Greening Your Way to Profits: Green Strategies and Green Revenues
We examine hot-debated but underexplored questions of whether and how green strategies affect corporate green revenues. Using a generalized Difference-in-Differences (DiD) framework, we find that green strategies significantly enhance corporate green revenues in the presence of China's Emission...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
2024
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| Online Access: | http://hdl.handle.net/20.500.11937/94243 |
| _version_ | 1848765851221622784 |
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| author | Huang, Zijie Cao, June Pan, Lei |
| author_facet | Huang, Zijie Cao, June Pan, Lei |
| author_sort | Huang, Zijie |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | We examine hot-debated but underexplored questions of whether and how green strategies affect corporate green revenues. Using a generalized Difference-in-Differences (DiD) framework, we find that green strategies significantly enhance corporate green revenues in the presence of China's Emission Trading Scheme (ETS) pilot. This is consistent with the Porter Hypothesis. Our mechanism analyses document that green strategies increase green revenues by improving green quality and catalyzing environmentally friendly transformation. This study has important implications for policymakers and practitioners, offering new insights into the intended consequences and real outcomes of environmental regulations. |
| first_indexed | 2025-11-14T11:41:49Z |
| format | Journal Article |
| id | curtin-20.500.11937-94243 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:41:49Z |
| publishDate | 2024 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-942432024-02-01T02:43:32Z Greening Your Way to Profits: Green Strategies and Green Revenues Huang, Zijie Cao, June Pan, Lei We examine hot-debated but underexplored questions of whether and how green strategies affect corporate green revenues. Using a generalized Difference-in-Differences (DiD) framework, we find that green strategies significantly enhance corporate green revenues in the presence of China's Emission Trading Scheme (ETS) pilot. This is consistent with the Porter Hypothesis. Our mechanism analyses document that green strategies increase green revenues by improving green quality and catalyzing environmentally friendly transformation. This study has important implications for policymakers and practitioners, offering new insights into the intended consequences and real outcomes of environmental regulations. 2024 Journal Article http://hdl.handle.net/20.500.11937/94243 10.1016/j.frl.2024.105029 http://creativecommons.org/licenses/by-nc-nd/4.0/ fulltext |
| spellingShingle | Huang, Zijie Cao, June Pan, Lei Greening Your Way to Profits: Green Strategies and Green Revenues |
| title | Greening Your Way to Profits: Green Strategies and Green Revenues |
| title_full | Greening Your Way to Profits: Green Strategies and Green Revenues |
| title_fullStr | Greening Your Way to Profits: Green Strategies and Green Revenues |
| title_full_unstemmed | Greening Your Way to Profits: Green Strategies and Green Revenues |
| title_short | Greening Your Way to Profits: Green Strategies and Green Revenues |
| title_sort | greening your way to profits: green strategies and green revenues |
| url | http://hdl.handle.net/20.500.11937/94243 |