Economics at your fingertips  

Can Environmental Regulations Promote Corporate Environmental Responsibility? Evidence from the Moderated Mediating Effect Model and an Empirical Study in China

Benhong Peng (), Yu Tu () and Guo Wei ()
Additional contact information
Benhong Peng: School of Management Science and Engineering, Nanjing University of Information Science & Technology, Nanjing 210044, China
Yu Tu: School of Management Science and Engineering, Nanjing University of Information Science & Technology, Nanjing 210044, China
Guo Wei: Department of Mathematics & Computer Science, University of North Carolina at Pembroke, Pembroke, NC 28372, USA

Sustainability, 2018, vol. 10, issue 3, 1-16

Abstract: Based on the Stakeholder theory, a moderated mediating effect model is developed to reach the study objective, revealing an important connection that suggests environmental regulations (ERs) influence corporate environmental responsibility (CER) (Porter Hypothesis). In building the model, the validity of the questionnaire data was analyzed with factor analysis. By employing a two-step approach, a regression analysis is utilized to discuss the mediating effect of altruistic motivation and moderating effect of green innovation, and a structural equation model is used to explore the interactive mechanism of different variables. It is found that altruistic motivation plays a medium role in the relationship between ERs and CER, and green innovation engages a positive coordination in the relationship. The empirical study identifies factors affecting enterprises’ willingness to undertake environmental responsibility, including environment policies, corporate culture, and personal characters among others. It is also revealed that altruistic motivation is conducive to forming a community interests among enterprises and enhancing their resistance to market risks, which explains and corroborates the Stakeholder theory; and the higher the level of green innovation, the more willing enterprises are to implement environmentally friendly operations.

Keywords: environmental regulation; corporate environmental responsibility; altruistic motivation; green innovation; Porter Hypothesis (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)

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:

Access Statistics for this article

Sustainability is currently edited by Prof. Dr. Marc A. Rosen

More articles in Sustainability from MDPI, Open Access Journal
Bibliographic data for series maintained by XML Conversion Team ().

Page updated 2020-01-14
Handle: RePEc:gam:jsusta:v:10:y:2018:i:3:p:641-:d:133963