Air pollution, regulations on emission and firms' social responsibility

• Main Author: SONG, Jun Myung
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Air Pollution; Emission; Firm Performance; Environmental Stringency; Business Law, Public Responsibility, and Ethics; Environmental Sciences; Finance and Financial Management; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/skbi/28; https://ink.library.smu.edu.sg/context/skbi/article/1026/viewcontent/Air_Pollution__Regulations_on_Emission_.pdf
• Institution: Singapore Management University

This paper examines whether firms adjust their strategy in emission when air pollution is severe. Considering high PM 2.5 as severe air pollution across 65 countries, I show that firms from countries with severe air pollution have low emission score, suggesting that they put less effort in reducing...