ABSTRACT. The theory that we shall seek to elaborate here puts considerable emphasis on the link between environmental governance and strategic business management, the political underlying forces of private and market-based environmental governance proposals, the controversy over the authority and legitimacy of developing types of transnational governance, the causes and effects of international environmental change, and the domestic consequences of worldwide environmental governance. The aim of the present study is to examine and evaluate the authority, legitimacy, and responsibility of private participants in global environmental governance, the involvement in and configuration of private governance processes, the decentralization of global governance throughout public and private entities, and the mechanisms of particular and formal global environmental governance strategies. pp. 79–85
JEL codes: F18; H23; K32; Q56

Keywords: global environmental governance; state; multinational corporations

How to cite: Nica, Elvira, and Ioan Hurjui (2016), “The State-led System of Global Environmental Governance,” Economics, Management, and Financial Markets 11(3): 79–85.

Received 18 February 2016 • Received in revised form 27 May 2016
Accepted 28 May 2016 • Available online 11 June 2016

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Center for Human Resources and Labor Studies
at AAER, New York;
Bucharest University of Economic Studies
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Stefan cel Mare University of Suceava

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