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Firm Ownership and Pollution

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NBER2025-09-01 更新2025-09-13 收录
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https://www.nber.org/papers/w34203
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资源简介:
We provide a theoretical micro foundation for how much pollution (negative externalities) a firm will internalize based on the ownership distribution of its shareholders. Small shareholders, compared to large ones, want the firm to spend more on avoiding pollution since they suffer less profit loss
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2025-09-01
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