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Environmental Regulation and Corporate Financing—Quasi-Natural Experiment Evidence from China
16 references·11 citing·41 second hop
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(1983)Data in Search of a Theory: A Critical Examination of the Relationships Among Social Performance, Social Disclosure, and Economic Performance of U.S. Firms (1985)Images of Organization (1986)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Stakeholder Theory: The State of the Art (2010)The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in a Global Context (2015)Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)A resource‐based view of the firm (1984)Firm Resources and Sustained Competitive Advantage (1991)The Capabilities of Market-Driven Organizations (1994)Prospering in Dynamically-Competitive Environments: Organizational Capability as Knowledge Integration (1996)The dynamic resource‐based view: capability lifecycles (2003)Firm resources and sustained competitive advantage (2004)Competitive Advantage: Creating and Sustaining Superior Performance (1985)The Competitive Advantage of Nations (1991)Redefining innovation — eco-innovation research and the contribution from ecological economics (2000)Green supply‐chain management: A state‐of‐the‐art literature review (2007)The roads ahead: Narratives for shared socioeconomic pathways describing world futures in the 21st century (2015)Tobin's q, Corporate Diversification, and Firm Performance (1994)Diversification's effect on firm value (1995)CEO Overconfidence and Corporate Investment (2005)What Matters in Corporate Governance? (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Corporate financing and investment decisions when firms have information that investors do not have (1984)How does financial reporting quality relate to investment efficiency? 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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1998Law and Finance17,902 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 1995Toward a New Conception of the Environment-Competitiveness Relationship13,329 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1991Towards a dynamic theory of strategy3,948 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited
  • 1995Corporate social and environmental reporting3,320 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 2002Government Ownership of Banks2,517 cited
  • 1986An Evolutionary Approach to Norms2,212 cited
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  • 2010An International Comparison of Capital Structure and Debt Maturity Choices1,085 cited
  • 1996The Value of Diversification During the Conglomerate Merger Wave878 cited
  • 2008Environmental regulation and productivity: testing the porter hypothesis

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Cited by

  • 2019Spatial Effects of Environmental Regulation and Green Credits on Green Technology Innovation under Low-Carbon Economy Background Conditions96 cited
  • 2024How does the new environmental protection law affect the environmental social responsibility of enterprises in Chinese heavily polluting industries?73 cited
  • 2022Does environmental regulatory pressure affect corporate debt financing?54 cited
  • 2023Environmental regulation and corporate employment revisited: New quasi-natural experimental evidence from China's new environmental protection law53 cited
  • 2020Promoting or Inhibiting? The Impact of Environmental Regulation on Corporate Financial Performance—An Empirical Analysis Based on China51 cited
  • 2019The Influence of Confucianism on Corporate Environmental Investment: Evidence from Chinese Private Firms33 cited
  • 2022The policy effect of green finance reform and innovations: Empirical evidence at the firm level25 cited
  • 2021China’s New Environmental Protection Law and Green Innovation: Evidence from Prefecture‐Level Cities21 cited
  • 2023Environmental regulatory pressures and the short-term debt for long-term investment of heavy-polluting enterprises: quasi-natural experiment from China21 cited
  • 2024Operating risk of enterprises when adopting environmental regulation: Evidence from environmental protection law in China18 cited
  • 2022Does stringent environmental regulation reduce the overinvestment of high polluting firms? – Quasi-natural experiment evidence from China’s new “environmental protection law”12 cited