External financing demands, media attention and the impression management of carbon information disclosure

Qiang, Zhimin; Zhang, Shuxia

doi:10.1080/17583004.2021.1899755

Cited by 10 publications

(2 citation statements)

References 32 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Through rapid media coverage, regulators can easily access corporate information and thus provide timely warnings to firms with undesirable environmental behaviors (Yang et al, 2020; Zhang et al, 2022). Second, as an informal external supervisory mechanism, media exposure makes corporate environmental behavior more transparent and shapes external stakeholders’ perceptions of corporate image and social reputation (Luo et al, 2021; Su et al, 2022). If firms fail to reasonably use government environmental subsidies for environmental management, and this failure is exposed by the media, firms’ reputation and sustainable operation will be threatened (Zhang et al, 2022).…”

Section: Resultsmentioning

confidence: 99%

Do Government Environmental Subsidies Improve Corporate Carbon Performance? Evidence From China

Luo,

Liu,

Liu

2023

The Journal of Environment & Development

Self Cite

View full text Add to dashboard Cite

Improving corporate carbon performance is imperative for sustainable economic and social development. Using a sample of Chinese A-share-listed manufacturing firms from 2012 to 2019, this study explores how government environmental subsidies affect corporate carbon performance. The baseline results show that government environmental subsidies are positively associated with corporate carbon performance, suggesting an improving effect of government environmental subsidies on corporate carbon performance. These results are robust to a set of sensitivity tests. Further, the channel analyses show that government environmental subsidies improve corporate carbon performance by alleviating financial constraints and enhancing environmental information disclosure. Moreover, cross-sectional analyses show that the improving effect of government environmental subsidies on corporate carbon performance is stronger in state-owned enterprises, in firms with higher executive environmental awareness, and in firms with higher media attention. This study provides meaningful insights for the government seeking to promote low-carbon development through environmental subsidies.

show abstract

Section: Resultsmentioning

confidence: 99%

Do Government Environmental Subsidies Improve Corporate Carbon Performance? Evidence From China

Luo,

Liu,

Liu

2023

The Journal of Environment & Development

Self Cite

View full text Add to dashboard Cite

show abstract

“…Second, the media's concern also affects the extent to which stakeholders exert pressure on companies [64]. Especially when companies have external financing needs, the media's concern can make companies more cautious [65].…”

Section: The Moderating Role Of Green Concernmentioning

confidence: 99%

Green finance and the synergy of ESGGI performance of Chinese companies: Does green concern matter?

Liu,

Song

2023

PLoS ONE

View full text Add to dashboard Cite

This study aims to investigate green finance’s impact on the synergy between ESG and green innovation (ESGGI) performance and examine the potential influence played by stakeholders’ green concerns on this impact. Hence, we calculated the synergy of ESGGI performance based on the entropy method and the coupled coordination degree model and conducted regression analyses on the data of 1143 Chinese companies from 2012 to 2020. The results reveal a remarkable inverted U-shaped relationship between green finance and the synergy of ESGGI performance. Additionally, the green concerns of the government and the media can efficiently moderate green finance’s impact on the synergy of ESGGI performance. Further tests show that green finance’s impact on the synergy of ESGGI performance of SOEs, HPEs, and HTEs is more significant. This paper demonstrates an association between green finance and the synergy of ESGGI performance, which yields new insights for companies to implement green transformation and sustainable development.

show abstract

The impact of carbon information disclosure on the cost of capital: The moderating role of regulatory pressures

Long

Wang

et al. 2023

Resources, Conservation and Recycling

View full text Add to dashboard Cite

External financing demands, media attention and the impression management of carbon information disclosure

Cited by 10 publications

References 32 publications

Do Government Environmental Subsidies Improve Corporate Carbon Performance? Evidence From China

Do Government Environmental Subsidies Improve Corporate Carbon Performance? Evidence From China

Green finance and the synergy of ESGGI performance of Chinese companies: Does green concern matter?

The impact of carbon information disclosure on the cost of capital: The moderating role of regulatory pressures

Contact Info

Product

Resources

About