David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 10 (12):883 - 890 (1991)
The Valdez Principles have been formulated to guide and evaluate corporate conduct towards the environment. While at first glance the code appears to impose enormous new responsibilities on firms, a closer analysis indicates that existing regulations and business practices already require businesses to meet many of the environmental goals sought by its proponents. Likely corporate response to the code is examined against this background and with reference to the experience with other voluntary codes of conduct. It would appear that compliance with the code will yield minimal benefits and non-compliance will impose minimum costs for the environmentally-responsible firm.
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References found in this work BETA
Rajib N. Sanyal & Joao S. Neves (1991). Complying with Voluntary Codes of Conduct: Corporate Strategies for the Valdez Principles. International Journal of Value-Based Management 4 (1):9-23.
D. Reid Weedon Jr (1986). The Evolution of Sullivan Principle Compliance. Business and Society Review 57:56-60.
Citations of this work BETA
Moses L. Pava & Joshua Krausz (1996). The Association Between Corporate Social-Responsibility and Financial Performance: The Paradox of Social Cost. [REVIEW] Journal of Business Ethics 15 (3):321 - 357.
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