Environmental policy vs. Environmental innovation: An examination of policies disclosure on sustainable development from stakeholder theory perspective DOI
Abdul Waheed, Muhammad Shahid Khan, Muhammad Akib Warraich

et al.

Sustainable Development, Journal Year: 2023, Volume and Issue: 32(3), P. 2506 - 2516

Published: Oct. 22, 2023

Abstract Studying environmental policy (EnP) and innovation (EnI) is a crucial domain for addressing global challenges such as climate change, resource depletion, pollution. It equips the corporates with knowledge tools to develop effective strategies, regulations, technological advancements that can mitigate impact promote sustainable practices benefit of current future generations. This study attempts uncover influence both EnP EnI toward development (SD) within three dimensions, is, social aspect, economic aspect from Chinese multinational enterprises (MNEs). A total 723 documents were considered data analysis using SEM method SmartPLS tool. The outcomes are found interesting fruitful where firstly positive connection between SD was affirmed MNEs. Second, nexus SD, respectively. findings highlight insights by demonstrating help attain ultimate output strengthen Additionally, this offers several thought‐provoking useful managerial recommendations well implications theoretical issues. Moreover, some possible opportunities reported researchers assuming flaws carry out more research market rest regions, worldwide.

Language: Английский

ESG ratings and green innovation: A U‐shaped journey towards sustainable development DOI Creative Commons
Cunyi Yang,

Conghao Zhu,

Khaldoon Albitar

et al.

Business Strategy and the Environment, Journal Year: 2024, Volume and Issue: 33(5), P. 4108 - 4129

Published: Jan. 29, 2024

Abstract This study examines the relationship between corporate ESG ratings and green innovation based on data from Chinese A‐share listed companies for period 2011 2022. The findings suggest a “U”‐ shaped innovation. Companies with lower (referred to as “bad” companies) tend focus improving their governance operational conditions, often at expense of However, improve ratings, they increasingly view key growth area. is particularly evident in low profitability high risks. Additionally, we explore impact different types patents. finds that can mitigate negative through collaborative efforts, while non‐inventive innovations, benefit independent research development. Furthermore, role government subsidies executive compensation influencing this relationship. results show both positively negatively affect innovation, depending company's status rating. provide valuable insights companies, investors, policymakers regarding significant scores promoting strategies enhance sustainability performance.

Language: Английский

Citations

82

Institutional investor ESG activism and corporate green innovation against climate change: Exploring differences between digital and non-digital firms DOI

Chenfei Jin,

Abel Monfort, Feng Chen

et al.

Technological Forecasting and Social Change, Journal Year: 2024, Volume and Issue: 200, P. 123129 - 123129

Published: Jan. 4, 2024

Language: Английский

Citations

61

Transitioning to sustainable energy: opportunities, challenges, and the potential of blockchain technology DOI Creative Commons

Yongjun Lv

Frontiers in Energy Research, Journal Year: 2023, Volume and Issue: 11

Published: Sept. 14, 2023

The pressing issues of climate change and the limited availability non-renewable energy resources have created a growing need for sustainable alternatives. This study provides comprehensive overview solutions complex relationship between economy. challenges opportunities presented by transition to sources are explored, including investment in renewable technologies, policy changes incentivize use, potential job creation sector. On other hand, it is recognized that there considerable hurdles be addressed, substantial initial expenses associated with establishing systems, as well political societal barriers enacting change. economic benefits transitioning energy, such improved security, reduced dependence on fossil fuels, increased growth, evaluated. economy thoroughly analyzed, presenting valuable contribution academic literature energy. Furthermore, an inquiry being made into blockchain technology advancing landscape. includes its ability augment effectiveness openness markets, capacity assist assimilation resources. Hence, this research underscores importance their environmental merits. findings offer insights inform decisions guide future endeavors field. By promoting advancement contributes development more global

Language: Английский

Citations

53

Green investors and corporate ESG performance: Evidence from China DOI
Jingyu Feng, Ying Yuan

Finance research letters, Journal Year: 2023, Volume and Issue: 60, P. 104892 - 104892

Published: Dec. 20, 2023

Language: Английский

Citations

43

Institutional investor ESG activism and exploratory green innovation: Unpacking the heterogeneous responses of family firms across intergenerational contexts DOI
Bao Wu, Feng Chen, Lan‐Hua Li

et al.

The British Accounting Review, Journal Year: 2024, Volume and Issue: unknown, P. 101324 - 101324

Published: Jan. 1, 2024

Language: Английский

Citations

38

Toward sustainable development goals 7 and 13: A comprehensive policy framework to combat climate change DOI
Kashif Raza Abbasi, Qingyu Zhang, Badr Saad Alotaibi

et al.

