The relationship between public participation in environmental governance and corporations’ environmental violations

Hao Zhang, Lunchen Tao, Biyun Yang and Wenlong Bian

Finance Research Letters, 2023, vol. 53, issue C

Abstract: We explore the relationship in China between public participation in environmental governance and corporations’ environmental violations. We do so by collecting data on unlisted corporations’ environmental violations from 2012 to 2015 and manually matching these data with the number of environment-related proposals made by People's Congress deputies of different provinces. We find that public participation in environmental governance significantly decreases the number of environmental violations by corporations. We use the Eco-environmental Credit Policy as a policy shock in a difference-in-differences regression to confirm our finding. We conclude that public participation in environmental governance increases the number of local environmental regulations and thus restrains environmental violations by corporations.

Keywords: Public participation; Environmental governance; Corporations’ environmental violations; Environmental regulations (search for similar items in EconPapers)
JEL-codes: G34 M14 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323000508
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:finlet:v:53:y:2023:i:c:s1544612323000508

DOI: 10.1016/j.frl.2023.103676

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

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