Evidence map›Paper›PMID 36767659›Full record

ArticleInternational journal of environmental research and public health2023

The Impact of China's ETS on Corporate Green Governance Based on the Perspective of Corporate ESG Performance.

Riquan Yao, Yingqun Fei, Zhong Wang, Xin Yao, Sasa Yang

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. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing 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

1 citing paper in PubMed.

  1. Article
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

5 authors.

Riquan YaoHuzhou Power Supply Company, State Grid Zhejiang Electric Power Co., Ltd., Huzhou 313000, China.
Yingqun FeiHuzhou Power Supply Company, State Grid Zhejiang Electric Power Co., Ltd., Huzhou 313000, China.
Zhong WangHuzhou Power Supply Company, State Grid Zhejiang Electric Power Co., Ltd., Huzhou 313000, China.
Xin YaoChina Center for Energy Economics Research, School of Economics, Xiamen University, Xiamen 361005, China.
Sasa YangChina Center for Energy Economics Research, School of Economics, Xiamen University, Xiamen 361005, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

To achieve China's "dual carbon" and common prosperity goals, corporate green governance is crucial. A key tool for promoting green growth is environmental legislation, particularly market-based regulation. With China's carbon emission trading as a natural experiment, we adopt the DID method to quantitatively compare the gap between ESG performance of pilot and non-pilot carbon trading enterprises before and after policy implementation, thereby examining the impact, mechanism and optimization conditions of market-based environmental policy on corporate green governance based on panel data of China's A-share listed companies from 2007 to 2019. In addition, PSM-DID and other methods are employed for preventing estimation bias caused by sample self-selection bias. It is found that: (1) the green governance level of pilot firms can be considerably improved by a carbon emission trading scheme (ETS); (2) the ETS primarily encourages enterprises to uphold their ESG obligations through increasing regulatory pressure from the government and corporate involvement in clean innovation; (3) enhancing regional marketization can strengthen the impact of carbon trading policy, and enterprises that are large and non-state-owned exhibit better performance with regard to green governance as a result of carbon trading policy. This paper provides practical experience for promoting corporate green governance to achieve the "dual carbon" goal based on a market mechanism from a micro perspective.

Indexed as

Greenhouse GasesOrganizationsCarbonChinaGovernmentCarbonGreenhouse GasesESGETSgovernment supervisiongreen governancegreen innovation

Identifiers

PMID36767659
PMCPMC9915039

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.