Can public environmental concern inhibit the market entry of polluting firms: Micro evidence from China

Du, Weijian; Li, Mengjie; Fan, Yuhuan; Liang, Sunfan

doi:10.1016/j.ecolind.2023.110528

Cited by 14 publications

(5 citation statements)

References 32 publications

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“…In addition, from the perspective of economic significance, the 6.6% increase in ULGUE following the implementation of EPIL exceeds the findings from the existing literature on the impact of policies such as low-carbon city construction (2.58%) and free trade zone construction (5.71%), reflecting a positive impact of EPIL policy on ULGUE [ 36 , 40 ]. Increasingly, public environmental concern and related judicial system reforms in developing countries are playing a key role in environmental pollution control [ 28 , 41 – 43 ]. Indeed, as per the official summary of the EPIL pilot work by the Supreme People’s Procuratorate of China, as of June 2017, the procuratorial organs in the pilot areas had handled 6,527 public interest litigation cases in ecological environment and resource protection; mandated restoring 129,000 hectares of polluted and damaged farmland, forest land, wetlands, and grasslands and more than 180 square kilometers of polluted water sources; and required more than 1,700 illegal enterprises to make rectifications.…”

Section: Empirical Results and Analysismentioning

confidence: 99%

Does environmental public interest litigation improve the urban land green use efficiency?—Evidence from a quasi-natural experiment in China

Zhao,

Xie,

Huang

2024

PLoS ONE

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Environmental public interest litigation (EPIL) is a significant part of the judicial system; it is aimed at strengthening judicial protections and safeguarding public interests. Based on the quasi-natural experimental setting of China’s EPIL pilot project, this study examines the impact of EPIL on the country’s urban land green use efficiency (ULGUE). The findings show that effectively implementing EPIL enhances ULGUE. Specifically, this policy has led to a 6.6% increase in ULGUE in pilot cities, and its impact has grown stronger over time. Mechanism analysis results show that EPIL mainly enhances ULGUE by strengthening environmental supervision and law enforcement, by increasing public participation in environmental governance, and by promoting green innovation and industrial structure upgrades. Furthermore, heterogeneity analysis revealed that the positive effects of this policy implementation are more pronounced in resource-based cities, cities with open environmental information, and cities with high marketization. This paper provides empirical evidence for the effectiveness of environmental governance via EPIL.

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Section: Empirical Results and Analysismentioning

confidence: 99%

Does environmental public interest litigation improve the urban land green use efficiency?—Evidence from a quasi-natural experiment in China

Zhao,

Xie,

Huang

2024

PLoS ONE

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“…Consequently, we utilized the ratio of total employees in urban water, environmental, and public facilities management sectors to the overall urban employment as a proxy for measuring pollution control talent (PCT). Moreover, for this study, drawing on existing research, we used the green space ratio in built-up urban areas as a metric for urban green areas (GLA) [45], applied the Baidu index search engine to gauge the frequency of "environmental pollution" keyword searches by residents of various prefectural-level cities over the years as an indicator of public environmental concern (CON) [46,47], and measured the residential waste management rate (RBU) using the proportion of city's processed residential waste to its generated amount [48].…”

Section: Mediating Variablesmentioning

confidence: 99%

Can Green Infrastructure Investment Reduce Urban Carbon Emissions:Empirical Evidence from China

Ai,

Yan

2024

Land

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Green infrastructure (GI) plays a pivotal role in contemporary urban infrastructure. Green infrastructure investment (GII) provides a fresh perspective for controlling urban carbon emissions in the context of global climate change. Based on theoretical analysis, we employed panel data from Chinese cities to examine the effects and operating mechanisms of GII on urban carbon emissions. The research reveals that the incremental GII can notably decrease urban carbon emissions, and various robustness tests and endogeneity checks corroborate this finding. However, when considering the cumulative effect, the GII stocks do not appear to influence urban carbon emissions; GII mitigates urban carbon emissions by drawing in pollution control talents, improving the efficiency of household waste treatment, increasing urban green spaces, and heightening public attention to the environment. Relative to cities in the central-western region, northern cities, smaller cities, resource-based cities, smart pilot cities, and cities with a lesser environmental emphasis, GII is more effective in curbing carbon emissions in eastern cities, southern cities, larger cities, non-resource-intensive cities, cities not in the smart pilot initiative, and cities with a stronger environmental focus. This research enhances the understanding of GI’s environmental outcomes and the determinants of urban carbon emissions from an investment viewpoint. It also dissects the four operative mechanisms through which GII lowers urban carbon emissions, offering a novel interpretation of GII for the variance in carbon emission levels across cities with diverse traits.

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“…The effective execution of environmental governance is a concern for stakeholders. According to ecofeminist theory, it has been suggested that women are better equipped to be in harmony with nature and accept responsibility (W. Du, Li, Fan, & Liang, 2023;Villalba-Ríos, Barroso-Castro, Vecino-Gravel, & Villegas-Periñan, 2023). Enterprises must prioritize fulfilling social responsibilities while also pursuing economic benefits through scientific and technological innovation.…”

Section: Moderating Effects Of Female Leadership and Financing Constr...mentioning

confidence: 99%

The impact mechanism of carbon emission reduction performance on financial performance based on carbon neutral targets: Evidence from Chinese energy enterprises

Sokolov,

Jiang,

Ding

2024

Nurture

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Purpose: Low-carbon and green technologies are crucial for achieving industrial structure upgrades and significant leaps forward in the development of energy enterprises. Therefore, this paper examines the correlation between carbon emission reduction and financial performance in energy firms. Design/Methodology/Approach: A two-way fixed-effects model is developed using data from 33 Chinese energy-listed companies between 2015 and 2020. Findings: The benchmark regression results show that improving a company's carbon emission reduction performance leads to better financial performance. Moreover, assuming corporate responsibility for reducing emissions can boost companies' reputations and foster better relationships with stakeholders. The trustworthiness of the standard regression outcome is validated through alternative independent variables, reducing time frames, and incorporating previously omitted factors. The results of heterogeneity analyses show that reducing carbon emissions has the same effect on financial performance across all regional characteristics and equity subgroups. Furthermore, the internal transmission mechanism analysis reveals that female leadership positively moderates the effect, while financing constraints negatively moderate the relationship between carbon emission reduction performance and financial performance. Conclusion: Under the national green development strategy of achieving carbon neutrality and carbon peaking, the carbon information disclosure system should be improved by the government; enterprises should implement innovative methods for low-carbon economic management and operation; and regulators should establish effective green regulations, incentives, and constraints. This paper offers a comprehensive guide for energy companies and their stakeholders to reduce carbon emissions, thereby achieving sustainability.

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Can public environmental concern inhibit the market entry of polluting firms: Micro evidence from China

Cited by 14 publications

References 32 publications

Does environmental public interest litigation improve the urban land green use efficiency?—Evidence from a quasi-natural experiment in China

Does environmental public interest litigation improve the urban land green use efficiency?—Evidence from a quasi-natural experiment in China

Can Green Infrastructure Investment Reduce Urban Carbon Emissions:Empirical Evidence from China

The impact mechanism of carbon emission reduction performance on financial performance based on carbon neutral targets: Evidence from Chinese energy enterprises

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