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The influence of corporate social responsibility on air pollution: Analysis of environmental regulation and eco‐innovation effects
Author(s) -
JiménezParra Beatriz,
AlonsoMartínez Daniel,
GodosDíez JoséLuis
Publication year - 2018
Publication title -
corporate social responsibility and environmental management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.519
H-Index - 73
eISSN - 1535-3966
pISSN - 1535-3958
DOI - 10.1002/csr.1645
Subject(s) - corporate social responsibility , business , air pollution , panel data , pollution , dual (grammatical number) , social responsibility , air quality index , sustainable development , natural resource economics , environmental economics , environmental planning , public economics , economics , public relations , political science , geography , ecology , art , literature , meteorology , law , econometrics , biology
Air pollution is one of the most serious environmental problems affecting the general population's health and wellbeing. This article analyses the role companies and public‐sector institutions play in reducing air pollution. Corporations are motivated by a social commitment and the need to improve their productive processes, while public bodies endeavour to reduce air pollution to improve citizens' quality of life. This paper drills down into the impact of eco‐innovation as a mechanism for companies to achieve this dual aim. We look at a set of 31 countries between 2006 and 2013 using fixed‐effects Ordinary Least Squares panel data methodology. The results corroborate the positive influence of corporate social responsibility on reducing air pollution. Furthermore, this influence is reinforced when environmental regulation is developed. Finally, we observe that eco‐innovations have a mediating effect on the relationship between sustainable firms and air pollution.