Environmental Regulation, Green Innovation, and Corporate Brand Value

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3445 - 3445

Published: April 12, 2025

Under the background of green development and brand building, this article aims to explore relationship between environmental regulation on corporate value mediating effect innovation, which can help enterprises build a synergistic mechanism building development, step into benign track high-quality development. Based institutional theory resource-based theory, paper takes 106 listed companies 2018–2022 consecutive list China’s 500 Most Valuable Brands as sample constructs two-way fixed-effects model test impact heterogeneous regulations innovation value. The empirical results showed that: (1) Command-based exhibits an inverted U-shaped with value, it compels adopt governance in short term but gradually erodes productive resources triggers negative reputational effects over long term; market-based demonstrates value: while crowds out production funds shifts costs consumers term, government’s “resource compensation” ultimately outweigh “compliance cost” pressures run; (2) plays partial role command-based value; (3) is terms nature ownership, life cycle, location. above findings provide useful reference for government use tools flexibly, optimally adjust regulatory mechanism, promote

Language: Английский

Influence of the Carbon Emissions Trading Policy on Green Patent Transfers: A Difference-In-Differences Design

Emerging Markets Finance and Trade, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 20

Published: Feb. 24, 2025

Language: Английский