Precision and manipulation of non‐financial information: the curious case of environmental liability

HIGHLIGHTS

  • who: Grahn and Aline from the The University of Sydney have published the Article: Precision and Manipulation of Non‐financial Information: The Curious Case of Environmental Liability, in the Journal: (JOURNAL) of 13/Oct/2003
  • what: Note that it is not the aim of this paper to develop an optimal compensation contract, but rather to analyze the impact of EPI characteristics on pollution reduction incentives under different liability regimes in as realistic as possible settings. The main analysis focuses on managers' efforts to reduce companies' environmental pollution. Since it is not the aim of this . . .

     

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