ABSTRACT We study how environmental innovation shapes investor expectations. We propose two mechanisms through which sustained improvements in environmental innovation may influence these expectations: non‐pecuniary investor preferences and risk mitigation.
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The celerity and efficiency crisis has been visible particularly in commercial law. The negative effects of this poor condition of commercial law are more visible in countries of the Central and Eastern Europe, where the above-mentioned aspect and the inappropriate specialization of the judicial staff, the unsatisfactory condition of logistics and ...
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