Sustainable Transformation: The Impact of Climate Risk Perception on Corporate Operational Resilience in China DOI Open Access

Xu Zhang,

Xing Bao

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3387 - 3387

Published: April 10, 2025

Enhancing corporate operational resilience is a core element in responding to escalating climate change risks and achieving sustainable development. Based on dynamic capabilities theory, this paper utilizes data from A-shared listed companies between 2012 2023 explore how risk perception influences China identify the specific mechanisms underlying relationship. The study found significant positive relationship resilience. A mechanism analysis indicated that increased enhanced by alleviating financing constraints, promoting technological innovation, improving internal control quality. heterogeneity revealed effect of was more pronounced located central western regions high-pollution industries. findings offer new perspectives empirical evidence for understanding micro-dynamics transformation.

Language: Английский

Sustainable Transformation: The Impact of Climate Risk Perception on Corporate Operational Resilience in China DOI Open Access

Xu Zhang,

Xing Bao

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3387 - 3387

Published: April 10, 2025

Enhancing corporate operational resilience is a core element in responding to escalating climate change risks and achieving sustainable development. Based on dynamic capabilities theory, this paper utilizes data from A-shared listed companies between 2012 2023 explore how risk perception influences China identify the specific mechanisms underlying relationship. The study found significant positive relationship resilience. A mechanism analysis indicated that increased enhanced by alleviating financing constraints, promoting technological innovation, improving internal control quality. heterogeneity revealed effect of was more pronounced located central western regions high-pollution industries. findings offer new perspectives empirical evidence for understanding micro-dynamics transformation.

Language: Английский

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