scholarly journals A Study on Evaluation and Influencing Factors of Carbon Emission Performance in China’s New Energy Vehicle Enterprises

2021 ◽  
Author(s):  
Min Zhao ◽  
Tao Sun ◽  
Qiang Feng
Keyword(s):  
Influencing Factors ◽  
Carbon Emission ◽  
Negative Impact ◽  
Positive Impact ◽  
Free Cash Flow ◽  
Government Support ◽  
Stirpat Model ◽  
Emission Performance ◽  
New Energy ◽  
And Performance

Abstract Vehicle industry has made great contribution to human progress. However, in the process of vehicle operation, a large number of carbon compounds are emitted, which brings serious environmental problems. As one of the important means of vehicle carbon emission governance, the development of new energy vehicles(NEVs) has attracted much attention. The behavior and performance of NEV enterprises are highly concerned. Using Chinese 23 NEV vehicle enterprises’ data from 2011 to 2018, this paper evaluates the carbon emission performance with the super-efficiency slacks-based measure (SE-SBM) model based on unexpected output, and then constructs STIRPAT model to analyze the influencing factors of carbon emission performance. The results indicate that, firstly, the carbon emission performance of China’s NEV enterprises is not ideal at present, but it is increasing year by year. Secondly, the carbon emission performance of different NEV enterprise is distinct in the same year, and the carbon emission performance of the same NEV enterprise is distinct in different year. Thirdly, technological innovation, government support and free cash flow have significant positive impact on the carbon emission performance of NEV enterprises, while debt constraint, energy intensity and enterprise size have a significant negative impact on the carbon emission performance of NEV enterprises.

scholarly journals Research on Green Innovation of the Great Changsha-Zhuzhou-Xiangtan City Group Based on Network

Land ◽  
2021 ◽  
Vol 10 (11) ◽  
pp. 1198
Author(s):  
Lu Wang ◽  
Wenzhong Ye ◽  
Lingming Chen
Keyword(s):  
Network Structure ◽  
Negative Impact ◽  
Positive Impact ◽  
Government Support ◽  
Green Innovation ◽  
Urban Agglomerations ◽  
Network Scale ◽  
Low Efficiency ◽  
The Impact ◽  
City Group

This article aims to promote the high-quality development of the Great Changsha-Zhuzhou-Xiangtan City Group and improve the green innovation efficiency of urban agglomeration. This article takes green innovation in networked urban agglomerations as its research subject. Furthermore, it analyzes the impact of network structure characteristics such as network scale and network structure hole on green innovation in urban agglomerations. Moreover, this study uses the unexpected output SBM model to measure green innovation efficiency of the eight prefecture-level cities in the Great Changsha-Zhuzhou-Xiangtan City Group from 2012 to 2018 and analyzes its influencing factors using the panel Tobit model. The results show that the overall green innovation efficiency of the Great Changsha-Zhuzhou-Xiangtan City Group is stable. The distribution of urban green innovation efficiency in the region is characterized by urban gradient and mid-stream drive. In the process of networked innovation, economic development, which has a positive impact on green innovation, promotes the overall effectiveness of the network structure. The low efficiency of urban educational resources, which has a negative impact on green innovation, leads to the redundancy of a network scale. The unapparent advantage of industrial structures, which have a negative impact on the development of green innovation, leads to the insufficient depth and breadth of network openness. Lastly, government support and the level of infrastructure have no impact on green innovation.

Corporate governance and performance of medium-sized firms in Nigeria: does sustainability initiative matter?

2020 ◽  
Vol 20 (3) ◽  
pp. 401-427
Author(s):  
Babatunji Samuel Adedeji ◽  
Tze San Ong ◽  
Md Uzir Hossain Uzir ◽  
Abu Bakar Abdul Hamid
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Financial Reporting ◽  
Structural Equation ◽  
Negative Impact ◽  
Positive Impact ◽  
Mediating Effect ◽  
Content Type ◽  
And Performance ◽  
The Relationship

