Article
Business
Yosra Makni Fourati, Mariam Dammak
Summary: This study examines the impact of corporate social responsibility (CSR) on corporate financial performance (CFP) and highlights the mediating role of corporate reputation (CR) between the two. The findings emphasize the positive influence of CSR on both CR and CFP, providing important insights for international comparisons.
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT
(2021)
Article
Business
Bofu Deng, Li Ji, Zhongmin Liu
Summary: This study examines the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) in China, using a corporate strategy perspective. The results show that for different strategy types, the correlation between CSR and CFP varies: it is positive for prospectors and negative for defenders. These findings remain robust after various tests, providing valuable insights for international investors and emerging markets.
EMERGING MARKETS FINANCE AND TRADE
(2022)
Article
Humanities, Multidisciplinary
Moses Msiska, Alex Ng, Randall K. Kimmel
Summary: The study shows that investing in Climate Change Champions under the United Nations Global Compact has a positive impact on long-term portfolio performance, with lower volatility and risk. The market may be underpricing the lower risk associated with these firms, as standard asset pricing models may not fully account for investor aversion to climate change risk and preference for companies actively combating it. This suggests that factors like these should be considered in developing a more complete asset pricing model.
HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS
(2021)
Article
Business
Peng-Yu Li
Summary: For emerging market multinational enterprises (EMNEs), limited knowledge and resources hinder their attempts to engage in sustainable development and improve corporate social responsibility (CSR) performance (CSP). This study investigates how international orientation, market entry in advanced economies, and adherence to international CSR principles affect CSP for Taiwanese EMNEs. The findings suggest that higher levels of internationalization, greater market entry in advanced economies, and adherence to international CSR principles are positively related to CSP, and a higher level of internationalization enhances the relationship between adherence to international CSR principles and CSP.
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT
(2023)
Article
Business
Elizabeth Napier, Gary Knight, Yadong Luo, Andrew Delios
Summary: In this article, the authors examine the 2022 JIBS Decade Award article by Ioannou and Serafeim (2012) as well as the literature since 2012 to clarify the research developments in corporate social responsibility and corporate social performance (CSP) in the multinational enterprise. They propose a general framework that highlights the unique traits and processes of CSP for MNEs. The article also discusses how new theoretical perspectives and global dynamics can shape CSP strategies and activities for MNEs, and suggests future research directions.
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
(2023)
Article
Business, Finance
Benjamin Lynch, Martha O'Hagan-Luff
Summary: This research analyzes the correlation between firms' corporate social performance (CSP) and the implied cost of equity capital. A sample of 25,938 firm-year observations from 49 countries during the period from 2002 to 2021 is used. The study finds that increased CSP can reduce a firm's cost of equity capital up to a certain point, but the marginal benefits decrease with further CSP investment. The social pillar, particularly a firm's performance regarding its workforce, is the main driver of the cost of capital reductions. Additionally, the relationship between CSP and cost of capital varies depending on the institutional context, with stronger institutional environments leading to greater reductions in cost of capital.
INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS
(2023)
Article
Engineering, Industrial
Huey Wen Lim, Fucheng Zhang, Dongping Fang, Feniosky Pena-Mora, Pin-Chao Liao
Summary: This study established a CSR-resilience evaluation framework with 20 resilience issues and 46 indicators using disaster risk management and stakeholder theory. Results revealed variations in CSR reporting levels on resilience issues among Asian and Middle Eastern contractors, with Chinese contractors prioritizing client and community concerns. Asian and Chinese contractors showed a higher emphasis on community and employee concerns compared to other regions.
JOURNAL OF MANAGEMENT IN ENGINEERING
(2021)
Article
Business
Hui-Ju Tsai, Yangru Wu
Summary: The study found that improvement in overall CSR generally enhances value, but the relationship varies with different CSR dimensions during a crisis period. Improvement in environment, human rights, and product characteristics shows higher financial returns during financial crisis periods, whereas the value enhancement of improvement in employee relations is more pronounced during non-crisis periods.
JOURNAL OF BUSINESS ETHICS
(2022)
Article
Business, Finance
Sooin Kim, Jungmin Yoo
Summary: This study investigates how corporate opacity affects a firm's CSR performance and the relationship between CSR and financial performance. The study finds that corporate opacity has a negative impact on CSR performance and weakens the positive effect of CSR on long-term profitability. The research introduces corporate opacity as a mediator to explain the mixed results on the relationship between CSR and financial performance and suggests its consideration in evaluating the effectiveness of CSR activities on a firm's financial performance.
