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La RSE influence-t-elle le choix de localisation des firmes multinationales ? Le cas de l’environnement

Author

Listed:
  • Rémi Bazillier
  • Sophe Hatte
  • Julien Vauday

Abstract

?The goal of this paper is to study the influence of corporate environmental responsibility (CER) and national environmental standards on the location choices of the 600 biggest European firms. By using the environmental score provided by Vigeo, we are able to test the influence of the environmental performances of firms. We find a negative interaction effect between these environmental performances and national environmental regulations suggesting a substitution effect between CSR and national standards. This result is also valid when we study the determinants of number of employees by country. However, this effect is only observed for de facto environmental standards and not de jure standards. It suggests a possible strategic behaviour of firms, exploiting differences between formal regulations and their effective implementation.?

Suggested Citation

  • Rémi Bazillier & Sophe Hatte & Julien Vauday, 2014. "La RSE influence-t-elle le choix de localisation des firmes multinationales ? Le cas de l’environnement," Revue d'économie industrielle, De Boeck Université, vol. 0(4), pages 383-409.
  • Handle: RePEc:cai:reidbu:rei_148_0383
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