Schwarze, Reimund; Hoffmeister, Onno - In: The Geneva Papers on Risk and Insurance - Issues and … 35 (2010) 3, pp. 416-434
The German Environmental Liability Law (ELL) of 1991 has introduced far-reaching civil liability for environmental damages with the aim of increasing firms’ efforts to prevent accidents. Previous studies find poor evidence that this goal has actually been achieved. One and a half decades after...