The Impact of Public Environmental Concern on the Level of Corporate Carbon Performance
This study explores the relationship between public environmental concern and the level of corporate carbon performance based on the data of Chinese A-share listed companies in the industri-al sector from 2011 to 2019.The research finds that public environmental concern significantly im-proves the level of corporate carbon performance,and this conclusion remains robust after additional tests such as the instrumental variables approach.The mechanism analysis shows that public environ-mental concern improves the level of carbon performance in firms through two mechanisms.One is promoting green technological innovation in firms,and the other is optimizing the regional energy con-sumption structure.The heterogeneity analysis indicates that the impact of public environmental con-cern on the level of carbon performance is more pronounced for firms facing stronger local environmen-tal regulations,located in low-carbon pilot cities,and with poorer social responsibility performance,while it exerts a significant effect on both SOEs and non-SOEs.
public environmental concerncorporate carbon performancelegitimacyenviron-mental regulation
NETL
NSTL
万方数据
