ESG performance and green innovation of Chinese enterprises: Based on the perspective of financing constraints DOI
Wanyu Zhang, Yan Zha,

Fansheng Meng

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 370, P. 122955 - 122955

Published: Oct. 17, 2024

Language: Английский

From traditional innovation to green innovation: How an occurrence of natural disasters influences sustainable development? DOI
Yan Ma,

Gen‐Fu Feng,

Chun‐Ping Chang

et al.

Sustainable Development, Journal Year: 2023, Volume and Issue: 32(3), P. 2779 - 2796

Published: Nov. 7, 2023

Abstract With the high incidence of extreme events, it is important to examine how occurrence natural disasters influences long‐term sustainable development. We give evidence from changing process innovation. Using data OECD countries 1985 2018, we conclude that environmental threats drive pay more attention development and promote change innovation type traditional green Moreover, for different types disasters, volcanic activities, landslides, floods show a positive influence, while epidemics dampen it. Based on sub‐sample analysis, this impact pronounced in with levels economic development, oil exports right‐wing parties power. Furthermore, renewable energy consumption acts as moderator, moderating effects government efficiency, corruption globalization are inhibiting. Our paper provides new insights into disaster economics

Language: Английский

Citations

50

Does national ESG performance curb greenhouse gas emissions? DOI Creative Commons
Han Long,

Gen‐Fu Feng

Innovation and Green Development, Journal Year: 2024, Volume and Issue: 3(3), P. 100138 - 100138

Published: Feb. 16, 2024

Balancing economic growth and carbon emissions is crucial for managing irreversible climate change. We investigate the impact of national ESG performance on greenhouse gas explores role environmental policy stringency this impact. Based panel data 41 countries from 1990 to 2020, we found that improving effectively suppressed emissions, played a decisive role. Improving social may increase but governance has no significant Environmental strengthened suppression by performance, effect more evident in OECD countries. Heterogeneity analysis shows reverses stimulus its joint with reduces emissions. Our findings provide empirical evidence understanding relationship between valuable insights effective policymaking.

Language: Английский

Citations

32

The impact of firm's ESG performance on the skill premium: Evidence from China's green finance reform pilot zone DOI
Dongyang Zhang, Cao Wang,

Shan Miao

et al.

International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: 93, P. 103213 - 103213

Published: March 16, 2024

Language: Английский

Citations

30

Does aging affect renewable energy? The role of extreme events and economic development DOI

Bo Sui,

Susan Sunila Sharma, Liuyang Yao

et al.

Energy Economics, Journal Year: 2024, Volume and Issue: 133, P. 107491 - 107491

Published: March 24, 2024

Language: Английский

Citations

29

The impact of energy security on energy innovation: a non-linear analysis DOI
Yan Ma,

Gen‐Fu Feng,

Chun‐Ping Chang

et al.

Applied Economics, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 21

Published: Feb. 25, 2024

Energy security is an important guarantor of national development, while energy innovation endogenous driver sustainable development. This paper examines the impact on innovation, which has strategic implications. Using original data from 66 countries for 1996–2019, we construct two-way fixed effects models empirical analysis. The results show that there a potential non-linear effect and this shows U-shape. In terms influence mechanisms, U-shaped propagated through policy as mediating mechanism. Furthermore, left-wing parties in power have stronger effects, increasing government stability decreasing financial risk correlation between innovation. provides new insights into understanding offers targeted recommendations.

Language: Английский

Citations

27

Quantity and quality: The impact of environmental, social, and governance (ESG) performance on corporate green innovation DOI
Hua Zhang, Jie Lai, Shuijing Jie

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 354, P. 120272 - 120272

Published: Feb. 22, 2024

Language: Английский

Citations

22

CSR from different perspectives: The global ESG indexes updated DOI

Ping‐Chuan Jiang,

Gen‐Fu Feng,

Hai‐Jie Wang

et al.

