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When and why does it pay to be green?
Ambec, Stefan; Lanoie, Paul - Institut d'Économie Appliquée, HEC Montréal (École … - 2007
Persistent link: https://www.econbiz.de/10005651466
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When and why does it pay to be green ?
Ambec, S.; Lanoie, P. - Laboratoire d'Économie Appliquée de Grenoble, … - 2007
number of analysts. In particular, Porter (Porter, 1991; Porter and van der Linde, 1995) argues that pollution is often … pollution-control technology. Second, a better environmental performance can lead to cost reductions in the following categories … objective of the paper is not to show that a reduction of pollution is always accompanied by a better financial performance, it …
Persistent link: https://www.econbiz.de/10005120921
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China’s Environmental Policy: A Critical Survey
Chow, Gregory C. - Griswold Center for Economic Policy Studies, Department … - 2010
regulation of industrial pollution in China and for controlling carbon emission in the world. … in the development of alternative energy and in controlling pollution. It also includes two proposals for improving the …
Persistent link: https://www.econbiz.de/10010720759
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What determine firms’ capital structure in China?
Chen, Jian; Jiang, Chunxia; Lin, Yujia - In: Managerial Finance 40 (2014), pp. 1024-1039
Purpose -The purpose of this paper is to investigate the determinants of capital structure using a cross-section sample of 1,481 non-financial firms listed on the Chinese stock exchanges in 2011. Design/methodology/approach -Employing four leverage measures (total leverage and long-term leverage...
Persistent link: https://www.econbiz.de/10010932881
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A Note on Tradeable Permits
Ellerman, A. - In: Environmental & Resource Economics 31 (2005) 2, pp. 123-131
This note offers a perspective on whether tradeable permits are a passing fad or an enduring trend. It does so in noting how various types of tradeable permit systems relate to conventional environmental permits, what are the unique requirements of tradeable permit systems, and why they might be...
Persistent link: https://www.econbiz.de/10005810750
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A European Perspective on Recent Trends in U.S. Climate Policy
Moslener, Ulf; Sturm, Bodo - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
Without participation of the United States, the world?s largest emitter of greenhouse gases, mitigation of global climate change seems hardly conceivable. Despite the U.S. rejection of the Kyoto Protocol and the reluctance of the Bush administration to engage in Post-Kyoto negotiations, recent...
Persistent link: https://www.econbiz.de/10005097567
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The Impact of the European Union Emissions Trading Scheme on Competitiveness in Europe
Oberndorfer, Ulrich; Rennings, Klaus - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006
This literature review analyses the impacts of the EU ETS on competitiveness focussing on existing simulation studies. We have identified the choice of the reference scenario as the most critical issue for an appropriate analysis of the relevant literature. We find, however, that effects of the...
Persistent link: https://www.econbiz.de/10005098389
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Efficiency losses from overlapping regulation of EU carbon emissions
Böhringer, Christoph; Koschel, Henrike; Moslener, Ulf - In: Journal of Regulatory Economics 33 (2008) 3, pp. 299-317
Persistent link: https://www.econbiz.de/10005678457
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Voluntary disclosure frequency and cost of debt: an analysis in the Tunisian context
Talbi, Dorra; Omri, Mohamed Ali - In: International Journal of Managerial and Financial Accounting 6 (2014) 2, pp. 167-174
The aim of this paper is to study the impact of voluntary information disclosure on cost of debt capital. Our survey has been achieved on a sample of 22 firms listed in the Tunis stock exchange over a period spanning from 1998 to 2004. The results confirm the existence of a negative and...
Persistent link: https://www.econbiz.de/10010944845
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CORPORATE GOVERNANCE AND COST OF DEBT: REVIEW OF RECENT STUDIES
STEPANOVA, ANASTASIA; RABOTINSKIY, ILYA - In: Корпоративные финансы Journal of … (2014) 3, pp. 90-102
We suppose that the agency conflicts between shareholders and bondholders may affect the level of risk of company’s debt instruments, therefore, increasing the cost of debt of the firm. A number of corporate governance mechanisms are developed to alleviate the conflicts. This paper surveys...
Persistent link: https://www.econbiz.de/10011246849