How social and environmental investments attract and repel foreign investors: Insights on shareholder and stakeholder engagement
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F24%3A63578158" target="_blank" >RIV/70883521:28120/24:63578158 - isvavai.cz</a>
Result on the web
<a href="https://onlinelibrary.wiley.com/doi/10.1002/sd.3280" target="_blank" >https://onlinelibrary.wiley.com/doi/10.1002/sd.3280</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1002/sd.3280" target="_blank" >10.1002/sd.3280</a>
Alternative languages
Result language
angličtina
Original language name
How social and environmental investments attract and repel foreign investors: Insights on shareholder and stakeholder engagement
Original language description
This study investigates the diversifying impact of social and environmental investment (SEI) to attract and repel foreign investors (FIs) while determining to invest in environmental friendly firms. By analyzing SEI strategies within the Chinese context and employing panel data regression analysis, this study reveals numerous major insights. First, firms implementing average SEI strategies tend to attract greater investments from FI. On the other hand, above average SEI do not yield similar benefits, indicating that over-investments in social and environmental projects could repel potential investors, and result in a transfer of wealth from shareholders to stakeholders. Furthermore, the present study reveals that firm performance strengthens the positive association between average SEI and FI. Finally, this study finds that the negative relationship between above-average SEI and FI is intensified when firm performance is considered as a moderating factor. These insights are crucial for policymakers in formulating strategies to enhance foreign investments.
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
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
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
Sustainable Development
ISSN
0968-0802
e-ISSN
1099-1719
Volume of the periodical
neuveden
Issue of the periodical within the volume
neuveden
Country of publishing house
US - UNITED STATES
Number of pages
12
Pages from-to
1-12
UT code for WoS article
001356883800001
EID of the result in the Scopus database
2-s2.0-85209805516