FINANCE RESEARCH LETTERS
(2022)
Article
Business, Finance
Muhammad Ramzan, Muhammad Amin, Muhammad Abbas
Summary: The study on 20 Pakistani commercial banks showed that corporate social responsibility, age, and size have a positive impact on financial performance, financial inclusion, and financial stability. However, high leverage levels reduce financial inclusion and stability, and financial inclusion is negatively associated with asset tangibility.
RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE
(2021)
Article
Business
Yuguang Ji, Maoli Ji, Gang Yang, Shulan Dong
Summary: Water is a valuable resource and its management has an impact on corporate financial performance. In this study, we used the fsQCA method to explore the relationship between water resource management and financial performance in 259 manufacturing companies. The results showed that poor water management and low CSR scores negatively affected financial performance, with the former having a greater impact. Good water resource management alone is not enough for high financial performance, but it is a necessary condition. This research provides valuable insights for the field of CSR and environmental management.
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT
(2023)
Article
Business
Camelia Radu, Nadia Smaili
Summary: This research examines corporate performance patterns using a cluster analysis and identifies three types of corporate performance: financially focused, balanced, and CSR-focused. Most firms prioritize financial performance over social and environmental performance, while CSR-focused firms excel in environmental and social performance but lack in financial performance. Balanced-performance firms have higher sustainable performance but are the smallest cluster in the sample.
BUSINESS STRATEGY AND THE ENVIRONMENT
(2021)
Article
Business, Finance
Wei Liu, Xuefeng Shao, Marco De Sisto, Wen Helena Li
Summary: This study reexamines the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) using a panel dataset of Chinese listed firms. By introducing a Heckman2SLS model, the study comprehensively addresses endogeneity issues within the CSR-CFP relationship, indicating a robust relationship after correction and serving as a case for future investigation and correction of endogeneity issues.
FINANCE RESEARCH LETTERS
(2021)
Article
Development Studies
Xuetong Wang, Xu Feng, Yujun He, Xuezhu Cui, Xiangnan Song, Mingbo Xi, Jingkuang Liu
Summary: This study examines the impact of corporate internationalization on the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) using data from 667 Chinese enterprises from 2013 to 2018. The results show that corporate internationalization negatively moderates the relationship between shareholder-oriented CSR and CFP across the entire sample. Furthermore, the moderating effect of corporate internationalization varies across different dimensions of CSR and CFP in labor-intensive, capital-intensive, and technology-intensive enterprises.
JOURNAL OF ENVIRONMENTAL PLANNING AND MANAGEMENT
(2023)
Article
Business, Finance
Jingjing Huang
Summary: This study examines the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) in listed companies in China. It finds that CSR has a positive impact on CFP, and this relationship is strengthened by the turnover of local officials. The study also shows that non-state or better governed firms are more sensitive to the turnover of local officials in the CSR-CFP relationship.
FINANCE RESEARCH LETTERS
(2022)
Article
Thermodynamics
Wen Sun, Xiaoling Zhang, Natasha Hazarika
Summary: This paper analyzes the relationship between R&D investment, revenue, innovation, efficiency, and risk in clean energy companies and traditional energy companies. It provides tailored investment strategies for different types of clean energy companies and traditional energy companies.
INTERNATIONAL JOURNAL OF GREEN ENERGY
(2023)
Article
Multidisciplinary Sciences
Weixin Zhai, Zhidian Jiang, Xiangfeng Meng, Xiaoling Zhang, Mengxue Zhao, Ying Long
Summary: Shrinking cities are often overlooked in the global urbanization process, but they face unique challenges that are crucial to achieving Sustainable Development Goal 11. By analyzing nighttime light images and redefined city boundaries, this study identifies and predicts the distribution of shrinking cities. The proportion of shrinking cities is increasing, and they are projected to make up 37% of all cities in the future. Therefore, coordinated efforts, such as regreening vacant lands and constructing compact cities, considering multiple data sources like CO2 emissions and points of interests, are needed to achieve SDG 11.
Article
Business
Xinyu Hao, Guangfu Liu, Xiaoling Zhang, Liang Dong
Summary: This paper examines the innovation regime in the recycled resources industry (RRI) using mechanism analysis and an evolutionary game model. The findings identify six potential Evolutionary Stable Strategies (ESS) and highlight the role of subsidy policies in promoting cooperation among stakeholders.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2022)
Article
Development Studies
Li He, Xiaoling Zhang
Summary: The inverted-U relationship between urbanization and urban-rural inequality has been observed in China, with most provinces experiencing a decoupling between urbanization and urban-rural income inequality. The relationship is regionally heterogeneous, with a stronger impact in the eastern and western regions compared to the northeast region. Urbanization can play a key role in narrowing the income gap through increased fiscal expenditure on urban-rural affairs.
