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Improving the Prevention of Environmental Risks with Convertible Bonds

SCHMITT, André; SPAETER, Sandrine - Bureau d'Économie Théorique et Appliquée (BETA), … - 2002

In this paper, a manager borrows external funds in order to invest in production and also in prevention. The latter action must reduce the environmental risk driven by the activity of the firm. Prevention is observable neither by outside lenders nor by institutions such as environmental agencies...

Persistent link: https://www.econbiz.de/10005385238

Environmental risk and extended liability : the case of green technologies

Dionne, Georges; Spaeter, Sandrine - In: Journal of public economics 87 (2003) 5/6, pp. 1025-1060

Persistent link: https://www.econbiz.de/10001766588

Improving the prevention of environmental risks with convertible bonds

Schmitt, André; Spaeter, Sandrine - In: Journal of environmental economics and management : … 50 (2005) 3, pp. 637-657

Persistent link: https://www.econbiz.de/10003224399

Incentive contracts and downside risk sharing

Sinclair-Desgagné, Bernard; Spaeter, Sandrine - In: The journal of law, economics, & organization 34 (2018) 1, pp. 79-107

Persistent link: https://www.econbiz.de/10011975088

Experiments on moral hazard and incentives : reciprocity and surplus-sharing

Keser, Claudia; Willinger, Marc - In: The economics of contracts : theories and applications, (pp. 293-312). 2002

Persistent link: https://www.econbiz.de/10001722180

Incentives and managerial effort under competitive pressure : an experiment

Ennasri, Ahmed; Willinger, Marc - In: Research in economics : an international review of economics 68 (2014) 4, pp. 324-337

Persistent link: https://www.econbiz.de/10010510306