Will the carbon emissions trading system promote enterprises' willingness to pay for carbon emission reduction? DOI
Zhibin Tao,

Jiaxiao Chao

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

Published: July 3, 2024

Abstract The emissions trading system (ETS) is one of the effective measures for energy conservation and reduction, impact carbon ETS can be reflected in willingness enterprises to pay reductions. However, there has been little research exploring relationship between two. Therefore, this study fills knowledge gap by comprehensively investigating influence China policy (ETSP) on reductions, incorporates environmental awareness (EA), green technology innovation (GTI), climate risk (CRA) into model, thus constructing a new theoretical framework. Empirical analysis conducted using structural equation modeling method based survey data from 478 Chinese enterprises. results indicate that: (1) ETSP promote (2) also EA, GTI, CRA (3) (4) Mediation effect revealed that EA CRA, respectively, play mediating role process GTI does not have process. (5) Comparative mediation found no significant differences effects CRA. This provides constructive practical recommendations future market mechanism construction enterprise emission reduction formulation. It offers guidance reference behavioral decision‐making transactions, carries significance advocacy value.

Language: Английский

Government environmental attention and carbon emissions governance: Firm-level evidence from China DOI
Xiaoqian Liu, Javier Cifuentes‐Faura, Shikuan Zhao

et al.

Economic Analysis and Policy, Journal Year: 2023, Volume and Issue: 80, P. 121 - 142

Published: Aug. 1, 2023

Language: Английский

Citations

129
The impact of government environmental attention on firms’ ESG performance: Evidence from China DOI
Xiaoqian Liu, Javier Cifuentes‐Faura, Shikuan Zhao

et al.

Research in International Business and Finance, Journal Year: 2023, Volume and Issue: 67, P. 102124 - 102124

Published: Oct. 5, 2023

Language: Английский

Citations

119
Does government environmental attention drive green total factor productivity? Evidence from China DOI
Jiaxin Du,

Zhenzhen Zhong,

Qiaoling Shi

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 366, P. 121766 - 121766

Published: July 9, 2024

Language: Английский

Citations

17
The impact of public procurement on the adoption of circular economy practices DOI
Shuxiao Sun, Wentao Li,

Xiaowei Sun

et al.

Journal of Purchasing and Supply Management, Journal Year: 2024, Volume and Issue: 30(4), P. 100907 - 100907

Published: March 16, 2024

Language: Английский

Citations

6
Implications of global carbon governance for corporate carbon emissions reduction DOI Creative Commons
Yunjing Wang, Guiying Yao, Ying Zuo

et al.

Frontiers in Environmental Science, Journal Year: 2023, Volume and Issue: 11

Published: Jan. 16, 2023

Global warming not only affects biodiversity, but also threatens human health and wellbeing. As the main source of greenhouse gas emissions, enterprises play a critical role in carbon emissions reduction. However, small number have disclosed their “low-carbon transition roadmap”, primarily due to lack immediate payoffs green investment, which is disadvantageous achieve net-zero emissions. First, through case analysis governance typical countries around world, we identify effective reduction measures that firms can learn from. Next, this paper summarizes multi-dimensional impact framework corporate Last, propose roadmap for companies from four aspects: should 1) actively engage trading system, 2) increase application technology, 3) enhance structure, 4) ensure sufficient cash flow low-carbon transition. This study contributes sustainable transition, providing practical references balancing environmental footprint value growth.

Language: Английский

Citations

16
Low-carbon city pilot policies, government attention, and green total factor productivity DOI

光二郎 石原,

Jun Liu,

Yi Wang

et al.

