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The idea of self-regulation as an instrument capable of mitigating socially undesirable practices in industries - such as corruption, environmental degradation, or the violation of human rights - is receiving substantial consideration in theory and practice. By approaching this phenomenon with the theory of the New Institutional Economics, Jan Sammeck develops an analytical approach that points out the critical mechanisms which decide about the effectiveness of this instrument. By integrating theory with practical examples of self-regulation, this study highlights the necessity to look at the institutional incentives of an industry, in order to come to a sound judgement about the feasibility and effectiveness of this instrument in a given situation.

Industries -- Self-regulation. --- Industries. --- Commerce --- Management --- Business & Economics --- Local Commerce --- Management Theory --- Industries --- Industrial policy. --- Self-regulation. --- Business --- Industry and state --- Self-regulation of industries --- Government policy --- Business. --- Management science. --- Business and Management. --- Business and Management, general. --- Economic policy --- Industrial policy --- Trade regulation --- Trade --- Economics --- Industrial management --- Quantitative business analysis --- Problem solving --- Operations research --- Statistical decision

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This is the first book to provide a hard-headed economic view of the voluntary approaches to environmental issues, especially toxic chemicals, waste disposal and global warming, that have become prominent in recent years. Corporate environmental initiatives are seen as a tool for influencing the behaviour of environmental activists, legislators, and regulators, though they may have ancillary benefits such as attracting 'green' consumers or reducing costs. Equally, government voluntary programs are seen as a way to achieve modest environmental results when political resistance to mandatory policies is high. Rigorous analysis is illustrated with numerous case studies drawn from the US, Europe, and Japan, while technical details are relegated to appendices, and each chapter highlights implications for corporate strategy and public policy. Although rooted in economic theory, this book will appeal to business strategists and policy practitioners, as well as scholars and researchers.

Industrial management --- Corporations --- Business enterprises --- Environmental policy. --- Industries --- Public-private sector cooperation. --- Private-public partnerships --- Private-public sector cooperation --- Public-private partnerships --- Public-private sector collaboration --- Cooperation --- Self-regulation of industries --- Industrial policy --- Trade regulation --- Environment and state --- Environmental control --- Environmental management --- Environmental protection --- Environmental quality --- State and environment --- Environmental auditing --- Business corporations --- C corporations --- Corporations, Business --- Corporations, Public --- Limited companies --- Publicly held corporations --- Publicly traded corporations --- Public limited companies --- Stock corporations --- Subchapter C corporations --- Corporate power --- Disincorporation --- Stocks --- Trusts, Industrial --- Environmental aspects. --- Self-regulation. --- Government policy --- Environmental policy --- Public-private sector cooperation --- Environmental aspects --- Self-regulation --- Business, Economy and Management --- Economics --- Industrial management - Environmental aspects --- Corporations - Environmental aspects --- Business enterprises - Environmental aspects --- Industries - Self-regulation