Journal of Dali University ›› 2023, Vol. 8 ›› Issue (6): 79-87.

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Executive Political Connections, Changes in Environmental Regulatory Modes, and Corporate

Environmental Investment

Tang Liang,Lu Jingnan,Jiang Haifeng,Xue Jiuyang   

  1. School of Business, Fuyang Normal University, Fuyang,Anhui  236037,China
  • Received:2022-07-14 Online:2023-06-15 Published:2023-06-27

Abstract:

aking the heavily polluting companies listed in China's A-share market from 2008 to 2020 as the research sample, this study empirically tests the specific effect of executive political connections on corporate environmental investment, and discusses the moderating role of changes in environmental regulatory modes on executive political connections and corporate environmental investment. The results show that there is a positive correlation between executive political connections and corporate environmental investment, while changes in environmental regulatory modes are positively related to corporate environmental investments. Furthermore, changes in environmental regulatory modes can inhibit the positive correlation between executive political connections and corporate environmental investments. These findings further confirm the promoting effect of executive political connections on corporate environmental investments and enrich the research on factors influencing such investments.

Key words:

"> executive political connections">, changes in environmental regulatory modes">, corporate environmental investment

CLC Number: