
Sustainable Futures, Journal Year: 2024, Volume and Issue: unknown, P. 100304 - 100304
Published: Sept. 1, 2024
Language: Английский
Sustainable Futures, Journal Year: 2024, Volume and Issue: unknown, P. 100304 - 100304
Published: Sept. 1, 2024
Language: Английский
Research in International Business and Finance, Journal Year: 2024, Volume and Issue: 71, P. 102491 - 102491
Published: July 20, 2024
Language: Английский
Citations
23Journal 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
5The British Accounting Review, Journal Year: 2024, Volume and Issue: unknown, P. 101501 - 101501
Published: Oct. 1, 2024
Language: Английский
Citations
15Sustainability, Journal Year: 2025, Volume and Issue: 17(1), P. 311 - 311
Published: Jan. 3, 2025
As environmental pollution intensifies, China has begun to implement green credit policies reduce allocation highly polluting enterprises. This research examines the influence of on cash flow heavily enterprises, based implementation “Green Credit Guidelines”. The policy creates a quasi-natural experimental setting by giving businesses access an exogenous occurrence. Consequently, this paper uses data from 494 A-share listed companies in over fifteen-year period 2007 2021 and employs Difference-in-Differences (DID) model assess net effect policy, positing that scheme will prevent making money. empirical findings show significantly reduces emit lot pollutants, especially when it comes operational flow. Heterogeneity analysis reveals high-emission regions non-state-owned enterprises is affected even more significantly. Previous often overlooked as metric; however, critical indicator enterprise’s status. From angle, study adds our knowledge how schemes affect businesses. Additionally, contributes ongoing discussion regarding relationship between financial constraints China’s government ought keep encouraging creation regulations, enhance supervision state-owned pay attention low-emission establishing dynamic regulatory indicators promote ecological civilization construction transformation upgrading lagging industries.
Language: Английский
Citations
1Journal of Environmental Management, Journal Year: 2025, Volume and Issue: 374, P. 124052 - 124052
Published: Jan. 8, 2025
Language: Английский
Citations
1Journal of Environmental Management, Journal Year: 2025, Volume and Issue: 374, P. 124064 - 124064
Published: Jan. 13, 2025
Language: Английский
Citations
1Sustainable Cities and Society, Journal Year: 2024, Volume and Issue: 113, P. 105681 - 105681
Published: July 19, 2024
Language: Английский
Citations
7Renewable Energy, Journal Year: 2024, Volume and Issue: 235, P. 121301 - 121301
Published: Sept. 3, 2024
Language: Английский
Citations
7International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: 96, P. 103750 - 103750
Published: Nov. 1, 2024
Language: Английский
Citations
7Research in International Business and Finance, Journal Year: 2024, Volume and Issue: 71, P. 102478 - 102478
Published: July 5, 2024
Language: Английский
Citations
5