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Does the institutional environment influence corporate social responsibility? Consideration of green investment of enterprises—evidence from China

  • Research in Environmental Governance and Innovation
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Abstract

Green investment, as a socially responsible investment, conforms to the concept of ecological civilization. It is considerable to promote enterprises to make green investment. This article is based on 211 questionnaires for employees of various enterprises in China, using STATA.14 for descriptive statistical analysis, logistical regression analysis, and trend analysis. It aims to explore the impact of government-led institutional environment on enterprises from five aspects. This study examines that the institutional environment has a positive effect on enterprise’ green investment from the legal and cultural aspects, but it has no significant impact from the political, economic, and financial aspects. Finally, this paper provides policy advice that can promote the construction of institutional environment to encourage enterprises to make green investment.

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Funding

The writing of this paper was supported by the 2019 Central University Research Fund - Research on Elderly Only Child Parents’ Old Age Preparation in Xi’an (Project Number: 20190169), 2019 Innovation Ability Support Plan of Shaanxi Province - Investigation and Research on Elderly Only Child Parents' Old Age Preparation in Shaanxi Province (Project Number: 2019KRM143), and Shaanxi Normal University Diligence Research and Innovation Fund (Project Number: KY2019YB027).

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Authors and Affiliations

  1. International Business School, Shaanxi Normal University, Xi’an, 710119, China

    Shu-Rong Han, Pei Li, Xiang-Hua Luo & Chun-Yan Chen

  2. School of Public Health, Fujian Medical University, Fuzhou, 350122, China

    Jian-Jun Xiang

  3. University of Adelaide, Adelaide, Australia

    Jian-Jun Xiang

Authors
  1. Shu-Rong Han
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  2. Pei Li
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  4. Xiang-Hua Luo
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  5. Chun-Yan Chen
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Correspondence to Shu-Rong Han.

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Han, SR., Li, P., Xiang, JJ. et al. Does the institutional environment influence corporate social responsibility? Consideration of green investment of enterprises—evidence from China. Environ Sci Pollut Res 29, 12722–12739 (2022). https://doi.org/10.1007/s11356-020-09559-6

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  • DOI: https://doi.org/10.1007/s11356-020-09559-6

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