Environmental Information Provision, Market Valuation, and Firm Incentives: An Empirical Study of the Japanese PRTR System.

The environmental performance of a listed firm could affect its level of investment in pollution prevention and its access to financial markets. Previous studies using Tobin's q that explore market response to environmental performance do not distinguish between the impact of performance on investme...

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Bibliographic Details

Published in:	Land Economics Vol. 86; no. 2; pp. 382 - 394
Main Authors:	Hibiki, Akira, Managi, Shunsuke
Format:	Article
Published:	University of Wisconsin Press May 2010
Subjects:	Business & the environment Information theory in economics Valuation Mathematical models
Online Access:	View this record in EBSCOhost