Scholarlink

<p>Building on institutional economics, this study posits that green market participation is shaped by the level and changes in national environmental regulatory stringency. Empirically, we rely on data from 10,124 small- and medium-sized manufacturing enterprises across 26 Organisation for Economic Co-operation and Development (OECD) countries. After controlling for several firm- and country-level variables, the findings indicate that in countries with stringent environmental regulations, the relationship between increased regulatory stringency and green market participation by small- and medium-sized enterprises (SMEs) follows an inverted-U shape. Conversely, in countries with more lenient environmental regulations, the relationship exhibits a U-shaped form. The paper concludes by outlining the implications for both theory and practice.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

National environmental regulations and green market participation by SMEs

  • 期刊论文

  • 发表日期：

    2026年2月10日

查看全文
  • Marcelo Gonzalez,
  • Isabel María Bodas Freitas,
  • Steven A. Brieger

摘要

Building on institutional economics, this study posits that green market participation is shaped by the level and changes in national environmental regulatory stringency. Empirically, we rely on data from 10,124 small- and medium-sized manufacturing enterprises across 26 Organisation for Economic Co-operation and Development (OECD) countries. After controlling for several firm- and country-level variables, the findings indicate that in countries with stringent environmental regulations, the relationship between increased regulatory stringency and green market participation by small- and medium-sized enterprises (SMEs) follows an inverted-U shape. Conversely, in countries with more lenient environmental regulations, the relationship exhibits a U-shaped form. The paper concludes by outlining the implications for both theory and practice.