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

Bibliographic Data

ID13135359
AuthorsLanxiang Xu (0000-0002-7415-3937, Shanghai University of Finance and Economics), Junbao Wan (Shanghai University of Finance and Economics), Xiaogang He (0000-0001-7428-0269, Shanghai University of Finance and Economics, corresponding author)
Year2024
Volume8
Pages100255-100255
Publication date2024-07-20
Open AccessYes
TypeARTICLE
VenueSustainable Futures (JOURNAL)
Journal identifiersISSN: 2666-1888
PublisherElsevier BV (PUBLISHER)
DOI10.1016/j.sftr.2024.100255
OpenAlexW4400850492
LanguageEN
Citations received3
References cited51

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

Affect (linguistics · Business · China · Econometrics · Economics · Environmental regulation · Investment (military · Management · Panel data · Political science · Public economics · Turnover · Environmental Sustainability in Business · Psychology · Sustainable Building Design and Assessment · Sustainable Supply Chain Management

Tools

Open DOIOpen Access