4.6 Article

Can water resource tax reform improve the environmental performance of enterprises? evidence from China's high water-consuming enterprises

Related references

Note: Only part of the references are listed.
Article Business

Understanding the Impact of Mandatory CSR Disclosure on Green Innovation: Evidence from Chinese Listed Firms

Shenggang Ren et al.

Summary: Drawing on legitimacy theory, this study examines the impact of mandatory CSR reporting policy on firms' environmental responses. Using China's policy as a quasi-natural experiment, the results reveal that mandatory CSR reporting firms show higher green innovation performance. The effect is stronger for firms in areas with high environmental enforcement, state-owned enterprises, and those with higher media coverage. Both negative and positive media coverage strengthens the relationship between mandatory CSR disclosure and green innovation.

BRITISH JOURNAL OF MANAGEMENT (2023)

Article Green & Sustainable Science & Technology

How does China's green credit policy affect the green innovation of high polluting enterprises? The perspective of radical and incremental innovations

Yuming Zhang et al.

Summary: This paper explores the effects of China's green credit policy on highly polluting enterprises' green radical and incremental innovations. The empirical results show that the policy improves overall and incremental green innovations but hinders radical green innovation. Interventions by local governments, including direct intervention and environmental investment, not only mitigate the negative impact of the policy on radical innovation but also facilitate positive effects.

JOURNAL OF CLEANER PRODUCTION (2022)

Article Business

Environmental labeling certification and corporate environmental innovation: The moderating role of corporate ownership and local government intervention

Shenggang Ren et al.

Summary: This study examines the impact of environmental labeling certification (ELC) on corporate environmental innovation (CEI) in China. It finds that ELC improves CEI, with a stronger effect for non-state-owned enterprises and in regions with low government intervention. This study makes important theoretical contributions and has practical value.

JOURNAL OF BUSINESS RESEARCH (2022)

Article Business

Shaping sustainable development: External environmental pressure, exploratory green learning, and radical green innovation

Rixiao Cui et al.

Summary: The study examines the relationships among external environmental pressure, exploratory green learning, and radical green innovation. Environmental regulatory pressure and green market pressure positively impact exploratory green learning, which mediates the relationship between environmental regulatory pressure and radical green innovation. Additionally, green transformational leadership moderates the relationship between exploratory green learning and radical green innovation.

CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT (2022)

Article Business, Finance

Environmental violations, refinancing risk, and the corporate bond cost in China

Rufei Ma et al.

Summary: This paper examines the relationship between environmental violations and the cost of corporate bonds in China, finding that firms facing penalties for environmental violations experience a significant increase in bond costs. This effect is more pronounced for short-term debt-dependent firms but can be mitigated by internal financing dependence. The study highlights the important role of refinancing risk in the relation between environmental violations and capital costs, with implications for pollution-intensive firms and regulatory authorities in emerging economies.

JOURNAL OF INTERNATIONAL FINANCIAL MANAGEMENT & ACCOUNTING (2022)

Article Green & Sustainable Science & Technology

Impact of Environmental Regulations on Energy Efficiency: A Case Study of China's Air Pollution Prevention and Control Action Plan

Yue Liu et al.

Summary: This paper examines the impact of China's Action Plan on energy efficiency and finds that it significantly promotes the improvement of provincial energy efficiency. However, the impact of the Action Plan varies among different provinces. The industrial structure and investment in R&D and innovation have different moderating effects on the Action Plan's impact on energy efficiency.

SUSTAINABILITY (2022)

Article Public, Environmental & Occupational Health

Environmental Regulation, Environmental Decentralization, and Enterprise Environmental Protection Investment: Evidence From China

Li Liu et al.

Summary: This article investigates how environmental regulation and environmental decentralization affect enterprise environmental protection investment using data from China's listed companies. The U-shaped relationship between environmental regulation and investment is found, and it is also shown that environmental decentralization promotes investment. Additionally, evidence is provided to demonstrate the negative moderating impact of environmental decentralization on the relationship between regulation and investment.

FRONTIERS IN PUBLIC HEALTH (2022)

Article Psychology, Multidisciplinary

Integration of ESG Information Into Individual Investors' Corporate Investment Decisions: Utilizing the UTAUT Framework

So Ra Park et al.

Summary: This study examines the factors influencing the integration of ESG information by individual investors in their investment decisions. The UTAUT model is used to identify the investment tendencies and factors affecting ESG information integration. Standardization of ESG reporting and evaluation frameworks, as well as corporate communication and stakeholder participation, are recommended to facilitate ESG information integration.

FRONTIERS IN PSYCHOLOGY (2022)

Article Business

China's Embodied SO2 Emissions and Aggregate Embodied SO2 Intensities in Interprovincial and International Trade

Enci Wang et al.

