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SHORT-RUN AND LONG-RUN IMPLICATIONS OF ENVIRONMENTAL REGULATION ON FINANCIAL PERFORMANCE.

Opposing theoretical arguments exist regarding the effect of environmental regulation on financial performance. Some studies argue that environmental regulation constrains firms' abilities to exploit revenue-enhancing or cost-reducing opportunities. Other studies, representing the Porter hypothesis,...

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Published in:Contemporary Economic Policy Vol. 29; no. 3; pp. 357 - 374
Main Authors: RASSIER, DYLAN G., EARNHART, DIETRICH
Format: Article
Published: Wiley-Blackwell Jul2011
Subjects:
Environmental regulations
Government business enterprises
Financial performance
Business revenue
Cost control
Hypothesis
Chemical industry
Industrial wastes
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