Corporate Social Responsibility and Environmental Management, Journal Year: 2024, Volume and Issue: 31(5), P. 4694 - 4714

Published: April 29, 2024

Abstract The prevailing environmental, social and governance (ESG) framework is currently based on micro‐ESG indicators. Research national ESG often limited to theory building policy analysis. Based previous scholars, this paper constructs a index consisting of 39 indices updates the for 121 countries worldwide from 1990 2021 using entropy weight method, aiming provide set instrumental that capture status evolution performance. research findings are as follows: First, Gini coefficient shows gap between performance has gradually widened over time. Second, kernel density distribution suggests global rise. High‐income placing greater emphasis growth. Third, results Markov transformation matrix suggest there “club convergence” in across countries.

Language: Английский

Citations

20

Environmental, social, and governance performance and enterprise sustainable green innovation: Evidence from China DOI
Haibo Sun, Tonghuan Bai, Youqing Fan

et al.

Corporate Social Responsibility and Environmental Management, Journal Year: 2024, Volume and Issue: 31(4), P. 3633 - 3650

Published: March 1, 2024

Abstract Sustainable development is a common model pursued by countries around the world. The environmental, social, and governance (ESG) concept has garnered significant interest across industries globally. This study extends on existing research (Fang & Hu, 2023), from perspective of innovation sustainability, investigates impact ESG performance enterprise sustainable green (SGI). For data 1140 Chinese A‐share listed enterprises 2009 to 2019, estimated result shows that coefficient 0.6640 ( p < 0.05). means advantages significantly promote SGI. And environmental dimension bigger promoting effect. SGI positive for growth maturity stages, state‐owned, non‐heavy pollution industry enterprises. Green investor subsidy are important ways affect In addition, executive protection experience moderates relationship between in beneficial way. proposes government agencies should implement differentiated regulation measures can increase their reliance stakeholders social resources acquire additional resources. Theoretical practical implications this contribute enhancement

Language: Английский

Citations

17

ESG disclosures, green innovation, and greenwashing: All for sustainable development? DOI
Yan Ma,

Gen‐Fu Feng,

Zhujia Yin

et al.

Sustainable Development, Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 30, 2024

Abstract As stakeholder concerns about corporate sustainability intensify, greenwashing—where companies deceptively report their environmental performance for short‐term economic gain—poses a significant threat to long‐term sustainability, making it crucial explore effective ways curb this practice. Using data from 1,270 Chinese listed 2009 2019, study constructs two‐way fixed effects and moderating models the role of green innovation in curbing greenwashing. Green not only reduces incentives greenwashing, but also makes genuine contribution protection, thus promoting “win‐win” scenario both development. Moreover, positive impact on greenwashing can be significantly amplified by easing financial constraints enhancing firms’ risk‐taking capabilities foster stable environment, as well strengthening governance structure through increased gender diversity background among managers. Heterogeneity tests show that pathway is particularly with heavy pollution higher performance. The research findings help formulate more management strategies incentive mechanisms reduce achieve sustainable

Language: Английский

Citations

17

Corporate green innovation in an aging population: Evidence from Chinese listed companies DOI Creative Commons
Jichuan Sheng, Rui Ding,

Hongqiang Yang

et al.

Technological Forecasting and Social Change, Journal Year: 2024, Volume and Issue: 202, P. 123307 - 123307

Published: March 1, 2024

The labor shortage triggered by the deepening population aging poses an ongoing challenge to corporate green innovation activities. However, may also force companies improve governance, benefiting existing literature on influences of activities is extremely limited. To respond research gaps, this study develops a theoretical framework aging-green (PA-GI) that considers role Environmental, Social, and Governance (ESG) changes in industrial structure. After that, scrutinizes how affects through case Chinese listed companies. This argues boosts ESG performance, such pro-environmental initiatives support Moreover, promotes structure, which can encourage Finally, regions with high environmental regulation intensity degree digitization are most likely experience benefits

Language: Английский

Citations

16