scholarly journals The Impact of Green Credit on the Green Innovation Level of Heavy-Polluting Enterprises—Evidence from China

2022 ◽  
Vol 19 (2) ◽  
pp. 650
Author(s):  
Zhifeng Zhang ◽  
Hongyan Duan ◽  
Shuangshuang Shan ◽  
Qingzhi Liu ◽  
Wenhui Geng
Keyword(s):  
Natural Experiment ◽  
Double Difference ◽  
Credit Policy ◽  
Green Innovation ◽  
Innovation Activities ◽  
Corporate Credit ◽  
Credit Financing ◽  
The Cost ◽  
The Impact

This article uses the “Green Credit Guidelines” promulgated in 2012 as an example to construct a quasi-natural experiment and uses the double difference method to test the impact of the implementation of the “Green Credit Guidelines” on the green innovation activities of heavy-polluting enterprises. The study found that, in comparison to non-heavy polluting enterprises, the implementation of green credit policies inhibited the green innovation of all heavy-polluting enterprises. In the analysis of heterogeneity, this restraint effect did not differ significantly due to the nature of property rights and the company’s size. The mechanism test showed that green credit policy limits the efficiency of business investment and increases the cost of financing business debt. Eliminating corporate credit financing, particularly long-term borrowing, negatively impacts the green innovation behavior of listed companies.

scholarly journals Green Co-Creation Strategies among Supply Chain Partners: A Value Co-Creation Perspective

2020 ◽  
Vol 12 (10) ◽  
pp. 4305 ◽  
Author(s):  
Genzhu Li ◽  
Xianliang Shi ◽  
Yefei Yang ◽  
Peter K. C. Lee
Keyword(s):  
Supply Chain ◽  
Value Functions ◽  
Green Innovation ◽  
A Value ◽  
Manufacturing Supply Chain ◽  
Green Investment ◽  
The Cost ◽  
The Impact ◽  
Resource Shortage

In response to the global fight against environmental deterioration and resource shortage, many governments call on firms to implement green innovation strategies. However, for most small and medium-sized firms, the high cost of green innovation makes it difficult to achieve green goals, causing the need for a growing number of firms to cooperate with their supply chain partners on green innovations. Thus, this study explores, from a value co-creation perspective, how supply chain partners share the investment in, and benefits of, green innovation, assuring their long-term cooperation. Based on a three-level manufacturing supply chain, this paper proposes three different types of green co-creation strategies (i.e., the manufacturer and its supplier, the manufacturer and its competitor, the manufacturer and its retailer). We set the mechanism of co-creation to share the cost of green investment and consider the impact of co-creation on the sales of supply chain partners. Then, by constructing the value functions of three co-creation strategies and proving the concavity of these functions, the findings indicate that different co-creation strategies can indeed improve the firm’s profit in a certain range and achieve a different maximum value in a certain green investment sharing point. This study enriches the literature on green co-creation in supply chains by combing green investment sharing strategies among supply chain partners with value co-creation. In addition, this study provides manufacturers with guidelines on how to share green costs and choose a green co-creation strategy in different operational environments.

scholarly journals Environmental Management, Green Innovation, and Social–Open Innovation

2021 ◽  
Vol 7 (1) ◽  
pp. 89
Author(s):  
Pham Thu Huong ◽  
Jacob Cherian ◽  
Nguyen Thi Hien ◽  
Muhammad Safdar Sial ◽  
Sarminah Samad ◽  
...  
Keyword(s):  
Environmental Management ◽  
Stock Exchange ◽  
Advanced Technology ◽  
Green Innovation ◽  
Social Image ◽  
Whole Process ◽  
Corporate Environmental Management ◽  
The Impact ◽  
The Relationship

