2020
DOI: 10.1017/s1355770x20000327
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Is enterprise environmental protection investment responsibility or rent-seeking? Chinese evidence

Abstract: Having enterprises engaged in environmentally friendly behavior is an important part of reducing negative environmental impacts. This study makes a quantitative analysis against the backdrop of China's transitional economic system. The results show that politically-connected enterprises significantly reduce environmental expenditure, but this only holds for state-owned enterprises; private enterprises with political connections spend significantly more. Analysis of the efficiency of environmental expenditure i… Show more

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Cited by 20 publications
(5 citation statements)
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References 29 publications
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“…Especially in strictly controlled external environments, building relationship a curial for business groups that rely on domestic and foreign resource networks as their main source of competitive advantage, the key is to build a network with foreign or domestic resources. Ref [56] suggest that personal relationships are the key for the entrepreneurship and evolution of business groups. An entrepreneurs' attributes and contextual factors are inseparable from the function of political connections.…”
Section: Hypothesismentioning
confidence: 99%
“…Especially in strictly controlled external environments, building relationship a curial for business groups that rely on domestic and foreign resource networks as their main source of competitive advantage, the key is to build a network with foreign or domestic resources. Ref [56] suggest that personal relationships are the key for the entrepreneurship and evolution of business groups. An entrepreneurs' attributes and contextual factors are inseparable from the function of political connections.…”
Section: Hypothesismentioning
confidence: 99%
“…Our results open the debate on the compensation mechanism of full-cost recovery for waste management, which does not incentivize efficiency and gives margins of opportunism for the private operator. In this sense, there is a need to define good organizational structure to reduce agency cost and avoid rent-seeking behavior (Asenova and Beck, 2010 ; Jiang et al, 2021 ). Appropriate management control, governance, and regulatory structures, in this case, could be relevant (Appuhami et al, 2011 ) to reduce risk and increase efficiency (Langfield-Smith and Smith, 2003 ).…”
Section: Discussionmentioning
confidence: 99%
“…The results show that environmental pollution control investment has a significant inhibitory effect on green technology innovation with a high degree of environmental decentralization, and the inhibitory effect of industrial pollution source control investment and "three simultaneous" construction project investment is particularly obvious. Jiang et al [18] believed that the environmental protection behaviour of companies is important in reducing negative environmental effects, and environmental protection expenditures can achieve the dual goal of increasing corporate interests and ecological environmental protection. Farooq et al [19] believed that environmental subsidies encourage the industrial sector to carry out green production, and the active industrial investment of the enterprises can achieve the improvement of green productivity.…”
Section: State Of the Artmentioning
confidence: 99%