Can I read Balancing growth targets and environmental regulations: An empirical analysis of dual policy impact on corporate environmental responsibility–insights from China on EtoBox?
Balancing growth targets and environmental regulations: An empirical analysis of dual policy impact on corporate environmental responsibility–insights from China by Ting Wu; Le Wen; Ming Yi is a Environmental Science article available to read on EtoBox.
What is Balancing growth targets and environmental regulations: An empirical analysis of dual policy impact on corporate environmental responsibility–insights from China about?
Balancing economic growth with environmental conservation poses a universal challenge for governments worldwide. This study investigates the intricate interplay between governments' economic-environmental tradeoffs and their implementation of policies aimed at promoting Corporate Environmental Responsibility (CER). Given the discretion of Chinese local governments in economic and environmental policy, we take China as a case study. To conduct this research, we first merge critical data on China's economic growth targets and environmental regulations with information on listed enterprises. Then, we employ a "U-shaped" relationship model to examine the impact of these trade-offs on CER implementation. The results reveal that: (1)The effective fulfillment of CER by enterprises is primarily driven by stricter environmental regulations. (2) Economic growth targets can, to some extent, diminish the policy effect of environmental regulations on CER fulfillment. (3)The crowding-out effect of economic growth targets is particularly pronounced within specific subsets of enterprises, including state-owned enterprises, heavily polluting firms, and those facing high profit pressure. These findi
Who reads Balancing growth targets and environmental regulations: An empirical analysis of dual policy impact on corporate environmental responsibility–insights from China?
It is typically read by researchers, students, and practitioners in Environmental Science.
- Author
- Ting Wu; Le Wen; Ming Yi
- Publisher
- Elsevier BV
- Published
- 2024
- Language
- EN
- Field
- Environmental Science (Physical Sciences)