Calveras, Aleix; Ganuza, Juan-JosÉ; Llobet, Gerard - In: Journal of Economics & Management Strategy 16 (2007) 3, pp. 719-740
"This paper analyzes the interplay between firms' self-regulation (often denoted as corporate social responsibility) as opposed to the formal regulation of a negative externality. Firms respond to increasing activism in the market (conscious consumers that take into account the external effects...