We study the asset market for pollutive plants. Firms divest pollutive plants in response to
environmental pressures. Buyers are firms facing weaker environmental pressures that have …

This paper shows that private equity (PE) ownership, in private-to-private buyouts, leads to a
reduction in pollution when the target company faces high potential liabilities for polluting …

This paper examines whether CEOs react to personal experience with global warming.
Using a difference-in-differences setting, we find that CEOs' exposure to abnormally hot …

This paper investigates how the environmental liability of lenders affects debtors' behavior. I
use US Census Bureau micro-data and the passage of the Lender Liability Act as a novel …

The sources of financing for a firm can influence its environmental ethics. This study shows
that traditional debt financing is associated with more pollution. Specifically, after issuing …

We study the environmental impact of green innovations by combining detailed firm-level
toxic release data with patent-level measures of environmental technologies. To address the …

The Department of Justice and the US Environmental Protection Agency (EPA) today (July
27, 2016) announced a settlement with Cemex Inc., under which the company will invest …

We examine the causal effect of politicians' partisan ideologies on firms' industrial pollution
decisions. Using a regression discontinuity design involving close US congressional …

We examine how financing choices affect the amount of pollution emitted by a firm. Servicing
debt can be a higher priority for borrowers than protecting their environment. Indeed, we find …

We examine the effect of a local CEO (ie, the CEO's state of origin is the same as his/her
firm's headquarter states) on a firm's strategic capacity choices and the resulting cost …