企业环境努力、政府环境补贴与企业非环境研发强度:来自上市公司的证据

IF 3.6 2区 哲学 Q2 BUSINESS
Weihong Chen, David Diwei Lv, Christina W. Y. Wong
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引用次数: 1

摘要

基于行为理论,本研究考察了企业的环境努力与政府补贴水平之间的错位如何影响企业在非环境研发方面的投资;D.基于2008-2019年中国a股上市公司的样本,运用多项式回归技术,我们的研究结果表明,“低努力高补贴”组的企业表现出较低的非环境R&;D强度与“高努力低补贴”组中的公司相比。这项研究通过揭示企业环境努力、政府补贴和非环境R&;D投资。研究结果表明,将企业的环保努力与政府的补贴水平相结合,以有效地将资源分配给不同类型的R&;D.这项研究的启示表明,企业应该仔细考虑将其环境努力与政府补贴相结合,以优化其在非环境研发方面的投资;D和整体创新战略。此外,研究表明,企业和政府应谨慎地平衡环境R&;D和非环境R&;D,以避免对后者产生任何负面影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Corporate environmental efforts, government environmental subsidies, and corporate non-environmental R&D intensity: Evidence from listed firms

Drawing on the behavioral theory, this study examines how the misalignment between a firm's environmental effort and the level of subsidies received from the government in affecting the firm's investment in non-environmental R&D. Based on a sample of Chinese A-share listed firms from 2008 to 2019 and using polynomial regression techniques, our findings reveal that firms in the “low effort-high subsidies” group exhibit lower non-environmental R&D intensity compared to firms in the “high effort-low subsidies” group. This study contributes to the literature by shedding light on the interplay between corporate environmental efforts, government subsidies, and non-environmental R&D investment. The findings suggest the importance of aligning the environmental efforts of firms with subsidy levels from the government to effectively allocate resources for different types of R&D. The implications of this research suggest that firms should carefully consider aligning their environmental efforts with government subsidies to optimize their investment in non-environmental R&D and overall innovation strategy. Furthermore, the study indicates that firms and governments should prudently balance the relationship between environmental R&D and non-environmental R&D to avoid any negative impact on the latter.

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来源期刊
CiteScore
5.20
自引率
19.00%
发文量
86
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