Resumen de Private politics and environmental management

Sonam Gupta, Robert Innes

• We study determinants and effects of two types of private political actions (PPAs) against S&P 500 companies: environmental boycotts and shareholder proxy proposals. We consider effects on the firms' adoption of environmental management systems (EMS) and the environmental protocol, ISO 14001. We find that PPAs have a significant impact on firms' environmental management decisions and, consistent with , that a company's likelihood of experiencing a PPA is higher if it is a �receptive target� that has a reputation for social responsibility