Alleviating corporate environmental pollution threats toward public health and safety: The role of smart city and artificial intelligence

Using data on China’s A-share listed enterprises from 2012 to 2019, we investigate the impact of China’s green finance reform and innovation pilot (GFRIP) policy on green innovation by the difference-in-difference (DID) method. The results show that the GFRIP policy has a significant role in promoting enterprises’ green innovation. Heterogeneity analysis shows that the positive effect of the GFRIP policy on green innovation is only significant for heavily polluting enterprises, large enterprises, state-owned enterprises, and enterprises headquartered in regions with a low level of marketization. Debt financing is an important mechanism for the GFRIP policy to promote corporate green innovation; that is, the GFRIP policy alleviates corporate debt financing constraints and then promotes corporate green innovation. Our study provides theoretical and practical enlightenment for developing countries such as China to deepen reform of the green financial system and promote green innovation.

Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Green Finance and Corporate Green Innovation: Based on China’s Green Finance Reform and Innovation Pilot Policy

Han

Zhang

Yang

2022

“…As the provider of resources, local governments provide relevant resources to local firm through government intervention [16][17][18]. As mentioned above, under institutional pressure, individuals tend to follow norms, while firms under pressure will follow government directives in order to gain "legitimacy" [19,20]. us, when the entrepreneur has a certain status in society, he has more personal contact with the government.…”

Section: Moderation Effect Of Political Statusmentioning

confidence: 99%

The “Booster” of Corporate Eco-Innovation: Government Pressure Perceived by Chinese Private Firms

2022

This study explores the relationship between perceived government pressure for environmental regulation and corporate eco-innovation. Based on the questionnaire data of Chinese private firms in 2016, this study explores the role of government pressure perceived by private firms in corporate environmental innovation, and the moderating effects of foreign ownership and entrepreneurs’ political status. The results show that there is a positive relationship between perceived government environmental regulatory pressure and corporate eco-innovation, and this relationship can be strengthened by foreign ownership and entrepreneurs’ political status. These findings provide a new strategic motivation for firms to undertake eco-innovation, i.e., the environmental regulatory pressure released by the government can urge firms to undertake strategies as an external “booster.”

“…Three environmental aspects are (1) corrective actions by managers, such as behavioral feedback and demonstration; (2) personal accident experience, such as accidents and risks experienced by workers in the past; and (3) safety skill training, such as regular communication of the key content of safe construction. The integration of these institutional environments and cognitive safety attitudes will form construction workers with safety attitudes [19]. Construction workers who combine the institutional environment with psychological cognition to improve their safety attitude would have great benefits in production safety [20].…”

Section: Safetymentioning

confidence: 99%

Will Improved Safety Attitudes Necessarily Curb Unsafe Behavior? Hybrid Method Based on NCA and SEM

Yuan

Niu

et al. 2022

As an inevitable product of the development of the construction industry, safety production has attracted more and more attention. In particular, it affects sustainable development. It is important to study the unsafe behavior of individuals. This study integrated the hybrid method of necessary condition analysis (NCA) and structural equation model (SEM). Based on the institutional environment perspective of social cognition theory, an empirical analysis was conducted through field observation and 186 questionnaire data to explore the influence of the institutional environment, safety attitude, and unsafe behavior. The results showed that improved safety attitudes of workers are a key requisite to curb unsafe behavior, and it was confirmed that safety attitude plays a complete mediating role between institutional environment and unsafe behavior. Through the analysis of the necessary conditions and mediating effects of safety attitude, the study deepened the theoretical understanding of the interaction between institutional environment, safety attitude, and unsafe behavior. Also, it provided relevant management suggestions for the construction industry in safety management.