In 1990, the Environmental voluntary agreements (DS) with the participation of regulators and industry have emerged as a promise of a future in environmental policy circles. Cooperation mechanisms YOU can contribute to innovative solutions that regulators or firms would be unlikely to develop on its own. From a business perspective, participation in VAs can reduce the burden of regulation, facilitating communication improvement of the environment, and allow firms to be ahead of the competition for organic products. However, the benefits of participation in VAs may be outweighed by higher operating and administrative costs, if VAs are not properly designed. This article describes the participation in the VA offers strategic opportunities and entry VA can become a costly venture. "Hide
by Magali Delmas, Anne C. Terlaak Source: California Management Review 21 pages. Publication Date: April 1, 2001. Prod. #: CMR199-PDF-ENG
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