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Environmental Regulations and Corporate Green Innovation in China: The Role of City Leaders’ Promotion Pressure

机译:中国环境法规与企业绿色创新:城市领导促进压力的作用

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摘要

China and other emerging market countries have suffered from the problem of environmental pollution while developing rapidly in the past few decades. In recent years, many countries have introduced strict environmental regulations in order to achieve sustainable development. This paper discusses the relationship between environmental regulations and corporate green innovation from the perspective of regional leaders’ promotion pressure. The empirical results show that direct policy regulation within the region stimulates green innovation on the part of enterprises, and the promotion pressure of city leaders has a further positive moderating effect on the positive correlation between environmental regulations and enterprises’ green innovation. The conclusion of the study proves that a strict environmental policy can promote the effectiveness of an environmental performance appraisal system in the sustainable development plans of cities and enterprises. This paper not only reveals the influence path of official promotion pressure on the sustainable development of enterprises in the administrative area from the micro perspective but also sheds some light that may improve government governance and promote the transformation of enterprises.
机译:中国和其他新兴市场国家,而在过去的几十年里迅速发展已经从环境污染的问题的困扰。近年来,许多国家都在为实现可持续发展出台严格的环保法规。本文讨论了从地方领导人的​​升迁压力的角度看环境法规和企业绿色创新之间的关系。实证结果表明,该地区内的直接政策调控刺激企业的部分绿色创新,和市领导的推动压力有进一步的积极缓和的环境法规和企业的绿色创新之间的正相关效应。这项研究的结论证明,严格的环保政策在城市和企业的可持续发展计划推动环境绩效考核体系的有效性。本文不仅揭示了企业从微观角度来看,行政区域的可持续发展加官压力的影响路径,而且也揭示了可以改善政府治理结构,促进企业转型的一些情况。

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