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The Economic Impact of Capital Expenditures: Environmental Regulatory Delay as a Source of Competitive Advantage?

  1. Carolyn Wirth*,
  2. Jing Chi,
  3. Martin Young†

Article first published online: 16 JAN 2013

DOI: 10.1111/jbfa.12009

Issue

Journal of Business Finance & Accounting

Journal of Business Finance & Accounting

Volume 40, Issue 1-2, pages 115–141, January/February 2013

Additional Information

How to Cite

Wirth, C., Chi, J. and Young, M. (2013), The Economic Impact of Capital Expenditures: Environmental Regulatory Delay as a Source of Competitive Advantage?. Journal of Business Finance & Accounting, 40: 115–141. doi: 10.1111/jbfa.12009

Author Information

  1. Massey University, Palmerston North, New Zealand

  1. †

    The paper is based upon research done by Carolyn Wirth for her PhD dissertation at Massey University, supervised by Professor Martin Young and Dr Jing Chi. The authors gratefully acknowledge the valuable comments of Andrew Stark (editor), an anonymous referee, Dennis Olson, Jenni Bettman, and participants at the following meetings: Massey University School of Economics & Finance Seminar 2010, the 15th New Zealand Finance Colloquium 2011, the 2011 FMA Asian Conference and the 2nd Finance and Corporate Governance Conference 2011. All mistakes remain our own.

*Address for correspondence: Carolyn Wirth, School of Economics and Finance, Massey University, Private Bag 11–222, Palmerston North 4442, New Zealand. e-mail: C.G.Wirth@massey.ac.nz

  1. †

    The paper is based upon research done by Carolyn Wirth for her PhD dissertation at Massey University, supervised by Professor Martin Young and Dr Jing Chi. The authors gratefully acknowledge the valuable comments of Andrew Stark (editor), an anonymous referee, Dennis Olson, Jenni Bettman, and participants at the following meetings: Massey University School of Economics & Finance Seminar 2010, the 15th New Zealand Finance Colloquium 2011, the 2011 FMA Asian Conference and the 2nd Finance and Corporate Governance Conference 2011. All mistakes remain our own.

Publication History

  1. Issue published online: 25 FEB 2013
  2. Article first published online: 16 JAN 2013
  3. Manuscript Accepted: NOV 2012
  4. Manuscript Received: MAY 2011

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