Environmental Impact Assessment Review, Journal Year: 2024, Volume and Issue: 105, P. 107415 - 107415

Published: Jan. 18, 2024

Language: Английский

Citations

35

How does ESG performance impact corporate outward foreign direct investment? DOI

Xiali Wang,

Kangjun Ren,

L. Li

et al.

Journal of International Financial Management and Accounting, Journal Year: 2024, Volume and Issue: 35(2), P. 534 - 583

Published: Feb. 14, 2024

Abstract In recent decades, environmental, social, and governance (ESG) factors have received increasing attention in the literature of corporate internationalization. While prior studies extensively examined how ESG initiatives implemented host country enhance international performance, less has been paid to facilitating role previously accumulated performance internationalization process. Drawing on a sample 2083 unique publicly listed Chinese firms from 2010 2019, we explore whether promotes outward foreign direct investment (OFDI). Our findings indicate positive association between both propensity scale OFDI. We also identify financial constraints reputation as two mechanisms through which influences additional analysis suggests that reputation‐strengthening mechanism is more pronounced for family firms, whereas no significant difference observed nonfamily terms mechanism. These important implications managers policymakers seeking promote sustainable development

Language: Английский

Citations

28

Green policies and financial development in G7 economies: An in‐depth analysis of environmental regulations and green economic growth DOI

Wenjuan Wang,

Muhammad Imran, Kishwar Ali

et al.

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Feb. 25, 2024

Abstract This comprehensive study explores the nuanced relationship between financial development and its determinants within G7 nations, spanning years 1990 to 2020. Motivated by need understand long‐term trends, we meticulously analyze key variables including total natural resource rent, Environmental Policy Stringency Index, energy consumption, green gross domestic product (GDP), foreign direct investment inflow. Employing rigorous diagnostic tests ensure robustness of our findings, advanced methodologies such as “Method Moment Quantile Regression,” along with simulations “Bootstrap Regression," “Panel Corrected Standard Errors,” “Feasible Generalized Least Squares” regressions uncover statistical significance practical implications results. Our pivotal findings carry substantial for both individual member states collective group. Highlighting a positive correlation stringent environmental policies, measured development, emphasizes imperative these nations align economic policies. Striking harmonious balance management sustainable regulations not only fosters growth but also addresses global concerns. Furthermore, adverse impact consumption on underscores urgent prioritize efficiency transition sources, aligning trend towards eco‐friendly practices. In response critical propose actionable policy measures. To growing climate crisis standardize finance practices, advocate establishment jointly funded Climate Resilience Adaptation Fund unified Green Bond Framework G7. These measures enhance resilience streamline investments demonstrate G7's commitment greener more prosperous future.

Language: Английский

Citations

19

The interactive impact of green finance, ESG performance, and carbon neutrality DOI
Yamin Xie

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 456, P. 142269 - 142269

Published: April 17, 2024

Language: Английский

Citations

18

From resource curse to green growth: Exploring the role of energy utilization and natural resource abundance in economic development DOI
Muhammad Imran, Md Shabbir Alam, Jijian Zhang

et al.

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: April 16, 2024

Abstract This study delves into the profound repercussions of resource curse hypothesis within Brazil, Russia, India, China, and South Africa (BRICS) nations from 1991 to 2022, examining intricate interplay among natural abundance, energy consumption, economic development (ED). Methodologically, it employs cross‐sectionally augmented Dickey–Fuller test assess stationarity utilizes Westerlund cointegration technique analyze cointegration. Subsequently, autoregressive distributive lag model is deployed explore impact availability, renewable non‐renewable utilization, carbon emissions on ED these countries. The findings reveal a stark reality wherein both consumption wield consistently positive influence short‐ long‐term growth across BRICS economies. Particularly striking dominant consumption. However, this comes in contrast adverse effects identified with excessive coal rents, signifying potential setbacks arising rampant exploitation. Furthermore, suboptimal utilization resources hints at detrimental effect ED. These results transcend confines developing nations, underscoring universality hypothesis, affecting developed illuminates grave risks inherent overreliance overexploitation resources, elucidating heightened competition that severely impedes trajectory countries short long terms. Policymakers must prioritize diversification, implement sustainable management, invest innovative technologies mitigate fostering resilience growth. In conclusion, highlights severe stressing imperative for adept management counter linked overdependence bolster

Language: Английский

Citations

16