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971 Results Found

  • Article
  • Open Access
18 Citations
6,517 Views
21 Pages

Does ESG Performance Affect the Enterprise Value of China’s Heavily Polluting Listed Companies?

  • Yu Zhang,
  • Xiaotong Wang,
  • Wei Guo,
  • Xinlei Guo and ,
  • Qisheng Wang and
  • Xin Tan
  • + 1 author+ 0 author

28 March 2024

This paper investigates the effect of environmental, social, and governance (ESG) performance on the enterprise value of heavily polluting listed companies in China’s Shanghai and Shenzhen A-share markets. The study found that ESG performance h...

  • Article
  • Open Access
961 Views
17 Pages

20 August 2026

Existing studies often reduce private firms’ environmental behaviors to mere greenwashing, rarely unpacking the underlying mechanisms that drive polluting enterprises to develop and sustain substantive compliance. This paper constructs a &ldquo...

(This article belongs to the Special Issue Environmental Policy as a Tool for Sustainable Development: 2nd Edition)
  • Article
  • Open Access
14 Citations
3,702 Views
22 Pages

In response to the global call for emission reduction, China has assumed international responsibility for energy conservation and emission reduction by enacting several environmental policies to save energy and reduce consumption. However, it is deba...

(This article belongs to the Special Issue Frontiers in Healthy Cities: Policy Impacts and Inclusive Governance)
  • Article
  • Open Access
9 Citations
3,708 Views
21 Pages

In the wake of the acceleration of China’s industrialization and rapid economic growth, environmental pollution has also attracted great attention. The technological innovation of heavily polluting enterprises is conducive to reducing pollution...

  • Article
  • Open Access
14 Citations
3,466 Views
17 Pages

With the development of China’s industrial economy and urbanization, water pollution has become serious and gradually exposed to the public. The pollution fee policy is an important tool to force enterprises to reduce pollution. This study used...

(This article belongs to the Special Issue Water Pollution: Human Health and Ecological Risks)
  • Article
  • Open Access
5 Citations
1,769 Views
24 Pages

23 April 2025

Green credit is an important practical exploration to reduce the environmental pollution of enterprises through the allocation of financial resources. Based on the panel data for the Chinese enterprises, this research constructs a difference-in-diffe...

(This article belongs to the Special Issue Circular Economy and Sustainability)
  • Article
  • Open Access
5 Citations
4,523 Views
21 Pages

6 January 2025

Identifying and governing enterprises’ greenwashing behavior is important for achieving green and low-carbon development. This behavior can be governed via digital transformation. Based on data from listed companies from 2013 to 2021, this arti...

  • Article
  • Open Access
3 Citations
2,327 Views
18 Pages

The siting of enterprises is important for enterprises to formulate business objectives and business strategies, both of which are crucial to the development of enterprises in the future. Although there exists an irrefutable fact that the increasingl...

  • Article
  • Open Access
27 Citations
3,526 Views
16 Pages

There is an urgent need for countries worldwide to promote the green transformation of their economies and reduce environmental pollution. Based on China’s Green Credit Guidelines policy in 2012 and the data of Chinese listed companies from 200...

(This article belongs to the Section Environmental Science and Engineering)
  • Article
  • Open Access
29 Citations
3,414 Views
20 Pages

23 February 2022

Enterprises’ green technology innovation is critical to achieving the “win-win” of enterprise competitiveness and environmental protection. The impact of environmental regulation on green technology innovation by enterprises has bee...

(This article belongs to the Special Issue Energy Policy, Regulation and Sustainable Development)
  • Article
  • Open Access
3,299 Views
17 Pages

8 February 2025

More and more attention has been paid to the environmental problems brought about by the development of the global economy. Based on the principal–agent theory, this paper constructs an incentive model for the government and polluting enterpris...

(This article belongs to the Special Issue Systems Analysis of Enterprise Sustainability)
  • Article
  • Open Access
3 Citations
2,972 Views
29 Pages

9 July 2025

In the era of low-carbon economy, green mergers and acquisitions (green M&As) have emerged as a pivotal strategic pathway for heavily polluting enterprises to not only carve out a competitive edge in the market but also contribute significantly t...

(This article belongs to the Special Issue Navigating Sustainability Business: Environmental and Social Sustainability and Related Strategies)
  • Article
  • Open Access
16 Citations
4,525 Views
24 Pages

28 April 2022

Will environmental “fee-to-tax”, which strengthens the rigidity of levies and increases the environmental costs of heavy pollution enterprises, force heavy pollution enterprises to de-capacity. This paper examines the impact and heterogen...