Summary: Reducing SO2 emissions is crucial for China in controlling air pollution. This paper studies the transfer of SO2 emissions among 31 provinces in China in 2015 using a hybrid approach. It compares the differences in emissions from the perspectives of pollution transfer in the domestic and international supply chains. The results show an inequitable distribution of SO2 emissions and embodied intensities in China's provinces.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2022)

Article Business

Towards sustainable development: Environmental innovation, cleaner production performance, and reputation

Cristina Quintana-Garcia et al.

Summary: This study examines the impact of environmental management on corporate reputation, finding that both environmental innovation and cleaner production can enhance a firm's reputation, improving its legitimacy and stakeholders' perception of its commitment to environmental sustainability.

CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT (2022)

Article Psychology, Multidisciplinary

The impact of digital transformation on corporate total factor productivity

Na Li et al.

Summary: This paper examines the influence of digital transformation on corporate total factor productivity, and investigates the mediating and moderating roles of corporate technical cooperation and ESG performance in this relationship. The results show that digital transformation has a positive effect on corporate total factor productivity, and this effect is enhanced by higher ESG performance. Furthermore, corporate technical cooperation mediates the relationship between digital transformation and total factor productivity, while ESG performance moderates the relationship between digital transformation and corporate technical cooperation.

FRONTIERS IN PSYCHOLOGY (2022)

Article Environmental Sciences

Influence and prediction of PM2.5 through multiple environmental variables in China

Haoyu Jin et al.

Summary: The research found that PM2.5 is increasing in North China and decreasing in South China, with different regions influenced by different factors. The deep learning model can better simulate the spatial distribution of PM2.5.

SCIENCE OF THE TOTAL ENVIRONMENT (2022)

Article Green & Sustainable Science & Technology

Assessing the effectiveness and function of the water resources tax policy pilot in China

Rulin Ouyang et al.

Summary: Water resources tax is an important means of strengthening water resources management and governance. After piloting the water resources tax policy in ten provinces, it has been found that the policy improves water resource utilization efficiency and optimizes water use structure. This study may contribute to making reasonable decisions in water policy and governance fields for China and other developing countries.

ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY (2022)

Article Environmental Sciences

Environmental protection tax, corporate ESG performance, and green technological innovation

Jing Li et al.

Summary: China's environmental protection tax has a significant impact on corporate ESG performance and green technological innovation, especially by improving ESG performance and promoting green technological innovation. The mediating effect in enhancing ESG performance and green technological innovation varies with the nature of firms' property rights and regions.

FRONTIERS IN ENVIRONMENTAL SCIENCE (2022)

Article Psychology, Multidisciplinary

Why do Chinese enterprises make imitative innovation?-An empirical explanation based on government subsidies

Feifei Song et al.

Summary: The previous literature has analyzed the reasons behind the widespread imitative innovation of Chinese enterprises from various perspectives. However, this paper takes a brand-new perspective by looking at government subsidies. It is found that government subsidies stimulate enterprises to engage in imitative innovation through patent purchase instead of independent R&D. This is due to the rent-seeking behavior of enterprises, their low R&D ability, and the review process of government subsidy projects. Based on these findings, this paper suggests that the government should reduce or withdraw its intervention in enterprise innovation and implement post-subsidy and post-evaluation mechanisms.

FRONTIERS IN PSYCHOLOGY (2022)

Article Psychology, Multidisciplinary

Exploring the relationship of ESG score and firm value using fsQCA method: Cases of the Chinese manufacturing enterprises

Shen Zhong et al.

Summary: The basic purpose of a business is to maximize value and sustainability management has become essential for achieving this goal. This study proposes a configurational model using fsQCA to explore the mechanisms of value enhancement through corporate social responsibility, and finds that high enterprise value can be achieved through various paths.

FRONTIERS IN PSYCHOLOGY (2022)

Article Psychology, Multidisciplinary

ESG performance, auditing quality, and investment efficiency: Empirical evidence from China

Wenbing Wang et al.

Summary: This study examines the impact of ESG performance on investment efficiency using Chinese A-share listed companies as a sample. The findings indicate that good ESG performance improves investment efficiency, and auditing quality partially mediates the relationship. The role of ESG performance is stronger in non-state-owned enterprises, undeveloped regions, and firms with low accounting information quality.

FRONTIERS IN PSYCHOLOGY (2022)

Article Water Resources

Calculation of optimal tax rate of water resources and analysis of social welfare based on CGE model: a case study in Hebei Province, China

Gui-liang Tian et al.

Summary: Based on data from Hebei province from 2008 to 2017, this study calculates the optimal tax rate for water resources using a CGE model. The results show that a tax rate of 18% effectively promotes the water use structure and efficiency in Hebei, benefiting water resource protection. The effective calculation of the optimal tax rate in Hebei proves the effectiveness of the CGE model in formulating water resource tax rates, providing a valuable reference for nationwide water resource reforms in China and the formulation of tax rates in other regions.

