In the past few years, the number of lenders adopting voluntary environmental codes, such as the Equator Principles, is increasing. The main reasons for this form of over-compliance
include warm glow preferences of agents, credit risk and incentives arising from regulation. Empirical evidence suggests that lenders that over-comply are generally bigger than those
that don
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/pushing-lenders-over-comply-environmental-regulations-developing-country
[2] http://admin.indiaenvironmentportal.org.in/category/author/parashar-kulkarni
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/centre-development-finance
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/environment
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/multicorporations
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ngo
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/developing-countries
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/precautionary-principles