Despite
nearly
twenty
years
of
privatization,
mixed-ownership
reform
has
been
the
mainstay
SOE
in
China
recent
years.
This
raises
question
whether
financial
performance
firms
(Mixed
firms)
is
better
than
private-owned
enterprises
(POEs).
Although
Mixed
suffer
more
from
government
intervention,
unclear
property
rights,
and
interest
conflicts
between
state
shareholders
private
shareholders,
they
can
also
benefit
external
resources
controlled
by
state.
Therefore,
still
unclear.
Collecting
data
Chinese
A-share
listed
market,
we
divide
into
POEs,
(MixedSOEs),
sectors
(MixedPOEs).
Measuring
profitability
using
ROA
ROE,
find
that
on
average,
POEs
perform
firms,
MixedPOEs
have
a
higher
MixedSOEs.
Within
shares
are
related
to
lower
profitability,
profitability.
Using
NBS
survey
data,
further
SOEs
exhibit
lowest
with
MixedSOEs
middle,
highest
We
try
address
endogeneity
challenge
several
ways
get
similar
results.
Overall,
our
analysis
provides
new
evidence
firms.
Sustainable Development,
Год журнала:
2023,
Номер
32(4), С. 2910 - 2930
Опубликована: Ноя. 13, 2023
Abstract
Currently,
the
effects
of
financial
openness
(FO)
on
environment
have
not
been
assessed
at
micro
level
enterprises.
This
article
uses
difference‐in‐differences
method
to
explore
pollution
abatement
effect
FO.
The
results
show
that
FO
can
effectively
promote
with
a
significant
environmental
performance
enhancement
effect.
In
addition,
is
stronger
in
large,
heavy
industrial,
and
state‐owned
Besides,
significantly
alleviates
financing
constraints
promotes
by
driving
R&D
investment
strengthening
intensity
end‐of‐pipe
treatment.
Policy
recommendations
are
given
steadily
expand
pattern,
improve
disclosure
system
small
medium‐sized
enterprises,
optimize
subsidies
for
increased
stimulate
abatement.
A
reference
other
emerging
economies,
especially
transitioning
provided
fully
utilize
under
construction
or
improvement
realize
value
control.
Ecological Indicators,
Год журнала:
2023,
Номер
155, С. 110951 - 110951
Опубликована: Сен. 18, 2023
Studies
on
the
impact
of
ship
emission
control
area
(ECA)
policies
focus
mainly
regional
or
national
perspectives,
while
local
air
quality
and
its
associated
effects
are
largely
neglected.
Here,
we
quantitatively
analyzed
implementation
ECA
policy
SO2
concentrations
at
levels
from
2018
to
2021
using
a
regression
discontinuity
(RD)
model
reveal
positive
multiple
perspectives.
In
this
model,
time
point
concentration
were
considered
breakpoint
observation
indicator,
respectively,
evaluate
effect
implementation.
We
investigated
2016
in
terms
switching
low-sulfur
fuel
oil
Waigaoqiao
Wharf
Shanghai
Port
(local
perspective),
change
wharf
during
2018–2021,
City
(regional
perspective)
2016–2021
results
show
that
mean
decreased
4.61
3.33,
2.68
0.03,
11.32
6.73
μg/m3,
respectively.
The
improvement
scales
with
respect
decrease
3.10
0.03
8.30
5.90
Our
showed
effectively
improved
both
scales.
As
expected,
had
greater
quality,
given
impacts
various
other
sources
scale.
