scholarly journals How Does CEO’s Environmental Awareness Affect Technological Innovation?

2019 ◽  
Vol 16 (2) ◽  
pp. 261 ◽  
Author(s):  
Qinghua Huang ◽  
Xiding Chen ◽  
Mi Zhou ◽  
Xiaoqin Zhang ◽  
Lingling Duan
Keyword(s):  
Empirical Study ◽  
Technological Innovation ◽  
Positive Impact ◽  
Environmental Awareness ◽  
Government Policies ◽  
Environmentally Conscious ◽  
Listed Firms ◽  
Empirical Results ◽  
The Impact ◽  
Robustness Check

In this paper, we conduct an empirical study on the impact of CEOs’ environmental awareness on technological innovation. To this end, we obtain a large sample with 7615 observations from Chinese A-share listed firms between the years of 2003 and 2014. Our empirical results show that a CEO’s environmental awareness has a significant positive impact on technological innovation of his/her enterprise. Environmentally conscious CEOs will invest more in R&D and obtain more patents. This will help their enterprises achieve higher efficiency of technological innovation. Furthermore, the environmental awareness of a CEO has a more significant impact on technological innovation if his/her enterprise is subject to a higher level of monitoring. We also conduct robustness check of our findings and provide managerial insights and proactive government policies to raise the environmental awareness of CEOs and improve the innovation vitality of enterprises.

scholarly journals An Empirical Study of the Impact of Metro Station Proximity on Property Value in The Case of Nanjing, China

2014 ◽  
Vol 2 (4) ◽  
pp. 61-71
Author(s):  
Xinyue Zhang ◽  
Yanqing Jiang
Keyword(s):  
Empirical Study ◽  
Urban Areas ◽  
Positive Impact ◽  
Property Value ◽  
Price Variation ◽  
Metro Station ◽  
Empirical Results ◽  
Suburban Areas ◽  
The Impact

This paper analyzes the impact of metro station proximity on property value from both theoretical and empirical perspectives. Data on second-hand apartments within six kilometers of metro line 1 and 2 stations in Nanjing are used. Our empirical results show that metro station proximity has a positive partial effect on property value. The degree of impact diminishes with the increase of the distance. The extent of impact reaches the largest when the distance is less than five hundred meters, and is still remarkable when the distance is within two kilometers. The effect becomes insignificant when the distance is larger than two kilometers. Our empirical results also show that with the distance increasing, the extent of price variation is widened first, reaching a peak when the property is within one kilometer, and then decreases. In addition, metro station proximity in suburban areas is shown to have a higher positive impact on property value compared with metro station proximity in urban areas.

scholarly journals Environmental Regulation, Environmental Awareness and Environmental Governance Satisfaction

2021 ◽  
Vol 13 (7) ◽  
pp. 3960
Author(s):  
Meng-Meng Geng ◽  
Ling-Yun He
Keyword(s):  
Environmental Regulation ◽  
Environmental Governance ◽  
Negative Impact ◽  
Positive Impact ◽  
Subjective Evaluation ◽  
Environmental Awareness ◽  
General Social Survey ◽  
Probit Model ◽  
The People ◽  
The Impact

It is a problem worth thinking about whether the government’s environmental regulation policies can meet the residents’ requirements for environmental quality, and benefit the people. The study of the public’s subjective evaluation can more intuitively judge whether the government’s environmental regulation has realized “ecological benefits for the people”. Based on the data of the Chinese General Social Survey (CGSS) in 2013, this paper studied the impact of environmental regulation and environmental awareness on environmental governance satisfaction by an ordered probit model. The study found that environmental regulation has a significant positive impact on environmental governance satisfaction, while environmental awareness has a significant negative impact on environmental governance satisfaction. We also found that when public environmental awareness is taken into account, the positive relationship between environmental regulation and environmental governance satisfaction is affected. The robustness test proved this conclusion.

scholarly journals The effects of environmental regulation and technological innovation on green growth: A theoretical analysis

