{"title":"居民环境参与与企业绿色管理:强制性和自愿性行为的影响","authors":"Qian Li, Zhouyuanye Wang, Ruodan Zhou","doi":"10.1016/j.frl.2025.107444","DOIUrl":null,"url":null,"abstract":"<div><div>Residents’ participation in mandatory (government-driven) and voluntary (self-initiated) environmental behaviors may have different impacts on corporate green management. This study examines Chinese A-share listed companies to explore how these distinct behaviors influence corporate green practices and to uncover the underlying mechanisms. The findings reveal that mandatory behaviors are particularly effective in reducing pollution and enhancing transparency, whereas voluntary behaviors are more influential in driving corporate innovation. The mechanism analysis reveals that the development of ENGOs primarily drives improvements in pollution control and transparency associated with mandatory behaviors by exerting regulatory pressure on companies, whereas media attention amplifies the effects of voluntary behaviors, particularly in promoting transparency. These findings highlight the distinct and complementary roles of residents’ mandatory and voluntary environmental behaviors in influencing corporate green management and offer valuable insights into the mechanisms driving these outcomes.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"80 ","pages":"Article 107444"},"PeriodicalIF":6.9000,"publicationDate":"2025-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Residents’ environmental participation and corporate green management: The influence of mandatory and voluntary behaviors\",\"authors\":\"Qian Li, Zhouyuanye Wang, Ruodan Zhou\",\"doi\":\"10.1016/j.frl.2025.107444\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Residents’ participation in mandatory (government-driven) and voluntary (self-initiated) environmental behaviors may have different impacts on corporate green management. This study examines Chinese A-share listed companies to explore how these distinct behaviors influence corporate green practices and to uncover the underlying mechanisms. The findings reveal that mandatory behaviors are particularly effective in reducing pollution and enhancing transparency, whereas voluntary behaviors are more influential in driving corporate innovation. The mechanism analysis reveals that the development of ENGOs primarily drives improvements in pollution control and transparency associated with mandatory behaviors by exerting regulatory pressure on companies, whereas media attention amplifies the effects of voluntary behaviors, particularly in promoting transparency. These findings highlight the distinct and complementary roles of residents’ mandatory and voluntary environmental behaviors in influencing corporate green management and offer valuable insights into the mechanisms driving these outcomes.</div></div>\",\"PeriodicalId\":12167,\"journal\":{\"name\":\"Finance Research Letters\",\"volume\":\"80 \",\"pages\":\"Article 107444\"},\"PeriodicalIF\":6.9000,\"publicationDate\":\"2025-04-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Finance Research Letters\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1544612325007044\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325007044","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Residents’ environmental participation and corporate green management: The influence of mandatory and voluntary behaviors
Residents’ participation in mandatory (government-driven) and voluntary (self-initiated) environmental behaviors may have different impacts on corporate green management. This study examines Chinese A-share listed companies to explore how these distinct behaviors influence corporate green practices and to uncover the underlying mechanisms. The findings reveal that mandatory behaviors are particularly effective in reducing pollution and enhancing transparency, whereas voluntary behaviors are more influential in driving corporate innovation. The mechanism analysis reveals that the development of ENGOs primarily drives improvements in pollution control and transparency associated with mandatory behaviors by exerting regulatory pressure on companies, whereas media attention amplifies the effects of voluntary behaviors, particularly in promoting transparency. These findings highlight the distinct and complementary roles of residents’ mandatory and voluntary environmental behaviors in influencing corporate green management and offer valuable insights into the mechanisms driving these outcomes.
期刊介绍:
Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies.
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