The present study aims to determine the impact of green innovation (GI) on the overall performance of an organization while keeping the variable of environmental management (EM) as a moderator. We used a dataset consisting of four data years, from 2014 to 2017, of A-share companies listed on the Shanghai Stock Exchange (SSE). The concept of green innovation refers to the use of advancements in technology that enable savings in energy, along with the recycling of waste material. When advanced technology is utilized in the production process, the products are referred to as green products and the whole process of adopting such technologies and product design is referred to as “Corporate Environmental Management”. Such innovations improve the overall financial performance of companies as it enables them to improve their social image by reducing their carbon footprint and ensures their long-term sustainability. The main issue is the limited focus and attention given to the topic, from the perspective of companies. This research focuses on the impact of green innovation and the importance of environmental management for the sustainability of companies. Our findings suggest that the relationship between green innovation and the performance of the company is positive and verifies the existence of moderating effects of environmental management on the relationship between green innovation and firm performance. Implications are given to academia and practitioners.

scholarly journals Stock Market Liberalization and Corporate Green Innovation: Evidence from China

2021 ◽  
Vol 18 (7) ◽  
pp. 3412
Author(s):  
Yuming Zhang ◽  
Juanjuan Zhang ◽  
Zhang Cheng
Keyword(s):  
Stock Market ◽  
Natural Experiment ◽  
Financial Behavior ◽  
Mechanism Analysis ◽  
Market Liberalization ◽  
Green Innovation ◽  
Securities Analysts ◽  
Stock Market Liberalization ◽  
The Impact ◽  
Practical Implications

Corporate green innovation is an effective way to achieve energy conservation and emission reduction. Enterprises’ willingness to pursue green innovation is increasingly affected by external factors. By using a quasi-natural experiment of China’s Stock Connect program, we investigate the impact of stock market liberalization on corporate green innovation. We find that stock market liberalization increases enterprises’ green innovation, especially for state-owned enterprises. We also find that stock market liberalization plays a stronger role in promoting the green invention patents of enterprises whose managers have overseas experience and enterprises in areas with a higher degree of openness. Our mechanism analysis suggests that stock market liberalization attracts the attention of securities analysts and increases managers’ focus on environmental protection, thereby promoting corporate green innovation. Our findings show that stock market liberalization plays an important role in the governance of firms’ non-financial behavior, which has important theoretical and practical implications.

Perinatal Care at the Threshold of Viability

PEDIATRICS ◽  
1995 ◽  
Vol 96 (5) ◽  
pp. 974-976
Author(s):  
◽  
◽  
◽  
Keyword(s):  
Perinatal Care ◽  
Survival Rates ◽  
Extremely Low Birth Weight ◽  
Low Birth Weight Infants ◽  
Term Outcome ◽  
Long Term Outcome ◽  
Obstetric Management ◽  
The Cost ◽  
The Impact

The survival rate for infants at the threshold of viability has been improving. However, there are insufficient data regarding the cost(s) of initial and ongoing care of these infants and the long-term outcome of survivors. Furthermore, there has been little study of the impact of obstetric management on the survival rates of extremely low birth weight infants and on long-term morbidities. Continued research on these issues is imperative, and physicians need to remain informed of changing statistics.

scholarly journals Does Social Franchising Private Health Facilities Shift Consumers Budget Line? An Econometric Analysis of the Average Treatment Effect within Private Health Facilities in Embu County, Kenya

2020 ◽  
Vol 6 ◽  
pp. 1
Author(s):  
Stephen Nyag ◽  
Susan Okeri ◽  
◽  
Keyword(s):  
Average Treatment Effect ◽  
Health Facilities ◽  
Sub Saharan Africa ◽  
Social Franchising ◽  
Cost Variance ◽  
Matching Criteria ◽  
The Cost ◽  
The Impact ◽  
Radius Matching

