Developed and developing countries compete to attract firms using various instruments including corporate taxes and environmental regulations. They also commit to international environmental agreements with “common but differentiated responsibilities” (CBDR). We investigate how the...

We study the connection between corporate taxation and carbon emissions in the US. Counter to optimal taxation of negative externalities, we find that dirty firms pay lower profit taxes. This relationship is driven by dirty firms benefiting disproportionately more from the tax shield of debt,...

Section 1: Environmental Risk Management -- 1. The Italian Bus Transportation Sector. The management of environmental risk as a Factor for Achieving a Business Sustainability; Cantino, V.; Alfiero, S.; Capecci, G.; Esposito, A -- 2. Decreasing the Environmental Risks Through Inclusion of the...

Section 1: Environmental Risk Management.- 1. The Italian Bus Transportation Sector. The management of environmental risk as a Factor for Achieving a Business Sustainability; Cantino, V.; Alfiero, S.; Capecci, G.; Esposito, A.- 2. Decreasing the Environmental Risks Through Inclusion of the...

This study examines the relation between climate policy uncertainty (CPU) and corporate tax avoidance. Using a novel measure of CPU, we document that CPU is negatively related to effective taxes rates for both contemporary and future years. During higher levels of CPU, firms undertake aggressive...