Proceedings of the 2024 3rd International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2024)

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Study on voluntary environmental regulation and ESG performance based on PSM-DID model

Authors
Yi You1, *
1Dalian Polytechnic University, Dalian, China
*Corresponding author. Email: 875418836@qq.com
Corresponding Author
Yi You
Available Online 31 August 2024.
DOI
10.2991/978-94-6463-490-7_45How to use a DOI?
Keywords
voluntary environmental regulation; ESG performance; Executive green cognition，PSM-DID
Abstract

China's social and economic growth has advanced at an unprecedented rate. However, a number of governance and environmental risk concerns, such as excessive emissions by factories, recurrent safety mishaps, and internal mismanagement, have surfaced in the setting of economic development. The environmental, social, and governance performance of the corporation has grown in importance as a metric for sustainable civilization and development. The government's supporting is also necessary for the green transition since it will encourage businesses to adopt environmental responsibility. Voluntary environmental management is becoming more and more recognized as a cutting-edge policy. In addition, managers’ green perspective contributes to environmental governance and management. This study examines A-share businesses from 2012 to 2022. Through the PSM-DID test and stabilization test, the results show that voluntary environmental regulations can improve the performance of manufacturing enterprises. Tests of the mediation mechanism show that the green vision it manages is an intermediary between voluntary environmental regulations and ESG performance.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 3rd International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2024)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
31 August 2024
ISBN
978-94-6463-490-7
ISSN
2589-4919
DOI
10.2991/978-94-6463-490-7_45How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yi You
PY  - 2024
DA  - 2024/08/31
TI  - Study on voluntary environmental regulation and ESG performance based on PSM-DID model
BT  - Proceedings of the 2024 3rd International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2024)
PB  - Atlantis Press
SP  - 407
EP  - 415
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-490-7_45
DO  - 10.2991/978-94-6463-490-7_45
ID  - You2024
ER  -