Work

How does environmental performance feedback affect corporate environmental investment? The moderating role of environmental regulation

Year: 2024

Type: article

Abstract: The research on how environmental performance feedback (EPF) affect corporate environmental investment (EI) is in infancy. We divide EPF into positive and negative EPF and examine the effects on EI. We further study the moderating roles of environmental regulation. By using panel data of listed manufacturing companies in China, we find positive EPF negatively affects EI, whereas negative EPF positively affects EI. Mandatory environmental regulation strengthens the relationship between negative EPF and EI, while voluntary environmental regulation weakens the relationship between negative EPF and EI. Furthermore, we find the impact of EPF on EI is heterogeneous.

Source: Sustainable Futures

DOI: 10.1016/j.sftr.2024.100255

Authors: Lanxiang Xu, Junbao Wan, Xiaogang He

Institutions: Shanghai University of Finance and Economics, Anhui Science and Technology University, Zhejiang College of Shanghai University of Finance and Economics

Language: English

Topic: Environmental Sustainability in Business

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: gold

Estimated APC paid: $1,880

OpenAlex ID: W4400850492

FWCI: 6.103

Cites: 60

Cited by: 14

Related to: 10