The Kenyan private health sector is one of the most developed in Sub-Saharan Africa and is highly critical in healthcare delivery. It is estimated 47 percent of the first quintile of income earners utilize the private facility for healthcare needs and 33 percent of women seek family planning (FP) services in this sector. However, the cost of healthcare services has been a great impediment to service utilization. To improve service quality and increase access, social franchising, interventions on the demand side such as the use of insurance and vouchers, and supply of subsidized medical products on the supply side are intended to reduce the cost of services. This study sought to investigate the impact of interventions of social franchisors on the cost of healthcare in private facilities in Kenya. The study used primary data collected from 215 individuals living within catchment areas with private health facilities using researcher-administered questionnaire. The main franchisors included in this study were Sustainable Health Foundation (CFW) and Population Services Kenya (Tunza). Results revealed that women whose primary motivation to visit private facilities included FP services, need of a lower cost of treatments, and quality services had higher odds of choosing franchised health facilities. Propensity score matching (PSM) using three matching criteria—nearest neighbor, kernel matching, and radius matching of 0.01—indicated that individuals seeking children’s health services and 3-month FP methods paid similar amounts in either franchised or nonfranchised health facilities. However, there was a huge cost variance for long-term FP methods where women paid significantly less, implying that social franchisors’ main impact is on long-term FP methods. The cost variance was due to vouchers utilized by some respondents hence, incurring zero cost in franchised facilities. Therefore, the study recommends the expansion of social franchising membership and the use of the voucher system for financially incapable consumers.

scholarly journals Do the Green Credit Guidelines Affect Renewable Energy Investment? Empirical Research from China

2021 ◽  
Vol 13 (16) ◽  
pp. 9331
Author(s):  
Kexian Zhang ◽  
Yan Wang ◽  
Zimei Huang
Keyword(s):  
Renewable Energy ◽  
Natural Experiment ◽  
Energy Transformation ◽  
Credit Policy ◽  
Short Term ◽  
Energy Investment ◽  
Mediating Role ◽  
Green Development ◽  
Renewable Energy Investment

How to promote renewable energy investment is central to energy transformation and green development. To take China’s “green credit guidelines” policy as a quasi-natural experiment, we investigate the impacts of green credit policy on renewable energy investment. Using the samples of 1021 Chinese listed enterprises during 2007–2017, we find that: Firstly, the introduction of the green credit guidelines has promoted renewable energy investment. Secondly, short-term debts play a mediating role in the impacts of green credit guidelines on renewable energy investment, while long-term debts play a masking role, and financing constraints do not play a significant role. Thirdly, the heterogeneous impacts on renewable energy investment are reflected in different ownerships and enterprise scales, with significant impacts on the state-owned enterprises and small ones.

Long-term reproductive patterns and sighting bias in Weddell seals (Leptonychotes weddelli)

1987 ◽  
Vol 65 (5) ◽  
pp. 1091-1099 ◽  
Author(s):  
J. Ward Testa
Keyword(s):  
Reproductive Performance ◽  
Age At First Reproduction ◽  
Reproductive Patterns ◽  
Weddell Seals ◽  
Signy Island ◽  
First Reproduction ◽  
Reproductive Rates ◽  
The Cost ◽  
The Impact

The reproductive performance of tagged Weddell seals (Leptonychotes weddelli) was monitored at McMurdo Sound, Antarctica, from 1970 to 1984. An age-specific reproductive schedule revealed the major onset of pupping at age 6 years, and a mean age of first birth of 7.1 years. The average asymptotic pupping rate of 0.61 is reached by age 10. The cost of pupping in a given year is reflected in a 0.05 drop in the probability of pupping the following year. This cost is not evident in females over 7 years old, suggesting that postweaning condition affects newly mature females more than those that are fully mature. Annual adult reproductive rates ranged from 0.46 to 0.79, with a possible periodicity of 5 to 6 years. Simulations were conducted to determine the impact on reproductive estimates of sighting biases associated with seals having had at least one pup (Parous) or having pupped that season (With-Pup). Age at first reproduction as deduced from an age-specific pupping schedule is strongly affected by both forms of sighting bias, but bias in sighting Parous females was the more important. Estimates of adult reproduction were affected minimally. Comparisons of reproductive estimates with those of Weddell seals at Signy Island are discussed with regard to the effects of sighting biases.

