IMPACT OF POLLUTION CONTROL REGULATIONS ON THE MARKET RISK OF SECURITIES IN THE U.S.

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Abstract
The purpose of this paper is to examine the effects of the recent water and air pollution control legislation in the United States upon the market risk of the firms in the most directly affected industries, such as chemicals, electric utilities, iron and steel, petroleum, non‐ferrous metals and textiles, during the period 1953–75.

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