Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.

Innovation and green are the directions to promote the circular economy and environmental sustainability at the corporate level. This paper examines the impact of environmental regulation (pollution charge) on green technology innovation and the mediating role of corporate environmental responsibili...

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Autores principales:	Yuanyang Wang, Yanlin Yang, Chenyu Fu, Zengzeng Fan, Xiaoping Zhou
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/d11e29cc02f24be89b970c5169333c6c
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spelling	oai:doaj.org-article:d11e29cc02f24be89b970c5169333c6c2021-12-02T20:08:05ZEnvironmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.1932-620310.1371/journal.pone.0257670https://doaj.org/article/d11e29cc02f24be89b970c5169333c6c2021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0257670https://doaj.org/toc/1932-6203Innovation and green are the directions to promote the circular economy and environmental sustainability at the corporate level. This paper examines the impact of environmental regulation (pollution charge) on green technology innovation and the mediating role of corporate environmental responsibility. Our results indicate that: (1) Environmental regulations stimulate manufacturing enterprises' environmental responsibility and green technology innovation. It is worth noting that corporate environmental responsibility strengthens the relationship between environmental regulation and green technology innovation. (2) Further investigation reveals that R&D expenditure and environmental investment have greatly strengthened the positive effect of environmental regulation on green technology innovation. (3) With more detailed disclosure about enterprises' environment-related information, the more outstanding stimulation effects of environmental regulation. Discussions on the features of enterprise location have revealed that, if the goal of environmental protection is set too high or if the fiscal decentralization is too strong, implementation of environmental regulation would not achieve desirable results. Accordingly, we need to optimize the collection of environmental taxes, strengthen the enterprises' environmental responsibility, and increase investment in R&D and environment protection. Meanwhile, the execution of environmental regulation should also take into account the institutional environment and governance features of the enterprise locations.Yuanyang WangYanlin YangChenyu FuZengzeng FanXiaoping ZhouPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 9, p e0257670 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Yuanyang Wang Yanlin Yang Chenyu Fu Zengzeng Fan Xiaoping Zhou Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.
description	Innovation and green are the directions to promote the circular economy and environmental sustainability at the corporate level. This paper examines the impact of environmental regulation (pollution charge) on green technology innovation and the mediating role of corporate environmental responsibility. Our results indicate that: (1) Environmental regulations stimulate manufacturing enterprises' environmental responsibility and green technology innovation. It is worth noting that corporate environmental responsibility strengthens the relationship between environmental regulation and green technology innovation. (2) Further investigation reveals that R&D expenditure and environmental investment have greatly strengthened the positive effect of environmental regulation on green technology innovation. (3) With more detailed disclosure about enterprises' environment-related information, the more outstanding stimulation effects of environmental regulation. Discussions on the features of enterprise location have revealed that, if the goal of environmental protection is set too high or if the fiscal decentralization is too strong, implementation of environmental regulation would not achieve desirable results. Accordingly, we need to optimize the collection of environmental taxes, strengthen the enterprises' environmental responsibility, and increase investment in R&D and environment protection. Meanwhile, the execution of environmental regulation should also take into account the institutional environment and governance features of the enterprise locations.
format	article
author	Yuanyang Wang Yanlin Yang Chenyu Fu Zengzeng Fan Xiaoping Zhou
author_facet	Yuanyang Wang Yanlin Yang Chenyu Fu Zengzeng Fan Xiaoping Zhou
author_sort	Yuanyang Wang
title	Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.
title_short	Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.
title_full	Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.
title_fullStr	Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.
title_full_unstemmed	Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.
title_sort	environmental regulation, environmental responsibility, and green technology innovation: empirical research from china.
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/d11e29cc02f24be89b970c5169333c6c
work_keys_str_mv	AT yuanyangwang environmentalregulationenvironmentalresponsibilityandgreentechnologyinnovationempiricalresearchfromchina AT yanlinyang environmentalregulationenvironmentalresponsibilityandgreentechnologyinnovationempiricalresearchfromchina AT chenyufu environmentalregulationenvironmentalresponsibilityandgreentechnologyinnovationempiricalresearchfromchina AT zengzengfan environmentalregulationenvironmentalresponsibilityandgreentechnologyinnovationempiricalresearchfromchina AT xiaopingzhou environmentalregulationenvironmentalresponsibilityandgreentechnologyinnovationempiricalresearchfromchina
_version_	1718375268303765504

Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China.

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