Administrative Approval Reform and Firm Green Innovation: Evidence From China

Managerial and Decision Economics, Journal Year: 2025, Volume and Issue: unknown

Published: March 11, 2025

ABSTRACT This study investigates the impact of China's administrative approval reform on firm green innovation using a difference‐in‐differences (DID) approach with data from 24,981 firm‐year observations Chinese listed manufacturing firms 2000 to 2023. The reform, characterized by establishing centers, significantly enhances innovation, as measured number patent applications. Robustness checks, including alternative measures and instrumental variable analysis, confirm positive effect. Mechanism tests reveal that primarily promotes alleviating financing constraints, rather than enhancing market competition or curbing management short‐termism. findings underscore importance reducing institutional transaction costs easing constraints foster thereby offering insights for policymakers promote sustainable development through reforms.

Language: Английский

Key drivers shaping green investment decisions

IOP Conference Series Earth and Environmental Science, Journal Year: 2025, Volume and Issue: 1438(1), P. 012064 - 012064

Published: Jan. 1, 2025

Abstract Environmental awareness is explored to understand how this drives the demand for greener investments among both institutional and individual investors. Making green investment decisions involves a comprehensive evaluation of environmental, social, governance factors associated with potential investment. In Indonesia, women are involved in financial decision-making within household, such as savings, investment, debt repayment. Our research aims identity analyse determinants that drive We using framework examines role behavioural demographic characteristics understanding behavioural. determine overconfidence herd behaviours. Meanwhile, we use age, education level, experience factors. Data was collected from 120 respondents civil servants’ wives Klaten Central Java Province Indonesia. For data analysis, employ partial least square (PLS) SmartPLS software application. Through quantitative assessment, our study finds overconfidence, level enhance decision, while diminish decision. Furthermore, cannot find any evidence herding behaviour income have an impact on

Language: Английский

Technical independent director–CEO friendliness and enterprise dual innovation: evidence from China

Applied Economics, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 15

Published: Feb. 27, 2025

Language: Английский