The Relationship between Environmental Regulation, Pollution and Corporate Environmental Responsibility

Abstract

The rapid economic development has severely damaged the ecological environment and affected public health. Firms are the main source of pollution; thus, corporate environmental responsibility (CER) has attracted great attention from the government, shareholders and the public. This study used both the fixed effects model and the system GMM (Generalized Method of Moments) model to examine the relationship between environmental pollution, environmental regulations and CER for 30 provinces in China, over the period 2005 to 2015. This study drew the following results: first, mandatory CER disclosure policy can significantly decrease environmental pollution. Second, an inverted U-shaped relationship exists between environmental regulations and environmental pollution. Third, environmental pollution has a positive impact on CER. Fourth, an inverted U-shaped relationship exists between environmental regulations and CER. Therefore, it is necessary to find a balance between environmental regulations affecting environmental pollution and CER so that they can effectively reduce environmental pollution and increase the enthusiasm of firms to carry out environmental responsibility activities.

Analysis of Spatial Heterogeneity and Influencing Factors of Ecological Environment Quality in China’s North-South Transitional Zone

“…To verify how scientific and accurate the value of RSEI is in this study, EQI is combined with possible influencing factors, and principal component analysis is used to couple and analyze multiple environmental indicators [49], as follows: EQI = SPCA{f(TEM, PRE, TI, LAND, SL, SOM, POP, GDP)} (7) where TEM and PRE are the average annual temperature and annual precipitation in the study area, respectively, TI is the topographic index based on slope and altitude, LAND is the land use degree, SL is the soil erosion intensity, SOM is the soil organic matter content, and POP and GDP are the population density and total GDP, respectively.…”

“…Their changes have varying degrees of impact on the quality of the ecological environment [ 5 ]. In addition, the mountain ecological environment is affected more by environmental problems such as soil erosion, forest degradation, and land desertification than other areas; the heterogeneity of the mountain itself and the negative interference by human beings have exacerbated the vulnerability of the ecological environment [ 6 , 7 , 8 ]. Therefore, studying the impact mechanism of mountain ecological and environment assessment is of great significance in constructing an ecological civilization and estimating the value of ecosystem services.…”

The Impact of Green Credit on the Green Innovation Level of Heavy-Polluting Enterprises—Evidence from China

“…Ref. [ 20 ] also confirmed that green credit has a major impact on promoting green and sustainable development in China. At the same time, environmental pollution is closely related to the industrial structure [ 21 ].…”

Environmental Regulation Intensity, Carbon Footprint and Green Total Factor Productivity of Manufacturing Industries

“…Meanwhile, against the background that achieving “carbon peak” and “carbon neutrality” has been taken as one of the key tasks in 2021 since China’s central economic work conference in 2020, controlling the absolute value of carbon emissions has become urgent. Traditionally, while the manufacturing sector drives economic growth [ 28 , 29 , 30 , 31 , 32 ], it is often accompanied by increased carbon emissions and large amounts of greenhouse gases and pollutants [ 33 , 34 , 35 , 36 ]. This paper integrates carbon emissions into the mechanism of environmental regulation intensity affecting GTFP, and further explores whether the control of carbon emissions can improve the comprehensive environmental and economic performance of the manufacturing industry.…”