Can public participation constraints promote green technological innovation of Chinese enterprises? The moderating role of government environmental regulatory enforcement

Promote Green Innovation in Manufacturing Enterprises in the Aspect of Government Subsidies in China

“…Pollution will continue if manufacturing enterprises believe their violations will not be detected by the government, and government subsidies that should have been used for green innovation are also at risk of being taken up by other activities, which can result in serious misplacement and waste of innovation resources [48]. When manufacturing companies keep causing environmental pollution that affects social welfare due to regulatory loopholes, the public will force manufacturing companies to reduce pollution emissions and improve environmental performance by reporting to government departments, boycotting their products or exerting public pressure [23,49]. As more and more public spontaneously supervise the pollution behavior of manufacturing enterprises, the regulatory force of public participatory environmental regulation has gradually formed.…”

“…In this context, government subsidies become a vital tool to inspire firms to undertake green innovation [17][18][19], as they can not only fill the funding gap in R&D directly but also reduce the uncertainty and risk of green innovation [20][21][22]. However, not unlike in developed countries, where people have voted to force the government to strictly enforce environmental laws and regulations [23], the phenomenon of "government failure" in green innovation of manufacturing enterprises is common in China due to incomplete information and weak supervision, which means the measures of the government are not always as effective as in theory [24][25][26]. As public concern for the living environment gradually increases, public participation in environmental governance has become an effective means of addressing market failure and government failure.…”

Achieving Carbon Neutrality – The Role of Heterogeneous Environmental Regulations on Urban Green Innovation

“…With the advancement of information technology, informal environmental regulation has gradually demonstrated a positive impact on green innovation through the use of media (Tziva et al, 2020;Din Dar et al, 2021). Informal and formal environmental regulations led by the government both play important roles in promoting regional green innovation and development (Desheng et al, 2021;Zhao L. et al, 2022). Consequently, based on the development of a carbonneutral background, we attempt to relate research results at home and abroad based on an analysis of formal and informal environmental regulation's influence on urban green innovation and its mechanism of action (Yasmeen et al, 2020).…”

Can retail investors induce corporate green innovation? -Evidence from Baidu Search Index

“…In terms of informal environment regulation, many scholars have discovered the positive roles of the media ( Jia et al., 2016 ; Tang and Tang, 2016 ; Dang et al., 2021 ), the public ( Pan et al., 2021 ; Zhao et al., 2022 ), ENGOs ( Tian et al., 2016 ; Li et al., 2018 ; Tu et al., 2019 ), etc. in corporate governance and regional environmental governance.…”

“…Specific to corporate environmental governance, existing literature has discussed the impact of environmental regulation on pollution emissions ( He and Pan, 2017 ; Shapiro and Walker, 2018 ), green investment ( Liao and Shi, 2018 ; Falcone, 2020 ), green innovation, etc. In terms of informal environment regulation, many scholars have discovered the positive roles of the media ( Jia et al., 2016 ; Tang and Tang, 2016 ; Dang et al., 2021 ), the public ( Pan et al., 2021 ; Zhao et al., 2022 ), ENGOs ( Tian et al., 2016 ; Li et al., 2018 ; Tu et al., 2019 ), etc., in corporate governance and regional environmental governance. However, little literature has discussed the impact of investor attention at the firm level.…”