Can local social norms motivate green innovation: Evidence from China

被引:1
作者
An, Yahui [1 ]
Qin, Zezheng [2 ]
机构
[1] Tianjin Univ Commerce, Sch Econ, Tianjin, Peoples R China
[2] Tianjin Univ Commerce, Sch Management, Tianjin, Peoples R China
基金
中国国家自然科学基金;
关键词
INSTITUTIONAL INVESTORS; AIR-POLLUTION; CORPORATE; RESPONSIBILITY; GOVERNMENT; PRESSURES; POLICIES; ORIGINS;
D O I
10.1002/mde.3896
中图分类号
F [经济];
学科分类号
02 ;
摘要
Our research suggests that the attention of local residents to environmental issues can influence green innovation by local firms. We examine the level of local attention to environmental issues (hereafter, local attention) and the number of green patents held by firms headquartered in these locations and find a positive correlation between local attention and the level of green innovation. We also find that this relationship is strengthened by local government subsidies. We provide evidence of the regulatory effect of local attention on chemical releases by local firms and demonstrate that local attention can be an effective estimator of local social norms.
引用
收藏
页码:3572 / 3584
页数:13
相关论文
共 52 条
  • [11] In Search of Attention
    Da, Zhi
    Engelberg, Joseph
    Gao, Pengjie
    [J]. JOURNAL OF FINANCE, 2011, 66 (05) : 1461 - 1499
  • [12] Religious Social Norms and Corporate Financial Reporting
    Dyreng, Scott D.
    Mayew, William J.
    Williams, Christopher D.
    [J]. JOURNAL OF BUSINESS FINANCE & ACCOUNTING, 2012, 39 (7-8) : 845 - 875
  • [13] The role of government intervention in financial development: micro-evidence from China
    Feng, Lingbing
    Fu, Tong
    Apergis, Nicholas
    Tao, Hu
    Yan, Wu
    [J]. ACCOUNTING AND FINANCE, 2019, 59 (05) : 2855 - 2878
  • [14] Corruption pays off: How environmental regulations promote corporate innovation in a developing country
    Fu, Tong
    Jian, Ze
    [J]. ECOLOGICAL ECONOMICS, 2021, 183
  • [15] What provides the micro-foundation of monetary policies in the absence of mature economic institutions?
    Fu, Tong
    [J]. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2021, 73
  • [16] The dilemma of government intervention in a firm's financing: Evidence from China
    Fu, Tong
    [J]. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2020, 71
  • [17] Predicting consumer behavior with Web search
    Goel, Sharad
    Hofman, Jake M.
    Lahaie, Sebastien
    Pennock, David M.
    Watts, Duncan J.
    [J]. PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA, 2010, 107 (41) : 17486 - 17490
  • [18] Hall BH, 2005, RAND J ECON, V36, P16
  • [19] HART SL, 1995, ACAD MANAGE REV, V20, P986
  • [20] The public environmental awareness and the air pollution effect in Chinese stock market
    He, Xubiao
    Liu, Yi
    [J]. JOURNAL OF CLEANER PRODUCTION, 2018, 185 : 446 - 454