How does the go-with-the-flow export strategy affect corporate environmental performance?—Evidence from Chinese manufacturing firms

Yu, Z; Cheng, J; Shi, X; Yang, Y

How does the go-with-the-flow export strategy affect corporate environmental performance?—Evidence from Chinese manufacturing firms

Yu, Z Cheng, J Shi, X

Yang, Y

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Publisher:: Wiley
Publication Type:: Journal Article
Citation:: Business Strategy and the Environment, 2023, 32, (6), pp. 3596-3611
Issue Date:: 2023-01-01

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Field	Value	Language
dc.contributor.author	Yu, Z
dc.contributor.author	Cheng, J
dc.contributor.author	Shi, X https://orcid.org/0000-0001-9653-7395
dc.contributor.author	Yang, Y
dc.date.accessioned	2024-03-18T05:43:57Z
dc.date.available	2024-03-18T05:43:57Z
dc.date.issued	2023-01-01
dc.identifier.citation	Business Strategy and the Environment, 2023, 32, (6), pp. 3596-3611
dc.identifier.issn	0964-4733
dc.identifier.issn	1099-0836
dc.identifier.uri	http://hdl.handle.net/10453/176857
dc.description.abstract	How the export strategy affects corporate environmental performance (CEP) is an integral part of trade and environmental issue. This paper investigates the impact of the go-with-the-flow export strategy on CEP during the period 2000 to 2013 by the Chinese Industrial Firms Green Production Emissions Database and the China Customs Database. The study shows that the go-with-the-flow export strategy increases firms' pollution emissions, that is, the more the firms follow the market, the higher their SO2 emission intensity. However, this environmental degradation effect is only found in small and domestic-owned firms. Furthermore, this study finds that the go-with-the-flow export strategy could lead to a conservative production strategy and low survival pressure, which makes firms shortsighted in terms of less investment in clean innovation and sustainable production. Based on these empirical results, the government should reduce firms' cost of clean innovation and ameliorate the problem of market information asymmetry. Such efforts would allow firms to devote more resources to sustainable production rather than information gathering. In addition, environmental regulations should go hand in hand with the promotion of green technology to avoid the expelling effect of regulation and for firms' sustainable production.
dc.language	English
dc.publisher	Wiley
dc.relation.ispartof	Business Strategy and the Environment
dc.relation.isbasedon	10.1002/bse.3317
dc.rights	info:eu-repo/semantics/embargoedAccess
dc.subject	0502 Environmental Science and Management, 1501 Accounting, Auditing and Accountability, 1503 Business and Management
dc.subject.classification	Business & Management
dc.subject.classification	3501 Accounting, auditing and accountability
dc.subject.classification	3502 Banking, finance and investment
dc.subject.classification	3507 Strategy, management and organisational behaviour
dc.title	How does the go-with-the-flow export strategy affect corporate environmental performance?—Evidence from Chinese manufacturing firms
dc.type	Journal Article
utslib.citation.volume	32
utslib.for	0502 Environmental Science and Management
utslib.for	1501 Accounting, Auditing and Accountability
utslib.for	1503 Business and Management
pubs.organisational-group	University of Technology Sydney
pubs.organisational-group	University of Technology Sydney/DVC (International)
pubs.organisational-group	University of Technology Sydney/DVC (International)/Australia-China Relations Institute
utslib.copyright.status	embargoed	*
pubs.consider-herdc	false
utslib.copyright.embargo	2024-12-01T00:00:00+1000Z
dc.date.updated	2024-03-18T05:43:56Z
pubs.issue	6
pubs.publication-status	Published
pubs.volume	32
utslib.citation.issue	6

Abstract:

How the export strategy affects corporate environmental performance (CEP) is an integral part of trade and environmental issue. This paper investigates the impact of the go-with-the-flow export strategy on CEP during the period 2000 to 2013 by the Chinese Industrial Firms Green Production Emissions Database and the China Customs Database. The study shows that the go-with-the-flow export strategy increases firms' pollution emissions, that is, the more the firms follow the market, the higher their SO2 emission intensity. However, this environmental degradation effect is only found in small and domestic-owned firms. Furthermore, this study finds that the go-with-the-flow export strategy could lead to a conservative production strategy and low survival pressure, which makes firms shortsighted in terms of less investment in clean innovation and sustainable production. Based on these empirical results, the government should reduce firms' cost of clean innovation and ameliorate the problem of market information asymmetry. Such efforts would allow firms to devote more resources to sustainable production rather than information gathering. In addition, environmental regulations should go hand in hand with the promotion of green technology to avoid the expelling effect of regulation and for firms' sustainable production.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/176857