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Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2020.101455
Abstract: Abstract We employ the Panel Smooth Transition Regression model to explore the non-linear relationship between environmental performance and financial performance. Our main purpose is to ask to the longstanding question ‘when it pays to be…
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Keywords:
smooth transition;
environmental performance;
performance;
panel smooth ... See more keywords