Sustainability,
Год журнала:
2024,
Номер
16(24), С. 10895 - 10895
Опубликована: Дек. 12, 2024
Climate
risk’s
effects
on
society
and
economic
development
are
becoming
more
pronounced,
enterprises
have
to
seize
the
opportunity
for
green
transformation.
Based
public
company
data
from
2011
2022,
this
study
explores
causal
relationship
between
climate
risk
exposure
(CRE)
ESG
performance
by
using
a
two-way
fixed
effect
mode.
The
results
indicate
that
CRE
significantly
enhances
firms’
performance,
which
makes
improvements
in
environmental
practices.
impact
of
promotion
is
particularly
pronounced
state-owned
low-polluting
businesses.
In
addition,
it
can
improve
through
potential
channels,
such
as
employing
executives,
improving
protection,
boosting
innovation.
Meanwhile,
digital
level
financing
constraints
play
an
effective
moderating
role.
Further
discussion
shows
increase
has
prompted
firms
fulfill
responsibilities
reduce
carbon
emissions.
This
provides
new
quantitative
evidence
how
respond
risk,
expanding
existing
research
performance.
It
further
examines
specific
path
companies’
transformation
firm-level
insights
policymakers
address
change.
These
enrich
theoretical
system
management
help
strengthen
awareness
cope
with
sustainable
development.
China Accounting and Finance Review,
Год журнала:
2025,
Номер
unknown
Опубликована: Фев. 12, 2025
Purpose
This
study
examines
the
impact
of
firm-level
climate
risk
exposure
(FCRE)
on
firm
stock
liquidity
by
using
a
sample
Indian-listed
firms
from
financial
years
2003–2004
to
2022–2023.
Further,
it
endeavors
investigate
moderating
role
environmental,
social
and
governance
(ESG)
disclosure
in
this
relationship.
Design/methodology/approach
A
novel
text-based
FCRE
metric
is
introduced
sophisticated
Word2Vec
model
through
Python-generated
algorithm
for
each
year
based
management
discussions
analysis
(MD&A)
reports.
The
panel
fixed
effect
used
how
affects
liquidity.
Findings
result
shows
that
negatively
firms’
liquidity,
remains
robust
after
addressing
endogeneity
concerns.
In
addition,
we
find
high
ESG
rating
significantly
moderated
adverse
FCRE.
Furthermore,
our
reveals
investor
sentiment,
information
quality,
corporate
life
cycle
institutional
holdings
moderate
Practical
implications
offers
valuable
insights
investors,
managers
policymakers
integrating
into
investment
strategies,
improving
shaping
policies
incentivize
sustainable
behavior.
Originality/value
To
best
knowledge,
an
early
explore
relationship
between
firm-specific
advanced
machine
learning
techniques.
It
contributes
existing
literature
illustrating
can
lead
market
reactions
while
highlighting
critical
roles
practices,
sentiment
quality
influencing
Management Decision,
Год журнала:
2024,
Номер
unknown
Опубликована: Авг. 16, 2024
Purpose
This
paper
aims
to
address
the
gaps
in
current
research
by
exploring
how
blockchain
technology
influences
corporate
green
innovation.
Design/methodology/approach
study
investigates
potential
of
stimulate
innovation
companies
using
difference-in-difference
model
with
a
panel
data
set
1,803
Chinese
listed
from
2012
2019.
Findings
The
application
significantly
increases
number
invention
patents
obtained
but
has
no
significant
impact
on
utility
patents,
that
is,
applications
improve
quality
rather
than
quantity
role
promoting
is
particularly
pronounced
state-owned
enterprises,
non-heavily
polluting
industries
and
older
companies.
use
helps
reduce
sales
costs
boosts
development
investments,
thereby
encouraging
Additionally,
company’s
internal
control
plays
moderating
effect.
Originality/value
Firstly,
previous
primarily
centered
its
relationship
supply
chain
management.
article
empirically
tests
DID
method.
Secondly,
studies
mainly
explore
influencing
factors
patents.
examines
both
identifies
distinct
effects.
Finally,
this
introduces
mechanism
enterprises
into
explores
between
Frontiers in Business Economics and Management,
Год журнала:
2024,
Номер
17(2), С. 245 - 266
Опубликована: Ноя. 30, 2024
Grounded
in
Institutional
Theory,
Resource-Based
View
(RBV),
and
Diffusion
of
Innovation
the
study
examines
how
SMEs
navigate
resource
constraints,
supply
chain
management,
regulatory
frameworks,
awareness
gaps
pursuing
sustainable
green
development.
The
research
utilizes
a
quantitative-descriptive
approach
with
causal-comparative
design
employs
purposive
sampling
to
select
303
SME
owners
from
Guangdong
Province,
China.
Data
were
collected
through
structured
survey
focusing
on
business
practices
like
energy-efficient
technologies,
waste
minimization,
partnering
environmentally
responsible
suppliers,
water-saving
integrating
environmental
considerations
into
product
designs,
renewable
energy
investment
implementing
an
Environmental
Management
System
(EMS).
Findings
reveal
that
recognize
importance
practices,
they
face
less
challenges
allocation,
awareness,
management
landscape.
SSRN Electronic Journal,
Год журнала:
2024,
Номер
unknown
Опубликована: Янв. 1, 2024
The
vulnerability
of
financial
markets
to
climate
risk
has
received
significant
attention
and
become
a
prominent
topic
in
policy
debates,
especially
following
the
Paris
Agreement.
In
this
study,
we
propose
Climate-Policy-Relevant
Sectors
(CPRS)
classification
for
China
create
three
climate-related
indices.
We
then
analyze
impact
on
time-frequency
spillover
effects
across
CPRS
using
method
quantile-on-quantile
method.
Our
findings
indicate:
(i)
there
is
consistent
upward
trend
indices,
indicating
growing
China;
(ii)
energy-intensive
sector
acts
as
transmitter
both
time
frequency
domains,
while
fossil
fuel
primarily
serves
receiver;
(iii)
risks
amplify
among
short
term.
These
results
confirm
exposure
landscape
CPRS.
insights
obtained
from
study
can
provide
valuable
guidance
policy-makers
investors
effectively
managing
risk.
