Evidence map›Paper›PMID 36674233›Full record

ArticleInternational journal of environmental research and public health2023

Employee Stock Ownership Plans and Corporate Environmental Performance: Evidence from China.

Hongfeng Sun, Chang Liu

Abstract read
In one paragraph

Article in International journal of environmental research and public health, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

2 authors.

Hongfeng SunSchool of Accounting, Zhongnan University of Economics and Law, Wuhan 430073, China.
Chang LiuSchool of Economics and Management, Shihezi University, Shihezi 832003, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

In the context of corporate sustainability, studies on the role that managerial incentives play in improving corporate environmental performance have so far focused on incentives provided either to executives and senior managers or to plant managers. However, few studies have considered the role of employee incentives. Drawing on the opportunity provided by the China Securities Regulatory Commission in restarting employee stock ownership plans (ESOPs) in 2014, this paper investigates the impact of employee incentives on environmental performance of high-polluting enterprises. The results indicate that ESOPs are significantly positively related to corporate environmental performance. The positive effect is particularly pronounced in subsamples with weak free-riding problems, high human capital quality, and non-state-owned enterprises (non-SOEs). Further analysis reveals that ESOPs improve corporate environmental performance through enhancing productivity and green technology. Overall, this paper reveals the micro-mechanisms behind the actual effects of employee incentives on corporate environmental management, thus providing timely implications for high-polluting enterprises to improve environmental performance.

Indexed as

OrganizationsOwnershipChinaHumansTechnologyemployee stock ownership plansenvironmental performancegreen technologymanagerial incentivesproductivity

Identifiers

PMID36674233
PMCPMC9865152

What OpenQuestion holds

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LicenceCC BY
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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.