Environmental Policy and International Business
This article analyses the interactions between environmental policy and international business. More specifically, a conceptual framework is developed which allows us to classify the various types of environmental regulations facing firms engaged in international business. In addition, an analysis is performed of the different environmental strategies that can be pursued by multinational enterprises (MNEs). During the past few decades, environmental issues have increasingly come to the forefront, both on public policy agendas and in corporate boardrooms. Specialized academic journals have been introduced that focus exclusively on environmental issues. Moreover, many of the mainstream economics and management journals now regularly publish articles dealing with the environmental policy–corporate strategy interface. However, only a few publications have, so far, included conceptual insights specifically useful to international business. In contrast, this article focuses specifically on international business research issues.