Infrastructure, Accessibility and Growth in Tuscany: A Macroeconomic Impact Evaluation

2010 ◽  
pp. 75-100
Author(s):  
Giuseppe Francesco Gori ◽  
Patrizia Lattarulo ◽  
Renato Panicciŕ
Keyword(s):  
Economic Impact ◽  
Regional Growth ◽  
Agglomeration Economies ◽  
Regional Mobility ◽  
Macroeconomic Impact ◽  
Productivity Differentials ◽  
The Cost ◽  
The Impact ◽  
Cost Of Transportation

The purpose of the paper is to assess the impact of the Regional Mobility and Logistic Plan (RMLP) of Tuscany on regional growth and spatial disparities between the Tuscan provinces. In order to evaluate its economic impact, we first quantify the impact in terms of changes in travel time and variations in the cost of transportation per unit of delivered output. We then make use of the Remi-Irpet model. The latter explains the agglomeration economies and productivity differentials. We find that, despite the fact that the RMLP does not solve the structural problem of mobility within Tuscany, it does make it possible to get rid of some potential constraints for long-term regional growth, even if the economic impact across the provinces is disequalizing.

scholarly journals How to evaluate the effect of seven years of the Norwegian School Fruit Scheme (2007–2014) on fruit, vegetable and snack consumption and weight status: A natural experiment

2019 ◽  
pp. 140349481987592
Author(s):  
Ingrid Marie Hovdenak ◽  
Tonje Holte Stea ◽  
Per Magnus ◽  
Steinar Krokstad ◽  
Oddrun Samdal ◽  
...  
Keyword(s):  
Primary Schools ◽  
Weight Status ◽  
Natural Experiment ◽  
Dietary Habits ◽  
Child Growth ◽  
Health Study ◽  
Data Sets ◽  
Norwegian School ◽  
The Impact

Aim: From August 2007 to June 2014, the Norwegian School Fruit Scheme (NSFS) legally established that all pupils in junior high and combined schools (275,000 pupils every year), but not those in primary schools (343,000 pupils every year), were entitled to a free piece of fruit or vegetable every school day. The NSFS is a natural experiment, unique in terms of scope and lengthiness. Such governmental efforts to improve the diet of the public are rarely evaluated. Thus, an evaluation of the comprehensive, well-designed NSFS is warranted. The aim was to describe how the NSFS can be evaluated using existing data sets. Methods: Four data sets have been identified for the evaluation of the NSFS: (a) the Nord-Trøndelag Health Study, (b) the Norwegian Mother and Child Cohort Study, (c) the Norwegian Child Growth Study/Growth in Teenagers and (d) Health Behaviour in School Aged Children. These comprehensive studies have collected cross-sectional or longitudinal data providing information about children’s dietary consumption and/or weight status, which can be utilised in the evaluation of the NSFS. Both short- and long-term effects of the NSFS related to dietary habits and weight status and the potential effect of moderators such as socio-economic status, sex, ethnicity and the age of children and adolescents can be studied. Conclusions: Worldwide, there is a lack of well-designed, long-term studies evaluating the impact of governmental efforts to improve public diet. The present study describes how the NSFS can be evaluated using data from four large data sets on eating habits and weight status.

Can Information on Cost Improve Clinicians' Behavior?: Lessons from Health Care Trials and Management

1997 ◽  
Vol 13 (4) ◽  
pp. 553-561 ◽  
Author(s):  
Peter F. Lowet ◽  
John M. Eisenberg
Keyword(s):  
Health Care ◽  
Price Competition ◽  
Educational Interventions ◽  
Cost Information ◽  
Improved Outcomes ◽  
Practice Variations ◽  
The Cost ◽  
The Impact

AbstractFacing intense price competition and societal pressures, health care provider organizations have focused increasingly on the cost-effectiveness of medical services. In instances when there is insufficient evidence that a more expensive treatment course generates improved outcomes, the lower cost option is often encouraged. Yet, with resource utilization still determined principally by individual physicians, large practice variations often persist. This paper reviews the literature and explores the impact of sharing cost information on physicians' practice patterns utilizing management theory concepts. More research should be conducted to determine long-term benefits of educational interventions, physicians' fundamental views on the relationship between cost and quality and its effect on their responsiveness to cost information, and the role of leadership in changing clinical behavior.

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