Finance research letters, Journal Year: 2024, Volume and Issue: unknown, P. 106694 - 106694
Published: Dec. 1, 2024
Language: Английский
Finance research letters, Journal Year: 2024, Volume and Issue: unknown, P. 106694 - 106694
Published: Dec. 1, 2024
Language: Английский
Journal of International Financial Management and Accounting, Journal Year: 2025, Volume and Issue: unknown
Published: Jan. 31, 2025
ABSTRACT Industrial policy plays a crucial role in economic development and is gaining increasing attention. While previous literature has demonstrated the positive impact of these policies on industrial growth, their environmental remains unclear. Using establishment‐level data, we investigate how Chinese provincial affect corporate pollution levels. We find that establishments encouraged by exhibit significantly higher sulfur dioxide (SO 2 ) emissions. This effect mainly driven by: (1) lower risks penalties, (2) increased use cost‐effective but polluting energy sources, (3) reduced investments technologies. The firm's emissions more pronounced under certain conditions: when local governments face substantial pressures; government officials are locally promoted or have high probability political promotion; firms economically important state‐owned; lack rigorous external oversight; operate environments with citizen participation. Our findings suggest aimed at rapid growth may conflict goals, providing insights for policymakers balancing protection emerging economies.
Language: Английский
Citations
5International Review of Economics & Finance, Journal Year: 2025, Volume and Issue: unknown, P. 103926 - 103926
Published: Jan. 1, 2025
Language: Английский
Citations
4Finance research letters, Journal Year: 2025, Volume and Issue: unknown, P. 106913 - 106913
Published: Feb. 1, 2025
Language: Английский
Citations
3International Review of Economics & Finance, Journal Year: 2025, Volume and Issue: 98, P. 103935 - 103935
Published: Feb. 7, 2025
Language: Английский
Citations
2International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104068 - 104068
Published: March 1, 2025
Language: Английский
Citations
2Finance research letters, Journal Year: 2024, Volume and Issue: 71, P. 106423 - 106423
Published: Nov. 8, 2024
Language: Английский
Citations
4International Review of Economics & Finance, Journal Year: 2025, Volume and Issue: 98, P. 103928 - 103928
Published: Feb. 1, 2025
Language: Английский
Citations
0Finance research letters, Journal Year: 2025, Volume and Issue: unknown, P. 106973 - 106973
Published: Feb. 1, 2025
Language: Английский
Citations
0International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104012 - 104012
Published: Feb. 1, 2025
Language: Английский
Citations
0International Review of Economics & Finance, Journal Year: 2025, Volume and Issue: unknown, P. 103993 - 103993
Published: Feb. 1, 2025
Language: Английский
Citations
0