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001 | 8110418242310 | ||
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005 | 20190211164438.0 | ||
008 | 081104s2008 xx ||||gr |0|| 0 eng d | ||
100 | 1 |
_aSHARFMAN, Mark P. _935757 |
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245 | 1 | 0 | _aEnvironmental risk management and the cost of capital |
260 |
_aChichester, UK : _bJohn Wiley, _cJune 2008 |
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520 | 3 | _aOur study of 267 U.S. firms shows that improved environmental risk management is associated with a lower cost of capital. Our findings provide an alternative perspective on the environmental-economic performance relationship, which has been dominated by the view that improvements in economic performance stem from better resource utilization. Firms also benefit from improved environmental risk management through a reduction in their cost of equity capital, a shift from equity to debt financing, and higher tax benefits associated with the ability to add debt. These findings help build better theory regarding the outcomes of strategic improvements in environmental risk management | |
700 | 1 |
_aFERNANDO, Chitru _935758 |
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773 | 0 | 8 |
_tStrategic Management Journal _g29, 6, p. 569-592 _dChichester, UK : John Wiley, June 2008 _xISSN 01432095 _w |
942 | _cS | ||
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_a20081104 _b1824^b _cTiago |
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998 |
_a20081105 _b1717^b _cTiago |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c27757 _d27757 |
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041 | _aeng |