Environmental tax incentives and corporate environmental behaviour: An unintended consequence from a natural experiment in China

被引：12

作者：

Boubaker, Sabri ^{[1
,2
,3
]}

Cheng, Feiyang ^{[4
,5
,7
]}

Liao, Jing ^{[6
]}

Yue, Shuai ^{[6
]}

机构：

[1] EM Normandie Business Sch, Metis Lab, Paris, France

[2] Vietnam Natl Univ, Int Sch, Hanoi, Vietnam

[3] Swansea Univ, Sch Management, Swansea, Wales

[4] Tianjin Univ, Coll Management & Econ, Tianjin, Peoples R China

[5] Macquarie Univ, Macquarie Business Sch, Sydney, NSW, Australia

[6] Massey Univ, Sch Econ & Finance, Palmerston North, New Zealand

[7] Tianjin Univ, Coll Management & Econ, Tianjin 300072, Peoples R China

来源：

EUROPEAN FINANCIAL MANAGEMENT | 2024年 / 30卷 / 02期

基金：

中国国家自然科学基金;

关键词：

China; corporate environmental performance; environmental tax incentives; heavy polluters; FINANCIAL CONSTRAINTS; PERFORMANCE EVIDENCE; PROTECTION TAX; GREEN; INVESTMENT; INNOVATION; REGULATIONS; GOVERNANCE; POLICY;

D O I：

10.1111/eufm.12445

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Using the implementation of the Environmental Protection Tax (EPT) Law in China as a natural experiment, we explore the impact of environmental tax incentives on corporate environmental engagement. Evidence shows that, after the implementation of the EPT Law, there exists a significant improvement in the environmental performance of firms located in regions with increased EPT rates. However, our results reveal an unintended consequence that this effect is more salient for nonheavy-polluting companies rather than for heavy polluters that are more targeted by the EPT Law.

引用

页码：800 / 838

页数：39

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