Can administrative monopoly regulation enhance corporate ESG performance? Evidence from the fair competition review system

被引：0
|
作者：
Li, Xing [1 ]
Niu, Jing [1 ]
Yang, Dan [1 ]
Liu, Zimin [1 ]
Yang, Gang [1 ]
机构：
[1] Southwest Univ, Coll Econ & Management, 2 Tiansheng Rd, Chongqing 400715, Peoples R China
来源：
APPLIED ECONOMICS LETTERS | 2024年
关键词：
Administrative Monopoly Regulation (AMR); ESG; competition environment; competition behaviour; sustainable development;
D O I：
10.1080/13504851.2024.2366426
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Taking the promulgation of the 'Fair Competition Review System (FCRS)' in 2016 as a quasi-natural experiment, we employed a generalized Difference-in-Differences model and the listed company data between 2009 and 2021 to investigate the impact of administrative monopoly regulation (AMR) on corporate ESG performance. We find that AMR can enhance corporate ESG performance by building a fairer competition environment, standardizing corporate competition behaviour and promoting corporate sustainable development. Additionally, AMR has a greater promoting effect on the ESG performance of non-zombie enterprises, non-state-owned enterprises, and high-tech enterprises.
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页数：6
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