(This article belongs to the Topic Climate Change and Environmental Sustainability)
  • Article
  • Open Access
8 Citations
3,093 Views
16 Pages

Although the Chinese government has promulgated a series of policies to mitigate air pollution, the air quality in a number of Chinese cities still has the potential to be improved. As the major source of air pollution, enterprises in the industrial...

(This article belongs to the Section Environmental Health)
  • Article
  • Open Access
38 Citations
4,763 Views
19 Pages

China is currently facing the arduous tasks of energy conservation, emission reduction and structural transformation, making it of great significance to study the digital transformation of heavily polluting enterprises. As an important informal regul...

(This article belongs to the Special Issue What Influences Environmental Behavior?)
  • Article
  • Open Access
8 Citations
5,989 Views
15 Pages

13 March 2023

Under the state’s key surveillance, petrochemical industries are considered polluting enterprises. Even though large-scale petrochemical enterprises follow the complete treatment of combustion waste gas, process waste gas, and volatile organic...

(This article belongs to the Section Air Quality)
  • Article
  • Open Access
1 Citations
2,477 Views
17 Pages

30 September 2023

Firm-level evidence for the impact of environmental vertical management on enterprise environmental performance is limited, especially on the performance of water pollution reduction (WPR). Taking the environmental vertical management reform (EVMR) a...

(This article belongs to the Section Sustainable Water Management)
  • Article
  • Open Access
3 Citations
2,433 Views
19 Pages

19 January 2023

The migration of polluting enterprises and its mechanism are a recent research hotspot in enterprise geography and environmental economic geography. This paper finds that the “Pairing Assistance” policy (PAP) is an important driving force...

  • Article
  • Open Access
2 Citations
1,022 Views
30 Pages

30 April 2025

We constructed a three-tier tripartite evolutionary game model to analyze the interactive relationships among the government, clusters of heavily polluting enterprises, and the public regarding carbon emission reduction. The findings revealed that en...

  • Article
  • Open Access
493 Views
18 Pages

27 February 2026

Green technological innovation is critical for highly polluting agricultural operations to accelerate green transformation and achieve sustainable growth. A detailed review of these firms’ green technological innovation efficiency, as well as a...

(This article belongs to the Section Economic and Business Aspects of Sustainability)
  • Article
  • Open Access
1 Citations
1,843 Views
21 Pages

5 March 2025

We investigate the impact of green credit policies on pollution-intensive enterprises from a new perspective. Empirically, we utilize the issuance of China’s green credit policy in 2012 to construct a quasi-natural experiment. The results show...

  • Article
  • Open Access
38 Citations
7,760 Views
22 Pages

This study analyses the relationship between greenwashing behaviour, a lack of government supervision, and imperfect green certification mechanisms in China. To improve green governance and greenwashing governance in light of rent-seeking behaviour b...

(This article belongs to the Special Issue Circular Economy and Green Environment)
  • Article
  • Open Access
101 Citations
10,901 Views
19 Pages

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

  • Zhifeng Zhang,
  • Hongyan Duan,
  • Shuangshuang Shan,
  • Qingzhi Liu and
  • Wenhui Geng

This article uses the “Green Credit Guidelines” promulgated in 2012 as an example to construct a quasi-natural experiment and uses the double difference method to test the impact of the implementation of the “Green Credit Guidelines...

(This article belongs to the Topic Energy Efficiency, Environment and Health)
  • Article
  • Open Access
12 Citations
4,896 Views
17 Pages

At present, China’s economy is developing rapidly; however, at the same time, it is also bringing more and more serious environmental problems. Although many laws have been established in the country to limit pollution by enterprises—and...

(This article belongs to the Special Issue Ecosystem Quality and Stability)
  • Article
  • Open Access
1 Citations
1,366 Views
23 Pages

23 July 2025

In the process of evaluating the quality of a company’s development, the issues related to production capacity and environmental pollution have emerged as significant concerns. Drawing on the methodologies employed in previous related research,...

(This article belongs to the Special Issue Sustainable Corporate Governance and Firm Performance)
  • Article
  • Open Access
23 Citations
5,028 Views
20 Pages

30 August 2024

This article selects 2992 Chinese heavily polluting listed companies on the Shanghai and Shenzhen stock markets from 2014 to 2022 as research samples and conducts a natural experiment based on the implementation of the Environmental Protection Tax La...

(This article belongs to the Special Issue ESG Investing for Sustainable Business: Exploring the Future)
  • Article
  • Open Access
1,201 Views
22 Pages

1 June 2025

Based on sample data from A-share listed heavy polluters from 2012 to 2021, this paper adopts the double-difference method to explore the influence of the construction of national pilot zone for ecological conservation on the ESG performance of heavi...

