Journal of Environmental Planning and Management,
Journal Year:
2024,
Volume and Issue:
unknown, P. 1 - 27
Published: Jan. 2, 2024
Macroeconomic
policies
profoundly
affect
companies'
behavior.
Data
on
China's
Economic
Policy
Uncertainty
(EPU)
Index
and
A-share
listed
companies
from
2007
to
2019
were
selected
investigate
the
impact
of
EPU
corporate
green
innovation
(GI).
We
find
that
(i)
promotes
both
substantive
(SUGI)
strategic
(STGI).
(ii)
Property
rights,
government
subsidies
(GSs),
industry
competition,
type
have
significant
moderating
effects
promotion
GI.
(iii)
GI
by
forcing
increase
R&D
investment
personnel.
(iv)
The
has
a
threshold
effect
cash
flow
volatility
(CFV).
Our
findings
provide
reference
for
further
guiding
enterprises
during
frequent
economic
policy
changes.
China Finance Review International,
Journal Year:
2023,
Volume and Issue:
14(1), P. 103 - 121
Published: Aug. 26, 2023
Purpose
As
an
effective
tool
to
promote
rational
resource
allocation
and
facilitate
the
development
of
green
management
practices
such
as
enterprise
digital
innovation,
credit
policy
has
recently
gained
extensive
attention.
The
purpose
this
paper
is
analyze
relationship
between
policies
innovation
enterprises,
further
explore
mechanism
action
them
their
boundary
conditions.
Design/methodology/approach
Based
on
micro-level
data
Chinese
firms
from
2007
2019,
constructs
a
difference-in-differences
(DID)
model
investigate
impact
intrinsic
mechanisms
firms'
its
conditions,
with
help
quasi-natural
experiment,
i.e.
Green
Credit
Guidelines.
Findings
inhibit
fail
compensate
for
innovation.
analysis
shows
that
implementation
negative
by
increasing
financing
constraints
faced
firms,
also
crowding-out
effect
R&D
investment,
resulting
in
disincentive
Further
reveals
more
pronounced
state-owned
enterprises
without
financially
experienced
executives,
eastern
regions
China.
Originality/value
This
study
provides
empirical
evidence
understand
effectiveness
influence
providing
basis
improve
policies.
Business Strategy and the Environment,
Journal Year:
2023,
Volume and Issue:
33(3), P. 1920 - 1936
Published: Sept. 27, 2023
Abstract
The
objective
of
this
study
is
to
examine
the
impact
government
environmental
concerns
on
green
innovation
and
whether
has
a
“leverage
effect”
or
“crowding‐out
effect.”
This
employs
two‐way
fixed‐effects
model
conduct
an
empirical
test
using
panel
data
from
2010
2020
Chinese
firms
listed
in
heavy‐polluting
industries.
results
suggest
that
increase
can
promote
corporate
innovation.
However,
primarily
stimulate
strategic
rather
than
substantive
After
series
robustness
endogeneity
tests,
conclusions
paper
still
hold.
Corporate
induced
by
not
superimposed
existing
activities
but
other
technological
heterogeneity
tests
indicate
more
pronounced
for
with
poorer
conditions,
stronger
political
connections,
richer
executive
backgrounds.
Corporate Social Responsibility and Environmental Management,
Journal Year:
2024,
Volume and Issue:
31(4), P. 2953 - 2976
Published: Feb. 3, 2024
Abstract
When
the
environmental
performance
is
below
aspiration,
will
firms
make
substantive
changes?
In
order
to
answer
this
question,
based
on
behavioral
theory
of
firm,
paper
examines
impact
negative
feedback
green
innovation
(GI)
and
its
influencing
mechanism.
It
found
that
induces
GI,
which
positively
moderated
by
external
regulations
(i.e.,
government
regulation
public
concern)
internal
incentive
executive
equity
incentive).
Media
pressure
risk
preference
act
as
mediators
in
above
promotion
effect.
Heterogeneity
analysis
shows
effect
well
moderating
effects
are
more
pronounced
private
firms,
while
state‐owned
firms.
Furthermore,
after
ESG
rating
event
SynTao
Green
Finance
Agency.
This
offers
new
sights
into
understanding
motives
GI
policy
suggestion
for
promoting
achieve
sustainable
development.
Sustainability,
Journal Year:
2024,
Volume and Issue:
16(6), P. 2588 - 2588
Published: March 21, 2024
Green
innovation
is
a
new
approach
to
achieving
sustainable
social
development.
Examining
whether
firms
can
reap
the
rewards
of
this
costly
and
risky
endeavor
essential
assessing
they
sustainably
adhere
green
strategy.
This
study
was
conducted
on
sample
Chinese
A-share-listed
from
2010
2021
employed
two-way
fixed-effects
approach.
We
found
that
substantive
strategic
innovations
significantly
impact
firms’
financial
environmental
performance.
Specifically,
leads
significant
improvement
in
performance,
while
weakens
performance;
both
types
lead
with
being
more
effective
regard
compared
innovation.
Moreover,
our
heterogeneity
analyses
showed
has
weaker
effect
improving
performance
state-owned
enterprises
(SOEs)
regions
higher
government
concerns;
similarly,
SOEs,
detrimental
The
findings
provide
substantial
evidence
for
promoting
transformation
upgrading
enterprises.
