业务
竞赛(生物学)
产业组织
投资(军事)
政府(语言学)
环境污染
中国
比例(比率)
市场竞争
环境法规
自然资源经济学
环境保护
经济
市场经济
哲学
法学
物理
政治
生物
量子力学
语言学
环境科学
生态学
政治学
作者
Yang Liu,Junting Tan,Weiyi Xia,Chi Zhao-mei,Han Qin,Quanxin Gan,Y. Qin
出处
期刊:Sustainability
[MDPI AG]
日期:2022-05-01
卷期号:14 (9): 5459-5459
被引量:1
摘要
Worldwide, many countries regard green as a keyword related to development, and investments into environmental protection are an important way for enterprises to achieve green development. Therefore, clarifying which factors influence enterprises to invest into environmental protection is very important. Starting from micro-enterprises and using the data from companies listed in China’s A-share manufacturing industry from 2008 to 2019, in this study, we empirically analyze the relationship between corporate performance (CP) and the scale of investments by enterprises into environmental protection (EI) and analyze the moderating effect of industry competition on the relationship between CP and EI. The result shows that (1) a positive correlation can be found between CP and EI; (2) fierce industry competition can increase the positive impact of CP on EI; and (3) compared with industries with non-heavy pollution, fierce industrial competition increases the positive impact of CP on EI in industries with heavy pollution. The research results show that performance is a key factor influencing enterprises’ decisions about investments into environmental protection, and industry competition can stimulate enterprises to invest into environmental protection. This study explores the internal and external factors influencing an organization to promote active behaviors of investing into environmental protection, provides a reference for enterprises to explore “win–win” paths, and provides a certain theoretical basis for the government to improve relevant regulations.
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