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Home > Reports and Documents > Pushing lenders to over-comply with environmental regulations: a developing country perspective > Pushing lenders to over-comply with environmental regulations: a developing country perspective

Pushing lenders to over-comply with environmental regulations: a developing country perspective [1]

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

Publication Date: 
01/04/2009
Parashar Kulkarni [2]
Centre for Development Finance [3]
Tags:
Environment [4], Industry [5], Multinational Corporations (MNCs) [6], NGO [7], Developing Countries [8], Precautionary Principles [9]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/pushing-lenders-over-comply-environmental-regulations-developing-country

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