This paper attempts to look at the effectiveness of public provision of pollution information in providing incentives for firms to control pollution. This is achieved by examining the effect of release of pollution information on the market value of firms. The paper conducts a value event study...

The purpose of this paper is to study whether speculative activities are ethically justified. The importance of this topic derives from the fact that many of the activities which configure a modern economy contain a speculative component. The analysis is based on the premise that the ethical...