Liu, Chih-Chen; Wang, Leonard F.S.; Lee, Sang-Ho - In: Economics Letters 129 (2015) C, pp. 108-111
This paper investigates the impacts of competition structures on firms’ incentives for adopting strategic environmental corporate social responsibility (ECSR) certified by a Non-Governmental Organization. We show that, to induce firms to adopt certified ECSR, the certifier will set a standard...