Investigators from University of International Business and Economics Release New Data on Finance (Exploring the Effect of Policies On Environmental Pollution Liability Insurance In China’s Highly Polluting Industries: Applying Ajzen’s Theory …): Business – Finance

2023 JUL 03 (NewsRx) -- By a News Reporter-Staff News Editor at Daily China News -- Data detailed on Business - Finance have been presented. According to news reporting originating from Beijing, People’s Republic of China, by NewsRx correspondents, research stated, “This paper investigates the effects of different types of government policies related to environmental pollution liability insurance (EPLI) and how these policies promote the demand for EPLI of polluting enterprises. Based on the theory of planned behavior (TPB), we establish a research framework to analyze the effects and mechanisms of the three different policies (mandatory, incentive, and monitoring policies).”

Financial support for this research came from UIBE.

Our news editors obtained a quote from the research from the University of International Business and Economics, “Our empirical results suggest that the mandatory and monitoring policies can effectively promote companies to buy insurance, but the incentive policies have no significant impact on the insurance demand overall. Furthermore, companies with more positive environmental attitudes are not sensitive to mandatory policies. Although the overall effect of incentive policies is not significant, they have a significant positive impact on the EPLI demand of non-state-owned companies.”

According to the news editors, the research concluded: “The monitoring policies prompt enterprises to purchase insurance by strengthening information disclosure and compliant production.”

This research has been peer-reviewed.

For more information on this research see: Exploring the Effect of Policies On Environmental Pollution Liability Insurance In China’s Highly Polluting Industries: Applying Ajzen’s Theory of Planned Behavior. Emerging Markets Finance and Trade, 2023. Emerging Markets Finance and Trade can be contacted at: Routledge Journals, Taylor & Francis Ltd, 2-4 Park Square, Milton Park, Abingdon OX14 4RN, Oxon, England.

The news editors report that additional information may be obtained by contacting Yuantao Xie, University of International Business and Economics, Sch Insurance & Econ, Beijing, People’s Republic of China. Additional authors for this research include Xiaoyan Li and Ying Sun.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1080/1540496X.2023.2210714. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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