HABITAT INTERNATIONAL
(2022)
Article
Green & Sustainable Science & Technology
Hua-Rong Peng, Jingbo Cui, Xiaoling Zhang
Summary: This study investigates the impact of China's carbon emission trading scheme (CETS) on marginal abatement cost (MAC) from the perspective of alternative allowance allocation methods. The findings reveal that CETS has a significant influence on the cost-effectiveness of regulated industrial sectors, and different allocation methods have varying effects on MAC.
SUSTAINABLE PRODUCTION AND CONSUMPTION
(2022)
Article
Environmental Studies
Yang Chen, Xiaoling Zhang, K. W. Chau, Linchuan Yang
Summary: This study examines the impacts of market-oriented institutional arrangements on land redevelopment approval duration in China, using Shenzhen as a case study. The empirical findings suggest that the duration is shortest when the applicant is the original factory owner and longest when the applicant is a local government official. Additionally, larger-scale projects and those with more dedicated public facilities tend to have longer approval durations.
Article
Environmental Studies
Mingzhi Hu, Xiaoling Zhang, Xian Zheng
Summary: In the era of rapid urban transformation, the impact of housing demolition on residents' life satisfaction in China is uncertain. While demolition increases the quality of housing, it also decreases social connection and occupational stability.
JOURNAL OF HOUSING AND THE BUILT ENVIRONMENT
(2023)
Review
Green & Sustainable Science & Technology
Xushan Sheng, Xiaoling Zhang, Xinyue Zhou
Summary: Showing the impact of pro-environmental behavior is important for its adoption. This paper introduces behavioral impact messages to persuade people by displaying behavioral consequences. The authors propose an integrated conceptual framework to investigate the persuasion process of behavioral impact messages, identifying elements, variations, message strategies, and proposed theoretical models. Future research should focus on the updated communication context, receiver characteristics, and long-term exposure effects.
SUSTAINABLE PRODUCTION AND CONSUMPTION
(2023)
Article
Geography
ChengHe Guan, Kelly Yan, Bo Zhang, Ying Li, Xiaoling Zhang
Summary: This article examines the effectiveness of loosening and tightening policies on mortgage lending in different priced housing markets in Shanghai, China from 2014 to 2018. The study utilizes daily average sale prices across 1,824 neighborhoods and employs cluster analysis and policy-informed hedonic regressions. The results show that the effects of mortgage lending policy interventions varied significantly, with the overall spatial distribution gravitating toward subway networks and varying throughout the years.
PROFESSIONAL GEOGRAPHER
(2023)
Article
Thermodynamics
Xinyu Hao, Wen Sun, Xiaoling Zhang
Summary: The carbon market plays a crucial role in reducing carbon emissions, but its future direction is uncertain due to tighter carbon allowances. This study examines the operation mechanism of the carbon market from the stakeholders' perspective and suggests that the carbon market in China may become a major seller's market with dramatic reduction in carbon quota. It also highlights the impact of carbon productivity, administrative penalties, and information disclosure on the participation of carbon suppliers and buyers in the market, as well as the influence of carbon price and demand variation on their strategic interactions.
Article
Engineering, Environmental
Xinyu Hao, Liang Dong, Guangfu Liu, Xiaoling Zhang
Summary: This paper reveals the strategic coevolution mechanism of polycentric waste governance's main stakeholders at the community level through evolutionary game theory. The study shows that the recycler ultimately chooses active participation, while the community and householders are hesitant. Transmission effects exist in the interactions among the three agents. The modeling analysis echoes the tragedy of the commons and market failure in the theoretical landscape of polycentric waste governance. Countermeasures such as community engagement, public perception, and innovative government-market cooperation mode deserve attention. By uncovering the 'black box' of the polycentric waste governance model, a better understanding of the strategic evolution mechanism of governance actors for improving the theory is obtained. The research findings are expected to enlighten the practice of polycentric waste governance and mitigate the dilemma of waste siege.
RESOURCES CONSERVATION AND RECYCLING
(2023)
Article
Agricultural Economics & Policy
Wenjing Han, Zhengfeng Zhang, Xiaoling Zhang
Summary: This study uses the sustainable livelihood approach to explore the role of farmland transfer decision and the effectiveness of the 2014 Three Property Rights Separation reform. The findings show that participating in transferred-out farmland improves rural households' non-agricultural livelihood strategies, while participating in transferred-in farmland increases the probability of rural families engaging in pure-agricultural or agricultural-dependent livelihood strategies.
CHINA AGRICULTURAL ECONOMIC REVIEW
(2023)
Article
Environmental Studies
Jie Wang, Yuzhen Zhang, Xiaoling Zhang, Mengqiao Song, Jianping Ye
Summary: This study investigates the spatio-temporal variation of urban green space (UGS) and its relationship with urban growth in the Yangtze River Delta region in China during the period of rapid urban development. The results show that the growth of the economy and population initially led to a decrease in UGS, but recent years have seen an increase in UGS due to economic and population growth, as well as expansion of urban land boundaries. However, the increase in urban land is contrary to the sustainable and compact development of the city.
