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Environmental Regulations and Corporate StrategyA NAFTA Perspective$
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Alan Rugman, Julie Soloway, and John Kirton

Print publication date: 1999

Print ISBN-13: 9780198295884

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198295884.001.0001

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The Analytic Framework of Capture

The Analytic Framework of Capture

(p.22) (p.23) 2 The Analytic Framework of Capture
Environmental Regulations and Corporate Strategy

Alan Rugman

John Kirton

Julie Soloway

Oxford University Press

In this chapter, we establish a general framework for investigating the relationship among the competitiveness of firms, trade liberalization regimes, and environmental regulation. As our analysis specifically focuses on the case of NAFTA, we look into three different disciplinary perspectives: 1) a corporate strategy perspective that takes on the problems and corresponding responses of firms that are under discriminatory environmental regulation; 2) examining the legal implications of regulatory shelter/capture to identify the legal processes within NAFTA and the legal instruments available to firms; and 3) political science perspectives which include neo-liberal institutionalism and the theory of complex interdependence to demonstrate the impacts of corporations and other stakeholders on regulatory processes and how the protectionist actions of national governments are restricted by international regimes.

Keywords:   trade liberalization, firm competitiveness, environmental regulation, corporate strategy, legal implications, political science

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