The impacts of urban development orientation of resource-based cities on environmental information disclosure and greenwashing behavior of listed firms in China
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A101084" target="_blank" >RIV/60460709:41110/24:101084 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s10668-024-04551-3" target="_blank" >https://link.springer.com/article/10.1007/s10668-024-04551-3</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s10668-024-04551-3" target="_blank" >10.1007/s10668-024-04551-3</a>
Alternative languages
Result language
angličtina
Original language name
The impacts of urban development orientation of resource-based cities on environmental information disclosure and greenwashing behavior of listed firms in China
Original language description
Resource-based cities (RBCs) across the globe grapple with severe pollution issues. Governments strive for sustainable development through planning and policies, yet the extent of environmental disclosure and greenwashing behavior among firms at the micro-industrial level within RBCs remains inadequately explored. This study investigates the influence of RBCs' urban development orientation on firms' environmental conduct. Leveraging China's "Sustainable Development Plan for Resource-Based Cities, 2013-2020" as a quasi-natural experiment, we examine the impact of urban development orientation on firms' environmental information disclosure and their commitment to sustainability. Employing the difference-in-differences methodology and a battery of robustness tests, our findings confirm that RBCs' urban development orientation policies significantly enhance firms' environmental information disclosure, mitigate greenwashing practices, with legitimacy effectiveness being the driving factor behind this positive outcome. Notably, this effect is more pronounced in RBCs with stringent environmental enforcement, a greater presence of local environmental groups, and heightened media attention. Our results underscore the role of long-term governmental planning and strategic design in fostering environmental governance.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
ISSN
1387-585X
e-ISSN
1387-585X
Volume of the periodical
Neuvedeno
Issue of the periodical within the volume
Neuvedeno
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
26
Pages from-to
1-26
UT code for WoS article
001173025200001
EID of the result in the Scopus database
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