Journal article
Good Fences Make Good Neighbors: A Longitudinal Analysis of an Industry Self-Regulatory Institution
- Abstract:
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We extend theories of self-regulation of physical commons to analyze self-regulation of intangible commons in modern industry. We posit that when the action of one firm can cause "spillover" harm to others, firms share a type of commons. We theorize that the need to protect this commons can motivate the formation of a self-regulatory institution. Using data from the U.S. chemical industry, we find that spillover harm from industrial accidents increased after a major industry crisis and decrea...
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- Publication date:
- 2008-12-01
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- UUID:
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uuid:66aada5d-b91f-4b2d-8cc6-6c28872293cf
- Local pid:
- oai:eureka.sbs.ox.ac.uk:7
- Deposit date:
- 2013-12-20
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- Copyright date:
- 2008
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