Many analysts argue that environmental regulation is a barrier to innovation in business firms. A competing view holds that environmental regulation contributes to firm level innovation. This article attempts to partially reconcile these two views. The article argues that organizational and individual level variables moderate the effect of environmental regulation generally on the radicalness of innovation at the firm level. It proposes that four moderating variables the degree to which information analysis about environmental issues is centralized, firm size, the intensity (...) and integration of research and development (R&D) units within the firm, and whether regulation is perceived as an opportunity change the sign of the relationship between environmental regulation and the radicalness of firm level innovation. Empirically testable propositions are presented and a regulation innovation profile is suggested. Directions for future research and implications for practicing managers are highlighted. (shrink)

This paper discusses how Salvadoran companies practice corporate philanthropy in El Salvador, and what might motivate it. First, I briefly discuss three principal theories of corporate philanthropy, and explore some current trends in international corporate philanthropy to highlight some of the motives Salvadoran companies may have to participate in charitable activities. Then, I discuss the history of the Salvadoran private sector to help us understand philanthropic activity today. Next, I suggest that philanthropic acts by Salvadoran firms are driven by altruistic (...) and politically strategic motives, and reflect individualistic and paternalistic attitudes. In the discussion, I include examples of Salvadoran corporate philanthropy as it is practiced today, based on recent field research in El Salvador. (shrink)