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, embedding a host of financial frictions. We focus on limited enforcement, moral hazard, and trade-off models. All models share a … benchmarks, favor trade-off models for larger Compustat firms, limited commitment models for smaller firms, and moral hazard …
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Purpose: Low-carbon economy requires the pursuit of eco-efficiency, which is a win-win situation between economic and environmental efficiency. In this paper the question of trading off the economic and environmental effects embodied in eco-efficiency in the hybrid manufacturing/remanufacturing...
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