Does Entrepreneur Invest More in Environmental Protection When Joining the Communist Party? Evidence from Chinese Private Firms
Does Entrepreneur Invest More in Environmental Protection When Joining the Communist Party? Evidence from Chinese Private Firms
复制标题
企业家入党后是否会加大环保投入?
DOI:
10.1080/1540496x.2020.1848814
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发表时间:
2020-11
影响因子:
4
通讯作者:
徐细雄
中科院分区:
文献类型:
--
作者:
严由亮;徐细雄
ABSTRACT This study examines the role of affiliation with the ruling Communist Party in corporate environmental investment. Using a nationwide survey of Chinese private firms, we find that the Party membership of private entrepreneurs has a positive effect on corporate environmental investment, which suggests that Party status severs as a communication bridge and goal coordinator between the government and firms, thus encouraging them to participate more in environmental activities. Furthermore, this effect is more prominent when firms are located in regions with stricter legal supervision and lower levels of corruption, involve in a government-created business association and have better performance in profitability. Mechanism tests show that entrepreneurs with Party membership will promote firms to form a closer government-firm interaction and develop a better sense of social responsibility. Our findings highlight the entrepreneur’s Party status as an important driver of environmentally responsible corporate decision-making.
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影响因子:
10.4
作者:
Danqing Wang;X. Luo
通讯作者:
Danqing Wang;X. Luo
影响因子:
4.7
作者:
Clarkson, Peter M.;Li, Yue;Vasvari, Florin P.
通讯作者:
Vasvari, Florin P.
影响因子:
13.4
作者:
Chang, Li;Li, Wenjing;Lu, Xiaoyan
通讯作者:
Lu, Xiaoyan
DOI:
10.1007/978-981-13-2538-0_630
发表时间:
2019-11
期刊:
Dictionary of Geotourism
影响因子:
--
作者:
通讯作者:
--
影响因子:
5.4
作者:
Adams, Renee B.;Funk, Patricia
通讯作者:
Funk, Patricia