related diversified firms.

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