Finance research letters, Journal Year: 2025, Volume and Issue: unknown, P. 107043 - 107043

Published: Feb. 1, 2025

Language: Английский

Citations

0
Facilitation or inhibition? Government environmental attention and corporate green technology innovation DOI
Xubing Fang, Maotao Liu

Journal of Environmental Planning and Management, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 43

Published: July 5, 2024

Corporate green technology innovation (GTI) is an effective way to solve environmental problems and achieve the goal of sustainable development. It great theoretical significance strategic value explore influence government behavior on corporate GTI. Based institutional theory attention theory, this study empirically examines impact (GEA) GTI by using data for China's A-share listed companies from 2010 2021. We find that GEA can significantly promote GTI, there are four channels action: strengthening regulatory policies, increasing investment, information disclosure, enhancing social responsibility. Moreover, executive experience, public participation media positively moderated firms' Heterogeneity analyses show these positive effects more significant in regions with low enforcement intensity, eastern regions, heavily polluted industries state-owned firms. also enhance efficiency quality enterprises, as well encourage among polluting affects enterprise value, total factor productivity, improves performance. Our results provide direct evidence developing countries promotes support decision-making references further improving policies achieving

Language: Английский

Citations

3
Sustainable Growth: Unveiling the Impact of Government Attention on Corporate Environmental Performance DOI Open Access
Xian Zheng, Zizhen Huang, Kangqi Jiang

et al.

Business Ethics the Environment & Responsibility, Journal Year: 2025, Volume and Issue: unknown

Published: March 18, 2025

ABSTRACT With the ongoing development of ecological civilization and advancing state governance, governments focus increasingly on environmental issues to foster low‐carbon development. We define government attention (GEA) by aggregating analyzing textual data extracted from work reports 2008 2020, using web scraping expanding vocabulary with Word2Vec model. This study examines impact GEA corporate performance (CEP), datasets A‐share listed corporations in Shanghai Shenzhen. Our findings reveal a significant positive relationship between CEP, which remains robust after addressing endogeneity concerns conducting various sensitivity tests. Mechanistic analysis indicates that enhances CEP strengthening penalties, directing financial resources toward less polluting firms, raising managerial green awareness. Heterogeneity suggests GEA's effects are more pronounced cities extensive digital procurement. Further shows capital market responds positively GEA, enhancing stock liquidity, institutional investor holdings, long‐term returns, overall firm value. These provide critical insights for policymakers sustainable practices

Language: Английский

Citations

0
The inferiors imitate the superiors: the government’s low-carbon concerns and the renewable energy technology of firms DOI Creative Commons

Weijian Du,

Mengjie Li, Zhaohua Wang

et al.

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

Published: Feb. 27, 2024

Abstract Existing research has focused mainly on the technological effects of rigid constraints such as low-carbon policies, but there been little exploration flexible government’s concerns. To explore role and effective paths for achieving development, this paper theoretically empirically investigates influence concerns local firms’ innovation in renewable energy technology underlying mechanism. Benchmark analysis shows that can improve among firms an area. Mechanism reveals promote adoption by increasing amount development (R&D) investment government subsidies use costs Heterogeneity heterogeneity exists across technologies, firms, industries locations terms incentive impact level innovation. Extensive indicates have a long-term positive demonstration neighboring firms. This study is helpful it explores major driving factors behind creation economy achievement climate targets.

Language: Английский

Citations

3
Impact of air pollution perception on environmental governance satisfaction DOI Creative Commons
Jingjing Wang, Decai Tang, Li Shang

et al.

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

Published: Aug. 22, 2024

This study critically examines the factors influencing satisfaction with environmental governance in China, focusing on air pollution perception, tax, and government trust within Environmental, Social, Governance (ESG) framework. Utilizing data from Chinese societal surveys, research investigates impact of perception satisfaction, as well how this relationship is mediated by tax moderated trust. The findings reveal a strong inverse correlation between governance, highlighting direct challenges ESG outcomes. nuanced regional demographic variations, diverse across different segments society. also reveals pivotal role mediating relationship, suggesting that policies can effectively enhance strategies. Additionally, identified key moderating factor, underscoring importance for effectiveness practices. contributes to broader field providing valuable insights into complex interplay public policy, government. It offers practical implications policymakers seeking use taxation trust-building measures mitigate improve ambit.

Language: Английский

Citations

3