the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …

factors also provide incentives for them to deal with corporate environmental issues. That is, formal regulation (government … monitoring and enforcement) can promote firms’ environmental improvements, but so can informal regulation (consumer pressure …, shareholders, employees and local communities). Environmental regulation, in the broadest sense, may affect firms’ decision to …