Journal of Environmental Planning and Management,
Journal Year:
2023,
Volume and Issue:
unknown, P. 1 - 25
Published: Dec. 4, 2023
AbstractHow
to
promote
heavily
polluting
firms
achieve
substantive
green
transformation
is
an
important
issue.
Using
the
data
from
Chinese
samples,
this
paper
investigates
influence
of
corporate
social
responsibility
(CSR)
performance
feedback
on
decision
and
merger
acquisition
(GMA).
We
find
that
a
negative
CSR
gap
positively
related
likelihood
GMA.
From
perspective
market
pressure,
mediating
roles
investor
sentiment
media
coverage
are
revealed.
Furthermore,
above
promotion
effect
only
reflected
in
with
high
financial
slack,
public
environmental
attention,
or
growth
stage.
Regarding
GMA
performance,
we
driven
by
merely
promotes
strategic
innovation,
but
it
innovation
when
under
high-intensity
government
regulation.
This
study
provides
new
insights
how
engage
improve
performance.Keywords:
gapgreen
acquisitioncollaborative
governanceinvestor
sentimentmedia
AcknowledgementsKey
Projects
Social
Science
Fund
Jiangsu
Province;
Policy
Guidance
Plan
Project
Xuzhou
City
(Soft
Research).Disclosure
statementNo
potential
conflict
interest
was
reported
author(s).Data
availability
statementThe
datasets
used
analyzed
during
available
corresponding
author
reasonable
request.Supplemental
dataSupplemental
for
article
can
be
accessed
here.Notes1
According
“Administration
Acquisition
Listed
Firms”
issued
government,
considered
controlling
cases
where
acquirer
holds
more
than
30%
effective
voting
rights.
Accordingly,
ratio
serves
as
criterion
determining
whether
has
control
over
target
firm.2
As
suggested
Pan
et
al.
(Citation2019)
Sun,
Kong,
Tao
(Citation2023),
price
1
million
yuan
generally
chosen
ensure
M&A
transaction
meaningful.
samples
low
may
not
sufficient
have
significant
impact
acquirers’
performance.Additional
informationFundingThe
authors
sincerely
appreciate
editor
anonymous
reviewers
their
valuable
comments.
work
supported
National
Natural
Foundation
China
[Grant
No.
L2124032]
Later
Funding
21FGLB017].
Business Ethics the Environment & Responsibility,
Journal Year:
2024,
Volume and Issue:
unknown
Published: March 11, 2024
Abstract
This
study
explores
the
impact
of
government
informatization
construction
on
corporate
digital
technology
innovation.
It
uses
integration
and
industrialization
pilot
zones
in
China
as
a
quasi‐natural
experiment
construction,
construct
difference‐in‐differences
model.
Based
sample
Chinese
A‐share
corporations
from
2007
to
2021,
empirical
findings
reveal
that
significantly
promotes
innovation
by
enhancing
attention
technologies
reducing
transaction
costs.
Furthermore,
positive
is
more
pronounced
southern
regions
with
stronger
intellectual
property
protection
high‐tech
economy
industries,
well
mature‐stage
higher
levels
These
provide
valuable
insights
for
implementing
policies
facilitating
Heliyon,
Journal Year:
2023,
Volume and Issue:
9(8), P. e19024 - e19024
Published: Aug. 1, 2023
This
study
explores
how
the
perception
of
specific
aspects
smart
governance
affects
business
environment
as
to
attract
investment.
To
this
end,
we
used
a
survey
design
and
collected
data
from
Beijing,
Shanghai,
Guangzhou,
Hangzhou.
A
total
500
responses
different
industries
companies
were
obtained
then
empirically
analyzed
using
ridge
regression
intermediary
effect
models.
We
found
that
enhances
investment
due
strong
abundant
opportunities.
Natural
sustainability
attracts
directly
because,
when
cities
become
smart,
they
tend
improve
their
talent
capital
inflows.
external
participation
has
direct
impact
on
enterprise
because
it
creates
more
An
improved
social
credit
system
represents
comprehensive
progress
positively
mediates
is
first
combine
key
elements
governance,
development
stage
various
dimensions
analyze
influence
perceptions
commercial
investments.
Smart Cities,
Journal Year:
2024,
Volume and Issue:
7(4), P. 1626 - 1669
Published: July 1, 2024
This
paper
examines
business
model
implementations
in
three
leading
European
smart
cities:
London,
Amsterdam,
and
Berlin.
Through
a
systematic
literature
review
comparative
analysis,
the
study
identifies
analyzes
various
models
employed
these
urban
contexts.
The
findings
reveal
diverse
array
of
models,
including
public–private
partnerships,
build–operate–transfer
arrangements,
performance-based
contracts,
community-centric
innovation
hubs,
revenue-sharing
outcome-based
financing,
asset
monetization
strategies.
Each
city
leverages
unique
combination
to
address
its
specific
challenges
priorities.
highlights
role
PPPs
large-scale
infrastructure
projects,
BOT
arrangements
transportation
solutions,
contracts
driving
efficiency
accountability.
It
also
explores
benefits
strategies
enhancing
sustainability,
efficiency,
livability
cities.
offers
valuable
insights
for
policymakers,
planners,
researchers
seeking
advance
development
worldwide.
