The Accounting Review Vol. 55 No. 1 1980
Comments: The Relationship Between Pollution Control Record and Financial Indicators Revisited.
Abstract
The article comments on a study about the relationship of pollution indices to financial indicators in stock investment decisions. The five financial indicators used were profitability, size, total risk, systematic risk, and price/earnings ratio. The study showed that the evidence presented rests on spurious relationships created through one or more intervening variables. An outline on constructing a model, based upon statistical relationships, is also presented. The relationship among size, pollution control and other financial characteristics is illustrated.
- DOI
- 10.2308/tar-4511759
- Volume
- 55
- Issue
- 1
- Pages
- 168-177
- Language
- en
- Sources
- openalex crossref