Environmental degradation and ecological devastation have become widespread global concerns in recent years as a result of the expansion of the international economy. China’s rapid economic development has been accompanied by a sloppy economic growth model that has damaged the local ecological environment. The Chinese government intends to improve the ecological environment by the end of 2020 in an effort to direct and improve these environmental issues. The strictest environmental laws became effective in 2015. In light of this, this research uses panel data analysis to examine the environmental strategy and environmental governance of Chinese corporations. This article analyses 14,512 samples of listed mainland Chinese enterprises from 2015 to 2020. This research investigates the connection between Corporate Sustainability Development Strategy and Corporate Environmental Governance, as well as the moderating effect of Corporate Environmental Investments.
These days energy-related enterprises started using a fancy terminology called circular economy (CE) to display their progress in opting for innovative approaches to mitigate carbon emissions and waste gas released in the enterprise during the operation. Hence, this paper examines whether there is any mediating role of innovation from a CE point of view or not in managing the waste resources and minimising the carbon emission on the innovation and quality of new energy products. For this, secondary data with a sample observation of 608 was selected from Chinese listed enterprises from 2015–2020. The empirical results revealed that the waste resource utilisation by firms is helpful to the quality of their products but does not significantly affect the innovation of their new energy products. In addition, the evidence from developing countries shows that companies’ carbon reduction behaviour benefits their new energy product innovation. However, it does not significantly impact the quality of their products. Model validation analyses the existence of corporate waste resource utilisation through corporate new energy product innovation, thereby contributing to corporate product quality. Overall, this paper facilitates enterprises’ new energy product development activities and fills the research gap between companies’ waste gas resource utilisation and new energy product innovation.
This paper selected 119 listed companies from 2008 to 2018 in mainland China as samples, aiming to further explore the different impacts of environmental corporate social responsibility (ECSR) on corporate performance in the long and short term, and explore the mediating role of corporate green marketing performance. The results show that CSR has a significant impact on the return on assets and enterprise value in the short term. In the long-term, the adoption of green marketing innovation has a positive impact on enterprise performance. In general, the results of this paper are of great significance for managers and external investors to implement decisions. In addition, the research results can help enterprises improve their environmental responsibility and green innovation in order to improve their competitiveness.
This paper analyses how Chinese listed companies have channelled their environmental responsibility through government resources by observing corporate behaviour between 2015 and 2020. Results indicate that corporate environmental responsibility does not directly enhance corporate green innovation (CGI) and that government environmental subsidies (ES) are required to positively incentivise CGI capabilities. Increased corporate investment in environmental protection and improved governance are positive for CGI, unlike environmental management system certification. This paper provides novel ideas for future research on how Chinese listed companies may convert their environmental responsibility into green innovation through government ES. This may benefit future research on sustainable development.
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