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What is Impact of Shareholder Litigation on Carbon Emissions about?

This study examines the impact of shareholder litigation rights on corporate carbon emissions, finding that a reduction in these rights, due to the implementation of Universal Demand laws, is associated with a significant 19% decrease in emissions. The findings suggest that companies are more likely to reduce carbon emissions when shielded from shareholder lawsuits, supporting theories of stakeholder and corporate legitimacy. The research highlights the importance of evaluating environmental regulations and

Author

Linh

Language

EN