WATER POLICY (2021)

Article Green & Sustainable Science & Technology

Can China's Tax-for-Fee Reform Improve Water Performance-Evidence from Hebei Province

Lingyun He et al.

Summary: This study evaluates the causal effect of water resources tax reform in Hebei Province, China, finding that each province has gradually improved its water resources performance with regional differences. The main reason for the improvement is technological progress, emphasizing the importance of speeding up water resource tax reform and focusing on water resource allocation in China.

SUSTAINABILITY (2021)

Article Engineering, Environmental

Has Carbon Emissions Trading Reduced PM2.5 in China?

Jing-Yue Liu et al.

Summary: China's Emissions Trading Scheme (ETS) has successfully reduced PM2.5 concentrations by 4.8%, with the strongest effect observed in summer. The ETS pilots have positive spillovers on neighboring nonpilot cities within 300 km, especially downwind neighboring nonpilot cities, primarily due to firms adopting abatement activities and adjusting industrial structure. Additionally, the cobenefits of China's ETS pilots are greater in regions with larger carbon trading volume and higher carbon trading price.

ENVIRONMENTAL SCIENCE & TECHNOLOGY (2021)

Article Energy & Fuels

Analysis of the Fee-to-Tax Reform on Water Resources in China

Zi-Rui Chen et al.

Summary: The Resource Tax Law was implemented in China on September 1, 2020, reforming the water resource fee system. Research shows that water resource taxes are more effective than fees in eliminating backward production capacity, with different impacts on output under asymmetric duopoly conditions.

FRONTIERS IN ENERGY RESEARCH (2021)

Article Economics

The financial impacts of environmental violations on supply chains: Evidence from an emerging market

Yangchun Xiong et al.

Summary: The study shows that environmental violations have negative financial impacts on both violators and their supply chain partners, but environmental transparency and supply chain diversity can help mitigate these effects. Environmental transparency is more significant for customers, while supply chain diversity has a similar mitigating effect for both customers and suppliers.

TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW (2021)

Article Environmental Sciences

Does Environmental Policy Affect Green Total Factor Productivity? Quasi-Natural Experiment Based on China's Air Pollution Control and Prevention Action Plan

Tinghui Li et al.

Summary: This study explores the impact of environmental regulation policies on promoting the transformation and optimization of industrial structure to improve green total factor productivity (GTFP). The results show that environmental regulation policies can improve GTFP, with regional variations in the promoting effect of these policies. Moreover, the quality and quantity of industrial structure optimization can weaken or strengthen the promoting effect of environmental regulation policies on GTFP.

INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH (2021)

Article Business, Finance

The role of ESG performance during times of financial crisis: Evidence from COVID-19 in China

David C. Broadstock et al.

Summary: The study found that during a market-wide financial crisis, high ESG performance portfolios generally outperform low ESG portfolios, ESG performance can mitigate financial risks, and the role of ESG performance is weakened during "normal" times.

FINANCE RESEARCH LETTERS (2021)

Article Business

Environmental proactivity, competitive strategy, and market performance: The mediating role of environmental reputation

Nguyen Phong Nguyen et al.

Summary: This article investigates how small and medium-sized enterprises' proactive environmental strategy impacts market performance through environmental reputation, as well as the moderating role of competitive strategies in this relationship. Results indicate that a proactive environmental strategy enhances environmental reputation, mediating its effect on market performance. Furthermore, the relationship between environmental reputation and market performance varies depending on the competitive strategy adopted by firms.

BUSINESS STRATEGY AND THE ENVIRONMENT (2021)

Article Environmental Studies

To Be or to Seem: The Role of Environmental Practices in Corporate Environmental Reputation

Matilde Morales-Raya et al.

ORGANIZATION & ENVIRONMENT (2019)

Review Public, Environmental & Occupational Health

Designing Difference in Difference Studies: Best Practices for Public Health Policy Research

Coady Wing et al.

ANNUAL REVIEW OF PUBLIC HEALTH, VOL 39 (2018)

Article Green & Sustainable Science & Technology

Region and firm level determinants of environmental regulation violations: An empirical study in Chongqing, China

Zhan Wang et al.

JOURNAL OF CLEANER PRODUCTION (2017)

Article Business, Finance

Doing good or choosing well? Corporate reputation, CEO reputation, and corporate financial performance

Pei-Shih Weng et al.

NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE (2017)

Article Environmental Sciences

Air Quality of Beijing and Impacts of the New Ambient Air Quality Standard

Wei Chen et al.

ATMOSPHERE (2015)

Article Economics

THE POTATO'S CONTRIBUTION TO POPULATION AND URBANIZATION: EVIDENCE FROM A HISTORICAL EXPERIMENT

Nathan Nunn et al.

QUARTERLY JOURNAL OF ECONOMICS (2011)