RETRACTED ARTICLE: Role of sustainability ethics in amplifying investments in common green properties and infrastructure in China

Jiaguo Peng (), Lifei Huang () and Jian Xu ()
Additional contact information
Jiaguo Peng: Huangshan University
Lifei Huang: Zhijiang College of Zhejiang University of Technology
Jian Xu: South China University of Technology

Economic Change and Restructuring, 2024, vol. 57, issue 3, No 13, 17 pages

Abstract: Abstract This study explores the dynamic interrelation between environmental, social, and governance (ESG) investments, representing the ethical sustainability of enterprises, and green power investments, serving as a proxy for common sustainable infrastructure investment in China spanning from 1995 to 2021. Empirical findings strongly support the assertion of positive short-term and long-term influences of ESG investing on green power investment. A 1% uptick in ESG investing is associated with a notable 0.55 and 0.70% increase in short-term and long-term green power investment, respectively. Factors contributing to this phenomenon include an increased emphasis on environmentally responsible practices, prompting businesses to adopt cleaner energy solutions and attracting capital to green power initiatives. The positive coefficients for green components imports and the development of internet access underscore the favorable impacts on green power investment, highlighting the influential role of information dissemination. Conversely, adverse effects stemming from carbon footprint, foreign direct investment, and economic size reveal a nuanced interplay of factors. The study emphasizes the pivotal role of sustainability ethics and suggests practical policies to incentivize ESG integration, enhance transparency, and foster collaborations for sustainable infrastructure development in China.

Keywords: Sustainability ethics; Green investment; Sustainable power generation; ESG investing; China (search for similar items in EconPapers)
JEL-codes: G11 G32 O53 P20 Q43 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10644-024-09674-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:kap:ecopln:v:57:y:2024:i:3:d:10.1007_s10644-024-09674-1

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10644/PS2

DOI: 10.1007/s10644-024-09674-1

Access Statistics for this article

Economic Change and Restructuring is currently edited by George Hondroyiannis

More articles in Economic Change and Restructuring from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().