Environment and Development Economics · 2007 · 112 citations · 15 references
BusinessEnvironmental ManagementEnvironmental SciencesEnvironmental CompliancePollution ControlRegulatory ComplianceDisclosure ComplianceEnvironmental ReportingEsg DisclosureEsg ReportingPollution ReportingStakeholder ReportingBiochemical Oxygen DemandChemical Oxygen DemandControl Group DesignEnvironmental Disclosure ReportingEnvironmental Reporting TransparencyIndustrial Pollutant ReportingPollution Control Policy EvaluationRegulatory Compliance Records
ABSTRACT This paper evaluates the effectiveness of the Program for Pollution Control Evaluation and Rating (PROPER) in Indonesia. PROPER, the first major public disclosure program in the developing world, was launched in June 1995; though it collapsed in 1998 with the Asian financial crisis, it is currently being revived. There have been claims of success for this pioneering scheme, yet little formal and conclusive analysis has been undertaken. We analyze changes in emissions concentrations (mg/L) using panel data techniques with plant-level data for participating firms and a control group. The results show that there was indeed a positive response to PROPER, especially among firms with poor environmental compliance records. The response was immediate, and firms pursued further emissions reductions in the following months. The total estimated reductions in biochemical oxygen demand (BOD) and chemical oxygen demand (COD) were approximately 32 per cent.
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Disclosure Strategies for Pollution Control
Tom Tietenberg · Environmental and Resource Economics · 1998 · 376 citations