Digital Policy Quality and Enterprise Innovation: The Case of China’s Big Data Comprehensive Pilot Zone DOI Open Access
Rui Zhao, Jingbo Fan

Sustainability, Journal Year: 2024, Volume and Issue: 16(12), P. 5032 - 5032

Published: June 13, 2024

In the context of promoting sustainable development and innovative growth, few studies have examined signaling role digital policy texts its effects on enterprise innovation. Focused pilot project China’s National Big Data Comprehensive Pilot Zone (NBCPZ), this article applies modified PMC index model to measure quality 81 policies issued by NBCPZ from 2016 2022 uses a regression assess impact policies’ innovation levels. The results show that released in China shows temporal fluctuation regional heterogeneity. High-quality positively promote innovation, relationship exhibits heterogeneity based industry characteristics. can enhance enterprises’ level optimizing data environment enhancing willingness enterprises innovate with data. These findings reveal potential fostering practices driving capabilities.

Language: Английский

Digitization, perception of policy uncertainty, and corporate green innovation: A study from China DOI

Yini Geng,

Zhiqiang Zheng,

Yongjian Ma

et al.

Economic Analysis and Policy, Journal Year: 2023, Volume and Issue: 80, P. 544 - 557

Published: Sept. 13, 2023

Language: Английский

Citations

46

How good is green finance for green innovation? Evidence from the Chinese high-carbon sector DOI
Lina Ma, Najaf Iqbal, Elie Bouri

et al.

Resources Policy, Journal Year: 2023, Volume and Issue: 85, P. 104047 - 104047

Published: Aug. 1, 2023

Language: Английский

Citations

45

Enhancing resource efficiency through the utilization of the green bond market: An empirical analysis of Asian economies DOI

Xuanmei Cheng,

Chengnuo Yan,

Kaite Ye

et al.

Resources Policy, Journal Year: 2024, Volume and Issue: 89, P. 104623 - 104623

Published: Jan. 13, 2024

Language: Английский

Citations

44

Moving towards sustainable city: Can China's green finance policy lead to sustainable development of cities? DOI
Yang Liu, Kangyin Dong, Kun Wang

et al.

Sustainable Cities and Society, Journal Year: 2024, Volume and Issue: 102, P. 105242 - 105242

Published: Jan. 27, 2024

Language: Английский

Citations

21

Ownership with a green twist: the role of top managers in driving environmental innovation DOI
Shanshan Yue,

Norkhairul Hafiz Bajuri,

Saleh F. A. Khatib

et al.

China Finance Review International, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 9, 2025

Purpose This study aims to explore the relationship between managerial ownership and environmental innovation, particularly focusing on impact of minority shareholder protection within context China’s A-share listed companies. Design/methodology/approach The employs a fixed effect model over decade-long sample, analysing secondary data from nonfinancial Chinese firms. two-stage least squares (2SLS) method is adopted address endogeneity concerns. Findings results demonstrate significant positive influence suggesting that top managers who have say in boardroom are inclined towards sustainable development. presence shareholders' positively moderates this relationship, underlining their roles fostering environmentally friendly subsample analysis showed these relationships vary state-owned enterprises (SOEs) non-SOEs. It also differs heavily lightly polluting industries, which indicates it not enough just internal self-management, more external pressure necessary industries. Research limitations/implications Our underscores importance for recognize potential aligning interests with objectives. Companies can enhance commitment sustainability by an environment supports rights. Originality/value specifically focuses role shareholders, providing new empirical evidence how drive development initiatives. among few studies differentiate firm characteristics pollution intensity, provides valuable insights into varies across different contexts.

Language: Английский

Citations

3

How does perception of economic policy uncertainty affect corporate greenwashing? DOI
Shikuan Zhao, Ahmed Imran Hunjra, David Roubaud

et al.

