Posing the important question of how environmental management may benefit firms, this book adopts a neutral stance towards the issue of the extent to which environmental issues should, or should not, be addressed within the context of the management of business corporations. standards, using the tools of microeconomic and industrial organization analysis to provide an ordered and consistent picture. The analysis is couched within stakeholder theory, which determines how costs and benefits are defined for the firm. Utilizing the most recent information, the book also focuses on the underlying...