Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)

The Impact of Green Credit Policy on Corporate Environmental Social Responsibility: The Moderating Role of Media Attention

Authors
Hongya Liu1, Haslindar Ibrahim1, *
1School of Management, Universiti Sains Malaysia, Pulau, Malaysia
*Corresponding author. Email: haslindar@usm.my
Corresponding Author
Haslindar Ibrahim
Available Online 30 December 2024.
DOI
10.2991/978-94-6463-638-3_44How to use a DOI?
Keywords
Green Credit Policy; Corporate Environmental Social Responsibility (CESR); Difference-in-Differences (DID); Media Attention
Abstract

This study aims to explore the impact of green credit policy on corporate environmental social responsibility (CESR), with a particular focus on the moderating role of media attention. All listed businesses in China’s A-share market between 2008 and 2022 make up the research sample, and the difference-in-differences (DID) model is used for analysis. The study finds that green credit policy significantly enhances corporate environmental social responsibility performance, with this effect being particularly pronounced in non-state-owned enterprises and heavily polluting companies. Media attention plays a moderating role in the process by which green credit policy influences corporate environmental social responsibility. Specifically, higher levels of media attention amplify this positive effect. This suggests that the environmental supervisory effect of the credit market depends on the perfection of the market environment, and media attention can promote the corporate undertaking of environmental social responsibility.

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 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 December 2024
ISBN
978-94-6463-638-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-638-3_44How 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

TY  - CONF
AU  - Hongya Liu
AU  - Haslindar Ibrahim
PY  - 2024
DA  - 2024/12/30
TI  - The Impact of Green Credit Policy on Corporate Environmental Social Responsibility: The Moderating Role of Media Attention
BT  - Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
PB  - Atlantis Press
SP  - 440
EP  - 454
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-638-3_44
DO  - 10.2991/978-94-6463-638-3_44
ID  - Liu2024
ER  -