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