  • Article
  • Open Access
10 Citations
4,310 Views
15 Pages

11 December 2017

During the 2014 APEC Conference, there was a long presence of blue sky (APEC Blue) after a long-time occurrence of hazy weather in Beijing, China, which prompted the public’s attention to heavy-polluting enterprises to reach a new peak. Will the publ...

(This article belongs to the Special Issue Regional Cooperation for the Sustainable Development and Management in Northeast Asia)
  • Article
  • Open Access
8 Citations
4,312 Views
20 Pages

Potential Risk Recognition of Agricultural Land Based on Agglomeration Characteristics of Pollution-Related Enterprises: A Case Study on the Black Soil Region in Northeast China

  • Xiaofeng Zhao,
  • Changhe Wei,
  • Jiufen Liu,
  • Xiaohuang Liu and ,
  • Xiaoming Wan,
  • Mei Lei and
  • Shaobin Wang
  • + 2 authors+ 0 author

3 January 2024

The black soil region in Northeast China serves as a ballast for food security. However, the presence of scattered polluting enterprises poses a threat to the safety of the surrounding soil and agricultural products. In this study, the distribution p...

  • Article
  • Open Access
15 Citations
5,251 Views
14 Pages

22 September 2022

Environmental protection is the top priority in the development process of all countries in the world, which directly affects public health. In response to growing environmental challenges, the government is implementing increasingly stringent indust...

(This article belongs to the Special Issue Industrial Upgrading and Regional Development in Global Low-Carbon Transformation)
  • Article
  • Open Access
8 Citations
5,659 Views
17 Pages

1 June 2019

To control growing environmental problems, the pollution rights trading (PRT) center was established in Jiaxing in 2007, and China officially joined the carbon emission reduction market (NCET) in 2011. Since power enterprises are the main participant...

(This article belongs to the Collection Power System and Sustainability)
  • Article
  • Open Access
33 Citations
5,778 Views
18 Pages

“Green economy and sustainable development” has become the focus of contemporary world economic development. As an important part of green financial instruments, green credit has become a hot topic. This paper investigates whether the Gre...

(This article belongs to the Special Issue Towards Carbon Neutrality: Behavior and Policy)
  • Article
  • Open Access
375 Views
25 Pages

7 October 2026

Against the backdrop of intensifying global low-carbon transition and digital technologies’ profound empowerment of the real economy, widespread adoption of artificial intelligence (AI) provides critical technical support that can help heavily...

(This article belongs to the Special Issue Low-Carbon Economy and Sustainable Management: Social Factors and Corporate Efficiency)
  • Article
  • Open Access
6 Citations
3,034 Views
14 Pages

Pollution Havens in South-East Asia: Examining Japanese Multinational Enterprises in the Philippines

  • Masayoshi Ike,
  • Jerome Denis Donovan,
  • Cheree Topple and
  • Eryadi Kordi Masli

14 May 2024

Of the significant foreign investment by Japanese multinationals within South-East Asia, the Philippines is a key recipient and location for the establishment of subsidiaries. While foreign investment is thought to bring significant benefits to host...

(This article belongs to the Section Economic and Business Aspects of Sustainability)
  • Article
  • Open Access
15 Citations
2,425 Views
19 Pages

13 November 2022

This paper uses the provisions of the Soil Pollution Prevention and Control Action Plan for industrial and mining enterprises as a quasi-natural experiment and constructs a difference-in-differences (DID) model to study its effect on increasing the q...

  • Article
  • Open Access
26 Citations
6,169 Views
22 Pages

7 February 2025

The carbon emissions trading policy is a key policy driving China’s low-carbon economic transition. Based on the policy environment of China’s carbon emissions trading pilot program from 2010 to 2021, this research selects representative...

(This article belongs to the Section Economic and Business Aspects of Sustainability)
  • Article
  • Open Access
18 Citations
3,677 Views
24 Pages

Low-Carbon Governance, Fiscal Decentralization and Sulfur Dioxide Emissions: Evidence from a Quasi-Experiment with Chinese Heavy Pollution Enterprises

  • Ping Guo,
  • Jin Li,
  • Jinsong Kuang,
  • Yifei Zhu and ,
  • Renrui Xiao,
  • Donghao Duan and
  • Baocong Huang
  • + 2 authors+ 0 author

9 March 2022

This paper investigates the effects of enterprise environmental governance under low-carbon pilot policies in China with a difference in differences (DID) design. In examining the development of these policies, we focus on exploring their effects on...

  • Article
  • Open Access
40 Citations
4,622 Views
24 Pages

20 June 2020

China is one of the world’s major environmental polluters, therefore, Chinese environmental efficiency is an issue of global importance. In this study, we aim to identify economic factors affecting environmental efficiency scores in different r...

