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Consumers often encounter, and claim to care about, ethical information concerning the products they purchase. Across three studies, we investigate how the accessibility of this information impacts choice. When consumers must seek out product attribute information, the impact of ethical...
Persistent link: https://www.econbiz.de/10014529385
This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...
Persistent link: https://www.econbiz.de/10011373830
compares three aggregate indicators of sustainability: the World Bank’s ‘Genuine Savings’ measure, the ‘Ecological Footprint …’ and the ‘Environmental Sustainability Index’. It is concluded that rankings of sustainable nations vary significantly …
Persistent link: https://www.econbiz.de/10011374434
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Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between …
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Management scholars have sought to answer the question: is there a financial payoff for ad-dressing ecological and social issues? We move beyond this question and include a time com-ponent for corporate financial performance (CFP) and a firm’s innovativeness in order to ask: when does it pay?...
Persistent link: https://www.econbiz.de/10011383084
Sustainability ratings help consumers understand the environmental impact of their purchases. Such ratings have …. These results question the potential effectiveness of sustainability ratings for other products, such as food, where the … consumers use sustainability ratings when these ratings are dissociated from private benefit, i.e. product quality. Participants …
Persistent link: https://www.econbiz.de/10014512915
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