Public Perception of Climate Risk, Environmental Image, and Corporate Green Investment

Xiaoyi Li and Qibo Tian

Annals of the American Association of Geographers, 2024, vol. 114, issue 6, 1137-1155

Abstract: Climate risk has garnered greater attention in recent years, increasing the public’s demand for climate change information. Public attention to climate risk has also increased corporate environmental governance pressure, which inevitably has an impact on the green investment of enterprises. To deepen the understanding of the issue, this article uses Chinese A-share listed manufacturing companies as a research sample from 2018 to 2022 to investigate the impact of public climate risk perception on corporate green investment. This research found that public perception of climate risk can help to promote green investment among enterprises; its route of action is generally achieved through green technological innovation; and an environmentally conscious image can strengthen the promotion effect of the public perception of climate risk on green investment. Further, public perceptions of climate risk contribute more to corporate green investment and the moderating effect of environmental image is more significant in regions with low levels of environmental regulation. This study not only helps to improve the level of public participation in climate governance, but also accounts for environmental regulation limitations. Clear enterprise differentiation and preventive green investment have a positive impact on enterprises and has the ability to improve climate governance and help companies consciously fulfill their environmental responsibility.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/24694452.2024.2338098 (text/html)
Access to full text is restricted to subscribers.

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:taf:raagxx:v:114:y:2024:i:6:p:1137-1155

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/raag21

DOI: 10.1080/24694452.2024.2338098

Access Statistics for this article

Annals of the American Association of Geographers is currently edited by Jennifer Cassidento

More articles in Annals of the American Association of Geographers from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().