To promote the effectiveness of cross-regional collaborative governance of pollution firm transfer, a stochastic evolutionary game model among three sectors (flying out parks, pollution firms, and flying in parks) was proposed. According to the three policy goals, three paths of collaborative governance were investigated using numerical simulations. Our findings focus on the following three aspects: (i) If policymakers want to urge more parks and pollution firms in the three sectors to choose a cooperation strategy, additional relocation subsidies from superior governments for pollution firms have the most remarkable effect. However, excessive subsidies will push flying out parks to inhibit the transfer of pollution firms. (ii) If policymakers intendto urge parks and pollution firms to cooperate quickly, increasing the environmental costs of firms will play key role. Notably, even if the environmental costs are low, they can still considerably and positively affect choosing a transfer strategy of for pollution firms. (iii) If policymakers expect defection parks and pollution firms to be as few as possible during the regulation process, the cost-sharing mechanism with only two sectors (flying in parks and flying out parks) is invalid. Introducing higher-level departments or other sectors for cost-sharing to escape the current dilemma is necessary.
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http://dx.doi.org/10.1016/j.jenvman.2022.117113 | DOI Listing |
J Environ Manage
January 2025
Montpellier Business School, Montpellier, France. Electronic address:
Based on a quasi-natural experiment with the Zero Waste Cities (ZWC) initiative launched in 2019, this study takes 14,191 Chinese A-share listed companies from 2014 to 2022 as the research object to assess the impact of the policy on pollution and carbon emission reduction through a difference-in-difference method. It highlights the superior effectiveness of ZWC in enhancing collaborative efforts towards emissions reduction, with waste reduction impacts exceeding those on carbon emissions. The success is attributed to three main channels: rigorous environmental governance, green innovation promotion by firms, and shifts in public behavior.
View Article and Find Full Text PDFPLoS One
January 2025
School of Accounting, Zhongnan University of Economics and Law, Wuhan City, Hubei Province, China.
The impact of environmental governance on firm productivity has been widely discussed, but few studies have examined the function of environmental judicature. Using the establishment of environmental courts as a quasi-natural experiment, this paper examines the relationship between environmental judicature and firm productivity. Our findings show that environmental courts will reduce firm productivity in the short term, chiefly owing to the increased environmental violation costs, environmental reputation costs and environmental compliance costs.
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January 2025
Business School, Huaqiao University, Quanzhou, Fujian, China.
Global climate change has become one of the most large-scale, widespread, and far-reaching challenges facing mankind. Against this background, China has proposed a "dual-carbon" target in 2020, which greatly demonstrates China's determination and commitment to carbon emission reduction, and the burden of realizing the "dual-carbon" target is mainly borne by heavy polluters. The burden of achieving the "dual-carbon" goal is mainly borne by the heavily polluting firms.
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January 2025
Institute for Chengdu-Chongqing Economic Zone Development, Chongqing Technology and Business University, Chongqing, China.
Green innovation is essential for sustainable development, especially in China's Specialized-Refined-Differentiated-Innovative (SRDI) enterprises. Family-owned SRDI firms, in particular, have attracted attention due to their de-familization strategies and their influence on green innovation. Our study analyzes panel data from 2016 to 2021 for listed SRDI family firms to investigate how de-familization in management rights and ownership impacts green innovation.
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January 2025
School of Management, Guangzhou College of Technology and Business, Foshan City, China.
This paper examines the impact of environmental management system (EMS) certification, a significant voluntary participatory environmental regulation, on the risk of stock price collapse. The study is based on sample data of heavily polluting listed companies from 2008-2020. The study demonstrates that certification of environmental management systems has a significant impact on preventing share price collapse.
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