How does smog affect firms’ investment behavior? A natural experiment based on a sudden surge in the PM2.5 index
Sign Up to like & getrecommendations! Published in 2017 at "China journal of accounting research"
DOI: 10.1016/j.cjar.2017.09.001
Abstract: Abstract This study examines the effect of environmental regulations on the investment behavior of high-polluting enterprises. Our data are from A-share listed firms in China from 2006 to 2014. We use a sudden surge in… read more here.
Keywords: investment behavior; investment; natural experiment; sudden surge ... See more keywords