Commitment to Environmental and Climate Change Sustainability under Competition

Sim, Jeong Eun; Kim, Bosung

doi:10.3390/su11072089

Cited by 4 publications

(3 citation statements)

References 24 publications

(43 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Green innovation efforts mainly refer to efforts to develop greener technologies, undertake research and development projects that can improve productivity, or invest in environmental programs. In addition, the phenomenon that rational manufacturers target "low-hanging fruit" first, so that further improvements in green innovation become increasingly difficult confirms the rationality of the quadratic effort cost assumption [49]. Assumption 4.…”

Section: Assumptionmentioning

confidence: 81%

What Drives Green Innovation? A Game Theoretic Analysis of Government Subsidy and Cooperation Contract

Zhang

Chai

2019

Sustainability

View full text Add to dashboard Cite

Green innovation, implemented by enterprises, contributes to sustainable development and environmental protection. However, because of the high cost and high risk of green innovation, enterprises are reluctant to step into green innovation activities in practice. Government subsidies are conducive to promoting green innovation in enterprises. To investigate firms’ preferences for green innovation, we consider a three-player game in a supply chain where a government offers subsidies (price, innovation, or both subsidies) to a manufacturer and a retailer, while the latter two players cooperate with each other through contracts (revenue-sharing and cost-sharing contracts). By exploring the impacts of government subsidies and cooperative contracts on the optimal level of green innovation efforts and profits of participants, we find that: (1) for green innovation that leads to increased production costs, the government should subsidize both the retailer and the manufacturer to improve the level of green innovation; (2) the revenue-sharing contract is more effective than the cost-sharing contract under the premise of government subsidies; and (3) the revenue-sharing ratio decreases in production and innovation costs, while the cost-sharing ratio increases in these two costs.

show abstract

Section: Assumptionmentioning

confidence: 81%

What Drives Green Innovation? A Game Theoretic Analysis of Government Subsidy and Cooperation Contract

Zhang

Chai

2019

Sustainability

View full text Add to dashboard Cite

show abstract

“…Global academic researchers and policymakers are aware that climate change is seriously threatening human sustainability (Ikeme, 2003;Owusu and Asumadu-Sarkodie, 2016;Phuong et al, 2019;Sim and Kim, 2019;Wang et al, 2018Wang et al, , 2020bWu et al, 2016). From the United Nations Framework Convention on Climate Change and the Kyoto Protocol to the Paris Agreement, human beings have recently been attempting to solve the climate change crisis and striving for the sustainability of humanity.…”

Section: Introductionmentioning

confidence: 99%

Environmental Kuznets curve, balanced growth, and influencing factors: evidence from economic development in China

2023

IJCCSM

View full text Add to dashboard Cite

Purpose The aggregate index and per capita index have different meanings for some countries or regions. CO2 emissions per capita matters for China because of its huge population. Therefore, this study aims to deepen the understanding of Kuznets curve from the perspective of CO2 emissions per capita. In this study, mathematical formulas will be derived and verified. Design/methodology/approach First, this study verified the existing problems with the environmental Kuznets curve (EKC) through multiple regression. Second, this study developed a theoretical derivation with the Solow model and balanced growth and explained the underlying principles of the EKC’s shape. Finally, this study quantitatively analyzed the influencing factors. Findings The CO2 emission per capita is related to the per capita GDP, nonfossil energy and total factor productivity (TFP). Empirical results support the EKC hypothesis. When the proportion of nonfossil and TFP increase by 1%, the per capita CO2 decrease by 0.041 t and 1.79 t, respectively. The growth rate of CO2 emissions per capita is determined by the difference between the growth rate of output per capita and the sum of efficiency and structural growth rates. To achieve the CO2 emission intensity target and economic growth target, the growth rate of per capita CO2 emissions must fall within the range of [−0.92%, 6.1%]. Originality/value Inspired by the EKC and balanced growth, this study investigated the relationships between China’s environmental variables (empirical analysis) and developed a theoretical background (macro-theoretical derivation) through formula-based derivation, the results of which are universally valuable and provide policymakers with a newly integrated view of emission reduction and balanced development to address the challenges associated with climate change caused by energy.

show abstract

“…Compared with non-environmentally friendly enterprises, enterprises with environmental risk management have easier access to project financing [7]. Companies that commit to environmental investment programs can gain more profit from competition [10].…”

Section: Introductionmentioning

confidence: 99%

Impact of Corporate Environmental Responsibility on Investment Efficiency: The Moderating Roles of the Institutional Environment and Consumer Environmental Awareness

2019

View full text Add to dashboard Cite

The increasingly serious destruction of the natural environment represents a great threat to the sustainable development of human beings and the earth. Under pressure from the government and public opinion, companies must assume environmental responsibility; however, there is no conclusion on whether corporate environmental responsibility is beneficial to companies. From the perspective of investment efficiency, this paper collects panel data from Chinese listed companies from 2011 to 2016 to discuss the impact of corporate environmental responsibility on investment efficiency and the moderating role of the institutional environment and consumer environmental awareness. The results show that corporate environmental responsibility can significantly positively affect investment efficiency, but this effect is not a short-term effect; it needs time to play a role. Second, in regions with a good institutional environment, corporate environmental responsibility has a more significant impact on improving investment efficiency. Finally, with the improvement of consumer environmental awareness, companies that assume environmental responsibility can address underinvestment. The research in this paper supports stakeholder theory, indicating that corporate environmental responsibility is not “selfless dedication”. In addition, the research results of this paper are robust and not subject to endogenous influences.

show abstract

Commitment to Environmental and Climate Change Sustainability under Competition

Cited by 4 publications

References 24 publications

What Drives Green Innovation? A Game Theoretic Analysis of Government Subsidy and Cooperation Contract

What Drives Green Innovation? A Game Theoretic Analysis of Government Subsidy and Cooperation Contract

Environmental Kuznets curve, balanced growth, and influencing factors: evidence from economic development in China

Impact of Corporate Environmental Responsibility on Investment Efficiency: The Moderating Roles of the Institutional Environment and Consumer Environmental Awareness

Contact Info

Product

Resources

About