Optimal Strategies of Product Price, Quality, and Corporate Environmental Responsibility

Peng, Wei; Xin, Baogui; Kwon, Yekyung

doi:10.3390/ijerph16234704

Cited by 18 publications

(17 citation statements)

References 67 publications

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“…In the CSR game, when a company achieves good CSR performance, competitors will follow suit and increase investment in CSR to achieve better results [75]. In other words, CSR behavior has a positive spillover effect [76,77].…”

Section: Hypothesis 2b (H2b) Sales Will Have a Positive Effect On Comentioning

confidence: 99%

Spatial Dynamics between Firm Sales and Environmental Responsibility: The Mediating Role of Corporate Innovation

2021

Sustainability

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Corporate environmental responsibility (CER) is increasingly gaining interest among researchers and practitioners. Despite this extensive interest, systematic research regarding the effect of sales on environmental performance remains scarce. In this study, an empirical analysis on a sample of 909 Chinese listed companies from 2010 to 2016 showed that sales positively impact environmental performance. This study also showed that corporate innovation mediates the relationship between sales and environmental performance. Furthermore, this study showed that environmental performance has a positive spatial spillover effect. Enterprises appear to promote their own environmental performance as a response to a rise in the environmental performance of their neighbors. The external control theory of organization has important reference significance and explanatory power for CER behavior in emerging economies.

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Section: Hypothesis 2b (H2b) Sales Will Have a Positive Effect On Comentioning

confidence: 99%

Spatial Dynamics between Firm Sales and Environmental Responsibility: The Mediating Role of Corporate Innovation

2021

Sustainability

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“…They show that ECSR investment widens wage inequality between skilled and unskilled workers via the factor substitution effect, while the increased capital cost causes firms to exit in the long run. Peng et al (2019) consider the optimal strategies of product price, quality, and corporate environmental responsibility by developing a monopoly differential game. Our study differs from the afore-mentioned studies by our focus on the impacts of ECSR on green product and process innovation in a dynamic setting.…”

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confidence: 99%

Does environmental corporate social responsibility (ECSR) promote green product and process innovation?

Wang

2021

Manage Decis Econ

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We develop a dynamic model to investigate the effects of environmental corporate social responsibility (ECSR) on a monopolist's investments in green product and process innovation. We find that ECSR increases the steady‐state investments of green product and process innovation only when the weight a firm gives to pollution is large, while ECSR does not affect the complementarity (substitutability) relationship between green product and process innovation in the long run. To achieve a socially optimal investment in green product innovation, the government should urge the firm to pay more attention to the environment than to the consumer surplus.

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“…In this paper, numerical simulations were conducted using Matlab software to investigate evolutionary paths under various emotional combinations and emotional parameters. The specific parameters are provided in Table 9 and were determined using the gain relationship and the work of references [15,65,66]. Section 3 of the article analyzes the stability of the strategy combinations in four contexts-(rational, rational), (emotional, emotional), (rational, emotional), and (emotional, rational)-based on the different emotional states of the construction companies and the public.…”

Section: Simulation Analysismentioning

confidence: 99%

“…It restricts decision makers' single-minded pursuit of maximizing profits and aids in the creation and adoption of agendas and regulations for sustainable development [14]. With the awakening of environmental consciousness, an increasing number of businesses are shifting their CSR focus from charitable donations to environmental actions in order to "go green" [15]. Scholars have paid increased attention to CSR and environmental corporate social responsibility in accordance with the increase in environmental awareness in today's environmental evolution (e.g., climate change) [16][17][18][19].…”

Section: Introductionmentioning

confidence: 99%

How Does Public Sentiment Affect the Socially Responsible Behavior of Construction Enterprises?

et al. 2022

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The negative environmental impact of the construction sector has garnered global attention, and as the “primary force” in achieving the “double carbon” target, green development is urgent, and social responsibility practices cannot be postponed. An evolutionary game model was constructed by combining the rank-dependent expected utility (RDEU) theory and the evolutionary game theory to understand the interaction mechanism between participants’ emotions and decisions, taking into account the characteristics of construction enterprises and the public regarding irrational decisions under heterogeneous emotional combinations. The study demonstrates that: (1) there is probability in the choice of rational strategies, and emotion is an irrational factor that can affect strategy choice. (2) The evolutionary trend of the strategy choice of the game subjects is altered by emotional intensity and emotional propensity. The optimism of construction enterprises inhibits their socially responsible practice, and the pessimism of the public promotes the probability of their negative strategy choice. Furthermore, moderate optimism is a safety valve for the public’s positive strategy choice. (3) The interaction of emotional states leads to a heterogeneity of strategy choices exhibited under different combinations of emotions, with the emotions of construction companies having a more dominant influence on strategy. Finally, we make some feasible recommendations for improving social responsibility practices and preventing mass incidents by boosting emotional monitoring and guidance for construction businesses and the general public. Overall, this study provides important information about how to be socially responsible, maintain good relationships with the public, and protect the environment.

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Optimal Strategies of Product Price, Quality, and Corporate Environmental Responsibility

Cited by 18 publications

References 67 publications

Spatial Dynamics between Firm Sales and Environmental Responsibility: The Mediating Role of Corporate Innovation

Spatial Dynamics between Firm Sales and Environmental Responsibility: The Mediating Role of Corporate Innovation

Does environmental corporate social responsibility (ECSR) promote green product and process innovation?

How Does Public Sentiment Affect the Socially Responsible Behavior of Construction Enterprises?

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