Integrating Environmental and International Strategies in a World of Regulatory Turbulence
研究了跨国公司在不同国家面临多变环境规制时，如何结合监管严格程度和国际市场相互依赖，制定有效的环境战略，并介绍了“监管动荡工具”来指导战略选择。
SUMMARY\\nCompanies operating in multiple countries face different and often changing regimes of environmental regulation. This regulatory turbulence raises the question of what environmental strategies multinational enterprises with a portfolio of divergent regulatory regimes should develop in relation to their international business expansion strategies. We argue that multinationals seeking to develop an effective environmental strategy should integrate relative regulatory stringency and international market interdependence. We discuss and illustrate four environmental strategies that match different regulatory/market configurations for multinationals from both developed and emerging markets, as well as the factors that drive strategic changes. We introduce a \\xe2\\x80\\x9eregulatory turbulence tool\\xe2\\x80\\x9f that describes relevant regulatory/market configurations and prescribes contingently effective, dynamic environmental strategies.