Spatiotemporal changes of manufacturing firms in the flood prone Yangtze Delta

Jiao, Sisi; Li, Weijiang; Wen, Jiahong

doi:10.1080/17477891.2021.1988502

Cited by 5 publications

(1 citation statement)

References 61 publications

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“…Secondly, water vulnerability is also manifested by changes in precipitation patterns due to climate change and an increase in the number of extreme meteorological events, resulting in changes in the amount of water available in the region in time and space scales [ 62 , 63 ]. The unpredictability of physical risks such as droughts and floods and major disasters can pose a serious threat to business operations [ 64 , 65 ]. For example, droughts can exacerbate water scarcity problems faced by firms, while floods can cause production disruptions and equipment losses [ 66 ].…”

Section: Hypothesismentioning

confidence: 99%

Does Water Matter? The Impact of Water Vulnerability on Corporate Financial Performance

Zheng

Wang

et al. 2022

IJERPH

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This study aims to understand the potential relationship between water vulnerability and corporate financial performance for listed companies in China. Studies have argued that water risk has begun to affect the sustainability of firms, but few studies have included water conditions in the research framework to examine whether and how water conditions have a direct impact on firms. In addition, studies on environment governance have emphasized the impact of government environmental regulation on firms. This study focuses on both regulation and government investments that have been previously neglected. Using a sample of Chinese listed companies from 2016 to 2020, this paper uses pooled cross-sectional regressions with year and industry fixed effects to examine the effects of water vulnerability on corporate financial performance and analyze the mechanism of government water governance (which can be divided into water regulation and water investment) on the relationship between water vulnerability and corporate financial performance. This study finds that water vulnerability could negatively impact corporate financial performance, and water regulation can intensify but water investment couldn’t significantly relieve the negative impact. The relationships above differ between SOEs and non-SOEs and water-intensive and non-water-intensive industries.

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Section: Hypothesismentioning

confidence: 99%

Does Water Matter? The Impact of Water Vulnerability on Corporate Financial Performance

Zheng

Wang

et al. 2022

IJERPH

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Safe development paradox: evidence and methodological insights from a systematic review

Fusinato,

Han,

Kobiyama

et al. 2024

Nat Hazards

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Hydrological hazards pose significant threats worldwide, resulting in extensive societal and environmental impacts. To mitigate these impacts, structural protection measures like levees are commonly implemented. However, these measures can overlook complex human-water interactions and cause unintended consequences, such as the safe development paradox (SDP) and its sub-phenomena, the levee effect (LE), where risk reduction efforts paradoxically increase risk in the long run due to a false sense of safety. Despite the growing body of research on the SDP and LE, existing evidence remains fragmented due to the diverse methodologies and variables considered. To address this gap, we systematically reviewed 94 studies spanning 2001–2023 to synthesize the methodological approaches, variables, and evidence in this field. Most of the reviewed studies (75%) provided conclusive evidence to support the occurrence of the SDP and LE via three key mechanisms: (a) increased development in protected areas, (b) reduced preparedness and false sense of safety, and (c) increased damage from rare disaster events. About 40% of the reviewed case studies focused solely on exposure, overlooking other critical dimensions of the SDP and LE, such as vulnerability and behavioral aspects linked to a false sense of safety. Furthermore, the effect of non-structural and individual adaptation measures on the SDP and LE remains underinvestigated. A more holistic assessment of these socio-hydrological phenomena should thus include aspects such as preparedness, vulnerability, and risk perception. This holistic approach would enable a better understanding of the diversity of scenarios where the SDP and LE can manifest, providing policymakers with essential information to prevent unintended consequences of adaptation.

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AI-Driven Supply Chain Transformation in Industry 5.0: Enhancing Resilience and Sustainability

Wu,

Liu,

Liang

2024

J Knowl Econ

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Spatiotemporal changes of manufacturing firms in the flood prone Yangtze Delta

Cited by 5 publications

References 61 publications

Does Water Matter? The Impact of Water Vulnerability on Corporate Financial Performance

Does Water Matter? The Impact of Water Vulnerability on Corporate Financial Performance

Safe development paradox: evidence and methodological insights from a systematic review

AI-Driven Supply Chain Transformation in Industry 5.0: Enhancing Resilience and Sustainability

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