Environmental protection tax, corporate ESG performance, and green technological innovation
Environmental, social, and corporate governance (ESG) performance is an analytical framework for measuring the contribution of enterprises to sustainable development and fulfillment of social responsibility. The introduction of an environmental protection tax in China in 2018, which imposes tax on t...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2022-08-01
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| Series: | Frontiers in Environmental Science |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2022.982132/full |
| _version_ | 1828357237989441536 |
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| author | Jing Li Shiyu Li |
| author_facet | Jing Li Shiyu Li |
| author_sort | Jing Li |
| collection | DOAJ |
| description | Environmental, social, and corporate governance (ESG) performance is an analytical framework for measuring the contribution of enterprises to sustainable development and fulfillment of social responsibility. The introduction of an environmental protection tax in China in 2018, which imposes tax on the pollution emission of enterprises, helps enterprises improve their ESG performance and raise their environmental awareness, thus effectively promoting their green technological innovation to achieve sustainable development. This study examines the effect of China’s environmental protection tax on corporate ESG performance and green technology innovation. The findings showed that the environmental protection tax in China can vastly improve the ESG performance and green technological innovation, with the ESG performance exhibiting a partial mediating effect in promoting corporate green technological innovation. The mediating effect in enhancing ESG performance and green technological innovation varies with the nature of firms’ property rights and regions. |
| first_indexed | 2024-04-14T03:12:07Z |
| format | Article |
| id | doaj.art-f92480d7da5341a08239dea3698a7ee6 |
| institution | Directory Open Access Journal |
| issn | 2296-665X |
| language | English |
| last_indexed | 2024-04-14T03:12:07Z |
| publishDate | 2022-08-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj.art-f92480d7da5341a08239dea3698a7ee62022-12-22T02:15:34ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-08-011010.3389/fenvs.2022.982132982132Environmental protection tax, corporate ESG performance, and green technological innovationJing LiShiyu LiEnvironmental, social, and corporate governance (ESG) performance is an analytical framework for measuring the contribution of enterprises to sustainable development and fulfillment of social responsibility. The introduction of an environmental protection tax in China in 2018, which imposes tax on the pollution emission of enterprises, helps enterprises improve their ESG performance and raise their environmental awareness, thus effectively promoting their green technological innovation to achieve sustainable development. This study examines the effect of China’s environmental protection tax on corporate ESG performance and green technology innovation. The findings showed that the environmental protection tax in China can vastly improve the ESG performance and green technological innovation, with the ESG performance exhibiting a partial mediating effect in promoting corporate green technological innovation. The mediating effect in enhancing ESG performance and green technological innovation varies with the nature of firms’ property rights and regions.https://www.frontiersin.org/articles/10.3389/fenvs.2022.982132/fullenvironmental protection taxgreen technological innovationmediating effectsESGtaxable pollutants |
| spellingShingle | Jing Li Shiyu Li Environmental protection tax, corporate ESG performance, and green technological innovation Frontiers in Environmental Science environmental protection tax green technological innovation mediating effects ESG taxable pollutants |
| title | Environmental protection tax, corporate ESG performance, and green technological innovation |
| title_full | Environmental protection tax, corporate ESG performance, and green technological innovation |
| title_fullStr | Environmental protection tax, corporate ESG performance, and green technological innovation |
| title_full_unstemmed | Environmental protection tax, corporate ESG performance, and green technological innovation |
| title_short | Environmental protection tax, corporate ESG performance, and green technological innovation |
| title_sort | environmental protection tax corporate esg performance and green technological innovation |
| topic | environmental protection tax green technological innovation mediating effects ESG taxable pollutants |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2022.982132/full |
| work_keys_str_mv | AT jingli environmentalprotectiontaxcorporateesgperformanceandgreentechnologicalinnovation AT shiyuli environmentalprotectiontaxcorporateesgperformanceandgreentechnologicalinnovation |