Firms’ performance in sustainable development has caused increasing concerns. A key issue is that the environmental characteristics of business managers may be an important driver to promote the sustainable practice of enterprises. This study explores the relationship between ascribed responsibility of managers and green sustainable practice of enterprises by introducing the waste management as mediation variable and green self-efficacy as a moderating variable. A survey was conducted in manufacturing enterprises from the Yangtze River Delta in China in 2019, where 149 valid questionnaires were collected out of 200 surveyed enterprises. Subsequently, the data were analyzed through an analytic hierarchy process. The results show that: (1) ascribed responsibility of managers has a positive impact on green sustainable practices (β = 0.428, p < 0.001), and waste management plays a full mediating role during this process (β = 0.428, p < 0.001); (2) managers' green self-efficacy strengthens the positive impact of waste management on sustainable practices (β = 0.284, p < 0.05); (3) green self-efficacy has positively moderated the indirect effect of managers' ascribed responsibility for sustainable practice through waste management. The research enriches the theories on sustainable practice of enterprises from the perspective of managers’ environmental characteristics and provides insights for enterprises to promote sustainable development practice.
19 January 2022 in Environmental Science and Pollution Research
Energy efficiency and emissions reductions are effective initiatives to address climate change and energy security. China has increased government subsidies and intellectual property protection (IPP) intensity to promote technological innovation in the renewable energy sector. This paper selects samples of geothermal, wind, and solar energy companies and examines whether the two initiatives mentioned above can improve company innovation, and assesses their action pathways. The results reveal that: (i) government subsidies can directly facilitate renewable energy enterprises’ innovative performance, and research and development (R&D) input served as a medium; and (ii) the intensity of IPP moderation needed for geothermal and solar enterprises to utilize the government subsidy to enhance innovation. The government should consider the differences of different sub-sectors of renewable energy when increasing subsidies. Better laws and policies are needed to strengthen the protection of intellectual property rights and stimulate innovation in renewable energy enterprises.
During the inhibition path of carbon emissions, the role of green finance is of increasing concerns, among which, green credit is regarded as crucial instrument. However, there exist insufficient empirical explorations on effects of green credit. Therefore, this study introduced intergovernmental panel on climate change method to calculate regional carbon emissions based on eight fossil fuels from 2008 to 2019 in China. Subsequently, spatial measurement, threshold regression, and intermediary model were further applied to examine how green credit may affect carbon emissions regarding the restraining effect, threshold effect, transmission mechanism, and spatial heterogeneity. The results show that: (1) green credit can effectively inhibited China's provincial carbon emissions although there existed regional inconsistency. (2) Appropriate levels of environmental regulation and marketization can enhance the repress effect of green credit. (3) Green credit can suppress provincial carbon emissions through optimizing the energy consumption structure, while there exists no intermediary effect of industrial structure upgrading during impact path. (4) Considering endogeneity, green credit can still significantly inhibit regional carbon emissions. These findings further enrich the current literature and provide references for policy design of constructing efficient carbon neutralization path.