DOES MEDIA ATTENTION AFFECT FIRMS' ENVIRONMENTAL PROTECTION EFFORTS? EVIDENCE FROM CHINA

被引：31
|
作者：
Kong, Gaowen [1 ]
Kong, Dongmin [2 ,4 ]
Wang, Maobin [3 ]
机构：
[1] Guangzhou Univ, Sch Econ & Stat, Guangzhou 510006, Peoples R China
[2] Huazhong Univ Sci & Technol, Sch Econ, Wuhan, Peoples R China
[3] Univ Int Business & Econ, Sch Banking & Finance, Beijing 100029, Peoples R China
[4] Bldg Sch Econ, Luoyu Rd 1037, Wuhan 430074, Hubei, Peoples R China
来源：
SINGAPORE ECONOMIC REVIEW | 2020年 / 65卷 / 03期
基金：
中国国家自然科学基金;
关键词：
Media attention; environmental protection; China; CORPORATE SOCIAL-RESPONSIBILITY; ECONOMIC-PERFORMANCE; CAPITAL EXPENDITURES; SELF-REGULATION; INFORMATION; DISCLOSURE; VOLUNTARY; ISSUE; PARTICIPATION; INCENTIVES;
D O I：
10.1142/S021759081741003X
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using data from publicly traded firms in China, we examine the relationship between media attention and firms' environmental protection efforts. We show that: (1) media attention induces firms to exert more effort in environmental protection, (2) state-owned firms are more responsive to media attention than non-state-owned firms regarding environmental protection and (3) firms are more responsive when faced with local media attention and negative media reports. The results are robust to the subsample of heavily polluting industries. Overall, this study illustrates the use of media attention to regulate corporate behavior.
引用
收藏
页码：577 / 600
页数：24
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