Recent studies call for regulation in carbon-footprint disclosure requirements, as it is found that less-carbon intensive sectors are relying on gaining symbolic legitimacy through disclosure, yet without taking the necessary substantive actions.
In a study on Algeria, it is found that foreign direct investment can be stimulated by a low price market. The drop in oil prices in Algeria in the 1990s caused budgets of national oil companies to be frustrated to the extent that oil production and exploration was hampered. Foreign investment was therefore stimulated through fiscal incentives, and foreign oil companies responded despite the low p [...]