管理近视与绿色投资：来自中国的证据

IF 2.5 3区经济学 Q2 ECONOMICS

Managerial and Decision Economics Pub Date : 2024-07-22 DOI:10.1002/mde.4317

Meilin Jin, Xinyao Li, Bei Liu, Jincheng Li

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引用次数: 0

摘要

本文以 2004 年至 2020 年中国 A 股上市公司为研究对象，探讨了管理层近视对绿色投资者投资行为的影响。研究发现，管理层近视严重抑制了绿色投资者的投资行为。通过企业声誉和绿色技术的发展，管理近视影响了绿色投资者的投资意向。环保项目补贴并不能减轻管理近视对绿色投资意愿的负面影响。有趣的是，与 "利润相关 "和 "奖励 "类的环保项目相比，环保项目补助的形式加剧了管理近视对绿色投资的抑制作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Management myopia and green investment: Evidence from China

This paper examines the impact of management myopia on the investment behavior of green investors using A-share listed companies from 2004 to 2020 in China. The research reveals that management myopia significantly inhibits the investment behavior of green investors. Through corporate reputation and the development of green technologies, management myopia affects the investment intentions of green investors. Environmental project subsidies do not mitigate the negative impact of management myopia on green investment intentions. Interestingly, compared to environmentally friendly projects categorized under “profit-related” and “reward” headings, subsidies in the form of environmental project grants exacerbate the inhibitory effect of management myopia on green investment.

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来源期刊

Managerial and Decision Economics Multiple-

CiteScore

1.40

自引率

18.20%

发文量

242

期刊介绍： Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.