Impact and mechanism analysis of bank agglomeration on high-growth enterprise carbon intensity: evidence from China DOI Creative Commons

Ling Xu,

Danning Lu,

Jianxun Shi

et al.

Frontiers in Environmental Science, Journal Year: 2024, Volume and Issue: 12

Published: Oct. 24, 2024

Financial agglomeration contributes to energy efficiency improvement and carbon emission reduction, but more micro-level evidence is needed further support it. Based on the data of high-growth enterprises bank branches in China using panel regression analysis, this study examines impact intensity enterprises. The results suggest that facilitates reduction Specifically, significantly reduces non-state-owned enterprises, while it has no significant effect state-owned Compared with commercial banks small banks, joint-stock strongest promoting enterprise reduction. Bank a particularly high-energy-consuming industries high-polluting industries. Mechanism analysis shows by innovation, changing structure, mitigating financial constraint. These findings carry important policy implications, suggesting policymakers should leverage as tool for sustainable development.

Language: Английский

Does Fintech improve the carbon reduction effect of green credit policy? Evidence from China DOI
Junjie Wan, Zihan Niu, Bin Li

et al.

Economic Analysis and Policy, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 1, 2025

Language: Английский

Citations

2
The Impact of the River Chief System on Corporate ESG Performance: Evidence from China DOI Open Access
Lan Mu, Chuanzhen Zhang,

Haoying Liu

et al.

Water, Journal Year: 2025, Volume and Issue: 17(2), P. 265 - 265

Published: Jan. 18, 2025

This paper takes the implementation of River Chief System (RCS) as a case study representing government-led environmental governance policies. Based on sample 11,654 observations Chinese A-share-listed companies spanning years 2009 to 2021, it empirically examines effect RCS corporate Environmental, Social, and Governance (ESG) performance macro- micro-mechanisms utilizing staggered Difference-in-Differences (DID) model, controlling for companies’ financial organizational structure characteristic variables, cities’ economic firm-year two-way fixed effects. The results indicate that significantly enhances ESG performance, conclusion supported by various robustness checks such parallel trend test placebo test. Further investigation reveals implementing RCS, at micro level, boosts green technology innovation, increases protection investment, and, macro heightens public attention, thus improving performance. Heterogeneity analysis finds has more pronounced impact enhancing enterprises in central western regions China, state-owned enterprises, with political connections, mature declining stages. These research findings this provide valuable insights local governments seeking enhance enrich frameworks, facilitate transformation.

Language: Английский

Citations

1
Integrating ESG Principles into Smart Logistics: Toward Sustainable Supply Chains DOI

Leogrande Angelo

Published: Jan. 1, 2025

Download This Paper Open PDF in Browser Add to My Library Share: Permalink Using these links will ensure access this page indefinitely Copy URL DOI

Language: Английский

Citations

0
Is digital-green synergy the future of carbon emission performance? DOI
Xuemeng Liu, Zhili Zuo, Jie Han

et al.

Journal of Environmental Management, Journal Year: 2025, Volume and Issue: 375, P. 124156 - 124156

Published: Jan. 21, 2025

Language: Английский

Citations

0
A review of hydrogen energy in renewable energy supply chain finance DOI Creative Commons
Nasiru Zubairu,

Lubna Al Jabri,

Abderahman Rejeb

et al.

Discover Sustainability, Journal Year: 2025, Volume and Issue: 6(1)

Published: March 20, 2025

Language: Английский

Citations

0
Influencing pathways of mountain-waters project pilot policy on corporate ESG in China DOI Creative Commons

Zhu Hong-gen,

Jianjun Li, Limin Zhang

et al.

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 13

Published: April 24, 2025

Introduction: Although considerable research has explored factors affecting corporate ESG performance and environmental policies, few studies integrate these dimensions to assess the Mountains-Waters Project pilot policy—an expansive ecological restoration initiative in China. This study aims examine policy's effects on within Yangtze River Economic Belt, a critical economic region Methods: To investigate of policy, we use panel data from 129 publicly listed companies across 76 districts (2009—2023). A multi-period difference-in-differences (DID) model is employed analyze impact policy performance. Results: The findings show that significantly enhances operate through three primary mechanisms: promoting green technologies, boosting media attention, strengthening government oversight practices. Furthermore, are more pronounced for high-tech non-state-owned enterprises, suggesting heterogeneous responses interventions. Discussion These results provide novel empirical evidence role policies advancing sustainability. They also offer valuable insights design implementation future especially regions with significant importance like Belt.

Language: Английский

Citations

0
Does Green Finance Development Enhance the Sustainability Performance of China’s Energy Companies? DOI Open Access
Guo Li,

Fangxia Chen,

Linhao Chen

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(18), P. 8052 - 8052

Published: Sept. 14, 2024

The achievement of China’s “dual-carbon” standard has been devoted to the green transformation and sustainable growth energy firms, both which can be financed by financing. This study aims investigate how development level finance influences performance listed companies in China. It seeks delve into underlying mechanisms connecting with financing constraints and, subsequently, sustainability performance, as well exploring relationship between total factor productivity relation performance. Additionally, this will provide strategies recommendations enhance capabilities enterprises. empirically evaluates four aspects performance: economic, social, environmental, innovative performance—as its mechanism action using fixed-effects pattern two ways mediated-effects unbalanced panel data from Chinese-listed firms spanning 2011 2020. discovered that (1) firms’ is greatly enhanced progression finance; (2) advancement effectively boosts reducing enhancing productivity; (3) a more distinct evident extent within state-owned While stronger role for larger it noticeable proactive impact on environmental smaller Based study’s findings, paper presents enhancement policies enterprises

Language: Английский

Citations

0
Impact and mechanism analysis of bank agglomeration on high-growth enterprise carbon intensity: evidence from China DOI Creative Commons

Ling Xu,

Danning Lu,

Jianxun Shi

et al.

Frontiers in Environmental Science, Journal Year: 2024, Volume and Issue: 12

Published: Oct. 24, 2024

Financial agglomeration contributes to energy efficiency improvement and carbon emission reduction, but more micro-level evidence is needed further support it. Based on the data of high-growth enterprises bank branches in China using panel regression analysis, this study examines impact intensity enterprises. The results suggest that facilitates reduction Specifically, significantly reduces non-state-owned enterprises, while it has no significant effect state-owned Compared with commercial banks small banks, joint-stock strongest promoting enterprise reduction. Bank a particularly high-energy-consuming industries high-polluting industries. Mechanism analysis shows by innovation, changing structure, mitigating financial constraint. These findings carry important policy implications, suggesting policymakers should leverage as tool for sustainable development.

Language: Английский

Citations

0