制造企业走向可持续发展:ESG绩效、基于市场的环境监管和绿色技术创新

IF 8 2区 环境科学与生态学 Q1 ENVIRONMENTAL SCIENCES
Jiayi Yang , Zhili Zuo , Yonglin Li , Haixiang Guo
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引用次数: 0

摘要

传统制造业的粗放式发展对环境造成了严重破坏。因此,制造业迫切需要绿色转型,以实现可持续发展。本研究的主要目标是探讨绿色技术创新(GTI)对企业环境、社会和治理(ESG)绩效的影响程度。此外,研究还将确定这种影响在不同性质、资源配置能力和地理区域的企业之间是否存在差异。此外,我们还将探讨 GTI 如何通过内部和外部机制影响企业的 ESG 表现。我们以 3203 家中国制造业企业为样本,通过面板模型对这些问题进行了实证研究,共使用了 2006 年至 2022 年期间的 28334 个观测值。研究结果表明:(1)GTI 能显著提高企业的环境、社会和公司治理绩效;(2)基于市场的环境监管能积极影响 GTI 与企业环境、社会和公司治理绩效之间的关系;(3)GTI 能通过降低碳排放强度来改善企业的环境、社会和公司治理绩效;(4)GTI 对企业环境、社会和公司治理绩效的影响在非国有企业、绿色全要素生产率高的企业和中部地区企业中尤为明显。总之,这些发现为企业提高其环境、社会和治理绩效提供了明确的途径,为政府决策提供了理论基础,并有助于可持续发展。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Manufacturing enterprises move towards sustainable development: ESG performance, market-based environmental regulation, and green technological innovation
The traditional extensive development of the manufacturing industry has caused significant environmental damage. Consequently, the manufacturing sector urgently needs a green transformation to achieve sustainable development. The primary goal of current research is to examine the extent to which green technological innovation (GTI) impacts enterprises' environmental, social, and governance (ESG) performance. Moreover, it determines if this impact varies across enterprises of different natures, resource allocation capabilities, and geographical regions. Furthermore, we will explore how GTI affects the ESG performance of companies through internal and external mechanisms. We empirically examine these issues through panel models using a sample of 3203 Chinese manufacturing firms with 28,334 observations from 2006 to 2022. The findings reveal that (i) GTI significantly enhances firms' ESG performance; (ii) market-based environmental regulation positively influences the relationship between GTI and ESG performance; (iii) GTI contributes to improving a firm's ESG performance by reducing carbon emission intensity; and (iv) the impact of GTI on firms' ESG performance is notably pronounced among non-state-owned enterprises, those with high green total factor productivity, and firms in the central region. Collectively, these findings present a clear pathway for firms to enhance their ESG performance, provide a theoretical foundation for government policy decisions, and contribute to sustainable development.
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来源期刊
Journal of Environmental Management
Journal of Environmental Management 环境科学-环境科学
CiteScore
13.70
自引率
5.70%
发文量
2477
审稿时长
84 days
期刊介绍: The Journal of Environmental Management is a journal for the publication of peer reviewed, original research for all aspects of management and the managed use of the environment, both natural and man-made.Critical review articles are also welcome; submission of these is strongly encouraged.
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