The Reputational Penalties for Environmental Violations: Empirical Evidence
作者： Jonathan M Karpoff , John R Lott , Jr , Eric W Wehrly
DOI:
关键词: Market value 、 Economics 、 Empirical evidence 、 Financial economics 、 Equity (finance) 、 Accounting
摘要: … our finding that legal penalties are important in disciplining environmental violations. Not … legal penalty, but in the cross section, the share value loss is related to the legal penalty at the …
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