The paper is a review of the book "Environmental Protection and the Social Responsibility of Firms" by B. Hay, R. Stavins and R. Vietor.
Written in 2007; 3,013 words; 1 sources; MLA; $ 88.95
Paper Summary:
The author of this paper examines the book "Environmental Protection and the Social Responsibility of Firms" by Hay, Stavins and Vietor. Specifically, the author examines the three main perspectives that the book's authors use to classify a company: legal, economical, and business. The paper's author makes the point that environmental protection and social responsibility are ever growing topics in the business world and that analytical reviews as presented by the book are vital to the development of firms to ensure a better future.
Outline:
Introduction
The Legal Perspective
The Economic Perspective
The Business Perspective
Conclusion
From the Paper:
"The main example that is used constantly throughout the paper is the issue of clear-cutting. To understand the paper, one must obtain an understanding of the concept that Elhauge is using. Clear-cutting is a way to cut down trees. It is a much cheaper operation than standard cutting. This process is not illegal, but it is, however, highly frowned upon by the public because it ruins the minerals in the soil due to exposure. Also, it leaves behind a poor visual scene. This can reduce the value of the real estate of the area. Another comparison that Elhauge makes throughout the paper is the contrast of corporations and sole proprietors. This evaluation allows the reader to see the extreme differences between these two types of businesses. It also makes explaining intelligent arguments easier."
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