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I examine changes in CEO labor market outcomes following corporate environmental failures. CEOs of firms subject to Environmental Protection Agency (EPA) enforcements experience a decline in labor market opportunities as outside directors and a higher likelihood of dismissal as CEOs. They also...
Persistent link: https://www.econbiz.de/10014238625
Automobile industry is an exhaustive industry bringing development for any country. The industrial capabilities needed for development rest in this branch of industry. The Iranian automobile making companies move in line with this aim. But in recent decades, in addition to development of...
Persistent link: https://www.econbiz.de/10013127505
We analyze how board characteristics affect a company's carbon emissions besides further firm-related and cultural variables, using data on over 6,000 companies located in 46 countries for the period 2009-2019. We identify the boards that are more skilled or have a higher share of female members...
Persistent link: https://www.econbiz.de/10013292807
Exploiting the implementation of the NOx Budget Trading Program (NBP), we show that a regional environmental regulation can have an unintended emission spillover effect from NBP-regulated power plants to manufacturing plants not regulated by the NBP via hikes in electricity prices. Our...
Persistent link: https://www.econbiz.de/10013292800
Persistent link: https://www.econbiz.de/10005651466
This paper presents lessons from environmental management in Bulgarian agriculture for Central Asian countries. Comparative institutional analysis is employed to evaluate potential of diverse governing modes to deal with environmental problems and risks, protect absolute and contracted...
Persistent link: https://www.econbiz.de/10014221722
There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...
Persistent link: https://www.econbiz.de/10013136587
Declining water quality as a result of increased nutrient leaching is a serious and growing concern, both internationally and in New Zealand. Water pollution issues have traditionally been addressed with command-and-control type regulation, but market-based nutrient trading schemes are becoming...
Persistent link: https://www.econbiz.de/10013117268
Undoubtedly, the international financial market is subject to "ecological" pressure in the possitive sense of the word. It seams that at present a process of adaptation of financial institutions to the functioning in the society which respect the requirements of natural environment protection...
Persistent link: https://www.econbiz.de/10013098490
The specific system of governance in different countries, regions, subsectors, etc., eventually determines the speed and type of socio-economic development. Despite its big academic and practical importance, in Bulgaria and other countries in East Europe, there are very few empirical studies on...
Persistent link: https://www.econbiz.de/10012924580