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Information Disclosure And Environmental Performance, Mark Stephan

Systems Science Friday Noon Seminar Series

Scholars and policymakers increasingly argue that information disclosure programs such as the Toxics Release Inventory (TRI) should be used to supplement conventional environmental regulation. Yet we lack a clear understanding of how such programs work as well as the empirical data to confirm their success in achieving environmental quality objectives. To better understand the impacts of environmental information disclosure on corporate decision making, this paper develops an analytic framework drawn from theories of risk perception and communication, individual and corporate decision making, and social capital. I examine the importance of the TRI for facility level behavior through an analysis of …