haku: @indexterm capital markets / yhteensä: 931
viite: 309 / 931
| Tekijä: | Lanoie, P. Laplante, B. Roy, M. |
| Otsikko: | Can capital markets create incentives for pollution control? |
| Lehti: | Ecological Economics
1998 : JUL, VOL. 26:1, p. 31-41 |
| Asiasana: | CAPITAL MARKETS INCENTIVES POLLUTION CONTROL |
| Kieli: | eng |
| Tiivistelmä: | Upon trading-off the costs and benefits of pollution control, profit-maximizing firms may choose not to invest their resources in pollution abatement since the expected penalty imposed by regulators falls considerably short of the investment cost. Regulators have recently embarked on a deliberate strategy to release information to markets regarding firms' environmental performance in order to enhance incentives for pollution control. This paper analyses the role that capital markets may play to create such incentives. |
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