ENVIRONMENTAL PERFORMANCE INDICATORS AND EXECUTIVE-EMPLOYEE RISK SHARING

A principal-agent approach is used to address issues of environmental risk sharing within a firm. The principal (top management), fearing penalties for environmental damages, wants to avoid environmental harm and induce the agent (employee manipulating hazardous materials) to take appropriate actions to achieve due diligence.

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Year of publication:	1999
Authors:	Goldsmith, Peter D. ; Basak, Rishi
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Agribusiness \| Environmental Economics and Policy

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Extent:	application/pdf
Series:	1999 Annual meeting, August 8-11, Nashville, TN.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1999 Annual meeting, August 8-11, Nashville, TN Number 21546
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005806443