2018 ◽  
Vol 53 ◽  
pp. 04054
Author(s):  
Xuefei Xu ◽  
Lili Wang ◽  
Shang Chen
Keyword(s):  
Environmental Regulation ◽  
Technological Innovation ◽  
Positive Impact ◽  
Causal Chain ◽  
Mediation Model ◽  
Green Growth ◽  
Positive Role ◽  
Long Run ◽  
The Impact ◽  
Causality Chain

As green growth has attracted a great deal of attention due to the growing concern about the degradation of natural resources and environmental pollution in China, the questions of how to achieve it and which factors drive green growth have become hot topics. Environmental regulation and technological innovation are two main fulcrums in the realization of green growth. However, there is lacking a deeper understanding of the impact of environmental regulation and technological innovation on green growth in a methodological framework. Accordingly, this paper attempts to analyze how these factors affect the implementation of green growth in a model. The findings reveal that (1) in the short term, environmental regulation has inhibited green growth, but has a positive impact on green growth in the long run, (2) technological innovation plays a positive role in green growth improvement, and (3) the causality chain among regulation, technological innovation, and green growth is a typical mediation model. Technological innovation plays an important mediation role in the causal chain. This study not only enriches and deepens theories on green growth, but also successfully implements green growth practices and improve their performance.

scholarly journals The Impact of CSR and Financial Distress on Financial Performance—Evidence from Chinese Listed Companies of the Manufacturing Industry

2020 ◽  
Vol 12 (17) ◽  
pp. 6799 ◽  
Author(s):  
Liu Wu ◽  
Zhen Shao ◽  
Changhui Yang ◽  
Tao Ding ◽  
Wan Zhang
Keyword(s):  
Financial Performance ◽  
Financial Distress ◽  
Manufacturing Industry ◽  
Positive Impact ◽  
Listed Companies ◽  
Research Database ◽  
Listed Firms ◽  
Chinese Listed Companies ◽  
Corporate Social ◽  
The Impact

This paper explores the impact of corporate social responsibility (CSR) and financial distress on corporate financial performance (CFP) in Chinese listed companies of the manufacturing industry. Covering a total of 1445 manufacturing observations from 2013 to 2018 by matching the China Stock Market & Accounting Research Database (CSMAR) and Ranking CSR Ratings (RKS) database and regression models, we find that CSR has a significant positive impact on CFP, and the relationship is more pronounced for firms that are more stable. Further, the win-win relationship of CSR and CFP is also stronger in state-owned enterprises (SOEs). These empirical results suggest that enterprises should actively embrace CSR in response to the call of the country. At the same time, corporate stability should be increased to enhance the role of CSR in promoting CFP. We provide a quantitative analysis of the CSR, CFP, and financial distress of listed firms, and help to alleviate managers’ concern of CSR fulfillment and risk control.

scholarly journals The impact of the COVID-19 pandemic on retailer performance: empirical evidence from India

2020 ◽  
Vol 16 (4) ◽  
pp. 129-138
Author(s):  
Amgad S.D. Khaled ◽  
Nabil Mohamed Alabsy ◽  
Eissa A. Al-Homaidi ◽  
Abdulmalek M.M. Saeed
Keyword(s):  
Supply Chain ◽  
Positive Impact ◽  
Well Being ◽  
Government Policies ◽  
Cross Sectional ◽  
Brand Protection ◽  
Use Of Technology ◽  
Study Results ◽  
The Impact ◽  
Current Reality

The study aims to synthesize the challenges that retailers are facing during the COVID-19 emergency. The research is definitive, informative, and based on a single design of cross-sectional research. Quantitative data based on the research instrument were produced (a questionnaire). Five hundred responses were collected from employees of major retail stores in India. Retailer performance is considered a dependent variable, whereas employee well-being, customer and brand protection, use of technology, government policies, and supply chain are used as independent variables. The current study results indicated that employee well-being and government policies have a significant positive impact on retailer performance, while customer and brand protection, use of technology, and supply chain have a significant positive impact on retailers’ performance. This study will help retailers develop strategies for their employees to protect them and understand that technology is needed in the new normal times. This study highlights the need to be flexible in executing strategic strategies, but retailers need to develop comprehensive action plans, including selecting managers of initiative and defining goals and deadlines. Provided that retailers’ current reality is different from the old normal, no time is lost in taking audacious action.

