Teaching people that corporations must exclusively maximize profits can reduce “win-wins”—what is both profitable and good for society. If everyone believes that corporations must maximize profits only, nobody will protest when corporate pursuits of profits harm society—the firms were...

Ecolabel certification is proposed as a method of increasing consumer trust in environmental marketing. But competitive issues arise as producer-led certification organizations can create a market for lemons (even amongst certifications), and even well-intentioned NGO-led organizations face...

Environmentalists and free trade proponents sharply disagree on the role that trade plays in impacting environmental welfare. This article critically examines the contention that trade liberalization and World Trade Organization (WTO) trade law constrain domestic environmental regulations. An...

Do voluntary corporate prosocial efforts reduce or amplify support for government regulation? We build a theory of opposing mechanisms. Voluntary efforts could make it seem like the problem is being fixed (“Coca-Cola is already tackling plastic waste!”) and thus that regulation is...

Corporations have enormous influence on society. Progressive policymakers and scholars increasingly advocate for corporations to be required to consider those influences on society—a corporate social responsibility (CSR) mandate. The now-predominant view is that merely allowing directors to...