Impact of Political Connections on Corporate Environmental Performance: From a Green Development Perspective

Zhang, Liming; Ye, Fei; Yang, Li; Zhou, Guichuan

doi:10.3390/su11051317

Cited by 22 publications

(23 citation statements)

References 63 publications

(80 reference statements)

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“…Consequently, GDP plays a positive role in promoting the high-quality development of the CDW recycling supply chain [ 61 ]. The greater the GDP, the more obvious the promoting effect, and the GDP of recycling units plays a more important role.…”

Section: Numerical Simulations and Discussionmentioning

confidence: 99%

“…When the performances of two companies are similar, they should pay attention to one another's free-riding motivation and choose carefully. Consequently, GDP plays a positive role in promoting the high-quality development of the CDW recycling supply chain [61]. The greater the GDP, the more obvious the promoting effect, and the GDP of recycling units plays a more important role.…”

Section: The Effect Of Gdp On the Game Equilibriummentioning

confidence: 99%

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An Evolutionary Game Theory Study for Construction and Demolition Waste Recycling Considering Green Development Performance under the Chinese Government’s Reward–Penalty Mechanism

Long

Liu

et al. 2020

IJERPH

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The low efficiency of the closed-loop supply chain in construction and demolition waste (CDW) recycling has restricted the green development of China’s construction industry. Additionally, the government’s reward–penalty mechanism has a huge influence on green development. This study aimed to investigate the effect of green development performance (GDP) and the government’s reward–penalty mechanism on the decision-making process of production and recycling units, as well as to reveal the optimal strategies under different conditions. Therefore, the strategies’ evolutionary paths of production and recycling units were investigated by using evolutionary game theory. Firstly, an evolutionary game model between production units and recycling units was proposed under the government’s reward–penalty mechanism. Then, the evolutionary stability strategies in different scenarios were discussed. Finally, the effects of the relevant parameters on the evolutionary paths of the game model were analyzed using numerical simulations. The main conclusions are as follows. (1) When the range of GDP changes, the evolutionary stable strategy changes accordingly. GDP plays a positive role in promoting the high-quality development of the CDW recycling supply chain, but an increase in GDP can easily lead to the simultaneous motivation of free-riding. (2) The government’s reward–penalty mechanism effectively regulates the decision-making process of production and recycling units. An increase in the subsidy rate and supervision probability helps to reduce free-riding behavior. Moreover, the incentive effect of the subsidy probability on recycling units is more obvious, while the effect of the supervision probability on improving the motivation of active participation for production units is more remarkable. This paper not only provides a decision-making basis to ensure production and recycling units to make optimal strategy choices under different conditions but also provides a reference for the government to formulate a reasonable reward–penalty mechanism that is conducive to a macro-control market.

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Section: Numerical Simulations and Discussionmentioning

confidence: 99%

Section: The Effect Of Gdp On the Game Equilibriummentioning

confidence: 99%

An Evolutionary Game Theory Study for Construction and Demolition Waste Recycling Considering Green Development Performance under the Chinese Government’s Reward–Penalty Mechanism

Long

Liu

et al. 2020

IJERPH

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“…Governmental institutions have been another important source of external resources and opportunities for the firm [ 51 ]. Increases in political ties have initially created a favorable condition for corporate green innovation.…”

Section: Hypothesesmentioning

confidence: 99%

Do Managerial Ties Help or Hinder Corporate Green Innovation? The Moderating Roles of Contextual Factors

Wang

2022

IJERPH

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Green innovation has significant implications for firms’ financial, environmental, and social performance. However, its externalities may inhibit the proactive involvement of firms in such initiatives. In this study, we examined the roles of two types of managerial ties (i.e., business and political) in green innovation and further investigated the moderating effects of two types of contextual factors (i.e., environmental regulations and competitive intensity). By conducting an empirical study using survey data from 218 samples, we confirm that business ties positively affect green innovation while political ties have an inverted U-shaped effect. Moreover, the relationship between managerial ties and green innovation is contingent on specific context settings. Our results show that the environmental regulations enforced by the government strengthen both the effects of business and political ties, while the competitive intensity has no effect on the relationship between business ties and green innovation; however, it sharpens the curvilinear effect of political ties.

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“…The specific definitions of each variable are shown in Table 1. In previous studies, green innovation is usually measured by output or input, such as green R&D input, green patent output, or total factor productivity [41]. Compared with other indicators, the patent is the most valuable output form of regional technological innovation and invention effort [42].…”

Section: Sample Constructionmentioning

confidence: 99%

Social Trust and Green Technology Innovation: Evidence from Listed Firms in China

et al. 2021

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Green Technology innovation intends to enable the advancement of technologies toward the goals of human health, natural resource sustainability and social equity. Green technology innovation has become an important driving force for the sustainable growth of the global economy. In this study, building upon the theories on informal institutions, we empirically investigate the effects of social trust on green technology innovation. Using a sample of companies listed in A-share markets in China from 2012 to 2017, we find that social trust has a significant positive impact on the performance of green technology innovation. We employ an instrumental variable approach through two-stage-least square estimator, and report consistent results. Further heterogeneity analysis finds that with higher levels of policy uncertainty and lower levels of intellectual property rights protection, the effect of social trust on firms’ green technology innovation is more significant. Further, the effect of social trust on firms’ green technology of non-SOEs innovation is larger than SOEs. In addition, the positive effect of social trust on green technology innovation in firms is an effective supplement for formal systems to promote green technology innovation in said firms, which provides a new theoretical reference for promoting firms’ green technology innovation and achieving high-quality development.

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Impact of Political Connections on Corporate Environmental Performance: From a Green Development Perspective

Cited by 22 publications

References 63 publications

An Evolutionary Game Theory Study for Construction and Demolition Waste Recycling Considering Green Development Performance under the Chinese Government’s Reward–Penalty Mechanism

An Evolutionary Game Theory Study for Construction and Demolition Waste Recycling Considering Green Development Performance under the Chinese Government’s Reward–Penalty Mechanism

Do Managerial Ties Help or Hinder Corporate Green Innovation? The Moderating Roles of Contextual Factors

Social Trust and Green Technology Innovation: Evidence from Listed Firms in China

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