Informal institutions and corporate carbon emissions: Evidence from China’s listed companies
インフォーマル制度と企業の炭素排出:中国上場企業の証拠 (AI 翻訳)
S. Hou
🤖 gxceed AI 要約
日本語
本研究は、中国の上場企業2010-2020年のデータを用いて、宗教文化(仏教・道教)が企業の炭素排出に与える影響を実証分析した。宗教文化は炭素排出を抑制し、その経路としてCSR促進、資金調達制約の緩和、グリーンイノベーションの増加が確認された。経済発展地域や国有企業などで効果が顕著であり、正式な制度や外国文化はその効果を弱めるが消し去らない。
English
Using data from Chinese listed firms (2010-2020), this study finds that indigenous religious culture (Buddhism and Taoism) significantly reduces corporate carbon emissions. The effect operates through enhanced CSR, eased financing constraints, and increased green innovation. The impact is stronger in economically developed regions, state-owned, polluting, capital-intensive, and high-tech firms. Formal institutions and foreign cultural influences weaken but do not eliminate this effect.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本では宗教文化と企業行動の関連は馴染みが薄いが、インフォーマル制度がESG行動に与える影響は、日本の地域コミュニティや伝統的価値観を考慮した企業のサステナビリティ戦略に示唆を与える。また、SSBJ開示における非財務要因の考慮に参考になる。
In the global GX context
This paper contributes to the global literature on informal institutions and corporate environmental behavior, complementing formal regulatory approaches like TCFD/ISSB. It offers evidence that cultural factors can drive carbon reduction, suggesting that disclosure frameworks might consider cultural context. For global scholars, it provides empirical insights from China, a major emitter.
👥 読者別の含意
🔬研究者:Provides empirical evidence on how informal institutions like religion affect corporate carbon emissions, offering a novel angle for ESG research.
🏢実務担当者:Highlights the role of cultural and social factors in shaping corporate sustainability practices, which could inform stakeholder engagement strategies.
🏛政策担当者:Suggests that cultural and informal institutions can complement formal climate policies, potentially informing policy design in culturally diverse regions.
📄 Abstract(原文)
This research explores the connection between religious culture and carbon emissions through the lens of informal institutions, offering valuable insights into the shift to a green economy in China. The research sample comprises listed enterprises from 2010–2020 to investigate the influence of indigenous religious culture, represented by Buddhism and Taoism, on the corporate carbon footprint. The results reveal that religious culture has a notable inhibitory effect on corporate carbon outputs. Through a suite of robustness checks, the findings remain in line with the benchmark results. Heterogeneity analysis reveals that the effect of religious culture on corporate carbon emissions is more noticeable in economically thriving areas, state-owned companies, polluting-intensive companies, capital-intensive companies, and high-tech companies. Mechanistic tests suggest that religious culture mainly reduces corporate carbon emissions through three pathways: promoting corporate social responsibility, alleviating corporate financing constraints, and increasing corporate green innovation. Research has shown that both formal institutions and foreign cultural impacts weaken the beneficial impact of indigenous religious culture on corporate carbon reduction but do not eliminate its effect. This study provides practical guidelines and theoretical references for enterprises and policy-makers in addressing climate change and achieving sustainable development.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.1371/journal.pone.0341892first seen 2026-05-15 21:41:50 · last seen 2026-06-29 06:06:38
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