This study examined the link between board composition and environment, social and governance (ESG) investment, and how financing decisions moderate this nexus. The study constructed hypotheses using insights derived from stakeholder and agency theories. We used secondary data from 2010 to 2022 to conduct an empirical analysis using the system Generalized Method of Moments (GMM) and Fixed Effect (FE) estimators.
View Article and Find Full Text PDFThis study examines the impact of financing decisions and ownership structure on green accounting disclosure (GAD) in developing economies, where sustainability practices have not been extensively integrated into business models. We conducted empirical analysis considering 172 manufacturing companies from 2001 to 2022, utilizing both fixed effect and random effect estimation techniques. The findings revealed that firms that rely primarily on debt financing tend to have an inverse relationship with the levels of green accounting disclosure.
View Article and Find Full Text PDFThe exploration of oil and gas contributes to green-house-gas. While exploring countries ensures economic growth, their activities also contribute to environmental pollution through carbon emissions. The 13-member states of the Organization of the Petroleum Exporting Countries (OPEC) are the world's most important oil-producing and exporting countries.
View Article and Find Full Text PDFWe examined the effect of environmental disclosure on environmental performance for listed mining companies in China. Our analysis used China's Environmental Information Disclosure Degree (EIDD) and the Chinese Securities Regulatory Commission's disclosure guidelines to propose the Environmental Information Disclosure Index. Majority of previous studies on environmental disclosures focused on a particular company or city or province.
View Article and Find Full Text PDFEnergy economics literature indicates that CO emissions and economic growth are significant drivers of energy consumption. This paper empirically tests the claim described above within the context of the Belt and Road Initiative countries and the Organisation for Economic Co-operation and Development countries. Prais-Winsten regression estimates the models with panel corrected standard errors.
View Article and Find Full Text PDFThe adaption of the open-up reform policies in China some three decades ago has resulted in a rapid economic transformation of which the tourism sector has equally witnessed fast development. Therefore, the essence of this article is to review the evolution and expansion of the tourism industry in China and its obligation to observing international sustainable development policies and practices. Indications of the current policy regime, establishment, and institutions, sustainable development strategies to ensure continuity and availability of resources for future use, environmental sustainability laws and regulations, and promotional events for the development of the tourism industry are made available in this article.
View Article and Find Full Text PDFThe purpose of this paper is to investigate the impact of foreign direct investment (FDI) on sustainable development (SD) in China by using a regression model. Based on a panel date ranging from 1996 to 2016, this study makes an assessment of how development is sustained by means of an impose response function model. The findings revealed that, first, FDI has an insignificant influence on environmental quality in the long run but aids in financing physical capital deficits.
View Article and Find Full Text PDFThis paper analyses the link between foreign direct investment (FDI) and economic growth and their subsequent impact on environmental pollution in China. The simultaneous equation method was used with data from 31 provinces in China covering the period between 1995 and 2016. The findings indicate that the effect of FDI on economic growth, industrial structure, and environmental pollution control positively impacts on China's industrial pollution control and environmental conditions, implying that China should encourage foreign capital investments that come with advanced production technology and green production processes.
View Article and Find Full Text PDFThis research reviews and analyses the environmental catastrophes in China with regard to its adherence of global environmental policies and practices. The research makes available evidence of the present policy regime and institutions, strategies for curbing emission, environmental legislations and regulations and measures to provide a sustainable environment for the present and future generations. This paper reviewed how the environment is affected by the emissions.
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