After weighing the costs and benefits of pollution control, profit-maximizing firms sometimes choose not to invest in pollution abatement because the penalty they expect regulators to impose for noncompliance falls short of the cost of abatement. To improve incentives for pollution control, regulators have recently embarked on a strategy to release information to communities and markets (investors and consumers) about firms' environmental performance...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1997/04/30
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Рабочий документ в рамках исследования вопросов политики
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WPS1753
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1
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1
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2010/07/01
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Can capital markets create incentives for pollution control?
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environmental performance
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Официальная версия документа (может содержать подписи, и т.д.)