Low-carbon city initiatives and firm risk: A quasi-natural experiment in China

This study contributes to the low-carbon city (LCC) related literature by providing causal evidence on the impact of carbon reduction regulation on firm risk. Using staggered adoption of LCC program shocks in China as a quasi-natural experiment, we implement a difference-in-differences (DiD) analysi...

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Bibliographic Details
Main Authors: Huang, J.C., Cao, June, Hasan, T., Zhao, J.
Format: Journal Article
Published: 2021
Online Access:http://hdl.handle.net/20.500.11937/86085