This informative article analyzes the closing gap between enforcement and regulation of environmental protection in China and explores its consequences for doing business there. It identifies three important dimensions that characterize change in regulatory systems: precedence and incentives, bureaucratic alignment, and transparency and monitoring.
Using all these measurements, it describes the mechanisms that characterized China's previous interval where enforcement of environmental protection was decoupled from regulation. Regulation and enforcement are becoming realigned. This is a result of a change in national development strategy, reorganization of the bureaucracy, and increasing observation from the government and general public. Businesses have to embrace environmental innovation and integrate local and global standards, to address these changes. They compete on reputation and should even be more transparent.
Regulatory Uncertainty and Corporate Responses to Environmental Protection in ChinaRegulatory Uncertainty and Corporate Responses to Environmental Protection in China Case Study Solution
PUBLICATION DATE: November 11, 2011 PRODUCT #: CMR493-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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