执行
中国
环境政策
政府(语言学)
业务
新兴市场
经济
自然资源经济学
财务
政治学
语言学
哲学
法学
作者
Yingde Hu,Wensong Bai,Muhammad Farrukh,Chun Kwong Koo
标识
DOI:10.1016/j.techfore.2023.122330
摘要
Although environmental policy uncertainty is becoming prominent in emerging economies, such as China, the existing literature ignores its effect. In this study, we divided environmental policy uncertainty into policy content uncertainty (PCU) and policy enforcement uncertainty (PEU) and examined the influence of environmental policy uncertainty on corporate green investments based on survey data from Zhejiang Province, China. The results show that environmental policy uncertainty, regardless of PCU or PEU, can significantly inhibit corporate green investments. We found that executives' environmental awareness could not increase corporate green investments but significantly moderated the relationship between PEU and corporate green investments. We conclude that the government should keep environmental policies stable and enhance the capacity to develop policy enforcement priorities to ease PEU and improve the effectiveness of environmental policies.
科研通智能强力驱动
Strongly Powered by AbleSci AI