Article
Multidisciplinary Sciences
Hui Hu, Shuaizhou Xiong, Xiaoling Zhang, Shuzhou Liu, Lin Gu, Yuqi Zhu, Dongjin Xiang, Martin Skitmore
Summary: The social contact rate plays a significant role in the transmission of COVID-19, where higher social contact leads to more contagion cases. This study examined 18 countries with the highest number of confirmed cases in the first 200 days after the Wuhan lockdown. A General Dynamic Model was developed to simulate the epidemic under various restriction policies for 500 days since the outbreak. The findings showed that the probability of contagion ranged from 12.52% to 39.39%, and the social contact rates varied significantly among countries, from 18.21% to 96.00%. Developed economies had 3.5 times more effective restriction policies compared to developing economies. The study compared the effectiveness of different policies for disease prevention and discussed the impact of policy adjustment frequency for each country. The recommendation was to maintain the strictest restrictions or adopt alternating tightening and loosening measures, resulting in an average reduction of maximum active cases by 72.45% and 79.78%, respectively.
Article
Environmental Sciences
Jing Lyu, Tianle Liu, Bofeng Cai, Ye Qi, Xiaoling Zhang
Summary: Global south countries, including China, face a dilemma of reducing carbon emissions while maintaining economic growth. This study evaluates the policy effect of China's low-carbon city pilots (LCCPs) and finds that implementing low-carbon policies can significantly reduce total carbon emissions and carbon emissions per capita. However, the reduction in carbon emissions per unit of GDP is insignificant, and the policy effect varies according to the batches and their characteristics.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Article
Green & Sustainable Science & Technology
Lars odegaard Bentsen, Narada Dilp Warakagoda, Roy Stenbro, Paal Engelstad
Summary: This study investigates uncertainty modeling in wind power forecasting using different parametric and non-parametric methods. Johnson's SU distribution is found to outperform Gaussian distributions in predicting wind power. This research contributes to the literature by introducing Johnson's SU distribution as a candidate for probabilistic wind forecasting.
JOURNAL OF CLEANER PRODUCTION
(2024)
Article
Green & Sustainable Science & Technology
Xing Liu, Qiuchen Wang, Yunhao Wen, Long Li, Xinfang Zhang, Yi Wang
Summary: This study analyzes the characteristics of process parameters in three lean gas ethane recovery processes and establishes a prediction and multiobjective optimization model for ethane recovery and system energy consumption. A new method for comparing ethane recovery processes for lean gas is proposed, and the addition of extra coolers improves the ethane recovery. The support vector regression model based on grey wolf optimization demonstrates the highest prediction accuracy, and the multiobjective multiverse optimization algorithm shows the best optimization performance and diversity in the solutions.
JOURNAL OF CLEANER PRODUCTION
(2024)
Article
Green & Sustainable Science & Technology
Cairong Song, Haidong Yang, Xian-Bing Meng, Pan Yang, Jianyang Cai, Hao Bao, Kangkang Xu
Summary: The paper proposes a novel deep learning-based prediction framework, aTCN-LSTM, for accurate cooling load predictions. The framework utilizes a gate-controlled multi-head temporal convolutional network and a sparse probabilistic self-attention mechanism with a bidirectional long short-term memory network to capture both temporal and long-term dependencies in the cooling load sequences. Experimental results demonstrate the effectiveness and superiority of the proposed method, which can serve as an effective guide for HVAC chiller scheduling and demand management initiatives.
JOURNAL OF CLEANER PRODUCTION
(2024)
Article
Green & Sustainable Science & Technology
Zhe Chen, Xiaojing Li, Xianli Xia, Jizhou Zhang
Summary: This study uses survey data from the Loess Plateau in China to evaluate the impact of social interaction on the adoption of soil and water conservation (SWC) technology by farmers. The study finds that social interaction increases the likelihood of farmers adopting SWC, and internet use moderates this effect. The positive impact of social interaction on SWC adoption is more pronounced for farmers in larger villages and those who join cooperative societies.
JOURNAL OF CLEANER PRODUCTION
(2024)
Article
Green & Sustainable Science & Technology
Chenghua Zhang, Yunfei Yan, Kaiming Shen, Zongguo Xue, Jingxiang You, Yonghong Wu, Ziqiang He
Summary: This paper reports a novel method that significantly improves combustion performance, including heat transfer enhancement under steady-state conditions and adaptive stable flame regulation under velocity sudden increase.
JOURNAL OF CLEANER PRODUCTION
(2024)
