How does energy policy uncertainty perception affect corporate greenwashing behaviors? Evidence from China's energy companies

Yousen Jin, He Li and Juan Lu

Energy, 2024, vol. 306, issue C

Abstract: This study tests the impact of energy policy uncertainty perception (EPUP) on corporate greenwashing behaviors (GREW) in energy industry. The conclusion indicates that EPUP will exacerbate GREW of energy industry, and its promotion of selective greenwashing is higher. And, EPUP may reduce GREW by strengthening corporate environmental responsibility, and environmental investment. EPUP may promote GREW by strengthening operational pressures. Specifically, EPUP has a U-shaped effect on GREW that first suppresses and then increases, especially in the eastern region. In the heterogeneity, EPUP has a higher inhibitory effect on GREW of eastern firms, state-owned firms, and mature-stage firms. A moderating effect test was conducted, government regulation, media supervision, and public attention all alleviate the promoting effect of EPUP on GREW, with government regulation having the strongest inhibitory effect. This study points out the impact of energy policy fluctuations on the information disclosure behavior of energy enterprises, and provides a perspective of policy stability for curbing GREW.

Keywords: Energy policy uncertainty perception (EPUP); Greenwashing (GREW); energy industry; Environmental responsibility; Non linearity (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544224021777
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:306:y:2024:i:c:s0360544224021777

DOI: 10.1016/j.energy.2024.132403

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().