Purpose The non-existence of the corporate governance (CG) concept for practices by non-financial medium-sized firms (MSFs) in Nigeria informed. This study aims to determine whether CG practices influence firms’ performance and whether sustainability initiative (SI) mediates the relationship between CG and MSFs’ performance in Nigeria. Design/methodology/approach A total of 300 firms were selected on convenience sampling basis from South Western Nigeria using a structured questionnaire. The authors used Statistical Package for Social Sciences for exploratory data analysis and hypotheses were tested using covariance-based structural equation modelling. Findings The results show that CG has a significant positive effect on performance [financial performance (FNP) and non-financial performance (NFP)] and SI. SI has a mixed impact on performance, e.g. a significant positive impact on NFP but insignificant negative impact on FNP. Similarly, SI has a combined mediating effect in the relationship between CG and performance, e.g. fully mediates CG → NFP and does not mediate CG → FNP. Firms are to invest in social and environmental initiatives substantially. CG codes will complement the International Financial Reporting Standards for MSFs. Research limitations/implications This study supports the assumptions of theories (institutional, stakeholder and agency) as the basis for the usage of multiple approaches to determine the outcome of hypotheses, especially in developing climes. Practical implications The study contributes to CG and performance literature by examining the mediating effects of SI. The paper also shows the necessity to emphasise NFP aspect. Policymakers should evolve CG codes to encourage stakeholders to believe more in the corporate existence of MSFs for strengthening capital-base and quality personnel engagement. Originality/value To the best of the authors’ knowledge, this is one of the first empirical attempts showing the evidence on the relationship between CG and NFP in Nigeria.

scholarly journals It is Worth Pondering Whether a Carbon Tax is Suitable for China’s Agricultural-Related Sectors

Energies ◽  
2018 ◽  
Vol 11 (9) ◽  
pp. 2296 ◽  
Author(s):  
Weiguo Fan ◽  
Zhicheng Gao ◽  
Nan Chen ◽  
Hejie Wei ◽  
Zihan Xu ◽  
...  
Keyword(s):  
Computable General Equilibrium ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Carbon Tax ◽  
Negative Impact ◽  
Positive Impact ◽  
Great Influence ◽  
Computable General Equilibrium Model ◽  
Carbon Emission Reduction ◽  
Incremental Rate

Studying the characteristics, trends, and evolution of carbon emissions in agricultural related sectors is of great significance for rational formulation of carbon emission reduction policies. However, as an important carbon emission reduction policy, carbon tax has been controversial over whether or not it should be levied on China. Based on this consideration, this paper takes China’s agricultural related sectors as an example and analyzes the degree of carbon tax on macro-environment, macroeconomy, and agricultural sectors during the period 2020–2050 by constructing a 3EAD-CGE (economy-energy-environmental-agricultural-dynamics Computable General Equilibrium) model. The results show that: (1) carbon tax has a time effect, specifically, the short-term effect is better than the long-term. (2) If the incremental rate of carbon tax is carried out alone, it will exert a great influence on the macroeconomy as well as on most of the agricultural related sectors. (3) If a carbon tax is introduced at the same time as indirect taxes are cut (proportionally), the policy will exert a negative impact on agriculture-related sectors that are subsidized. However, the policy will have a positive impact on those nonsubsidized sectors. Finally, based on the results, we put forward some suggestions that are more suitable for the introduction of a carbon tax in China’s agricultural-related sectors.

scholarly journals The Impact of Financial Support on Innovation Efficiency of Government Subsidies From the Perspective of DEA-Tobit——An Empirical Study Based on Chinese New Energy Vehicle Enterprises

2021 ◽  
Author(s):  
Sha Zhang ◽  
Fang Chen
Keyword(s):  
Financial Support ◽  
Negative Impact ◽  
Positive Impact ◽  
Reference Value ◽  
Chinese Government ◽  
Operating Cycle ◽  
Government Subsidies ◽  
New Energy ◽  
New Energy Vehicle ◽  
The Impact

Abstract The new energy vehicle enterprises is a strategic emerging industry in China, so more and more government subsidies to promote innovative development are being accepted by new energy vehicle enterprises. What is the innovation efficiency of new energy vehicle enterprises receiving government subsidies? With the acceleration of the process of global economic financialization, whether financial support can promote the innovation efficiency of government subsidies and how enterprises should allocate financial assets have become issues that need to be deeply considered. Based on the annual report data of China's domestic listed new energy vehicle enterprises from 2015 to 2020, the relationship between government subsidies and enterprise innovation efficiency is empirically tested, and the impact of financial support on enterprise R&D innovation efficiency is investigated. The empirical results show that government subsidies are wasteful and fail to effectively promote R&D innovation, and the innovation efficiency of government subsidies is positively influenced by firm nature and firm age, while the total asset turnover ratio, operating cycle and firm size have a negative impact on innovation efficiency. Further research found that there is an inverted U-shaped relationship between financial support and the innovation efficiency of government subsidies. A certain degree of financial support has a positive impact on the innovation efficiency of government subsidies, but excessive financial support has a negative impact on the innovation efficiency of government subsidies. The conclusion provides empirical evidence for the Chinese government to improve the subsidy policy and standardize the development of new energy vehicle enterprises, and has a certain reference value for guiding new energy vehicle enterprises to reasonably allocate financial support.

