{"title":"社会信用体系建设与企业环境绩效:来自中国的准自然实验","authors":"Xinghua Cui, Xueping Ning, Ning Xu, Wenjie Zhang","doi":"10.1177/0958305x231199153","DOIUrl":null,"url":null,"abstract":"This study explores the role of social credit system construction, an informal institution, in improving corporate environmental performance. To identify the causal connections between social credit and corporate environmental performance, the progressive difference-in-differences (DID) method is adopted by introducing the social credit system construction pilots aiming to improve the social credit environment of China as a quasi-natural experiment. Empirical results imply that social credit system constructions exert a significant improvement effect on corporate environmental performance. In addition, corporate innovation, financial constraints alleviation, and the strengthening of environmental cases enforcement are three effective action mechanisms by which social credit system constructions helping improve corporate environmental performance. Moreover, this promotion effect presents heterogeneity characteristics due to enterprises ownership and the environmental pollution degree of the city where the enterprise is located. This study provides an informal institutional perspective for the green development of enterprises.","PeriodicalId":11652,"journal":{"name":"Energy & Environment","volume":"26 1","pages":"0"},"PeriodicalIF":4.0000,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Social credit system construction and corporate environmental performance: A quasi-natural experiment from China\",\"authors\":\"Xinghua Cui, Xueping Ning, Ning Xu, Wenjie Zhang\",\"doi\":\"10.1177/0958305x231199153\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study explores the role of social credit system construction, an informal institution, in improving corporate environmental performance. To identify the causal connections between social credit and corporate environmental performance, the progressive difference-in-differences (DID) method is adopted by introducing the social credit system construction pilots aiming to improve the social credit environment of China as a quasi-natural experiment. Empirical results imply that social credit system constructions exert a significant improvement effect on corporate environmental performance. In addition, corporate innovation, financial constraints alleviation, and the strengthening of environmental cases enforcement are three effective action mechanisms by which social credit system constructions helping improve corporate environmental performance. Moreover, this promotion effect presents heterogeneity characteristics due to enterprises ownership and the environmental pollution degree of the city where the enterprise is located. This study provides an informal institutional perspective for the green development of enterprises.\",\"PeriodicalId\":11652,\"journal\":{\"name\":\"Energy & Environment\",\"volume\":\"26 1\",\"pages\":\"0\"},\"PeriodicalIF\":4.0000,\"publicationDate\":\"2023-09-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Energy & Environment\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1177/0958305x231199153\",\"RegionNum\":4,\"RegionCategory\":\"环境科学与生态学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ENVIRONMENTAL STUDIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy & Environment","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/0958305x231199153","RegionNum":4,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
Social credit system construction and corporate environmental performance: A quasi-natural experiment from China
This study explores the role of social credit system construction, an informal institution, in improving corporate environmental performance. To identify the causal connections between social credit and corporate environmental performance, the progressive difference-in-differences (DID) method is adopted by introducing the social credit system construction pilots aiming to improve the social credit environment of China as a quasi-natural experiment. Empirical results imply that social credit system constructions exert a significant improvement effect on corporate environmental performance. In addition, corporate innovation, financial constraints alleviation, and the strengthening of environmental cases enforcement are three effective action mechanisms by which social credit system constructions helping improve corporate environmental performance. Moreover, this promotion effect presents heterogeneity characteristics due to enterprises ownership and the environmental pollution degree of the city where the enterprise is located. This study provides an informal institutional perspective for the green development of enterprises.
期刊介绍:
Energy & Environment is an interdisciplinary journal inviting energy policy analysts, natural scientists and engineers, as well as lawyers and economists to contribute to mutual understanding and learning, believing that better communication between experts will enhance the quality of policy, advance social well-being and help to reduce conflict. The journal encourages dialogue between the social sciences as energy demand and supply are observed and analysed with reference to politics of policy-making and implementation. The rapidly evolving social and environmental impacts of energy supply, transport, production and use at all levels require contribution from many disciplines if policy is to be effective. In particular E & E invite contributions from the study of policy delivery, ultimately more important than policy formation. The geopolitics of energy are also important, as are the impacts of environmental regulations and advancing technologies on national and local politics, and even global energy politics. Energy & Environment is a forum for constructive, professional information sharing, as well as debate across disciplines and professions, including the financial sector. Mathematical articles are outside the scope of Energy & Environment. The broader policy implications of submitted research should be addressed and environmental implications, not just emission quantities, be discussed with reference to scientific assumptions. This applies especially to technical papers based on arguments suggested by other disciplines, funding bodies or directly by policy-makers.