The impact of public participation in environmental governance on the technical efficiency of enterprise

被引：5
作者：
Cao, Xinghua [1 ]
Chen, Hao [2 ]
机构：
[1] Beijing Univ Chinese Med, Coll Humanities, Beijing 100029, Peoples R China
[2] South Cent Minzu Univ, Sch Econ, Wuhan 430000, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 62卷
关键词：
Public environmental participation; Enterprise technical efficiency; Environmental pollution control; Stochastic frontier method; SPATIOTEMPORAL EVOLUTION; REGULATIONS; AIR;
D O I：
10.1016/j.frl.2024.105112
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper investigates the impact of public participation in environmental governance on the technical efficiency at the firm-level. Using the stochastic frontier method to measure the technological efficiency, we find that the average technical efficiency of enterprises has gradually increased, and the distribution of technical efficiency of enterprises varies by region. We further show that public participation in environmental governance can significantly improve enterprises' technical efficiency. Finally, the heterogeneity analysis shows that our findings are more pronounced in state-owned firms and small firms.
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页数：9
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