scholarly journals Effects of straw’s comprehensive utilization-technology on agricultural carbon emission in Jiangsu Province

2021 ◽  
Vol 267 ◽  
pp. 01014
Author(s):  
Xue Qin ◽  
Jun Yan ◽  
G.Y. Zhu
Keyword(s):  
Influencing Factors ◽  
Carbon Emissions ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Explanatory Variable ◽  
Inhibitory Effect ◽  
Jiangsu Province ◽  
Stirpat Model ◽  
Comprehensive Utilization ◽  
The Core

Straw resources are abundant in Jiangsu province, the utilization and burning of straw is an important problem in agriculture carbon emission reduction. In order to analyze the effect of straw’s comprehensive utilization technology on agricultural carbon emission, the STIRPAT model is introduced, which takes straw utilization technology as the core explanatory variable while other influencing factors as control variables, and the ridge regression is adopted to conduct an empirical analysis on the influencing factors of agricultural carbon emission in Jiangsu province from 2008 to 2018. The results demonstrate that for every 1% increasing of straw’s comprehensive utilization technology, agriculture carbon emission will be reduced by 0.17%; the labor force is the biggest driver of agriculture carbon emissions; agriculture economic development, energy consumption takes a certain inhibitory effect on agriculture carbon emissions, but not very great.

scholarly journals The Relationship between the Ownership Structure, Capital Structure and Performance

2018 ◽  
Vol 1 (25) ◽  
pp. 1 ◽  
Author(s):  
Ali Al-Thuneibat
Keyword(s):  
Capital Structure ◽  
Ownership Structure ◽  
Negative Impact ◽  
Positive Impact ◽  
Stock Exchange ◽  
Return On Assets ◽  
Service Companies ◽  
Concentrated Ownership ◽  
And Performance ◽  
The Relationship

This paper aims at providing an empirical evidence concerning the relationship between the ownership structure, capital structure and financial performance of the shareholding companies listed in Amman Stock Exchange (ASE). To measure the ownership structure, the researcher used four variables including foreign, institutional, managerial and concentrated ownership. The capital structure is measured by using the leverage, and the performance is measured by using the return on assets (ROA). To achieve the objectives of the study, a sample of 86 firms from the industrial and service companies listed in ASE during the period 2010 and 2014 is used. The results of the study showed that the relationship between ownership structure in general, and performance is positive and statistically significant, however, the results showed that the various types of ownership structure have different types of relationships with performance. More specifically, there is a negative impact of institutional and foreign ownerships on the performance and positive impact of concentrated and managerial ownerships. The results also revealed that there is a positive impact of the financial leverage on the relationship between ownership structure and firm performance. The findings of the study provide implications to the regulators, investors and managers in Jordan to take into consideration the environment-specific factors when developing corporate regulations and encourage concentrated and managerial ownership because they have positive impact on performance.

scholarly journals The effect of Covid-19 on the economy of Bangka-Belitung and the performance of MSME and its impact on competitive strategies in the new normal era

2020 ◽  
Vol 1 (1) ◽  
pp. 51-63
Author(s):  
Reniati Reniati ◽  
◽  
Muhammad Faisal Akbar ◽  
Nur Ahmad Ricky Rudianto ◽  
◽  
...  
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Raw Materials ◽  
Economic Losses ◽  
Change Strategies ◽  
Competitive Strategies ◽  
Online Application ◽  
The Face ◽  
Cross Tabulation ◽  
And Performance

