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The ‘Chinese Porter Hypothesis’, Environmental Judicature and Corporate Green Technology Innovation—Evidence from China

SSRN, ISSN: 1556-5068
2023
  • 2
    Citations
  • 161
    Usage
  • 0
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    2
    • Citation Indexes
      2
  • Usage
    161
    • Abstract Views
      139
    • Downloads
      22

Article Description

Environmental regulation within the legal system plays a significant role in the Porter hypothesis. Using the establishment of an environmental court with Chinese characteristics, we construct the time-varying difference-in-differences model and use it to examines the rationality of the ‘Chinese Porter Hypothesis’. The main findings of this study are as follows: (1) as an effective form of environmental regulation, environmental courts significantly improve the level of green technology innovation amongst local enterprises, which demonstrates the Porter hypothesis positively in China; (2) the establishment of environmental courts can effectively enhance the quality of green technology innovation, and the effect is more significant amongst non-state enterprises and heavily polluting companies; (3) the establishment of environmental courts can influence the green technology innovation of enterprises through two possible channels, government and market, including the enhancement of environmental attention from government and green financial support from the market. Through the findings of this study, we are able to uncover the effects of environmental judicature on corporate green technology innovation and provide a practical foundation for the development of environmental judicature specialisation.

Bibliographic Details

Lei Han; Zijun Xiao; Yongze Yu

Elsevier BV

Multidisciplinary; Porter's hypothesis; Environmental judicature specialization; Corporate green technology innovation; Environmental courts

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