Mark A. Cohen

TL;DR: This paper found that bad environmental performance is negatively correlated with the intangible asset value of firms, and that legally emitted toxic chemicals have a significant effect on the intangible assets of publicly traded companies.

TL;DR: In this article, the authors employ panel data models to study how environmental innovation by US manufacturing industries responded to changes in pollution abatement expenditures and regulatory enforcement during the period 1983 through 1992.

TL;DR: The authors provides an overview of the key theoretical and empirical insights into the Porter Hypothesis, draws policy implications from these insights, and sketches out major research themes going forward, as well as highlights the major research topics going forward.

TL;DR: The authors examined firm behavior in response to disclosures of toxic release inventory (TRI) emissions and found that firms with the largest stock price decline on the day this information became public subsequently reduced emissions more than their industry peers, consistent with the view that financial markets may provide strong incentives for firms to change their environmental behavior.

TL;DR: The authors provides an overview of the key theoretical and empirical insights into the Porter Hypothesis, draws policy implications from these insights, and sketches out major research themes going forward, as well as highlights the major research topics going forward.