Media Coverage of Environmental Pollution and the Investment of Polluting Companies*

He, Yu; Chang, Ying; Jin, Xingye; Tao, Li; Shih, Chia Mei

doi:10.1111/ajfs.12315

Cited by 17 publications

(16 citation statements)

References 39 publications

(39 reference statements)

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“…Pollution has become one of the serious problems that need to be solved urgently in the world. Pollution is not only a serious threat to human health but also has a significant impact on the national economy (Chang et al [1]). Since the 1990s, China, India, and other emerging market countries have experienced rapid economic growth.…”

Section: Introductionmentioning

confidence: 99%

“…Conversely, when economic policy uncertainty decreases across countries, it is accompanied by an increase in CO 2 emissions. Notes: (1) The data sample covers the period 1998Q1 to 2019Q4, the source of CO 2 is the World Bank, and the data of EPU (economic policy uncertainty) is from https: //www.policyuncertainty.com/ (accessed on 1 March 2021). (2) CO 2 emissions and EPU of the United States, China, Japan, and Germany are all the fluctuation values after HP Filtered (λ = 100).…”

Section: Introductionmentioning

confidence: 99%

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The Heterogeneity Research of the Impact of EPU on Environmental Pollution: Empirical Evidence Based on 15 Countries

2021

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While economic growth has been the main goal of countries around the world, environmental problems such as air pollution have also arisen. Since the increase in economic uncertainty is limiting production capacity and consumers’ marginal propensity to consume, which reduces CO2 emissions, economic policy uncertainty has become one of the most important factors affecting CO2 emissions. COVID-19 has demonstrated that economic policy uncertainty reduces the enthusiasm of market participants, which, in turn, reduces energy demand and CO2 emissions. In order to further study the impact of economic policy uncertainty on air pollution, this study uses a panel model to empirically test the data for a sample of 15 countries covering the period from 1997 to 2019. According to the empirical results, we find that the economic policy uncertainty has a significant negative impact on per capita CO2 emissions. That is, the higher the uncertainty of economic policy, the lower the per capita CO2 emissions of countries. What’s more, this negative effect is larger in emerging market countries than in advanced countries.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Heterogeneity Research of the Impact of EPU on Environmental Pollution: Empirical Evidence Based on 15 Countries

2021

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“…The number of reports is collectively called media attention. Chang et al (2020) research shows that media reports have a significant positive impact on the total investment and environmental protection investment of listed companies in the pollution industry. The media plays a vital monitoring role and enhances the social responsibility of enterprises.…”

Section: The Moderating Effect Of Media Attentionmentioning

confidence: 99%

Environmental protection and sustainable development of enterprises in China: The moderating role of media attention

Qing

Jin

2022

Front. Environ. Sci.

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Faced with global environmental problems, such as global warming, enterprises have become important players in environmental protection. By fulfilling their environmental responsibilities, enterprises can create a good external image and gain support from the public and government, thereby increasing the influence of their enterprises. At the same time, the media plays the role of guiding public opinion and supervising the market economy in enterprise development and market economy. Therefore, this study investigates whether the environmental protection measures taken by enterprises have a positive effect on their sustainable development, and how media attention affects the relationship between environmental protection and sustainable development. This study uses the fixed effect regression method to empirically study the data of A share listed companies in China, from 2016 to 2019. The results of the study show that the enterprises’ fulfillment of environmental responsibilities or carbon trading can promote sustainable development. Furthermore, the higher the network or print media attention, the more environmentally responsible behavior and carbon emissions trading can promote sustainable development capabilities of enterprises. This study enriches the understanding of the important role played by environmental protection in driving enterprise sustainability and contributes to the literature by emphasizing the need for media attention about environmental responsibilities and carbon emissions trading.

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“…To enhance their environmental legitimacy, companies use media information to understand the relevant green needs of their stakeholders and use corporate digitalization to encourage green innovation based on the relevant ecological dynamics. On the other hand, as an informal supervision mechanism outside the corporate (Chang et al, 2020), the media promotes a positive connection between corporate digitalization and green innovation. Media attention can expose corporate environmental violations (Chang et al, 2020;Wang and Zhang, 2021).…”

Section: The Moderating Effect Of Media Attentionmentioning

confidence: 99%

Empirical research on the influence of corporate digitalization on green innovation

Wang²,

Nutakor³

2023

Front. Environ. Sci.

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The link between corporate digitization and green innovation is now receiving attention from all spheres of life in light of the rapidly developing digital economy and the goal of sustainable development. This study explores how corporate digitalization affects green innovation, its mediating mechanism, and moderating effects by integrating resource-based theory, attention-based view, and institutional theory. We utilize the panel data of Chinese Shanghai and Shenzhen A-share manufacturing corporation data from 2011 to 2020 as samples and use the fixed effect model in linear regression of panel data for regression analysis. Research findings: 1) corporate digitalization fosters not only green innovation directly but also promotes green innovation by enhancing human capital. 2) Executive team environmental attention encourages the beneficial correlation between human capital and green innovation. 3) Media attention promotes the favorable relationship between corporate digitalization and green innovation. 4) Heterogeneity analysis revealed that the corporate digitalization effect on green innovation is more significant when firms are more prominent in high-tech industries. The findings encourage corporations to strengthen their digital strategy, infrastructure, and applications. In addition, they can also inspire green innovation to enable companies to develop sustainably.

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Media Coverage of Environmental Pollution and the Investment of Polluting Companies*

Cited by 17 publications

References 39 publications

The Heterogeneity Research of the Impact of EPU on Environmental Pollution: Empirical Evidence Based on 15 Countries

The Heterogeneity Research of the Impact of EPU on Environmental Pollution: Empirical Evidence Based on 15 Countries

Environmental protection and sustainable development of enterprises in China: The moderating role of media attention

Empirical research on the influence of corporate digitalization on green innovation

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