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Published in 2019 at "Journal of Economics and Business"
DOI: 10.1016/j.jeconbus.2018.08.003
Abstract: Abstract This study examines the impact of a firm’s polluting activities (measured as environmental inefficiency) on the firm’s bond credit rating. We posit that firms with excessive polluting activities (i.e., a high level of environmental…
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Keywords:
environmental inefficiency;
credit rating;
bond;
bond credit ... See more keywords