(This article belongs to the Special Issue FDI and Institutional Quality: New Insights and Future Perspectives from Emerging and Advanced Economies)
  • Article
  • Open Access
5 Citations
2,763 Views
20 Pages

21 August 2024

In the era of green transformation and sustainable development, green innovation has become a key force driving the greenization of the economy and society, as well as achieving global sustainable development goals. This study aims to investigate the...

(This article belongs to the Section Economic and Business Aspects of Sustainability)
  • Article
  • Open Access
1 Citations
1,002 Views
31 Pages

Enterprise Groups and Environmental Investment Efficiency: Empirical Evidence from China’s Heavily Polluting Industries

  • Siya Zhao,
  • Tao Tian,
  • Wei Jiang,
  • Kai Xing and ,
  • Qing Wang and
  • Xumeng Feng
  • + 1 author+ 0 author

3 January 2026

In recent years, guided by the sustainable development strategy and ecological civilization strategy, the concept of green environmental protection has gradually become popular. Increasingly, enterprises are enhancing their environmental investment p...

  • Article
  • Open Access
34 Citations
3,296 Views
21 Pages

This paper examines the impact of digital economy on corporate energy conservation and emission reduction (CECER) using China’s A-share listed heavily polluting enterprises from 2012 to 2019 as a sample. Our results show that: (1) Digital econo...

  • Article
  • Open Access
655 Views
33 Pages

23 May 2026

Against the backdrop of environmental governance systems transitioning from command-and-control to multi-stakeholder collaboration, elucidating the mechanisms and pathways through which voluntary environmental regulations influence green technologica...

(This article belongs to the Section Sustainable Management)
  • Article
  • Open Access
1 Citations
1,303 Views
25 Pages

16 November 2025

This paper investigates the impact of green credit policy (GCP) on the green technological innovation capacity of heavily polluting enterprises (HPEs) from the perspectives of external financing and internal concerns. Using data from companies in Chi...

  • Article
  • Open Access
71 Citations
6,357 Views
23 Pages

3 June 2022

This paper analyzes the impact of the policy of replacing environmental protection “fees” with “taxes” on enterprise green innovation based on the Chinese A-share listed companies sample from 2015 to 2019. This paper tries to...

(This article belongs to the Collection Sustainable Economic Development: Challenges, Policies, and Reforms)
  • Article
  • Open Access
1 Citations
1,772 Views
22 Pages

23 May 2024

In the context of actively undertaking the transfer of domestic and foreign industries in the central and western regions of China, local regulatory behaviors influence the spatial distribution of polluting enterprises (PEs). This study examined the...

  • Article
  • Open Access
28 Citations
5,127 Views
26 Pages

The Impact Mechanism of Green Credit Policy on the Sustainability Performance of Heavily Polluting Enterprises—Based on the Perspectives of Technological Innovation Level and Credit Resource Allocation

  • Xiaowei Ding,
  • Ruxu Jing,
  • Kaikun Wu,
  • Maria V. Petrovskaya and ,
  • Zhikun Li,
  • Alina Steblyanskaya,
  • Lyu Ye,
  • Xiaotong Wang and
  • Vasiliy M. Makarov
  • + 4 authors+ 0 author

Green credit policy (GCP), as one of the key financial instruments to achieve ’carbon peaking’ and ‘carbon neutrality’ targets, provides capital support for the green development of enterprises. This paper explores the impact mechanism of GCP on the...

  • Article
  • Open Access
4 Citations
5,361 Views
23 Pages

In 2022, China actively carried out economic transformation and sought high-quality development. To date, enhancing enterprise value is still one of the top priorities for enterprises. Enterprises should take various measures to continuously enhance...

(This article belongs to the Special Issue Sustainable Investing and Financial Services)
  • Article
  • Open Access
3 Citations
5,116 Views
13 Pages

In this paper, we assume that a professional pollutant treatment enterprise treats all of the pollutants emitted by multiple small and medium-sized enterprises (SMEs). In order to determine the treatment price, SMEs can bargain with the pollutant tre...

  • Article
  • Open Access
13 Citations
3,354 Views
26 Pages

26 June 2023

The advancement of green technology innovation (GTI) is crucial for facilitating green development. China, the largest carbon-emitting economy, should prioritize the acceleration of GTI to augment global green economic growth and reduce carbon emissi...

(This article belongs to the Section Sustainable Management)
  • Article
  • Open Access
29 Citations
4,394 Views
14 Pages

21 May 2020

Faced with increasing conflicts between economic and environmental development, it is extremely urgent to promote the green growth of enterprises. As an incentive environmental regulation measure, an environmental tax has been proven to effectively a...

(This article belongs to the Section Economic and Business Aspects of Sustainability)

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