Does green tax theory affect the environmental sustainability and protection?

Muhammad Naveed Ahmad (), Xiaoguang Zhou (), Sagheer Muhammad () and Malik Shahzad Shabbir ()
Additional contact information
Muhammad Naveed Ahmad: University of Science and Technology Beijing, Haidian District
Xiaoguang Zhou: University of Science and Technology Beijing, Haidian District
Sagheer Muhammad: University of Science and Technology Beijing, Haidian District
Malik Shahzad Shabbir: University of Science and Technology Beijing, Haidian District

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2025, vol. 27, issue 7, No 91, 17383-17393

Abstract: Abstract In emerging nations, green tax benefits pertaining to environmental sustainability, such as taxable tax income adjustments and the ITC (investment tax credit), are gaining popularity. On the other hand, implementing green tax incentives that address climate change in achieving the growth goals for sustainability measures. This research uses environment, social and governance (ESG) scores to construct our dependent variable. To determine which firms and how long the sample observations alter, this study employs a longitudinal research methodology. Probit and logistic regression are then used to determine who will benefit from the tax incentives. It has been noted that a company's more sustainable production methods are reflected in its higher ESG score. For this reason, our analysis employs dummy 1 for companies at the top of the ESG ranking and 0 otherwise.

Keywords: Businesses; Green tax incentives; Sustainable production; Green environment; ESG; Environmental protection (search for similar items in EconPapers)
JEL-codes: D41 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10668-024-04601-w Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:endesu:v:27:y:2025:i:7:d:10.1007_s10668-024-04601-w

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-024-04601-w

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().