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DO CORPORATE GLOBAL ENVIRONMENTAL STANDARDS CREATE OR DESTROY MARKET VALUE?

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Figure

Table I: Means and correlations for the dependent and independent variables   Mean
Table III: Piece-wise linear regression of Tobin's q on Environmental Standards  and Control Variables
Table IVb: Residual for Environmental Standards regressed on lagged residuals of Tobin’s q and of  Environmental Standards
Table A1: Means and t-test for Relative Emissions

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