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Can City Climate Policy Promote Corporate Green Transformation in China? A Perspective of Promotion Pressure and Environmental Awareness

都市気候政策は中国企業のグリーン変革を促進できるか?昇進圧力と環境意識の視点から (AI 翻訳)

Zixin Zhao, Yue Gong

Sustainability📚 査読済 / ジャーナル2026-08-05#政策Origin: CN対象セクター: cross_sector
DOI: 10.3390/su18157951
原典: https://doi.org/10.3390/su18157951

🤖 gxceed AI 要約

日本語

本研究は中国の気候レジリエント都市発展パイロット政策(CRCDPP)を自然実験として、差の差法(DID)を用いて企業のグリーン変革への影響を検証。政策は企業のグリーン変革を促進するが、政府高官の昇進圧力はその効果を抑制し、経営陣の環境意識は促進することを発見。政府ガバナンス強化と環境支出増加が経路である。

English

This study uses China's Climate-Resilient City Development Pilot Policy (CRCDPP) as a quasi-natural experiment and a difference-in-differences approach to examine its impact on corporate green transformation. The policy promotes green transformation, but promotion pressure on officials suppresses the effect, while management environmental awareness enhances it. The transmission channels are improved government governance and increased environmental expenditures.

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

日本のGX政策(GXリーグ、省エネ法、再エネ導入促進など)において、政策が企業行動に与える影響を実証的に評価する手法は参考になる。特に、政策の効果が政府のインセンティブ構造や企業の意識に依存する点は、日本の政策設計にも示唆を与える。

In the global GX context

This paper contributes to global climate policy scholarship by providing causal evidence on how city-level climate policies affect corporate green transformation, highlighting the roles of political incentives and managerial awareness. It offers insights for policymakers designing climate adaptation policies and for researchers studying policy effectiveness in emerging economies.

👥 読者別の含意

🔬研究者:Provides causal evidence on climate policy effectiveness and mechanisms, useful for policy evaluation research.

🏢実務担当者:Highlights the importance of management environmental awareness and political connections in green transformation, relevant for corporate strategy.

🏛政策担当者:Shows that promotion pressure can undermine policy effectiveness, suggesting the need for aligned incentives in climate governance.

📄 Abstract(原文)

Climate governance is an essential pathway to achieving the ‘dual carbon’ strategic goals and promoting green and sustainable corporate development. This study employs the practice of China’s Climate-Resilient City Development Pilot Policy (CRCDPP) as a quasi-natural experiment, utilizing a difference-in-differences approach to examine the policy’s impact on corporate green transformation and its underlying mechanisms. Research findings indicate that the pilot policy effectively promotes corporate green transformation. First, promotion pressures faced by government officials suppress the positive effect of the policy on corporate green transformation. Environmental awareness among management promotes the role of climate policies in driving corporate green transformation. Second, the pilot policy’s promotion of corporate green transformation is transmitted through enhanced government governance and increased government environmental expenditures. Heterogeneity analysis indicates that the policy has a more pronounced effect on enterprises with political connections, high digitalization levels, high climate risk levels, high regional rule of law levels, or high regional pollution levels. The findings provide important insights for addressing climate change, refining climate adaptation policies, and stimulating corporate green transformation.

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