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Solve the cause, not the symptom: Managerial myopia and environmental investment preferences.
J Environ Manage
December 2024
School of Economics & Management, Changsha University of Science & Technology, No. 45, Chiling Road, Tianxin District, Changsha, Hunan, 410015, China. Electronic address:
Corporate executives often favor short-term "end-of-pipe" solutions to comply with environmental regulations. In this study, we examine how managerial myopia influences corporate preferences for environmental investments, using data from listed Chinese firms between 2007 and 2021. Grounded in the upper-echelon and time orientation theories, this analysis reveals that managerial myopia discourages environmental investments, with a more pronounced impact on preventive measures compared to treatment-focused approaches.
View Article and Find Full Text PDFDoes a not-for-profit minority institutional shareholder promote corporate green innovation? A quasi-Natural experiment.
J Environ Manage
December 2024
School of Economics and Management, Nanjing University of Science and Technology, No.200 Xiaolingwei Street, Nanjing, Jiangsu, China. Electronic address:
In 2016, the China Securities Regulatory Commission authorized the China Securities Investor Services Center (CSISC), a not-for-profit institution, to buy and hold 100 shares of listed firms in pilot regions. Exploiting CSISC shareholding as an exogenous shock, we employ a difference-in-differences analysis of a sample of listed firms from to 2013-2017 to investigate whether CSISC shareholding can promote corporate green innovation. Our results show that CSISC shareholding play a significant role in promoting corporate green innovation.
View Article and Find Full Text PDFDoes mandatory greenhouse gas emissions reporting program deter corporate greenwashing?
J Environ Manage
December 2024
School of Banking and Finance, National Economics University, Hanoi, Viet Nam.
This study examines the impact of the mandatory greenhouse gas emissions reporting program (GHGRP) on corporate greenwashing behaviour. Utilising the GHGRP in the United States as a quasi-natural experiment, we perform a difference-in-difference analysis to a panel dataset of 2731 publicly listed US firms from 2007 to 2022. The data consist of annual observations of firm-level variables, including ESG performance and disclosure metrics, financial characteristics, and environmental innovation indicators.
View Article and Find Full Text PDFEvaluation of the ASPYRE-Lung targeted variant panel: a rapid, low-input solution for non-small cell lung cancer biomarker testing and experience from three independent sites.
Transl Lung Cancer Res
November 2024
Department of Pathology and Laboratory Medicine, Hospital of the University of Pennsylvania, Philadelphia, PA, USA.
Background: Many patients with non-small cell lung cancer (NSCLC) lack access to highly effective approved targeted therapeutics due to multiple gaps in biomarker testing. Challenges in comprehensive molecular testing include complexities associated with the need to assess the presence of multiple variants, costs of running multiple sequential assays per sample, high assay quality control (QC) failure rates, clinical need for rapid turn-around time (TAT) to initiate therapy, and insufficient tissue samples. The ASPYRE-Lung NSCLC assay addresses gaps in multiplexed testing by simultaneously analyzing DNA and RNA, detecting 114 actionable genomic variants across 11 genes, consistent with current NSCLC treatment guidelines.
View Article and Find Full Text PDFU-shaped relationship between environmental regulation and the digital transformation of the Chinese coal industry: Mechanism and moderating effects.
J Environ Manage
December 2024
School of Economics and Management, Anhui University of Science and Technology, Huainan, 232001, China. Electronic address:
The coal industry faces heavy constraints from environmental regulation because of its high energy consumption and pollution. Although this industry is striving to promote digital transformation, the impact of environmental regulation on this process remains unclear. Thus, based on Chinese coal A-share listed companies from 2011 to 2022, our study examines the nonlinear relationship between environmental regulation and digital transformation, and explores the mechanism of corporate innovation, and the moderating effects of media and investor attention, respectively.
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