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

IF 6.9 2区 经济学 Q1 BUSINESS, FINANCE
Qian Li, Zhouyuanye Wang, Ruodan Zhou
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引用次数: 0

摘要

居民参与强制性(政府驱动)和自愿性(自发)环境行为可能对企业绿色管理产生不同的影响。本研究以中国a股上市公司为研究对象,探讨这些不同的行为如何影响企业的绿色实践,并揭示其潜在机制。研究结果表明,强制性行为在减少污染和提高透明度方面特别有效,而自愿行为在推动企业创新方面更有影响力。机制分析表明,非政府组织的发展主要通过对企业施加监管压力来推动与强制性行为相关的污染控制和透明度的改善,而媒体的关注则放大了自愿行为的效果,特别是在促进透明度方面。这些发现突出了居民强制性和自愿性环境行为在影响企业绿色管理方面的独特和互补作用,并为推动这些结果的机制提供了有价值的见解。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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.
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来源期刊
Finance Research Letters
Finance Research Letters BUSINESS, FINANCE-
CiteScore
11.10
自引率
14.40%
发文量
863
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. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance
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