International Journal of Bank Marketing, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 14, 2025

Purpose In the context of macroeconomic fluctuations and uncertainty in policy changes, it is essential to understand how companies adapt their environmental strategies marketing tactics ensure survival growth. This study, therefore, examines impact perceived economic on corporate greenwashing. Design/methodology/approach Based panel data from listed Chinese A-share market between 2013 2022, this paper employs a high-dimensional fixed effects model explore (PEPU) greenwashing behavior. Findings The results show that higher PEPU increases greenwashing, with agency costs investor sentiment mediating relationship. Corporate credit availability managerial short-sightedness positively moderate effect. Heterogeneity analysis reveals non-state-owned enterprises central western regions, particularly those weak regulation high pollution, are most impacted by PEPU. Practical implications provides practical guidance for avoid phenomenon green reshuffle policies encourages take more real effective protection measures. Originality/value These findings highlight importance considering responses when formulating policies. They provide valuable insights emerging economies fostering genuine behavior promoting sustainable development.

Language: Английский

Citations

2

Assessing the effect of urban digital infrastructure on green innovation: mechanism identification and spatial-temporal characteristics DOI Creative Commons
Chengming Li,

Meiyu Wen,

Shaoxiang Jiang

et al.

Humanities and Social Sciences Communications, Journal Year: 2024, Volume and Issue: 11(1)

Published: Feb. 26, 2024

Abstract Under the background of digitization and greening in China, digital infrastructure offers new opportunities for developing green innovation. This paper investigates effect on urban innovation using panel data from 285 Chinese prefecture-level cities between 2011 2020, explains mechanism its spatial-temporal dynamic effect. The results demonstrate that promotes Talent agglomeration, R&D investment increase, industrial structure upgrading are crucial channels. Furthermore, depending a city’s size, human capital, environmental regulations, financial subsidies, contributes to differently. Also, there is not only positive spatial spillover but threshold presents nonlinear trend rising marginal study provides perspective promoting innovation, which makes difference facilitating high-level development collaboratively.

Language: Английский

Citations

13

Does macroprudential policy matter for corporate green innovation? The role of financing constraints and public environmental concerns DOI
Xin Lin,

Jinhong Zhang,

Lina Yu

et al.

Economic Analysis and Policy, Journal Year: 2024, Volume and Issue: 82, P. 877 - 892

Published: April 24, 2024

Language: Английский

Citations

11

Revisiting the Porter hypothesis: a multi-country meta-analysis of the relationship between environmental regulation and green innovation DOI Creative Commons
W. X. Zhang,

Bin Zhu,

Yongling Li

et al.

Humanities and Social Sciences Communications, Journal Year: 2024, Volume and Issue: 11(1)

Published: Feb. 8, 2024

Abstract Although large numbers of studies have examined the Porter hypothesis, one important issue that remains to be addressed is why past give rise mixed results. By filling this knowledge gap, our research aimed provide a fuller picture hypothesis. using method meta-analysis, including total 58 papers across world, findings showed (1) overall hypothesis was confirmed—that, in general, environmental regulation had positive effect on green innovation; (2) by decomposing regulatory types and measures innovation, it validated ‘narrow’ version hypothesis—that flexible could foster innovation. Especially, we found command control shown its highest consistency effectiveness driving whereas voluntary level flexibility among all measures; (3) also heterogeneities results were attributed country type analysis. Overall, integrating with sample sizes identifying variations studies, offered comprehensive understanding generated more precise generalizable conclusions than studies.

Language: Английский

Citations

9

Green bond issuance and corporate ESG performance: the perspective of internal attention and external supervision DOI Creative Commons

Jinyu Chen,

Yan Yang, Ran Liu

et al.

Humanities and Social Sciences Communications, Journal Year: 2023, Volume and Issue: 10(1)

Published: July 24, 2023

Abstract Based on the staggered difference-in-difference (DID) model, this paper uses Chinese listed firms between 2012 and 2020 to investigate impact of green bond issuance corporate environmental, social governance (ESG) performance. We provide evidence that positively enhances ESG Green mainly promotes performance through internal attention effect external supervision effect. Moreover, positive correlation is more prominent among companies with larger size, higher government subsidies executives environmental experience. The extended analysis shows can promote enhancement firm valuation. This study provides theoretical guidance for use financial systems

Language: Английский

Citations

22