School of Economics and Management Researchers Describe New Findings in Ecology and Evolution (Environmental pollution liability insurance pilot policy and enterprise green transformation: evidence from Chinese listed corporates): Science – Ecology and Evolution

2023 NOV 01 (NewsRx) -- By a News Reporter-Staff News Editor at Ecology Daily News -- Investigators publish new report on ecology and evolution. According to news reporting originating from Guangzhou, People’s Republic of China, by NewsRx correspondents, research stated, “In the context of dual-carbon, corporate green transformation, a significant measure of the green effect of Environmental Pollution Liability Insurance (EPLI), garners substantial attention in current research.”

The news correspondents obtained a quote from the research from School of Economics and Management: “By leveraging the 2008 EPLI pilot policy as an exogenous event, this paper employs a difference-in-difference model to scrutinize the influence of the EPLI pilot on the green transformation of listed companies. We find that: (1) The EPLI pilot actively promotes corporate green transformation. (2) The pilot policy’s impact on green transformation is mediated through regional green development and enterprise investment efficiency. (3) The pilot policy manifests asymmetric effects on green transformation, influenced by regional, industrial, and enterprise-specific pollution levels, as well as government environmental concerns. (4) The EPLI pilot policy engenders enduring financial implications and contributes to the governance of information.”

According to the news reporters, the research concluded: “This study is beneficial to enrich the research on the EPLI system and green transformation of enterprises that provide policy suggestions for improving the green financial system and promoting the green transformation of enterprises.”

For more information on this research see: Environmental pollution liability insurance pilot policy and enterprise green transformation: evidence from Chinese listed corporates. Frontiers in Ecology and Evolution, 2023,11. (Frontiers in Ecology and Evolution - http://www.frontiersin.org/ecology_and_evolution). The publisher for Frontiers in Ecology and Evolution is Frontiers Media S.A.

A free version of this journal article is available at https://doi.org/10.3389/fevo.2023.1294160.

Our news editors report that more information may be obtained by contacting Ling Hu, School of Economics and Management, Guangzhou Institute of Science and Technology, Guangzhou, People’s Republic of China. Additional authors for this research include Ziming Liu, Pengzhen Liu.

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