The Efficacy of Private Voluntary Certification Schemes: A Governance Costs Approach

@article{Dietz2014TheEO,
  title={The Efficacy of Private Voluntary Certification Schemes: A Governance Costs Approach},
  author={T. Dietz and J. Auffenberg},
  journal={CSR & Management Practice eJournal},
  year={2014}
}
What are the conditions under which private, voluntary certification programs like the Rainforest Alliance or Fairtrade can successfully promote environmental and social standards? We propose that the efficacy of a certification program depends on three variables: its sustainability standards, enforcement mechanisms and its market proliferation. The stricter the standards, the better the enforcement systems and the bigger the market share, the higher will be the factual impact of a particular… Expand
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