Regional Marketization and Corporate Wastewater Treatment Activities: From the Perspective of Government Intervention

Zhengrui Li, Xueting Du and Weihua Zhong ()
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Zhengrui Li: Business School, Qingdao University, Qingdao 266061, China
Xueting Du: Economics School, Qingdao University, Qingdao 266061, China
Weihua Zhong: Economics School, Central University of Finance and Economics, Beijing 102206, China

Sustainability, 2023, vol. 15, issue 18, 1-12

Abstract: The government affects the sewage discharge behavior of enterprises through intervention behavior, which reflects the viewpoint of institutional theory. However, at the same time, whether regional marketization can also motivate enterprises’ sewage treatment behavior poses a challenge to this view. Therefore, theoretical models are established, objective data are collected, and empirical studies are conducted to explore the relationship between regional marketization and the sewage treatment behavior of enterprises. The results show that the higher the marketization level, the lower the wastewater treatment rate of the firm. Further research shows that the government’s attention to the local environment can significantly weaken the relationship between the marketization level and the corporate wastewater treatment behavior. This study provides experience and analysis for policy makers and firms to better control wastewater pollution.

Keywords: marketization level; government intervention; environmental behavior (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 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 (1)

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