Companies operating in different countries face different and often change regimes of environmental regulation. This regulatory turbulence raises the question of what environmental strategies of multinational companies with a portfolio of divergent regulatory regimes should develop in relation to their international business expansion strategies. Prospective multinational corporations seeking to develop effective environmental policies must integrate the relative rigidity of the regulatory and international interdependence of the market. There are four environmental strategies that correspond to the various regulatory / market configurations for multinational corporations from developed and emerging markets, and to identify factors that drive strategic change. In "tool to regulate turbulence," which describes the relevant regulatory / market configurations and provides conditionally effective, dynamic environmental policies. "Hide
by Frank Wijen, Rob van Tulder Source: California Management Review 24 pages. Publication Date: August 10, 2011. Prod. #: CMR487-PDF-ENG
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