Who pays for environmental protection? The impact of green tax reform on labor share in China DOI

Xiahai Wei,

Feng Jiang, Yu Chen

и другие.

Energy Economics, Год журнала: 2023, Номер 125, С. 106862 - 106862

Опубликована: Июль 11, 2023

Язык: Английский

ESG ratings and green innovation: A U‐shaped journey towards sustainable development DOI Creative Commons
Cunyi Yang,

Conghao Zhu,

Khaldoon Albitar

и другие.

Business Strategy and the Environment, Год журнала: 2024, Номер 33(5), С. 4108 - 4129

Опубликована: Янв. 29, 2024

Abstract This study examines the relationship between corporate ESG ratings and green innovation based on data from Chinese A‐share listed companies for period 2011 2022. The findings suggest a “U”‐ shaped innovation. Companies with lower (referred to as “bad” companies) tend focus improving their governance operational conditions, often at expense of However, improve ratings, they increasingly view key growth area. is particularly evident in low profitability high risks. Additionally, we explore impact different types patents. finds that can mitigate negative through collaborative efforts, while non‐inventive innovations, benefit independent research development. Furthermore, role government subsidies executive compensation influencing this relationship. results show both positively negatively affect innovation, depending company's status rating. provide valuable insights companies, investors, policymakers regarding significant scores promoting strategies enhance sustainability performance.

Язык: Английский

Процитировано

82

Unlocking Sustainable Value through Digital Transformation: An Examination of ESG Performance DOI Creative Commons
Aleksy Кwilinski, Oleksii Lyulyov, Tetyana Pimonenko

и другие.

Information, Год журнала: 2023, Номер 14(8), С. 444 - 444

Опубликована: Авг. 7, 2023

Digital transformation has already begun to play a significant role in helping EU countries achieve sustainable values by promoting environmental, social and governance (ESG) efficiency. It is rapidly changing the economic landscape, which leads changes all sectors at levels. The European Union (EU) set ambitious goals for development climate change mitigation, such as Green Deal 2030 Agenda Sustainable Development. paper aims test spatial spillover effect of digitalization on ESG performance 2008–2020. study applies Durbin model check research hypothesis. empirical results revealed that exhibits varying levels performance. potential enhance shown effects. SDM estimates 1% increase digital inclusion minimal 0.001% index. statistically positive effects observed key enablers, public services businesses citizens, highlight contribution improving In addition, technological innovation serves critical conduit transmitting business sphere Given these findings, policymakers are advised strengthen efforts narrow divide, leveraging economy potent instrument. Additionally, dynamic targeted strategy should be implemented address disparities effectively.

Язык: Английский

Процитировано

68

Enterprise digital transformation and ESG performance DOI Open Access

Cen Cai,

Yongqian Tu, Zhi Li

и другие.

Finance research letters, Год журнала: 2023, Номер 58, С. 104692 - 104692

Опубликована: Ноя. 7, 2023

Язык: Английский

Процитировано

62

How does environmental, social, and governance (ESG) performance determine investment mix? New empirical evidence from BRICS DOI Creative Commons

Zhichao Yu,

Umar Farooq, Mohammad Mahtab Alam

и другие.

Borsa Istanbul Review, Год журнала: 2024, Номер 24(3), С. 520 - 529

Опубликована: Фев. 28, 2024

Integrating environmental, social, and governance (ESG) principles into investment decisions has garnered increased attention in the business landscape. Thus, current study aims to investigate intricate interplay between ESG performance patterns (capital vs. environmental) within corporate setting. This sought identify influence of scores on earnings-driven investments investment) environmental investments, exploring potential trade-offs implications for decision-making. The analysis was conducted by sampling nonfinancial sector enterprises from BRICS nations 2010 2022. For regression analysis, system generalized method moments (GMM) employed address endogeneity concerns. findings revealed a significant positive correlation investment). However, negative relationship emerged signifying financial profitability dedicated spending companies. Other variables, including firm size, debt ratios, cash holdings, CO2 emissions, significantly impacted patterns. study's outcomes provide valuable guidance managers navigating sustainable strategies. Emphasizing particularly capital projects, with high focus could align objectives practices, enhancing long-term viability stakeholder trust. insights contribute broader discourse responsible practices sustainability. shed light complexities balancing responsibilities, emphasizing need balanced approach reconciling goals commitments. contributes novel dissecting nuanced relationships decisions. provides perspective companies' mix pursuing performance.

Язык: Английский

Процитировано

43

Can ESG rating reduce corporate carbon emissions? – An empirical study from Chinese listed companies DOI
J. Y. Li,

Xiaoguang Xu

Journal of Cleaner Production, Год журнала: 2023, Номер 434, С. 140226 - 140226

Опубликована: Дек. 23, 2023

Язык: Английский

Процитировано

42

Unlocking sustainability potential: The impact of green finance reform on corporate ESG performance DOI
Da Gao, Xiaotian Zhou, Jing jing Wan

и другие.

Corporate Social Responsibility and Environmental Management, Год журнала: 2024, Номер 31(5), С. 4211 - 4226

Опубликована: Апрель 2, 2024

Abstract Improving the incentive mechanism and institutional framework of green finance policy is important to promote synchronization environmental management enterprise development. Based on China's reform innovation pilot (GFRIP) in 2017, this study constructs a quasi‐natural experiment with sample A‐share listed companies draws following conclusions. (1) The effectiveness GFRIP significantly promoting enterprises' ESG performance areas, robustness tests such as propensity score matching placebo reconfirm (2) can effectively improve by easing financing constraints, investment, improving managers' cognition. (3) Both external law enforcement internal manager awareness enhance promotion effect performance. (4) Heterogeneity analysis shows that state‐owned enterprises, large high‐polluting enterprises more affected policy. results provide valuable perspective how government policies implications for sustainable

Язык: Английский

Процитировано

39

The impact of firm's ESG performance on the skill premium: Evidence from China's green finance reform pilot zone DOI
Dongyang Zhang, Cao Wang,

Shan Miao

и другие.

International Review of Financial Analysis, Год журнала: 2024, Номер 93, С. 103213 - 103213

Опубликована: Март 16, 2024

Язык: Английский

Процитировано

30

The impact of ESG ratings on low carbon investment: Evidence from renewable energy companies DOI
Juan Lu, He Li

Renewable Energy, Год журнала: 2024, Номер 223, С. 119984 - 119984

Опубликована: Янв. 15, 2024

Язык: Английский

Процитировано

29

How digital transformation facilitate synergy for pollution and carbon reduction: Evidence from China DOI
Bei Liu, Zhaoxuan Qiu, Letian Hu

и другие.

Environmental Research, Год журнала: 2024, Номер 251, С. 118639 - 118639

Опубликована: Март 18, 2024

Язык: Английский

Процитировано

29

Investor attention and ESG performance: Lessons from China's manufacturing industry DOI
Jiafeng Gu

Journal of Environmental Management, Год журнала: 2024, Номер 355, С. 120483 - 120483

Опубликована: Фев. 29, 2024

Язык: Английский

Процитировано

28