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Why Do Firms Voluntarily Adopt Environmental Management Systems? The Case of the Czech Republic

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  • Eva Horváthová

    (Global Change Research Institute of the Czech Academy of Sciences, Department of the Human Dimensions of Global Change, V Jircharich 6, Prague 1, 110 00, Czech Republic)

Abstract

We examine why firms voluntarily implement environmental management systems. Employing the ISO 14001 management system and using firm-level data for the Czech Republic, we find that environmental management systems are typically adopted by large firms and by those firms that initially pollute the environment more. These systems are more commonly implemented by firms operating in service industries. On the other hand, we find little support that the adoption of environmental management systems is influenced by the firm's financial performance and labor costs.

Suggested Citation

  • Eva Horváthová, 2020. "Why Do Firms Voluntarily Adopt Environmental Management Systems? The Case of the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 68(1), pages 157-168.
  • Handle: RePEc:mup:actaun:actaun_2020068010157
    DOI: 10.11118/actaun202068010157
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    1. Eva Petrová & Tomáš Štofa & Michal Šoltés, 2021. "Exploration of the Factors that Influence the Implementation of Environmental Management Systems—The Case of Slovakia," Economies, MDPI, vol. 9(2), pages 1-14, May.

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