Electronic Commerce Research, Journal Year: 2024, Volume and Issue: unknown
Published: Oct. 8, 2024
Language: Английский
PLoS ONE, Journal Year: 2024, Volume and Issue: 19(1), P. e0297851 - e0297851
Published: Jan. 30, 2024
This study used the entropy weight method to develop an index of green transition and empirically examined influence analyst coverage on transitions by manufacturing enterprises in China. We A-share listed firms from 2010–2020, using patent data, media reports Chinese Research Data Services, other data Cathay Capital Database. After excluding cases with missing our final sample comprised 16,576 observations. The following conclusions were drawn. First, significantly contributed transition. Second, analysis impact mechanism showed that improving information transparency, weakening principal-agent conflict, increasing environmental legitimacy pressure are paths through which affects manufacturing’s corporate Third, effect was stronger for large-scale state-owned companies.
Language: Английский
Citations
4
Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(20), P. 29472 - 29496
Published: April 5, 2024
Language: Английский
Citations
3
Heliyon, Journal Year: 2024, Volume and Issue: 10(6), P. e27841 - e27841
Published: March 1, 2024
Green technology transformation is crucial for China to achieve its carbon peak and neutrality goals. We use green keywords extracted from the annual reports of listed firms construct a intensity index enterprises investigate impact on corporate financial constraints. Our findings indicate that significantly mitigates constraints, with subsidies debt financing as mechanisms. Moreover, this effect particularly pronounced in high-carbon-intensity industries, fewer political connections, affected by trading pilot. Additionally, digital transformations have synergistic alleviating Therefore, we should promote guide finance serve real economy, effectively solve dilemma enterprises, provide strong kinetic energy sustainable development.
Language: Английский
Citations
1
Sustainability, Journal Year: 2023, Volume and Issue: 15(13), P. 10390 - 10390
Published: June 30, 2023
In the international context of pursuing green development, a good connection between production and consumption ends is necessary condition for forming diversified governance interaction system. The academic community has conducted in-depth discussions on behavior among enterprises public. However, few studies have focused docking process subjects. Therefore, this paper takes Chinese participants as an example to design game experiment, considering role government regulation. From dynamic, interactive perspective, it explores motivation public enterprises, well effectiveness subsidies. research results indicate that: (i) willing burden premium which significant differences in substantive symbolic behavior. (ii) scenarios, purchasing information can be transmitted but reverse path not yet been verified. (iii) Government subsidies strong incentive effect (iv) There are impact environmental awareness behavior, there no difference enterprises. conclusion provides theoretical support study enterprise behavioral variables practical basis management governance. This will facilitate construction systematic effective framework, thereby promoting coordinated development entities.
Language: Английский
Citations
4
Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(31), P. 43798 - 43811
Published: June 22, 2024
Language: Английский
Citations
1
Frontiers in Environmental Science, Journal Year: 2024, Volume and Issue: 12
Published: Sept. 20, 2024
The green transformation of heavy-polluting enterprises under the carbon peaking and neutrality goals needs escort command environmental regulation. This paper takes first round Central Environmental Protection Inspection as a natural experiment, reflecting degree through environmental, social, governance (ESG) level enterprises. Taking Chinese A-share listed companies in Shanghai Shenzhen from 2010 to 2022 research object, dual machine learning model is used determine whether this system can improve ESG promote their transformation. Using model, it found that enhance Mechanism analyses show promotes by enhancing innovation capability, safeguarding rights interests upstream downstream supply chain actors, diligence, thus encouraging assume responsibilities. It also at macro-policy level, with migration inspection area west strengthening local governance, micro-firm higher digitization larger size assets, deeper effect on further spillover within industries strengthens positive compared inter-industry.
Language: Английский
Citations
1
Frontiers in Sustainability, Journal Year: 2024, Volume and Issue: 5
Published: Sept. 26, 2024
Research background and significance As China's economy continues its rapid expansion, the issue of environmental degradation has escalated, particularly within industries with significant impact, such as steel, chemical, pharmaceutical sectors. These sectors are confronted profound social responsibility challenges. The development robust Environmental, Social, Governance (ESG) systems therefore become essential for improving performance, meeting responsibilities, optimizing corporate governance structures. This study investigates impact ESG system implementation on financial performance enterprises these environmentally impactful industries, offering a scientific foundation practical guidance leaders policymakers to facilitate green transformation sustainable development. Methods data research integrates empirical analysis case studies, employing dataset 2,376 observations from 792 listed companies spanning period 2019 2021. data, sourced Wind database, were analyzed using multiple regression techniques. findings reveal positive relationship between overall scores measured by Return Equity (ROE) Assets (ROA). All three dimensions—environmental (E), (S), (G)—exhibit impacts performance. Furthermore, factors company size growth rate positively correlated whereas leverage ratio is negatively correlated. To further substantiate findings, Hunan Valin Steel Co., Ltd. was conducted. Results conclusions this demonstrate that substantially enhances characterized impacts. Specifically, investments in protection led greater resource utilization efficiency, initiatives foster enhanced employee productivity customer loyalty, strong improves management structures decision-making processes. reinforces results, illustrating comprehensive framework not only helps achieve their objectives but also markedly outcomes. provides evidence actionable recommendations along support informed policymaking.
Language: Английский
Citations
1
NURTURE, Journal Year: 2024, Volume and Issue: 18(2), P. 328 - 339
Published: Feb. 15, 2024
Purpose: Low-carbon and green technologies are crucial for achieving industrial structure upgrades significant leaps forward in the development of energy enterprises. Therefore, this paper examines correlation between carbon emission reduction financial performance firms. Design/Methodology/Approach: A two-way fixed-effects model is developed using data from 33 Chinese energy-listed companies 2015 2020. Findings: The benchmark regression results show that improving a company's leads to better performance. Moreover, assuming corporate responsibility reducing emissions can boost companies' reputations foster relationships with stakeholders. trustworthiness standard outcome validated through alternative independent variables, time frames, incorporating previously omitted factors. heterogeneity analyses has same effect on across all regional characteristics equity subgroups. Furthermore, internal transmission mechanism analysis reveals female leadership positively moderates effect, while financing constraints negatively moderate relationship performance. Conclusion: Under national strategy neutrality peaking, information disclosure system should be improved by government; enterprises implement innovative methods low-carbon economic management operation; regulators establish effective regulations, incentives, constraints. This offers comprehensive guide their stakeholders reduce emissions, thereby sustainability.
Language: Английский
Citations
0
Journal of Asian Economics, Journal Year: 2024, Volume and Issue: 95, P. 101835 - 101835
Published: Oct. 30, 2024
Language: Английский
Citations
0
Empirical Economics, Journal Year: 2024, Volume and Issue: unknown
Published: Dec. 18, 2024
Language: Английский
Citations
0