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The ownership nationality of large US multinational companies plays an implicit but important role in the current debate over how such companies should be taxed. This paper identifies that role and investigates what is actually known about where these companies’ shareholders reside
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Environmental self-auditing by private firms is generally thought to both deserveand require encouragement. Firms can audit themselves more cheaply andeffectively than can regulators, but too often are deterred for fear that theinformation they uncover will be used against them. To reduce this...
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This paper is a theoretical analysis of incentive setting via civil litigation, with a focus on incentives for care in activities that may be harmful to others (torts). It makes two main contributions: one directly policy-relevant, one conceptual. In most existing research, litigation is modeled...
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