Is the Financial Market a Mechanism for Environmental Overcompliance?
Climate change legislation is financially and politically costly. Financial markets have the capacity to encourage companies to do more than what is required by law (i.e. overcomply), and this could lead to socially optimal outcomes without the costs. First, I examine how the responses of Canadia...
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| Language: | en_ca |
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2012
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| Online Access: | http://hdl.handle.net/1807/32759 |
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