scholarly journals Research of the synergetic Effects of the Impact of Innovative and Related Macroeconomic Factors on Economic Growth

2021 ◽  
Vol 25 (4) ◽  
pp. 98-109
Author(s):  
B. D. Matrizaev
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Technological Innovation ◽  
Positive Impact ◽  
Innovation Policy ◽  
Coordinated Development ◽  
Macroeconomic Factors ◽  
Long Run ◽  
Stable Growth ◽  
The Impact

This article examines the main mechanisms and tools for implementing innovation policy in countries with fastgrowing economies such as China and India. The study aims to explore the causal relationship between innovation, key macroeconomicvariables and economic growth.The author applies the entropy method and adapts the Graymodel to build a system of indices for assessing the coordination of the interaction of technological innovation, financial development and economic growth. The results show that the degree of integration of the financial system into innovation processes has a significant positive impact on the success of innovation, which is measured by patent activity. Our research proves that innovation indirectly affects economic growth through quality of life, infrastructure efficiency, employment, and rade openness. The findings of the research reveal that both economic growth and innovation tend to depend on a number of conjugate variables in the long run: capital, labor, etc. The author concludes that a comprehensive analysis of technological innovation, financial development and economic growth shows that the three-factor relationship has great potential for coordinated development, as a result of which, according to the calculated forecasts, economic growth in fast-growing economies will significantly accelerate its pace in the next five years. The subject of further research may be an analysis of whether the degree of conjugation of connectivity and coordination between the three systems will maintain stable growth at high values and whether they will be able to reach the stage of transformation.

scholarly journals An Empirical Study of Institutional Investor and Enterprise Innovation

2018 ◽  
Vol 14 (1) ◽  
pp. 227
Author(s):  
Cheng Min
Keyword(s):  
Technological Innovation ◽  
Institutional Investors ◽  
Positive Impact ◽  
Empirical Test ◽  
Institutional Investment ◽  
National Competitiveness ◽  
Social And Economic Development ◽  
Enterprise Innovation ◽  
The Impact

Innovation is the driving force of social and economic development, and a decisive factor in enhancing national competitiveness. In recent years, more and more countries have taken innovation to a strategic height. Chinese institutional investors have an increasing share of the overall ownership and make a remarkable improvement in the market position. Based on an increasingly significant role in the capital market, they actively intervene in the management of the enterprise, focusing on long-term improvement of corporate performance. Correspondingly, Institutional investors can also affect the level of technological innovation by participating in corporate governance. This study analyzes the mechanism of institutional investment affecting the technological innovation of enterprises, and takes an empirical test of institutional investors on the impact of technological innovation. The results show that the overall ownership of institutional investors has a significant positive impact on corporate R&D expenditure. This paper proposes that the future policies should still be oriented toward the development and support of institutional investors, and give further play to their efforts to promote technological innovation of enterprises.

scholarly journals The Impact of Innovation Investment Volatility on Technological Innovation of Enterprises in Different Life Cycles

2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Miaomiao Li ◽  
Zhaoxing Hao ◽  
Meng Luan ◽  
Haibo Li ◽  
Guikun Cao
Keyword(s):  
Technological Innovation ◽  
Positive Impact ◽  
Punctuated Equilibrium ◽  
Life Cycles ◽  
Moderating Effect ◽  
Mature Stage ◽  
Punctuated Equilibrium Theory ◽  
Emerging Industries ◽  
The Impact ◽  
The Relationship

Empirical findings from the impact of innovation investment volatility on enterprise technological innovation are mixed. Based on the punctuated equilibrium theory, this study explores the impact of innovation investment volatility on enterprise technological innovation in different life cycles and whether innovation subsidy has expected effects on enterprises’ technological innovation. By using the 205 Chinese listed enterprises in strategic emerging industries from 2010 to 2019 as the research sample, the results show that the innovation investment volatility has a positive impact on technological innovation of enterprise in the growing stage, while it has no significant effect on enterprise technological innovation in the mature and declining stages. In addition, the negative moderating effect of innovation subsidy on the relationship between innovation investment volatility and technological innovation is the most significant for enterprises in the growing stage, weakly significant for enterprises in the mature stage, and insignificant for enterprises in the declining stage.

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