Purpose: The economy in the MSME sector is experiencing a great crisis in the face of the Covid-19 pandemic. MSME actors must change strategies to adapt to the current pandemic conditions. The purpose of this study was to examine the effects of Covid 19 on the economy and performance of MSMEs as well as the strategies adopted by MSME players in Bangka Belitung Province. Research methodology: The data collection method employed probability sampling with google form media analyzed by using cross tabulation, trend analysis and simple mathematical modeling in projecting total economic losses to MSMEs that are active in the Bangka Belitung Island Province. Results: The results show that 84.7 percent of MSMEs experienced a negative impact due to the Covid 19 pandemic in the form of a decrease in sales turnover, reduced demand and hampered distribution of raw materials. However, 15.3 percent of MSMEs experienced a positive impact and survived in the Covid 19 pandemic conditions. Some of the strategies implemented by MSMEs to survive in the Covid 19 periods were replacing products sold with products for handling COVID 19 such as masks, hand sanitizers and others. MSME players also changed their sales strategy by selling online and maintaining customer databases. Limitation: Due to the Covid-19 condition, survey activities were carried out by using the Google Form online application. Contribution: MSMEs undertook a more aggressive marketing strategy to maintain turnover value in order to keep growing. Keywords: Covid-19, MSME, Turnover, Competitive strategy

scholarly journals Impacts of Capital Structure and Dividend Policy on the Financial Performance of Listed Companies on Vietnamese Stocks Market

2021 ◽  
Author(s):  
Loan T. Vu ◽  
Anh T. H. Vu ◽  
Thao T. P. Nguyen
Keyword(s):  
Dividend Policy ◽  
Negative Impact ◽  
Positive Impact ◽  
Stock Exchange ◽  
Generalized Least Squares ◽  
Listed Companies ◽  
Dividend Yield ◽  
And Performance ◽  
The Impact ◽  
The Relationship

This study is taken to describe the relationship between the levels of debt, dividend policy and the performance of firms listed in Vietnamese stock market. The dividend policy is proxied by the dividend yield while firm’s performance is measured by ROE, ROA, and P/E. The total number of observations is 552, collecting from 92 listed companies on Hochiminh Stock Exchange during 2012 and 2019. The analysis results from generalized least squares (GLS) models report that the choice of firm’s performance proxy affects the relationship between firm’s performance and leverage as well as dividend policy. While leverage has positive impact on ROE and ROA, it has negative impact on P/E. In contrast, dividend yield ratio is negatively correlated with ROA and P/E but positively correlated with ROE. However, the impact of debt levels on firm’s performance is independent with the choice of leverage proxy. The findings of this research are expected to provide better understanding about the connection between debt, dividend and performance of the firm that can support the managers to make relevant decisions.

scholarly journals Analysis on Spatio-temporal Characteristics and Influencing Factors of Industrial Green Innovation Efficiency——From the Perspective of Innovation Value Chain

2021 ◽  
Author(s):  
Liyuan Zhang ◽  
Pengzhen Liu ◽  
Heather Tarbert
Keyword(s):  
Research And Development ◽  
Influencing Factors ◽  
Value Chain ◽  
High Efficiency ◽  
Transformation Efficiency ◽  
Negative Impact ◽  
Positive Impact ◽  
Science And Technology ◽  
Green Innovation ◽  
Two Stage

Green innovation has become an important combination of high-quality economic growth and sustainable development of ecological environment. In this paper, the super-efficiency network SBM model is used to measure the two-stage green innovation efficiency of industrial science and technology R&D and achievement transformation in 30 provinces and cities from 2009 to 2019, and exploratory Data Analysis (ESDA) and spatial econometric model are used to investigate the spatial-temporal evolution characteristics and influencing factors of green innovation efficiency. The results show that: firstly, the overall efficiency of industrial green innovation is low, and the efficiency of scientific research and development and achievement transformation has experienced three stages of "upward-declining-revitalized period". The low efficiency of achievement transformation is an important factor hiding the improvement of the efficiency of industrial green innovation. Secondly, The industrial green innovation efficiency gradually increases from northwest to southeast, forming a centralized "line" and "block" distribution. The high efficiency area is still concentrated in the eastern coastal region, and the balanced development trend is obvious in the central and western regions. Finally, openness has a positive impact on the two-stage green innovation efficiency; Industrial structure and government investment in science and technology have a positive impact on the efficiency of science and technology research and development, but have no significant effect on the efficiency of achievement transformation. Enterprise size has a positive effect on achievement transformation efficiency, but has no significant effect on R&D efficiency. Environmental regulation has a positive impact on R&D efficiency and a negative impact on achievement transformation efficiency.

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