2000
DOI: 10.1023/a:1018762504159
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Cited by 34 publications
(5 citation statements)
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“…Meanwhile, the coefficients of court × DE are significantly negative, indicating that generating a deterrence effect is indeed one of the influencing channels for ECs to reduce firms' APEs. This conclusion is in line with our analysis in Section 2 and confirms the previous viewpoints [16,25].…”
Section: Discussionsupporting
confidence: 93%
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“…Meanwhile, the coefficients of court × DE are significantly negative, indicating that generating a deterrence effect is indeed one of the influencing channels for ECs to reduce firms' APEs. This conclusion is in line with our analysis in Section 2 and confirms the previous viewpoints [16,25].…”
Section: Discussionsupporting
confidence: 93%
“…With the establishment of ECs, the pollution behaviors of these enterprises may be more constrained because they are more likely to be sued for their excessive emissions. Meanwhile, with the establishment of ECs, it may send a stronger deterrent signal to other polluters and improve the effect of emissions reductions [25]. As expected, we can see from the Panel B of Table 9, the establishment of ECs can promote industrial enterprises with high pollution intensity to reduce their APEs (3.27%).…”
Section: Heterogeneity Testsupporting
confidence: 59%
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