4.7 Article

Does religion improve corporate environmental responsibility? Evidence from China

Journal

Publisher

WILEY
DOI: 10.1002/csr.2090

Keywords

corporate environmental responsibility; corporate governance; enterprises' unit energy consumption; local pollution prevention; religion

Funding

  1. National Natural Science Foundation of China [71802043]
  2. MOE Project of Humanities and Social Sciences [18YJC630007]
  3. Liaoning Provincial Financial Research Fund Project [17C018]

Ask authors/readers for more resources

The research shows that religion can enhance corporate environmental responsibility (CER) by influencing individual and organizational behaviors, reducing unit energy consumption, and promoting local pollution prevention.
We examine how religion influences corporate environmental responsibility (CER). With the existing literature, we analyse how Buddhism and Taoism, the most traditional and influential religion of the Chinese, could act on individual and organizational behaviours and corporate culture, and then improve CER. Taking Chinese listed companies that disclose environmental governance information from 2007 to 2016 as our sample, we find that religion contributes to the improvement of CER on corporate environmental governance, and the effect is still significant after controlling for endogenous problems and robustness tests. Furthermore, we find that religion can enhance the positive role of CER by reducing unit energy consumption and promoting local pollution prevention.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.7
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available