Madhu Khanna

TL;DR: In this paper, the authors examined the motivations for participation in the voluntary 33/50 Program and the program's impact on the toxic releases and economic performance of firms in the U.S. chemical industry.

TL;DR: In this paper, the authors show that liability threats and market-based incentives are particularly effective in increasing the comprehensiveness of environmental management systems (EMSs) of firms that would otherwise be adopting a limited EMS.

TL;DR: The approach to environmental protection has been evolving from a regulation-driven, adversarial "government push" approach to a more proactive approach involving voluntary and often "business-led" initiatives to self-regulate their environmental performance as discussed by the authors.

TL;DR: In this paper, the authors examined the costs of producing two bioenergy crops, switchgrass and miscanthus, in Illinois for co-firing with coal to generate electricity.

TL;DR: In this paper, the authors examined investor reactions to repeated public disclosure of environmental information about firms in the chemical industry and the effectiveness of this information as a decentralized mechanism for deterring their pollution and found that repeated provision of the Toxics Release Inventory led firms to incur statistically significant negative stock market returns during the one-day period following the disclosure of that information in the years 1990-1994.