Does Overseas Investment Raise Corporate Environmental Protection? Evidence from Chinese A-List Companies
Quan-Jing Wang,
Qiong Shen,
Yong Geng and
Dan-Yang Li
Additional contact information
Quan-Jing Wang: School of Business, Zhengzhou University, 100 Science Avenue, Gaoxin District, Zhengzhou 450001, China
Qiong Shen: School of Business, Zhengzhou University, 100 Science Avenue, Gaoxin District, Zhengzhou 450001, China
Yong Geng: School of Environment and Science Engineering, Shanghai Jiaotong University, 800 Dongchuan Road, Minhang District, Shanghai 200240, China
Dan-Yang Li: School of Business, Shaanxi Normal University, 620 West Chang’an Avenue, Chang’an District, Xi’an 710069, China
IJERPH, 2022, vol. 19, issue 2, 1-15
Abstract:
This paper uses the relevant data of China’s listed companies from 2010 to 2018 to test the impact of overseas investment on corporate environmental protection and further examines whether the heterogeneity of the company and the heterogeneity of the host country changes this effect. The research results show that the environmental protection of overseas investment companies is significantly higher than that of other companies. The impact of overseas investment on corporate environmental protection is dynamic, and it only helps improve corporate environmental protection after three years of investment. This article is conducive to causally identifying the logical relationship between overseas investment and corporate environmental protection. The policy significance is that the government can rationally guide companies to invest abroad, and oversea investment will help enhance corporate environmental protection.
Keywords: overseas investment; environmental protection; institutional distance; heterogeneity (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)
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