Systems,
Год журнала:
2024,
Номер
12(12), С. 585 - 585
Опубликована: Дек. 22, 2024
The
Central
Environmental
Protection
Inspector
(CEPI)
is
an
innovation
in
China’s
environmental
regulation.
This
paper
uses
game
theory
to
analyze
the
influence
of
CEPI
on
enterprises’
green
investment.
Firstly,
by
constructing
model
“central
government-local
government-polluting
enterprises”,
factors
affecting
investment
strategy
are
analyzed.
Then,
with
help
a
system
simulation
model,
parameters
stability
and
convergence
trends
analyzed,
so
as
obtain
enterprise
results
show
following:
(1)
can
effectively
promote
preventive
investment,
promotion
effect
proportional
its
risk;
(2)
local
governments
not
obvious;
(3)
cost
too
high,
polluting
enterprises
quick
choose
remedial
Environment Development and Sustainability,
Год журнала:
2025,
Номер
unknown
Опубликована: Янв. 6, 2025
Under
the
"dual
carbon"
goal,
it
is
necessary
for
China's
logistics
industry
to
accelerate
its
green
and
low-carbon
transformation.
At
same
time,
increasingly
mature
development
of
finance
continuous
improvement
technological
innovation
are
expected
provide
impetus
development.
This
study
based
on
450
sample
data
from
30
provinces
in
China
2005
2019,
exploring
how
affect
industry,
as
well
mechanisms
heterogeneity
characteristics
moderating
variables
industrial
structure
environmental
regulation
above
process.
We
find
that:
Firstly,
can
promote
industry.
Secondly,
play
a
regulatory
threshold
role
procedure
promoting
Thirdly,
effects
all
exhibit
significant
characteristics.
Thus,
innovation,
coupled
with
more
reasonable
policies
appropriate
regulation,
should
be
taken
into
full
consideration
effectively
achieve
Furthermore,
considering
that
has
become
complex
due
factors
such
different
regional
economic
levels,
this
paper
proposes
targeted
differentiated
approach
i.e.,
"phased,
regional,
gradual
development"
strategy.
important
theoretical
significance
practical
value
China,
which
stage
rapid
unbalanced
development,
goals.
Managerial and Decision Economics,
Год журнала:
2025,
Номер
unknown
Опубликована: Янв. 18, 2025
ABSTRACT
Based
on
the
quasinatural
experiment
of
China's
green
finance
reform
and
innovation
pilot
zones
(GFRIs),
impact
GFRIs
environmental
strategies
heavy‐polluting
enterprises
is
discussed.
The
results
show
that
after
implementation
GFRIs,
are
more
inclined
to
end‐of‐pipe
treatment
than
source
prevention.
Alleviating
financing
restrictions
enhancing
external
attention
potential
channels
for
induce
adopt
treatment.
Additionally,
we
explore
governance
boundaries
heterogeneous
characteristics
market
environment.
findings
enrich
research
related
economic
consequences
provide
empirical
evidence
formulate
next
step
expansion.
Sustainable Development,
Год журнала:
2025,
Номер
unknown
Опубликована: Март 17, 2025
ABSTRACT
This
study
uses
the
establishment
of
Pilot
Free
Trade
Zones
(PFTZ)
as
a
quasi‐natural
experiment,
analyzing
data
from
A‐share
listed
companies
in
Shanghai
and
Shenzhen
2009
to
2022.
A
staggered
difference‐in‐differences
(DID)
model
is
applied
examine
impact
PFTZ
on
firms'
green
governance
performance
(GGP).
The
results
show
that
significantly
enhance
GGP,
with
robust
findings
after
parallel
trend
tests,
placebo
addressing
endogeneity.
Mechanism
analysis
reveals
improve
GGP
through
two
key
mechanisms:
“conceptual
governance”
“process
governance.”
conceptual
mechanism
strengthens
firm's
environmental
social
responsibility
awareness,
while
process
enhances
management
efficiency
fosters
innovation
transformation,
thereby
improving
quality.
Heterogeneity
indicates
stronger
effects
high‐pollution
industries,
firms
greater
reputational
capital,
regions
advanced
finance
infrastructure,
eastern
regions.
Furthermore,
regional
regulatory
intensity
public
awareness
positively
moderate
this
effect.
also
expands
corporate
access
sustainable
financing,
supporting
balanced
economic
outcomes.
provides
valuable
insights
for
policymakers
promote
transformation
within
PFTZ.
