Are Conglomerates Less Environmentally Responsible? An Empirical Examination of Diversification Strategy and Subsidiary Pollution in the U.S. Chemical Industry

This study examines the relationship between corporate diversification strategy and the pollution activity of subsidiaries within the U.S. chemical industry using TRI data (EPA's Toxic Release Inventory). The subsidiaries of conglomerates were found to exhibit higher pollution levels for direct...

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Bibliographic Details
Authors: Dooley, Robert S. (Author) ; Fryxell, Gerald E. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1999
In: Journal of business ethics
Year: 1999, Volume: 21, Issue: 1, Pages: 1-14
Further subjects:B Pollution Level
B Conglomerate
B Pollution Emission
B Chemical Industry
B Economic Growth
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